Ready, set, grow: future-proof your business with cloud-based financials
Technological change is accelerating at a frenetic pace—and with dramatic impact. It’s reshaping customer expectations, employee requirements and attitudes, and disrupting business practices, models and entire industries. While no one will ever be able to predict what’s next with complete certainty, businesses that can adapt in response to or even in anticipation of changing conditions […]

The Cloud Is the On Ramp to Innovation and Growth
SMBs’ appetite for cloud or software-as-a-service (SaaS) solutions has been rising steadily over the years—and for good reason. Cloud providers own and manage infrastructure and applications and supply implementation, ongoing management and service, a steady stream of application updates, and security levels that most SMBs would be hard-pressed to match on their own. The cloud model also offers flexibility, ease of use, speedier deployment, and financial and budgeting benefits over traditional on-premises alternatives. Twenty-plus years after the first cloud-based business applications launched, the model is no longer novel. However, leading cloud providers are now extending the cloud value proposition with new capabilities to make it even more compelling. Because modern cloud solutions are built on open, flexible platforms, providers can embed new technologies—such as artificial intelligence and machine learning, blockchain, natural language processing, internet of things (IoT), and more—into their solutions much more easily than would be possible with older, more brittle software. Instead of having to learn about, evaluate, select, purchase, and integrate new technologies on your own, you can access many of these new capabilities directly within the cloud business solutions you already use.Accounting and Financials: Poised for a Cloud Surge
Adoption of cloud accounting and financials has been slower than in other solution areas, but is poised to surge.

Modernize Today, Get on Solid Footing for Tomorrow
Change is hard. But what is the cost to your business if you can’t adapt? If your current financials system is a drag on the business today, it may bring it to a halt tomorrow. In fact, one-third of SMBs are planning to replace their current accounting and financial management solutions. The top drivers include requirements for additional functionality, a more innovative solution, improved reporting and analytics, better integration with other solutions, and the desire to move to a cloud-based solution.
- Dataxu, an advertising and analytics platform serving 700 brands in 11 countries, faced a number of issues. It was taking them up to 120 days to collect on customer receivables and 20 days to close the books. They had no visibility into campaign-level profitability. Deploying Sage Intacct’s cloud-based financials solution helped them to speed up collections with automated, usage-billing, resulting in a $40 million increase in operating cash. The company was also able to reduce the month-end close to 8 days, and gain P&L visibility by campaign and country.
- Halstatt, a family-owned investment firm, was spending too much time—over 100 hours per quarter—on consolidated financial reporting. It was unable to readily gauge investment performance and spending too much time and money processing 400+ vendor payments per month. Using Sage Intacct, the company can now create a consolidated financial report in minutes and quickly evaluate investment performance through automated consolidation. It has also lowered the cost for check processing from $36 to $3.96 per check.
- Hopi Tribe Economic Development Corp. is the economic development arm for the Hopi Tribe in Northern Arizona. With multiple hospitality businesses serving travelers along Old Route 66, the organization was losing cash from diesel fuel and restaurant sales, had no visibility into entity-level profitability, and had limited understanding of consolidated performance. Since implementing Sage Intacct, it has gained the insights it needed to increase gross margin by 20%, generate more than $500K in additional cash flow, and recognize a $5M increase in real estate asset value.