Sage Intacct Platinum Partner | Leverage Technologies
The aged care sector in Australia has unique requirements with regard to financial management. A high-growth sector that is under pressure to ensure compliance, accurate reporting and transparency create demands on the CFO and finance team in the aged care sector.
Financial management solutions for the aged care sector need to focus on compliance and reporting whilst delivering an automated solution that helps companies in the sector reduce costs and increase visibility across key data points.
Sage Intacct financial management provides solutions for the accounting, purchasing and reporting of financial and related Key Performance Indicators (KPIs) across the aged care sector.
Key Benefits of Sage Intacct
The key benefits of Sage Intacct include:
- Better access to data for compliance reporting
- Real time analytics, KPIs and dashboards for better decision-making
- Automation of tasks to free up staff so that they can focus on high value outcomes
- Quicker month end close and reporting
- Increased visibility of cash flow through reporting and cash flow KPI metrics
- Visibility of information across the company through CRM and 3rd party solutions integration
Sage Intacct is a cloud-first solution with built-in functionality for standard workflows and operating procedures. For example, the automation of the purchasing process with built-in workflows for purchase orders, purchase order approvals and spend based on user-based criteria can be easily implemented to help streamline the purchasing and approval structures within an aged care organisation.
As aged care companies grow there is often a requirement for a multi-company configuration across new entities and development projects. Sage Intacct has out-of-the-box functionality for multi-company, inter-company, eliminating entries and consolidation reporting. Project accounting functionality provides the ability to manage revenue and costs by project.
The general ledger within Sage Intacct allows for dimensional analysis. As an example of the power of dimensional analysis, an aged care business might consider using dimensions to report on divisions, locations, projects or funding types. This dimensional analysis can be used to produce P&L reporting by the metrics that have been set up in the dimensional analysis. This powerful reporting puts powerful information at the fingertips of managers who can make informed decisions about expenses, funding and cost allocation.
Sage Intacct Functionality
Sage Intacct functionality for the aged care sector includes:
- Multi-company, inter-company, consolidation
- Strong financial reporting, KPIs and dashboards
- Purchasing, purchase approvals
- General ledger dimensional reporting
- Banking
- Accounts receivable
- Accounts payable
- Funds management
- Grant management
- Project accounting
Recognised by the top ERP Partners in Australia
Leverage Technologies is an SAP Business One and SAP Cloud ERP Gold Partner, a Sage Platinum Partner and an MYOB Acumatica Platinum Partner. Our team has won some of the most prestigious national awards as proof of our commitment to customer success.
Leverage Technologies partners with the best ERP solution providers in the world to deliver value and business benefits for our customers. In recognition of this, the team at Leverage has won over 16 partner industry awards for excellence in the ERP industry.
Get Started Now
The Sage Intacct team at Leverage Technologies would love an opportunity to discuss your requirements for a financial management solution in the aged care sector.