Switching from Sage 300 CRE to Sage Intacct Construction
The top two reasons to transition to cloud accounting
Frequently asked questions (FAQ)
Before purchasing new accounting software, you want to feel confident in your investment. Here’s a list of commonly asked questions.
- No obsolescence! Your cloud platform is constantly up to date and using the latest technology.
- The majority of your IT expenses are converted from capital to operational, adding valuation to your business
- A full-time IT staff without the cost of a single employee
- IT staff that is never on vacation, never gets sick and doesn’t require benefits
- Reduced IT cost for software maintenance, upgrades, fixes and patches
- Secure data centers with leading providers
- Automatic backups of your data
At Baker Tilly, our Sage Intacct specialists will cover everything you need to get your team set up for success with your new financial system. With our proven methodology and repeatable process, you can be up and running between three and six months.
Sage Intacct is recognized as for financial leadership. It is the only preferred provider of the American Institute of Certified Public Accountants (AICPA), the world’s largest membership association for CPAs which sets the standard for the accounting profession. We are the only vendor to have earned this endorsement.
Construction companies are increasingly choosing cloud solutions, which are quite mature and offer superior features to on-premises solutions. In addition, cloud solutions offer an enhanced user experience, intuitive reporting and analytics, streamlined integration and access from anywhere on any device with just an Internet connection.
Sage has invested heavily in Sage Intacct as part of its “Sage Business Cloud” initiative. Their acquisition of Intacct in August 2017 was a central part of their strategy for growing business.
For Sage 300 Construction and Real Estate (CRE), enhancements to future releases will be limited to minor feature improvements, bug fixes, compatibility with the latest Microsoft platform, Pervasive SQL software and integrations with third-party alliance solutions.
There are no plans to re-architect Sage 300 CRE as a true cloud product.
When you compare Sage 300 CRE vs. Sage Intacct Construction, you'll see that Sage Intacct has many of the same features as Sage 300 CRE along with additional capabilities like
- Deep financial and operational insight with unlimited data dimensions
- Real-time reporting, dashboards and key performance indicators (KPIs)
- Automated multi-entity management to support intercompany transactions, continuously consolidated financial and operational reports, centralized payables and receivables
- Advanced features including deferred revenue management, project accounting, multicurrency and global consolidations.
- Pre-configured integrations with other best-in-class applications such as Salesforce, AvidXchange, HR Solutions, Expense Report and countless others with hundreds of Sage Intacct Marketplace alliances through modern application programming interfaces (APIs).
- Web-based access from any device
- Over-reliance upon Excel spreadsheets for reporting and analytics
- Too much paper shuffling
- Too many emails
- Inefficiencies in accounting department
Sage Intacct is ideal for many companies and certainly worth the exploration. This doesn’t mean that you have to migrate immediately, but it’s always strategic to understand your options, especially if one of more of the following is true of your organization
- Rapid growth: Happening now or anticipated in the next 12-18 months
- Multi-entity/location: Managing a complex organizational structure requiring consolidations, eliminations, inter-entity transactions, allocations, etc.
- Integration: Using one or more cloud solutions for lines of business that need to integrate to core finance
- Release management: Falling behind on enhancement releases and updates.
- Infrastructure: Struggling to manage servers, operating systems, security patches and protocols to protect against malicious hacker threats, backups and recovery, etc.
Our clients have consistently seen significant benefits in three areas
- Improved project reporting and visibility
- Real-time reporting and dashboards
- Automated business processes
- Streamlined integration
- Business intelligence/artificial intelligence (AI)
The benefits of online financial software can transform your business. Sage Intacct offers a lower cost of ownership than legacy on-premises solutions. Sage Intacct delivers world-class security backups and disaster recovery, protecting your financial data at a much higher level and at a lower cost than if you did it yourself.
Sage Intacct also delivers automatic quarterly software updates — no business disruption, no costly hardware upgrades and no additional service costs for your organization. You’ll always be on the latest release of the software.
We understand that moving to a news solution is a lot of work. Baker Tilly is uniquely positioned to provide a smooth migration from Sage 300 CRE to Sage Intacct.
Baker Tilly has converted many Sage 300 CRE clients to Sage Intacct through our proven customer success plan which includes implementation, data migration and training resulting in a successful project.
Baker Tilly has done many 300 CRE data migrations to Sage Intacct for our customers. Historical data migration usually consists of two years of data.
Some Sage 300 CRE alliance solutions such as hh2, Procore and TimberScan are also compatible with Sage Intacct through the APIs.
Because Sage Intacct is purpose-built for the construction industry, it’s possible that “out-of-the-box” capabilities may negate the dependency of particular add-ons like MyAssistant and Office Connector.
Yes! Sage and Baker Tilly want to make sure you have the best solution and technology platform to operate your construction business effectively and profitably. There are customer loyalty incentives that reward your existing relationship with us.
Sage product comparison chart
Feature | Sage 300 Construction and Real Estate | Sage Intacct Construction |
Platform |
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Licensing |
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Payroll | Payroll application offered as standard module |
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Third-party applications | Limited alliance integrations | 200+ Sage Intacct Marketplace Partners |
Reporting options |
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Job cost reporting | Library of existing reports and queries available | Interactive dashboards, standard reports, with powerful customization |
Financial reporting |
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Subcontractor compliance | Feature set to record subcontractor agreements, subcontractor change orders, manage lien waivers, certificates of insurance and retention |
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Retention tracking | Standard | Standard with increased workflow flexibility |
AIA billing | Standard | AIA billing templates |
Why Sage Intacct Construction?
A modern cloud financial solution
- Native-cloud accounting on a true cloud technology platform
- Best-in-class platform with open APIs to integrate with other industry leading solutions
- Realize savings with lower IT and administrative costs when you move to the cloud
- Modern, state-of-the-art cloud solution
- Thoughtfully designed and highly customizable
- Real-time visibility through interactive dashboards
- Provide all stakeholders a single source of the truth.
- Software that is very intuitive and easy to Use
Recognized for finance leadership by professionals
- Rock-solid financial core
- Intacct is the only preferred provider of the AICPA, the world’s largest membership association for CPAs which sets the standard for the accounting profession. We are the only vendor to have earned this endorsement
Advantages over Sage 300 Construction and Real estate
- Deep industry functionality to reduce workarounds and save you time
- Improved workflows over the way you do things in Sage 300 CRE today
- Improved efficiency with automated AP/AR processes providing 20%-40% efficiency gains
- Built in business intelligence with predictive analytics
- Reducing average month end close by 25%-50%
- Enabled the finance team to increase time spent on analysis and business strategy from 25%-75%
- Continuous consolidation of multiple locations and entities
- In addition to existing Sage 300 CRE alliances there are 10 times the amount of integration alliances than we have with Sage 300 CRE today
- In addition to Sage Intacct Payroll, you can easily connect to outsourced payroll providers
- Multicurrency
- Integrations with industry leading customer relationship management (CRM) platforms
- Options to choose outsourced providers for human resources (HR)
- No more relying on imports, exports or sync buttons
- MyAssistant, Office Connector and Create-A-Check are all great products, but are not required with Sage Intacct as this functionality is native in the software
- No more going to lunch while waiting for reports to process.
- Automatically create retention invoices
Make the switch to Sage Intacct and get total control of your project financial management
When you make the switch to Sage Intacct, you can expect to cut your close time in half each month. Finance teams typically see a productivity boost of 40 percent or more. And with Baker Tilly support, you’ll always have a trusted advisor by your side making sure your software is helping you stay proactive and maximize your profitability. Contact us for a one-on-one personalized demo today.
Baker Tilly acquires Sockeye, a top Sage Intacct partner recognized for its deep industry expertise and technology-enabled finance, accounting and project management solutions.