(MENAFNEditorial) ATLANTA, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Sage (FTSE: SGE) today announced the launch of Democratization of Budgeting and Planning for Smaller Businesses
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's become known as 'Spreadsheet Hell' – synonymous with spreadsheet formula errors, hard-to-use templates, inaccurate or delayed analysis, and endless versions of massive spreadsheets that crash computers.
That's where Sage Intacct Budgeting and Planning comes in – meeting at the intersection of powerful and easy-to-use functionality for growing businesses. It enables organizations to collaborate on the latest version of the plan or budget in a single secure application. This eliminates inefficiencies and security risks, as multiple versions of spreadsheets are no longer shared via email in the review and approval process.
Sage Intacct Budgeting and Planning features bidirectional data synchronization with Benefits of Sage Intacct Budgeting and Planning
Sage Intacct Budgeting and Planning improves organizational alignment, reduces wasted resources, and improves security. It is built specifically for budgeting and planning in small to midsize businesses and enables companies to:
Improve Organizational Alignment, Eliminate Risk: Collaboration tools ensure transparency and accountability within finance teams, but also for other key stakeholders. All users work from one set of numbers to ensure the business avoids cross-functional confusion caused by multiple 'final' versions and eliminates the need to share sensitive information via email.
Automate the Plan Process: Reduce the time spent on plan management by up to 50%, as well as streamline monthly and quarterly reporting processes. With an estimated 300-percent annual payback from time saved in administering plans, the solution easily pays for itself.
Increase Security: Comprehensive security features provide control over use of data, as well as which users can view, edit, or modify information.
Easy to Deploy and Use: Unlike many solutions that take weeks or months to deploy, Sage Intacct customers can be up and running in just days. The solution is easy to use and includes spreadsheet-style formulas, a drag and drop user interface, and a library of best practices and sample reports ready to go 'out of the box'. For more information on the features and functionality, including a video overview of Sage Intacct Budgeting and Planning, please visit Availability
Sage Intacct Budgeting and Planning is currently in limited release and is expected to be generally available in Q4 2018.
About Sage
Sage (FTSE: SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they're a start-up, scale-up, or enterprise. We do this through Sage, Sage Intacct, and the Sage logo are trademarks or registered trademarks of Sage Group plc and/or its affiliates. Other product names mentioned herein are trademarks of their respective owners.
Press Contact:
Peter Olson
Sage
408-878-0951
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