{"id":984,"date":"2020-08-10T10:10:08","date_gmt":"2020-08-10T09:10:08","guid":{"rendered":"http:\/\/www.intelligentcio.com\/apac\/?p=984"},"modified":"2021-03-11T08:55:33","modified_gmt":"2021-03-11T08:55:33","slug":"sage-intacct-helps-dfp-recruitment-eliminate-manual-processes-and-gain-real-time-visibility","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/apac\/2020\/08\/10\/sage-intacct-helps-dfp-recruitment-eliminate-manual-processes-and-gain-real-time-visibility\/","title":{"rendered":"Sage Intacct helps DFP Recruitment eliminate manual processes and gain real-time visibility"},"content":{"rendered":"\n

Utilising Sage Intacct has resulted in DFP Recruitment, one of Australia\u2019s leading recruitment companies, saving one day per week by eliminating manual processes around invoices, gaining real-time visibility of financial data, and benefiting from quicker and easier financial reporting.<\/em><\/strong><\/p>\n\n\n\n

Held back by time-consuming manual processes and limited financial visibility, DFP recruitment was facing several challenges with its legacy software, said its CFO, Cheryl Richardson.<\/p>\n\n\n\n

\u201cOur accounting software was out of date and was no longer being supported by the software vendor. It was very old-school, lacking key features that modern software provides,\u201d she said.<\/p>\n\n\n\n

\u201cIt did not have an API integration, which required a manual workaround. It also couldn\u2019t provide us with adequate visibility of our costs. We had to print every supplier invoice and sign them by hand.<\/p>\n\n\n\n

\u201cIt was very difficult for us to manage and access invoices. We had to store them in a concertina file and whenever I needed to see a cost in the general ledger, I would have to find the payment and the scanned copies.<\/p>\n\n\n\n

\u201cAnother challenge we had was that our business had recently been acquired, which meant we suddenly had to deal with multiple entities within our business. Our accounting software didn\u2019t have the functionality required to consolidate these entities.\u201d<\/p>\n\n\n\n

Upgrading to a flexible, cloud accounting solution<\/strong><\/p>\n\n\n\n

Facing these challenges, DFP Recruitment began browsing the market for a more capable accounting solution.<\/p>\n\n\n\n

It chose Sage Intacct \u2013 a highly intuitive, cloud financial management solution that delivers deep accounting capabilities for scale-up and enterprise businesses, across all industries.<\/p>\n\n\n\n

Sage Intacct helps businesses gain real-time financial insights, automate complex processes, and its open API allows users to easily share data and connect multiple solutions, including Salesforce.<\/p>\n\n\n\n

Saving significant time and gaining real-time visibility<\/strong><\/p>\n\n\n\n

\u201cThe time savings we\u2019ve achieved with Sage Intacct are fantastic,\u201d said Cheryl. \u201cSage Intacct has helped us cut down the time we spend on accounts payable processes by one day per week.<\/p>\n\n\n\n

\u201cThanks to Sage Intacct\u2019s API and its integration with Salesforce, we no longer have to print out invoices and manually upload them. This really helped us during the COVID-19 crisis. Our accounts payable person was happy to reduce her hours because Sage Intacct made her work so much easier and efficient.<\/p>\n\n\n\n

\u201cSage Intacct provides us with real-time visibility of our costs. You can access outstanding invoices with a few clicks, which makes it much quicker and easier for our accounts receivable person to chase clients for payment.<\/p>\n\n\n\n

\u201cRunning reports in Sage Intacct is far quicker and easier than with our previous solution, which forced you to wait a long time for reports to be generated.<\/p>\n\n\n\n

\u201cYou can generate real-time reports almost immediately with Sage Intacct. For instance, it takes only 10 seconds to generate a report with 12 months\u2019 worth of data.<\/p>\n\n\n\n

\u201cIt\u2019s also far easier to run general ledger enquiries. It\u2019s as simple as running a report, clicking on a number and accessing a document. This is something we lacked with our previous solution, so it\u2019s been very helpful for us.<\/p>\n\n\n\n

\u201cSage Intacct also gives us the functionality to consolidate and eliminate multiple entities across our business, which our old accounting software wasn\u2019t able to do.<\/p>\n\n\n\n

\u201cWe\u2019ve only been using Sage Intacct for seven months, so there\u2019s still a lot of functionality we haven\u2019t leveraged yet, like being able to approve invoices within the system. I\u2019m very excited about what we can do in the accounts payable space.<\/p>\n\n\n\n

\u201cIt also helps that Sage Intacct is a very easy to use and intuitive solution. We were able to get up and running by learning on the go.<\/p>\n\n\n\n

\u201cThe support we\u2019ve received from Sage has been great. We have been supported by a local Australian team, who are always very responsive to our queries, often doing so late at night.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Utilising Sage Intacct has resulted in DFP Recruitment, one of Australia\u2019s leading recruitment companies, saving one day per week by eliminating manual processes around invoices, gaining real-time visibility of financial data, and benefiting from quicker and easier financial reporting. Held back by time-consuming manual processes and limited financial visibility, DFP recruitment was facing several challenges […]<\/p>\n","protected":false},"author":18,"featured_media":985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,35,55,40],"tags":[76,708,706,709,710,705,707],"class_list":["post-984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis-case-studies","category-more-news","category-oceania","category-software","tag-australia","tag-cheryl-richardson","tag-dfp-recruitment","tag-intacct","tag-recruitment","tag-sage","tag-sage-intacct"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/comments?post=984"}],"version-history":[{"count":3,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/984\/revisions"}],"predecessor-version":[{"id":988,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/984\/revisions\/988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/media\/985"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/media?parent=984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/categories?post=984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/tags?post=984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}