Industry Hub

Professional Services

Comprehensive financial nanagement solution for the professional services sector

Unlocking Potential

Sage Intacct For The Professional Services Sector

In the professional services industry, organisations must operate with efficiency, accuracy, and insight to stay profitable and competitive. Sage Intacct provides the financial visibility and control needed to manage every aspect of your business. Designed specifically for service-based industries, Sage Intacct offers real-time data, automated workflows, and seamless project management, allowing you to monitor profitability, streamline operations, and optimise resource allocation with ease.

With powerful features like automated project accounting, advanced reporting, and multi-entity management, Sage Intacct is the go-to solution for professional services firms looking to simplify complex financial processes and accelerate growth. Whether you’re managing multiple clients, projects, or locations, Sage Intacct’s scalable cloud platform ensures your business operates at peak performance while adapting to the unique needs of your industry.

Sage Intacct also excels at providing professional services firms with the tools they need to manage global operations and complex financial structures. With its multi-entity, multi-currency capabilities, and comprehensive reporting, it enables businesses to consolidate financials across different regions and service lines effortlessly. Whether you’re a growing consultancy or an established global player, Sage Intacct ensures you have the financial insight and flexibility to scale with confidence.

Save 40 hours

Save 40 hours per month on invoicing processes

65% improvement

Improve productivity by 65%+

Recover 10K

Recover 10K per billable employee

Capabilities Of Sage Intacct For The Professional Services Sector

Project Accounting

Electronic Document Management (EDM) provides more control over document flow, increases archiving efficiencies, and streamlines document distribution. It eliminates the need for filing, photocopying, printing, and envelope stuffing, immediately providing all documents throughout the company. By adhering to all regulations with secure archiving practices, EDM ensures compliance without the hassle of paperwork, making document management more efficient and effective.

time & expense management

Streamline time management processes and downstream project accounting.

Accelerate time and expense management processes for employees and financial staff.
Make better decisions with real-time visibility of all of your time and expense data.
Streamline your project accounting to save time, increase accuracy and reduce revenue leakage.

CRM integration

Efficient workflows to level up productivity and collaboration.
Allow your finance department to get real-time visibility on customer and transaction data.
Seamless Salesforce integration.

Dashboards & Reporting

Increase business agility through multi-dimensional visibility.
Dive deeper with custom reports, dashboards, and visualisations.
Access data faster to accelerate performance and make decisions with confidence.

Global Capabilities

Streamline the management of your global business with automation, electronic banking, visibility, and compliance with international accounting standards.

Transact globally with multi-currency accounting software.
Save time and reduce errors with automated financial consolidation software.
Meet in-country requirements.
Connect to banks globally to streamline cash management and increase visibility.

Automated allocations

Understand your organisation’s performance with fully automated allocation software that works with Sage Intacct financials.

Easy set-up and repeatable allocations to save time.
Automatic corrections to avoid post-period adjustments.
Compare allocation methods to drive strategy.

More transparency with a rock-solid audit trail.

Automatic Invoicing

Save time, reduce errors and get paid faster with the automated invoicing features of Sage Intacct.

Saves valuable time by removing the need of tedious manual admin
Setting regular invoicing cadences gets you paid faster
Automated invoices reduce the risk of manual error

Sage Intelligent Time

Reimagine your staff timesheet system with AI-powered time tracking and timesheet software, built into Sage Intacct. Get accurate, real-time insights to profitably manage your project-based business.

Time tracking software built into accounting.
Automate tedious time entry for accurate billing.
Give your team their own time assistant.
Recover forgotten billable time to maximise profits.

Billing

Save time and reduce errors with automated billing workflows.
Increase visibility with smart revenue recognition.
Streamline the revenue cycle across your organisation.

Project Costing & Billing

See how you can improve margins by issuing invoices quicker and automating billing and revenue recognition.

Improve profit margins by basing project bids on better data.
Lower costs by streamlining project billing processes.
Project accounting software makes it easy for your team to get information and provide great service.

Revenue Recognition

Intelligent, automated, compliant revenue recognition to help your company scale – with complete support for IFRS 15.

Automate revenue management with revenue and expense re-allocation.
Manage changing requirements smarter with dual treatment and reporting.
Flexibly configure expense amortisation on your revenue recognition terms.
Gain a complete view of your revenue with metric-based reporting.

Award-winning financial management software

In the professional services sector, having the right cloud financial management software is essential to maintaining profitability and ensuring client satisfaction. Whether your business operates in IT services, consulting, marketing, HR services, or engineering, Sage Intacct provides the operational and financial insights needed to keep you performing at your best.

Sage Intacct is a leading financial management platform specifically designed for service-based businesses, including:

Digital marketing agencies
IT service providers
Professional employer organisations (PEOs)

Why you should choose Mysoft For your ERP jounrey

Unmatched Expertise

With a team of over 50 Sage dedicated professionals who have over 450 years of collective experience, we have positioned ourselves as one of the most knowledgeable (if not the most)product & subject matter experts in the industry.

Best in Class Sage Support

At Mysoft we focus on helping your company achieve the highest efficiency and agility possible. Our extensive and diverse experience in understanding ERP allows your business to unlock its full potential using Sage. Our expert team combines advanced Sage knowledge with a wealth of real-world business, financial and IT experience.

Our Support team can provide meaningful assistance around the world on all aspects of Sage.

Referenceability

For Mysoft, our satisfied customers are our best advocates. We recognise that every business is unique and distinct, and we tailor solutions to meet the specific needs of each site. Our focus is operational excellence, from initial scoping and implementation to ongoing development and support. Mysoft’s track record of successful implementations and positive client feedback demonstrates our commitment to providing great outcomes. We hope that our team serves as a trustworthy companion on your ERP journey, ensuring a safe and reliable experience.

Implementation Methodology & Approach

Having been established 20 years ago, Mysoft recognises that implementing an ERP system is never the same twice, every business is different and needs an approach that respects that and works with the business – not against it.

Mysoft adopts a customer-centric approach to project delivery. This means that we deploy expert resources in every aspect of your ERP implementation, from project management, to support, consultancy, and R&D teams.

Development Capabilities & Suite of Plug-Ins & Solutions

Over the two decades of operation, Mysoft has grown and honed our internal development capabilities.

Our team have developed over 10 ‘ready-to-use’ Plug-Ins, and brought the X3CloudDocs automation solution to market. X3CloudDocs is the top listed solution on the Sage X3 marketplace. We regularly carry out bespoke development work for clients, using our structured approach to deliver effectively to a very high standard.

A recurring theme in testimonials we receive relates to the development capabilities and timeframes that Mysoft has been able to provide customers. When choosing Mysoft, you are truly choosing a development powerhouse and can be assured that you are getting the best in the industry.

Frequently Asked questions

How can Sage Intacct benefit professional services firms?

Sage Intacct streamlines financial management for professional services firms by providing real-time visibility into financial data, automating project accounting, and simplifying multi-entity management. It helps optimise profitability, manage expenses, and ensure projects stay on track.

Does Sage Intacct support project-based billing for service businesses?

Yes, Sage Intacct is specifically designed to handle complex project accounting and billing. It automates time tracking, expense management, and project invoicing, ensuring accurate billing and improved cash flow management.

Can Sage Intacct integrate with my current CRM and other systems?

Absolutely. Sage Intacct offers seamless integration with leading CRM systems like Salesforce, as well as other critical business tools, such as payroll and inventory management platforms. This ensures streamlined workflows and improved data accuracy across all business functions.

Is Sage Intacct suitable for global service firms with multiple entities?

Yes, Sage Intacct excels in managing multi-entity, multi-currency environments, making it ideal for global firms. It simplifies the consolidation of financials across regions and currencies, automates inter-entity transactions, and ensures compliance with local tax regulations.

How does Sage Intacct enhance financial visibility for professional services?

With real-time dashboards and customisable reports, Sage Intacct provides detailed insights into financial performance by project, client, or service line. This allows firms to monitor profitability, control costs, and make informed business decisions based on up-to-date information.

What types of professional services businesses benefit from Sage Intacct?

Sage Intacct is perfect for businesses across various sectors, including consulting firms, IT service providers, digital marketing agencies, engineering firms, and professional employer organisations (PEOs). Its flexibility ensures it can adapt to the unique needs of any service-based business.

How does Sage Intacct help with time and expense management?

Sage Intacct automates time tracking and expense reporting, making it easy to capture billable hours, manage expenses, and ensure accurate invoicing. This automation reduces manual entry errors and helps accelerate billing cycles.

What sets Sage Intacct apart from other financial management solutions?

Sage Intacct is a cloud-based, best-of-breed financial management solution recognised for its scalability, robust project accounting capabilities, and seamless integration options. It’s the only financial management system endorsed by the AICPA, trusted by leading service firms to automate and enhance their financial processes.

Helpful Resources

Sage Intacct Planning

Sage Intacct Planning Data Sheet

Sage Intacct Datasheet

Sage Intacct Datasheet

6 reasons why

6 Reasons Why Wealth & Asset Management Firms Switch to Sage Intacct

23 Buyers Guide

Accounting & Financial Management Software Buyers Guide

Hear From Our Customers

Customer success is at the heart of Mysoft’s mission and we take pride in every project we deliver.

Mysoft were transparent, supportive, and helpful. The project was straightforward and smooth.
Nottingham Venues – Financial Controller

Mysoft has been instrumental in the success of this project. Sage X3 has enabled us to automate and implement new business processes and we now have greater visibility of data than ever before.
Madison – IT Director

We’ve received excellent support from Mysoft for our Sage X3 system. They are quick to respond and resolve issues; and draw-in resources from their wider business to assist where necessary.
TIMCo – IT Director

The Mysoft team have always been really friendly and clearly hard-working, seen through all the days they were willing to come all the way to Wales to see us! It was due to the people at Mysoft that we committed to the contract with them.
Burns Pet Food – Project Manager

As our business has grown so have the expectations of our customers and suppliers. Sage X3 has allowed us to meet the demands of our trading partners by providing us with a powerful, yet easy to use set of tools.
RH Amar – IT Director

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