Sage 300 CRE is a trusted software that has helped many construction companies grow their business. However, you may be looking for a more robust solution with advanced automation and reporting capabilities that will help take your business to the next level. Many construction companies have recognized the need for a cloud solution that allows you to view your data in real-time from anytime, anywhere. Migrating to Sage Intacct Construction will allow you to improve visibility into projects and streamline your construction processes all with built-in flexibility on a modern cloud platform. Below discusses the 5 key benefits of migrating from Sage 300 CRE to Sage Intacct Construction:  

1. Cloud Based Solution 

Sage Intacct Construction is a true native cloud solution that lets you securely access data 24/7 from any device. You can see your information in real time and make more strategic decisions for your business. By eliminating on-premise servers, your IT team no longer has to struggle to manage, maintain and perform upgrades to the solution. This also reduces IT costs associated with software maintenance, upgrades, fixes and patches.  

2. Improved Visibility with Real-time Reporting and Dashboards  

When operating in Sage 300 CRE, the reporting capabilities are limited, and users often rely on Excel and other third-party platforms. In Sage Intacct Construction, you can create and view real-time customizable reports and dashboards all within the system, helping save time on manual processes. The reports and dashboards are established based on privileges and permissions, ensuring employees see only the information that is meant for them. In Sage 300 CRE, your company may lack visibility into open project commitments. With Sage Intacct Construction’s flexible reporting, you can create a commitment report and see exactly how much of a specific project you have remaining. Ensure that your projects are on track and running smoothly with automated, accurate Work in Progress (WIP) reports that give you full visibility into the financial health of your business.  

3. Multi-Entity Consolidations 

Migrating to Sage Intacct Construction will allow your business to simplify consolidations and reporting for multiple entities, locations, industry segments, and more. Sage Intacct’s entities work together, and multiple entities share the chart of accounts. Consolidations are automatically performed in the solution, providing immediate visibility to the results. With the flexible financial consolidation software, you can automate workflows for multiple entities and save your team hours of manual work. 

4. Open API Integrations  

Sage Intacct Construction’s open API integrations allow you to seamlessly connect with a variety of other solutions you need to efficiently run your business.  Sage Intacct’s Marketplace contains best-in-class, certified third-party applications that “plug and play” with Sage Intacct’s core financials. By integrating your applications, you can ensure data accuracy and improve communication throughout your entire company. 

5. Automated Billing for Construction  

Managing project billing manually is a complicated process. Sage Intacct Construction’s advanced system allows you to streamline contract billing lifecycles, automate pricing and billing models, and integrate your billing with automated revenue recognition.  The system’s project contract capabilities allow users to automatically generate AIA invoices based on specific contract needs. The software adapts to your needs and eliminates labor-intensive manual calculations, making project billing easier and more efficient for your business.   

Partner with the Right Experience & Expertise   

The right partner can greatly enhance your migration from Sage 300 CRE to Sage Intacct Construction. CompuData is a leading Sage Diamond Partner with over 30 years’ experience migrating and implementing Sage solutions. Our team of certified Sage Intacct Construction consultants have the expertise, resources, and methodology needed to support your migration. 

If you want to see firsthand the benefits of migrating from Sage 300 CRE to Sage Intacct Construction, email us to schedule a demo! 

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Author: Kayla Hall

Kayla Hall is the Sage Intacct Practice Director at CBIZ CompuData. She has over 4 years of experience managing and implementing Sage Intacct, and over 7 years in accounting and finance where she has gained insight on analyzing internal processes, developing efficiencies and automating workflows.