Article
Upgrade from Sage 50 to Sage Intacct Construction: When it's time for your business to make the switch
Oct. 28, 2024
Many small and mid-sized businesses rely on Sage 50 to meet their accounting and financial management needs. But what is Sage 50? As one of the most reliable desktop accounting solutions, it’s easy to see why it has a loyal base of customers. For many businesses, Sage 50 is the first and only financial management solution they’ll ever need. However, as your business grows and evolves, you might start to push the limits of Sage 50. This article will explore why a Sage upgrade to Sage Intacct Construction could be the right move for your growing business.
What is Sage 50?
Sage 50 is a desktop accounting software designed for small to mid-sized businesses. It provides robust accounting features, including invoicing, inventory management and financial reporting. Sage 50 has been a popular choice for businesses due to its affordability and reliability. However, as businesses scale, the limitations of Sage 50 become more apparent, leading many to consider more advanced solutions like Sage Intacct Construction.
Signs you've outgrown Sage 50: Is it time to upgrade to Sage Intacct Construction?
As a member of the Sage family, your success is at the heart of everything we do. We want to ensure you have the right solution at every stage of your business. For many Sage 50 customers, the solution has been to graduate to the cloud with Sage Intacct. Built as a native cloud solution from day one, Sage Intacct has empowered thousands of Sage 50 customers to work anywhere, anytime; close the books up to 80% faster; get visibility into key metrics in seconds; and consolidate all of their entities in minutes. But how can you tell if you have outgrown Sage 50?
Key indicators you've outgrown Sage 50 and need to upgrade to Sage Intacct Construction
1. Heavy reliance on excel for reporting
- Tipping point: You’re producing more than 40% of your financial reports in Excel.
- Problem: