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Sage South Africa Newsroom

Sage brings award-winning Sage Intacct to South Africa

Supporting visionary CFOs with a new cloud financial management platform.

JOHANNESBURG, SOUTH AFRICA, 21 August 2020 – Sagehome, the market leader in cloud business management solutions, today launched its financial management solution Sage Intacct in South Africa. The award-winning cloud software empowers businesses to improve performance and make finance teams more productive.

Sage Intacct provides finance professionals with:

  • A platform designed for and by CFOs and Finance Professionals: Sage Intacct is a powerful cloud financial management platform, designed for finance professionals, providing deep multi-dimensional accounting, automation for efficient financial operations and sophisticated visibility for real-time decision making.
  • Best of breed integration: Sage Intacct’s technology uses open APIs, making it easy to connect with third-party cloud applications, including Salesforce, and providing a highly extensible and scalable platform.
  • Lower cost of ownership: Sage Intacct is a highly modular solution where customers pay for what they need, get more efficient and cost-effective implementations, world-class security backups and disaster recovery – delivering a lower total cost of ownership.

Following the acquisition of Intacct by Sage in 2017, Sage announced it would make Sage Intacct available to customers in new markets as part of Sage Business Cloud, with local statutory and legislative requirements available as standard.

Earning its reputation as a leading accounting and financial management software, for the past four years, Sage Intacct has achieved the highest product score for Core Financials for the Lower Midsize Enterprises use case in the Gartner report, ‘Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises’.

Sage Intacct has also been named a Leader in the new IDC MarketScape: Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Software Vendor Assessment. Gartner published their 2020 Magic Quadrant for Cloud Core Financial Management Suites and Sage Intacct was again positioned in the Visionaries Quadrant.

Sage Intacct available in South Africa

Fifteen business partners have signed up and are ready to help Sage customers in South Africa unlock the power and value of this financial management platform with sales and implementation experitse. Sage Intacct also offers customers increased functionality through the Sage Intacct marketplace.

Commenting on the local availability of Sage Intacct, Pieter Bensch, Executive Vice-President at Sage Africa & Middle East, says: “Sage Intacct automates complex processes and delivers rich financial and operational insights to help companies grow. We have invested in bringing Sage Intacct to South Africa because we believe this solution will set a new standard for South African finance leaders on their journey to drive digital transformation, all in the cloud.”

South Africa marks the fourth region Sage Intacct has been available to customers out side of the USA in less than 12 months.

CFO 3.0 - digital transformation beyond financial management

New research by Sage highlights how the role of a South African CFO has changed from managing compliance and accounting activities to providing strategic leadership and driving digital transformation as many CFOs assume responsibility for choosing business technology.

The CFO 3.0: Digital transformation beyond financial management research gauges the impact of digital transformation on South African enterprises, showing how the role of the CFO is evolving from ‘historian’ to ‘visionary’ with the CFO or financial director playing a more significant role in leading the digitalisation of businesses. Today’s South African CFO is becoming into a real-time analyst and is part of a C-Suite force driving the digital transformation agenda in the organisation.

“In our survey of senior financial decision-makers in South Africa, almost all are actively involved in digital transformation in their businesses. A multifaceted role is emerging for CFOs; one that combines skills like accounting, analytics, business management, and strategic thinking. A cloud-based system like Sage Intacct supports this transition, putting the right digital tools at finance leaders’ fingertips to drive greater agility and better current and forward-looking visibility for improved decision making,” says Aaron Harris, Chief Technology Officer at Sage.

 

About Sage

Sage is the global market leader for technology that provides small and medium businesses with the visibility, flexibility and efficiency to manage finances, operations and people. With our partners, Sage is trusted by millions of customers worldwide to deliver the best cloud technology and support. Our years of experience mean that our colleagues and partners understand how to serve our customers and communities through the good, and more challenging times. We are here to help, with practical advice, solutions, expertise and insight.

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