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Agemark - UNITED STATES

Agemark boosts financial vitality with Sage Intacct

Sage software helps senior living organization scale effortlessly with 250% growth

Optimizing the tech you’ve got to support growth

In preparation for further expansion, Agemark decided to centralize all financial operations and reconfigure its implementation of Sage Intacct to take full advantage of the software’s multi-entity capabilities. By optimizing their use of the system, the finance team cut the monthly close in half, gained visibility into key metrics, and grew headcount just 20% as it expanded.

Sage Intacct’s automation has definitely helped with our expansion. If we didn’t have good systems and process consistency, we would never have been able to grow this fast.

Alicia Summers
Corporate Controller

Productivity gains free up finance team for value-added work

Agemark has dramatically streamlined its Sage Intacct general ledger and created a finance center of excellence with just 12 skilled accountants each managing the books for multiple properties. Its financial processes are now cookie cutter for all 25 properties, 50 entities, and almost 100 bank accounts, creating transformation and big time savings across the finance team.

By freeing our accountants to focus on more value-added work, we overcame frequent turnover and improved team retention.

Alicia Summers
Corporate Controller

The power of consistent, efficient multi-entity visibility

Most of all, Agemark benefits from Sage Intacct’s powerful reporting functionality that gives the ability to tag transactions with multiple dimensions, making it easy to compare and contrast financial and operational data. As a result, the finance team can rapidly produce hundreds of reports each month.

It’s awesome how Sage Intacct lets us consolidate entities by state, property size, time in operation, or any other groupings we need in order to compare apples with apples.

Alicia Summers,
Corporate Controller