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Billing Solutions

The Intelligent, Automated, and Faster way to Manage Revenue Complexities.

Sage Intacct

Sage Intacct Billing Solutions

Sage Intacct Billing Solutions enable businesses to optimize their billing processes, reduce manual effort & improve billing accuracy.

Sage Intacct offers billing solutions that help businesses streamline their billing processes, automate invoicing, and manage revenue recognition. These solutions are designed to enhance billing accuracy, improve cash flow management, and provide insights into revenue streams.

What What Does Sage Intacct Billing Solutions Offer:

Contract & Subscription Billing

Streamline workflows across the AP cycle with exceptional speed and efficiency.

Sage Intacct’s Contract and Subscription Billing module is designed to help businesses efficiently manage complex billing scenarios related to contracts, subscriptions, and recurring services. This module is particularly useful for companies that offer products or services with varying billing terms, subscription plans, and revenue recognition requirements.

Sage Intacct Contract & Subscription Billing Can:

Reduce Costs

associated with manual billing

Improve Accuracy

with flexible pricing models

Streamline Billing

with automatic subscriptions

Manage Billing

at a contract level

A Deeper Look at Sage Intacct Billing Solutions Functionality:

  • 1. Contract Management

    The module allows you to create and manage contracts with specific terms and billing arrangements. These contracts can include various types of billing methods, such as fixed fee, milestone-based, time and materials, or usage-based.

  • 2. Subscription Billing

    For businesses offering subscription services, the module supports automated subscription billing. You can define different subscription plans, set billing frequencies, and automate the creation of invoices for subscribers.

  • 3. Automated Billing Schedules

    Sage Intacct enables you to set up automated billing schedules that align with your contracts or subscription plans. This ensures that invoices are generated and sent to customers according to the agreed-upon terms.

  • 4. Flexible Pricing and Discounts

    You can configure the module to handle complex pricing structures and discounts based on the terms of your contracts. This flexibility accommodates varying pricing tiers, promotional pricing, and customized discounts.

  • 5. Revenue Recognition Alignment

    The Contract and Subscription Billing module often integrates with Sage Intacct’s Revenue Recognition functionality. This integration ensures that billing events trigger appropriate revenue recognition based on accounting standards.

  • 6. Proration and Mid-Term Changes

    Sage Intacct allows for prorated billing when subscription plans change mid-term. If customers upgrade or downgrade their subscriptions or contracts, the module can calculate and apply prorated charges or credits.

  • 7. Multi-Currency Support

    For international businesses, the module offers multi-currency billing capabilities. It enables accurate billing and invoicing in various currencies, accommodating customers’ global needs.

  • 8. Billing Analytics and Reporting

    You can use Sage Intacct’s reporting and analytics features to monitor the performance of your contracts and subscriptions. Track metrics such as recurring revenue, customer churn, renewal rates, and more.

  • 9. Integration with General Ledger

    Billing transactions recorded in the Contract and Subscription Billing module are integrated with Sage Intacct’s General Ledger. This ensures accurate financial reporting and consistency in your financial records.

  • 10. Audit and Compliance

    The module helps maintain compliance by providing an audit trail of contract changes, billing events, and revenue recognition. This transparency is valuable for internal and external audits.

Key Features of Sage Intacct Billing Solutions:

Streamline contract and subscription billing lifecycles

Subscription billing, contract billing, and recurring billing services just got easier – thanks to Sage Intacct. Whether you need greater automation in subscription-payment processing and billing, automated revenue recognition, or a seamless data flow between Salesforce and your financials, Sage Intacct subscription billing software adapts to your needs for easier and smarter payment management.

Automate a variety of pricing and billing models

Sage Intacct contract and subscription billing eliminates labour-intensive manual calculations with built-in tiered pricing and usage-based billing. Save time and drive revenue with models that match the sophistication of your business. From billing across regular periods to non-linear billing such as milestones, Sage Intacct lets you adapt pricing and billing – all with constant visibility with complete reporting.

Integrate billing with automated revenue recognition

Regardless of your billing model, Sage Intacct billing software can meet all of your compliance needs for revenue recognition. When you tie billing and revenue recognition together through the contract, you can automatically recognise revenue as performance obligations are met.

Open ecosystem for greater connectivity and impact

As a best-in-class system, Sage Intacct provides a simple, flexible connection service to dozens of related solutions, such as Salesforce, and Nexonia. We make it easy to connect your Sage Intacct cloud financials with Salesforce, integrate with other solutions, configure Sage Intacct to your exact requirements, and even build your own applications on the Sage Intacct platform. As a Salesforce Partner, we integrate our cloud financials with the industry’s leading cloud CRM.

Project Costing and Billing

Bid smarter and bill faster with less revenue leakage.

Sage Intacct’s Project Costing and Billing module is designed to help businesses manage project-based financials, track project costs, and automate billing processes for services provided to clients. This module is particularly useful for companies that engage in projects with specific budgets, varying resource allocations, and the need to accurately bill clients based on project activities.

Project Costing A

Sage Intacct Project Costing & Billing enables you to:

  • Improve Profit Margins

    with rich data and insights

  • Lower Costs

    through streamlined project billing processes

  • Provide a Better Service

    to your clients

Sage Intacct Project Costing & Billing Functionality Includes:

  • 1. Project Setup and Tracking

    The module allows you to create and set up projects with specific budgets, timelines, and resource allocations. You can track the progress of projects, monitor actual costs, and compare them against the project budgets.

  • 2. Time and Expense Tracking

    Project team members can record their time and expenses directly within Sage Intacct. This data is linked to specific projects, allowing for accurate tracking of resource utilization and costs.

  • 3. Budget Management

    Sage Intacct’s Project Costing and Billing module helps you manage project budgets effectively. You can set up budget forecasts, compare actual costs against budgets, and identify areas where costs may be exceeding expectations.

  • 4. Resource Allocation

    The module enables you to allocate resources to specific projects based on roles, skills, and availability. This helps ensure that projects are staffed appropriately and that resource utilization is optimized.

  • 5. Billing Methods

    Sage Intacct supports various billing methods for project-based services. These can include time and materials billing, milestone-based billing, fixed fee billing, and more. You can align billing methods with the terms of your contracts or agreements.

  • 6. Automated Billing

    Once project activities are tracked and costs are incurred, the module can automate the billing process. It generates invoices based on predefined billing rules and milestones, helping you bill clients accurately and promptly.

  • 7. Revenue Recognition Alignment

    Sage Intacct’s Project Costing and Billing module often integrates with the system’s Revenue Recognition functionality. This integration ensures that revenue is recognized in compliance with accounting standards based on project progress and milestones.

  • 8. Billing Analytics and Reporting

    You can use Sage Intacct’s reporting and analytics features to monitor project financials, track billing performance, analyze profitability, and gain insights into project cost structures.

  • 9. Integration with General Ledger

    Billing transactions recorded in the Project Costing and Billing module are integrated with Sage Intacct’s General Ledger. This integration ensures that financial data is accurate, consistent, and reflected in your financial statements.

  • 10. Multi-Currency Support

    For international projects, the module offers multi-currency support, allowing you to bill clients in their preferred currency and manage foreign exchange considerations.

Easily and Quickly handle Project Costing and Billing Complexities

Project-based companies in engineering, consulting, and other professional services face a more diverse mix of clients and projects—and that leads to increasing complexities. You want to bid smarter based on historical profitability. Meanwhile, clients want different billing terms and invoice formats/data. That’s where Sage Intacct shines, with a comprehensive project-billing solution to streamline and simplify this critical process.

Project Costing B

Cost Projects More Accurately

Your professional services firm needs a project costing and financial management platform to match the way you work. Whether you just need to track expenses by projects, identify unbilled research and development costs, or run billable services projects for clients, Sage Intacct project costing and billing software have answers you need. We show you the true financial impact of past projects, so you can make smarter project bids. By tying into your CRM system, Sage Intacct shows you what’s in the pipeline, so you line up the right people and materials and turn bids into projects without manual data re-entry.

Project Costing C

Faster Invoicing and Billing for Improved Cash Flow

With Sage Intacct project costing and billing software, you can combine different billing terms on a single project or multiple projects and deliver a consolidated invoice. You can base invoices on time and materials, fixed fees and milestones, or percentage completion. Apply any custom invoice templates based on a specific project for each customer and configure invoices to individual client formatting specifications. With Sage Intacct, you save money and time while improving cash flow.

Project Costing D

Reduce Revenue leakage

Sage Intacct project costing and billing software cuts revenue leakage through an integrated process spanning sales, finance, and operations. Personalised dashboards give you real-time visibility into budget versus actuals, billed versus unbilled expenses, and billable hours versus unbillable hours. You can even track change orders and not-to-exceed amount triggers so you can carefully manage the project and adjust plans as needed.

Project Costing E

Automated revenue recognition

You need flexible billing terms to win and keep clients, but that can also make it difficult to comply with rules and controls and meet stringent compliance requirements. Sage Intacct uses the same data for automated billing and revenue recognition. However, automated billing schedule is separate from automated revenue-recognition schedule, so you can do what’s right for your customers – and stay compliant.

Project Costing F

Revenue Recognition

Automate complex revenue accounting, configure expense amortization and more.

Sage Intacct’s Revenue Recognition module is designed to help businesses comply with accounting standards and regulations related to recognizing revenue accurately. This module is particularly important for companies that engage in complex revenue recognition scenarios, such as those with subscription models, contracts, and projects that span multiple periods.

Project Costing A 1

Sage Intacct Revenue Recognition enables you to:

Automate Revenue and Expense Reallocation

Act on Dual Treatment and Reporting

Configure Expense Amortisation

Gain Deep and Broad Revenue Insights

How Sage Intacct Revenue Recognition Works:

  • 1. Compliance with Accounting Standards

    Sage Intacct’s Revenue Recognition module helps businesses adhere to the required accounting standards. These standards outline rules for recognizing revenue from contracts with customers.

  • 2. Automated Revenue Recognition

    The module automates the process of recognizing revenue based on the terms of contracts, projects, and transactions. It takes into account factors such as contract start and end dates, performance obligations, billing terms, and more.

  • 3. Multi-Period and Multi-Element Recognition

    Sage Intacct can handle complex revenue recognition scenarios involving multiple periods and multiple elements within a contract. This is especially relevant for businesses with subscription-based services, project-based revenue, or bundled products and services.

  • 4. Subscription and Contract Recognition

    For subscription-based businesses, Sage Intacct’s Revenue Recognition module can automate the recognition of revenue over the duration of a contract. It calculates and allocates revenue based on the schedule defined in the contract.

  • 5. Project Milestone Recognition

    For businesses engaged in projects, the module can recognize revenue based on project milestones and completion of performance obligations. This ensures that revenue is aligned with project progress.

  • 6. Automated Calculations

    The module performs automated calculations for revenue recognition, reducing the risk of manual errors and ensuring accuracy in financial reporting.

  • 7. Deferred Revenue Management

    Sage Intacct’s Revenue Recognition module also manages deferred revenue. It tracks and manages deferred revenue balances until they are recognized as revenue in accordance with the appropriate accounting rules.

  • 8. Reporting and Analytics

    You can use Sage Intacct’s reporting and analytics features to gain insights into recognized revenue, deferred revenue balances, trends, and the impact of different recognition methods on financial statements.

  • 9. Integration with Billing and Project Modules

    The Revenue Recognition module often integrates with other Sage Intacct modules, such as Billing and Project Costing. This ensures that revenue recognition aligns with the billing and project progress data.

  • 10. Audit Trail and Compliance

    Sage Intacct maintains an audit trail of revenue recognition events, providing transparency and traceability for compliance purposes and audits.

Automate Day-to-Day Revenue Recognition Tasks and Regulatory Compliance

Sage Intacct removes the complexity, time, and frustration associated with revenue recognition. We help you simplify revenue management by flexibly configuring expense amortisation to match or differ from your revenue recognition terms.

revreg 1

Automate Your Most Important Process - Turning Orders into Cash

Sage Intacct’s recurring-revenue management software lets you integrate with Salesforce for a seamless, bidirectional flow of order, customer, and contract data to save time and reduce manual errors. Streamline subscriptions and recurring-revenue recognition with real-time updates to accounting and billing for discounts, usage, renewals, upgrades, cancellations, and other changes.

revreg 2

Align Revenue Recognition with Expense Allocations

Templates and schedules in Sage Intacct mean you can automatically recognise revenue according to accounting standards. Sage Intacct lets you recognise revenue and amortises expenses, even as contracts change.

Deliver Relevant Insights to All Stakeholders

Customised dashboards and reports give you deep, actionable views into revenue value and profitability by contract, products, divisions, and more. Sage Intacct shows you every stage of the revenue lifecycle: order, fulfilment of performance obligations, revenue recognition, billing, and collection – so you’re ready with quick answers for customers and colleagues.

revreg 3

Out-of-the-Box Revenue Recognition Functionality

Enjoy out-of-the-box functionality that reduces the need for IT resources. You can handle revenue management requirements with configuration, not scripting. Structure your workflows to capture and edit contracts natively in Salesforce without additional integration software.

revreg 4

Untangle Billing & Revenue Complexities

When it comes to subscriptions, specialised contracts, and recurring billing services–and the added complexities of revenue recognition compliance–Sage Intacct is the cloud financials solution finance trusts. We provide the automated workflows, smart revenue recognition, and seamless data flows that streamline the revenue cycle across your organisation.