Sage Intacct offers a role-based dashboard that provides a comprehensive overview of accounts payable status, including budget vs. actual expenses, pending bills, and vendor aging. The system sends automated approval emails to managers, thereby eliminating the need for manual tracking.
The system allows for recurring transactions, which eliminates the need to manually enter the same bills every month. In the pay bills center, Kelly can filter bills by date or vendor, and the system displays available cash, making it easy to determine what can be paid immediately.
Sage Intacct has helped optimize the accounts payable process, leveraging card float time and points programs, and enabling the company to take advantage of vendor discounts. It allows closing accounts payable independently of the overall close thanks to subledgers, facilitating more specific accounts payable management, like reclassifications, allocations, and journal entries.
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