Core Insights - Sage has introduced innovative AI-driven tools and automation features for Sage Intacct, aimed at helping finance teams save time, gain trusted insights faster, and focus on growth by simplifying compliance and enhancing decision-making [1][2] Group 1: AI and Automation Enhancements - The generative AI-assistant Sage Copilot has been rapidly developed with customer feedback, offering features like Search Help, Variance Analysis, and Close Assistant to streamline workflows and improve month-end close efficiency [2][3] - Sage's report indicates that 86% of finance leaders have incorporated AI into their operations, yet only 49% utilize specialized AI solutions for finance, highlighting a gap in adoption [3] - The latest enhancements, including AP Automation with Purchasing, aim to reduce manual effort and improve accuracy, with organizations processing over 24 million invoices valued at over $10 billion, saving 3 million hours [4][5] Group 2: Customer Impact and Feedback - Customers report that the automation and AI-driven insights have halved processing times and significantly reduced manual errors, enhancing the accuracy and reliability of financial data [3][4] - The focus on saving time allows finance teams to concentrate on strategic goals and make confident, data-driven decisions that propel business growth [5][6] Group 3: Specific Features and Availability - Sage Copilot Variance Analysis provides real-time insights into budget variances, allowing budget owners to identify spending issues without waiting for month-end [8] - The Close Assistant feature offers real-time visibility into month-end close progress, simplifying navigation and keeping teams aligned [8] - Revenue Management enhancements automate complex revenue recognition processes, supporting over 600 billing scenarios and integrating with third-party billing solutions [8]
Less Manual Work, More Financial Control – Sage Intacct Further Advances AI for Finance Teams