What is Sage Intacct and how does it work?

Sage Intacct is a cloud-based financial management platform designed for growing and mid-market organizations. Since its founding in 1999 as one of the first cloud-native accounting solutions, it has evolved into a comprehensive financial ecosystem serving thousands of businesses globally. Acquired by Sage Group in 2017 for $850 million, the platform now generates over $200 million in annual recurring revenue.

The platform operates on a multi-tenant cloud architecture, enabling real-time financial processing, automated workflows, and sophisticated multi-dimensional reporting. It handles core accounting functions—general ledger, accounts payable/accounts receivable, cash management—while offering advanced capabilities like project accounting, revenue recognition, and multi-entity consolidations across currencies and locations.

Benefits of Integrating Sage Intacct with Abacum

• Sync general ledger data, actuals, and accounting dimensions automatically from Sage Intacct to Abacum, eliminating manual data exports and reducing errors

• Leverage Sage Intacct's multi-entity consolidation capabilities alongside Abacum's scenario planning to model growth across subsidiaries and business units

• Connect Sage Intacct's dimensional chart of accounts with Abacum's flexible planning models for granular analysis by department, location, project, or custom dimensions

• Accelerate month-end close with Sage Intacct while immediately reflecting updated actuals in Abacum's rolling forecasts and variance analysis

• Combine Sage Intacct's real-time financial reporting with Abacum's driver-based planning to create dynamic budgets that adapt to business changes

• Enable seamless collaboration between accounting teams using Sage Intacct and FP&A teams in Abacum through unified data and automated workflows

• Scale financial operations efficiently by leveraging both platforms' cloud-native architectures, supporting growth from startup to enterprise without system changes