{"id":10196,"date":"2019-11-11T15:21:00","date_gmt":"2019-11-11T20:21:00","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=10196"},"modified":"2025-04-03T16:38:30","modified_gmt":"2025-04-03T20:38:30","slug":"sage-intacct-budgeting-and-planning-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/sage-intacct-budgeting-and-planning-what-you-need-to-know\/","title":{"rendered":"Sage Intacct budgeting and planning: what you need to know"},"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\/money-matters\/\" class=\"entry-header__link\">Money Matters<\/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\tSage Intacct budgeting and planning: what you need to know\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<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=\"2019-11-11T15:21:00-05:00\">November 11, 2019<\/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=\"Sage Intacct budgeting and planning: what you need to know\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/sage-intacct-budgeting-and-planning-what-you-need-to-know\/\"\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<\/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\/sandi-main\/\">\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\/sandi_main_photo.jpg\" class=\"entry-author__image\" alt=\"Sandi Main\" \/>\t\t\t\t<span class=\"entry-author__name\">Sandi Main<\/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<p>For any company, speed, ease of use, accuracy, alignment, and collaboration during financial planning and forecasting is critical to continued growth. Approximately 90% of businesses with between 50-200 employees use tools such as Microsoft Excel for planning purposes, and many companies eventually find themselves in what\u2019s become known as \u201cSpreadsheet Hell\u201d \u2013 synonymous with spreadsheet formula errors, hard-to-use templates, inaccurate or delayed analysis, and endless versions of massive spreadsheets that crash computers.<\/p>\n\n\n\n<p>That\u2019s where <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/product-capabilities\/extended-capabilities\/financial-planning-budgeting\/\n?_ga=2.159922045.1596253420.1573512621-122942406.1565099309\">Sage Intacct Budgeting and Planning<\/a> comes in. Leading organizations are quickly adopting this solution in order to collaborate on the latest version of their plan or budget, all with the convenience of a single secure application.<\/p>\n\n\n\n<p>But don\u2019t just take our word for it! Sage Intacct customer, Natalie Bonczek, Controller at <a href=\"https:\/\/www.reddoor.biz\/\" target=\"_blank\" rel=\"nofollow noopener\">Red Door Interactive<\/a>, says, <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAs a service company, our biggest expenses are people. I used to model our direct wage and overhead in elaborate Excel spreadsheets. I get the same result with Sage Intacct budgeting and planning, but it\u2019s so much easier. I don\u2019t have to update multiple spreadsheets and copy and paste data between them. I just change a couple of settings, and I\u2019m done! And now personnel changes that took a few minutes each before can be done in seconds. One of our goals with Sage Intacct Budgeting and Planning was to have a more dynamic budget process. At a recent exec meeting our VP of Operations was able to run a number of different scenarios\u2014all with minimal training. Making on-the-fly adjustments, the execs were able to see the impact of the changes immediately to support their decisions.\u201d<\/p>\n<cite>Natalie Bonczek, Controller,  Red Door Interactive<\/cite><\/blockquote>\n\n\n\n<p>Marcus Wagner, the Chief Executive Officer of <a href=\"https:\/\/www.linkedin.com\/in\/accttwo\" target=\"_blank\" rel=\"noreferrer noopener\">AcctTwo<\/a>, a Sage Intacct partner, reported similar high satisfaction after his organization adopted Sage Intacct Budgeting and Planning.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cPlanning is a critical component of successful organizations, yet small and medium-sized companies have been hard-pressed to find budgeting and planning software that support continued growth \u2013 leaving them stuck using Excel and email, which are very manual and prone to errors. An application like Sage Intacct Budgeting and Planning can streamline the process and free up valuable time to focus on the business. It provides added financial control while enabling growing companies to implement a planning process that offers agility by rapidly responding to markets and competitors. Having used Sage Intacct Budgeting and Planning ourselves, we think this new solution changes the game for growing companies. In addition, we see a significant market opportunity for this solution as a Sage Intacct Partner, starting with our current Sage Intacct customers, to deliver a more effective, team-based budgeting and planning system that identifies growth opportunities and the means to achieve them.\u201d<\/p>\n<cite>Marcus Wagner, Chief Executive Officer, <a href=\"https:\/\/www.linkedin.com\/in\/accttwo\">AcctTwo<\/a><\/cite><\/blockquote>\n\n\n\n<p>Additionally, Sage Intacct Budgeting and Planning was recently a winner in the <a href=\"https:\/\/www.cloud-awards.com\/software-as-a-service-awards\/\">2019 SaaS Awards<\/a> in the Best SaaS Product for Management Accounting and Budgeting category. Recognizing excellence and innovation in SaaS, the Software-as-a-Service Awards program accepts entries worldwide and is partnered with the annual Cloud Awards, now entering its ninth year.<\/p>\n\n\n\n<p>Sage Intacct Budgeting and Planning was recognized in the SaaS Awards for providing both powerful and easy-to-use functionality for growing businesses while eliminating inefficiencies and security risks, as multiple versions of spreadsheets are no longer shared via email in the review and approval process.<\/p>\n\n\n\n<p>Sage Intacct Budgeting and Planning features bidirectional data synchronization with&nbsp;Sage Intacct&nbsp;and uses the same structures, including the chart of accounts and all&nbsp;dimensions, to seamlessly manage actuals, budgets, and plans. This delivers the flexibility and control needed to better manage the complete budgeting and planning process using one integrated solution and increases the quality of budget&nbsp;reporting and analysis&nbsp;available in Sage Intacct. Sage Intacct Budgeting and Planning also offers full FP&amp;A functionality out of the box with easy and fast deployment.<\/p>\n\n\n\n<p>To learn more about <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/product-capabilities\/extended-capabilities\/financial-planning-budgeting\/\n\">Sage Intacct Budgeting and Planning<\/a> and why this solution is receiving such widespread recognition, check out our latest <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/resources\/Datasheets\/sage-intacct-planning\/\">data sheet<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-about-the-author\">About the author<\/h2>\n\n\n\n<p><strong>Sandi Main <\/strong>started her career as an Accountant and Business Analyst, working for Alza Corporation, later acquired by Johnson &amp; Johnson, and Deloitte Consulting. Now she\u2019s come full circle, applying her Product Marketing experience to <a href=\"https:\/\/www.sage.com\/en-us\/accounting-software\/\">accounting<\/a> and <a href=\"https:\/\/www.sage.com\/en-us\/accounting-software\/financial-management\/\">financial management solutions<\/a> at Sage Intacct as Director, Product Marketing.<\/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 button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"Working from home with tea in hand\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>For any company, speed, ease of use, accuracy, alignment, and collaboration during financial planning and forecasting is critical to continued growth. Approximately 90% of businesses with between 50-200 employees use tools such as Microsoft Excel for planning purposes, and many companies eventually find themselves in what\u2019s become known as \u201cSpreadsheet Hell\u201d \u2013 synonymous with spreadsheet [&hellip;]<\/p>\n","protected":false},"author":1460,"featured_media":9295,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"footnotes":""},"categories":[43],"tags":[420,168],"business_type":[41],"lilypad":[],"context":[418,429],"industry":[57,55,450],"persona":[150,100,98,97],"imagine_tag":[209,435,444,233],"coauthors":[858],"class_list":["post-10196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters","tag-cloud-financial-management","tag-sage-accounting","business_type-growing-business","industry-financial-services","industry-professional-services","industry-software-saas"],"sage_meta":{"region":"en-us","author_name":"Sandi Main","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1252669785.jpg","imagine_tags":{"209":"Accounting","435":"Intacct Accountants","444":"Intacct Medium Business","233":"Medium Businesses"}},"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\/10196","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\/1460"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=10196"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/10196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/9295"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=10196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=10196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=10196"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=10196"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=10196"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=10196"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=10196"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=10196"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=10196"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=10196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}