{"id":10069,"date":"2020-10-08T12:13:00","date_gmt":"2020-10-08T16:13:00","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=10069"},"modified":"2024-09-26T07:26:40","modified_gmt":"2024-09-26T11:26:40","slug":"the-future-of-accounting-intelligent-financial-management-applications","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/the-future-of-accounting-intelligent-financial-management-applications\/","title":{"rendered":"The future of accounting: intelligent financial management applications"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/technology-innovation\/\" class=\"entry-header__link\">Technology &amp; Innovation<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tThe future of accounting: intelligent financial management applications\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2020-10-08T12:13:00-04:00\">October 8, 2020<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"The future of accounting: intelligent financial management applications\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/the-future-of-accounting-intelligent-financial-management-applications\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/laurie-mccabe\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/08\/Laurie20McCabe.jpeg\" class=\"entry-author__image\" alt=\"Laurie McCabe\" \/>\t\t\t\t<span class=\"entry-author__name\">Laurie McCabe<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Future of Accounting: Intelligent Financial Management Applications<\/strong><\/h2>\n\n\n\n<p class=\"\">Most SMB decision-makers understand that technology is increasingly intertwined with business success: 82% agree that using technology effectively is key sustaining and growing their businesses. In fact, SMBs that have accelerated technology adoption and investments are 42% more likely to have increased their revenues since March than SMBs that decelerated tech investments\u2014and are also 36% more likely to forecast that their revenues will rise over the next six months than SMBs that have decelerated in this area.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/10\/1-Sep-16-2020-06-42-45-14-PM-1024x576.jpeg\" alt=\"\" class=\"wp-image-20815\"\/><\/figure>\n\n\n\n<p class=\"\">Among the many technological innovations that promise to help businesses improve performance, artificial intelligence (AI) and machine learning (ML) are arguably at the top of the list. These technologies take applications to the next level by making them smart\u2014enabling them to predict patterns, spot anomalies, make recommendations, and take actions\u2014and learn and improve how they do these things over time.<\/p>\n\n\n\n<p class=\"\">AI and ML have already become commonplace in many applications we use every day, for instance:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Amazon and Netflix use these technologies to surface recommendations to us based on aggregated customer data.<\/li>\n\n\n\n<li>Google Maps and Waze, use anonymized&nbsp;location data from our smartphones to analyze the speed of traffic, reduce travel time by suggesting the fastest routes to and from destinations.<\/li>\n\n\n\n<li>Credit card processors use AI and ML to help prevent fraudulent transactions, and minimize the number of legitimate transactions declined due to being falsely identified as fraudulent.<\/li>\n<\/ul>\n\n\n\n<p class=\"\">These technologies are already starting to provide businesses with the ability to more easily analyze and learn from the vast and ever-increasing amounts of data that we create\u2014but are still in their infancy. Futurist Kevin Kelly\u00a0predicts\u00a0that, will become the\u00a0<a href=\"https:\/\/www.ted.com\/talks\/kevin_kelly_how_ai_can_bring_on_a_second_industrial_revolution\" target=\"_blank\" rel=\"noreferrer noopener\">new infrastructure powering a second industrial revolution<\/a>.<\/p>\n\n\n\n<p class=\"\">Financial professionals need to understand and guide their companies to take advantage of these technologies to compete effectively in an increasingly data-driven economy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Impact of AI and ML on Accounting and Finance<\/strong><\/h2>\n\n\n\n<p class=\"\">Accounting and finance are at the core of every organization, and numbers are at the core of accounting. Accurate, comprehensive, and timely data provides companies with the insights required to make decisions that will result in the best outcomes\u2014while even one mistake can trigger significant problems for a business.<\/p>\n\n\n\n<p class=\"\">AI and ML can automate and take errors out of manual, repetitive, and time-consuming tasks\u2014providing accountants with better information and freeing them up focus on more strategic aspects of the business.<\/p>\n\n\n\n<p class=\"\">As vendors embed AI and ML into their accounting and financial systems, these technologies will automate many tasks, such categorizing expenses, flagging policy violations, spotting trends and anomalies, providing alerts, and making recommendations.<\/p>\n\n\n\n<p class=\"\">Financials solutions built on multi-tenant, cloud-based platforms, such as Sage Intacct, bring some inherent advantages to the table when it comes to helping SMBs optimize the value of AI and ML. The more data that these intelligent systems and algorithms have, the smarter they get.<\/p>\n\n\n\n<p class=\"\">Data flows into multi-tenant cloud platforms in real-time, ensuring that the information the system is working with is up-to-date and trustworthy. Furthermore, financials solutions built on multi-tenant cloud platforms can draw upon aggregated, anonymized data from thousands of customers to expand and improve AI and ML capabilities and insights for all customers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Examples of How AI and ML Improve Financial Management<\/strong><\/h2>\n\n\n\n<p class=\"\">AI and ML will profoundly change financial management by streamlining routine functions and putting more analytical power directly into the hands of financial professionals and other decision makers.<\/p>\n\n\n\n<p class=\"\">While possible use cases are limited only by our imaginations, many practical examples are already surfacing, such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Accounts payable and receivable:<\/strong> Embedding AI and ML into cloud-based accounting software can eliminate the grunt work involved with accounts payable and receivable. For instance, when AI and ML algorithms are integrated into the AP process, the application can read invoices, extract data, code the invoice to the right general ledger accounts, approve the process, and make the payment.<\/li>\n\n\n\n<li><strong>Expense management and auditing:<\/strong> Not too long ago, expense tracking and management was tedious for everyone involved. But with AI and ML, expense management applications can now read receipts, analyze and categorize expenses, and notify employees or managers if an expense doesn\u2019t conform to company policies. In turn, this ensures that the expense claims submitted to finance are more accurate.<\/li>\n\n\n\n<li><strong>Monthly and quarterly close:<\/strong> Getting the right information as quickly and accurately as possible helps you make better decisions. Cloud-based financial systems infused with AI and ML can easily crunch through and analyze larger quantities of internal and external data to help close the books faster.<\/li>\n\n\n\n<li><strong>Better decision-making every day:<\/strong> The same capabilities that speed up the closing process also enable real-time reporting and queries. Sage Intacct sees this as eventually enabling a \u201ccontinuous close\u201d through its cloud-based financials platform. Data is updated in real-time, giving decision makers round-the-clock access to trustworthy, current information and reports. With this information at their fingertips every day, managers can easily track trends and take actions as needed to improve outcomes\u2014instead of waiting for reports at the end of the month.<\/li>\n\n\n\n<li><strong>Recommendations:<\/strong> As financial systems get more intelligent, they\u2019ll be able to make action-based recommendations based on the data. For instance, they\u2019ll be able to do help businesses predict cash flow over a given time period, and recommend actions to take to correct potential negative cash flow.<\/li>\n<\/ul>\n\n\n\n<p class=\"\">By layering chatbots and natural language processing (NLP) interfaces on top of these applications, users will also gain a more intuitive, conversational way to query the data in their systems to get the answers they need.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Perspective<\/strong><\/h2>\n\n\n\n<p class=\"\">As the Economist put it in 2017, data is the new oil. Those that can use data to create business value and opportunity have a growing competitive advantage over those that can\u2019t.<\/p>\n\n\n\n<p class=\"\">This means that it\u2019s not a question of if, but when and how quickly businesses will put automation, AI and ML to work to eliminate routine accounting work, save money, and improve their problem-solving and decision-making capabilities. In fact, SMBs overwhelmingly agree that faster access to better data is critical to helping them to achieve their business goals.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/f.hubspotusercontent30.net\/hubfs\/5357183\/2-Sep-16-2020-06-42-45-03-PM.png\" alt=\"This Chart Shows faster access to better data &amp; achieving business goals\"\/><\/figure>\n\n\n\n<p class=\"\">Although some worry that AI and ML will put accountants out of business, we disagree. Instead, we see these technologies changing the role of financial professionals. These technologies will automate tasks, speed calculations and provide easier and faster access to richer information. But human beings will still need to analyze, interpret, and provide guidance regarding this information.<\/p>\n\n\n\n<p class=\"\">Financial professionals that lead the charge and help their businesses take advantage of AI and ML will be have time to focus on these more strategic aspects of the business and deliver more value to their organizations.<\/p>\n\n\n\n<p class=\"\">\u00a9SMB Group<\/p>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button 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class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/accountants\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tAccountants\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/artificial-intelligence\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tArtificial Intelligence\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/automation\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tAutomation\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/business-strategy\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tBusiness strategy\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/cash-flow\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tCash Flow\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/cloud-financial-management\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tCloud financial management\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/performance\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tPerformance and Culture\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/sage-accounting\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tSage accounting solutions\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/staying-competitive\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tStay competitive\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/technology\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tTechnology\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div 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2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">19 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-order-processing\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tOrder processing explained: Steps, systems and best practices\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tFind out about order processing systems, workflows, and improvement strategies to become an order processing expert and grow your bottom line.\t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this 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srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1414263386-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1414263386-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1414263386-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-02T05:54:37-04:00\">June 2, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">15 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tPeer-to-peer fundraising guide: Best practices for success\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-29487 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-boss-your-business tag-business-continuity tag-business-intelligence tag-cash-flow tag-sage-accounting tag-small-business tag-starting-a-business business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/accounts-payable-vs-notes-payable\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" 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datetime=\"2026-05-22T12:03:36-04:00\">May 22, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">8 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tNotes payable vs accounts payable: Differences and examples\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-29712 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations category-trends-insights tag-accounting-101 tag-boss-your-business tag-business-intelligence tag-business-strategy tag-cash-flow tag-productivity tag-small-business tag-starting-a-business business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/accounts-payable-outsourcing\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-549776535-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-549776535-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-549776535-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-549776535-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-05-22T10:58:35-04:00\">May 22, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">14 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tIs accounts payable outsourcing right for your business?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-36557 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-boss-your-business tag-business-strategy tag-cash-flow tag-cloud-financial-management tag-cloud-technology tag-growing-a-business tag-sage-accounting tag-small-business tag-starting-a-business tag-technology business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/cloud-vs-desktop-accounting\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-05-20T07:46:54-04:00\">May 20, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tCloud versus desktop accounting: Which is right for you?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Future of Accounting: Intelligent Financial Management Applications Most SMB decision-makers understand that technology is increasingly intertwined with business success: 82% agree that using technology effectively is key sustaining and growing their businesses. In fact, SMBs that have accelerated technology adoption and investments are 42% more likely to have increased their revenues since March than [&hellip;]<\/p>\n","protected":false},"author":1454,"featured_media":9248,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"footnotes":""},"categories":[158,46,43,48,49],"tags":[2,145,334,170,299,420,253,168,155,154],"business_type":[40,312,41],"lilypad":[],"context":[418,429],"industry":[50,57,450,204],"persona":[98,96,97],"imagine_tag":[209,436],"coauthors":[794],"class_list":["post-10069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accountants","category-growth-customers","category-money-matters","category-technology-innovation","category-trends-insights","tag-accountants","tag-artificial-intelligence","tag-automation","tag-business-strategy","tag-cash-flow","tag-cloud-financial-management","tag-performance","tag-sage-accounting","tag-staying-competitive","tag-technology","business_type-small-business","business_type-accountants","business_type-growing-business","industry-construction-and-real-estate","industry-financial-services","industry-software-saas","industry-technology"],"sage_meta":{"region":"en-us","author_name":"Laurie McCabe","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1318358062.jpg","imagine_tags":{"209":"Accounting","436":"Intacct Accounting"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/10069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/1454"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=10069"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/10069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/9248"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=10069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=10069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=10069"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=10069"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=10069"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=10069"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=10069"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=10069"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=10069"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=10069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}