Sage announces new insights, automation for Intacct

Accounting ERP provider Sage announced the latest version of its Sage Intacct solution for finance, which now features AI agents for finance intelligence and data imports, as well as a variety of new options for insights and intelligence, plus new capacities in AP automation and customer payment services. 

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The new Finance Intelligence Agent lets finance teams ask natural language questions and receive actionable answers that combine data, analysis and recommendations, drawing on not only Sage’s own store of knowledge but also data from Sage’s existing Close, AP, Time and Assurance agents. The AI-powered Import Agent uses natural language and flexible mapping so finance teams can split, join and reuse fields, preview changes in real time and roll them back. 

Sage also introduced several new AI-based options for intelligence and insights. Users can analyze close performance through interactive charts, historical trends and bottleneck detection in order to track days-to-close across entities and periods, identify recurring handoff issues, and improve close consistency and control. They can also access a single-screen view of the short-term cash position, expected requirements and forecasted changes to identify potential shortfalls, prioritize payments, and make more informed cash decisions. 

The new version also has line-level matching that uses AI to match invoice lines directly to purchase order lines and flag discrepancies earlier in the process. Sage also announced a new Customer Payment Services feature, powered by Fortis, which introduces a way for customers to make electronic payments with instant settlement and automated reconciliation. The latest version also has Sage Intacct Data Cloud, which provides governed, direct access to Intacct data in Snowflake with zero extract, transform and load and no data duplication. Finance and analytics teams can query live financial data using Structured Query Language or business intelligence tools such as Power BI and Tableau, enabling advanced analytics and AI use cases. 

“Finance teams want not only faster processes, but also clarity they can trust,” said Dan Miller, executive vice president of financials and ERP with Sage. “With new capabilities in Sage Intacct, we are helping teams remove manual steps, save time and make confident decisions based on real-time insight.”

The news comes just weeks after the company announced AI enhancements for reporting, AP and sales (see previous story) on Sage X3. It included expanded AP automation, which includes AI-driven document capture, classification and vendor matching; Sage Business Reporting, which uses AI-assisted insights to help teams build flexible reports; new connected supply chain capabilities that provide real-time visibility from purchase order creation to delivery; a Sales Intelligence Agent that proactively alerts teams to risks such as overdue orders, delayed shipments or declining customer demand; and new AI-assisted capabilities that help partners and customers tailor Sage X3.