Sage Intacct Features That Are a Hit for Sports & Entertainment
The professional sports and entertainment industries are perhaps the most dynamic and challenging when it comes to corporate accounting and finance. Seasonal demands, special events, changing rosters, fluctuating ticket sales, concert tours, promotions, and a host of other factors and influences all contribute to putting unparalleled pressure on accounting departments.
Sage Intacct is one of the few enterprise-level accounting software solutions designed specifically to serve the unique needs of the sports and entertainment world. Highly flexible and scalable with functionality for countless areas of finance, cloud-based Sage Intacct features open application programming interfaces (APIs) that enable sports franchise and artist management teams to quickly and easily custom-tailor their accounting software to meet their specific needs by integrating other best-in-class applications.
Make faster, more informed decisions with real-time financial tracking and reporting
Sage Intacct is the perfect accounting solution for the lightning-fast sports and entertainment fields, enabling you to track financial data, operational metrics, and performance indicators in real-time.
Sage Intacct’s Dimensions feature radically improves the relatively inflexible charts of accounts system commonly used in traditional accounting software. Now accounting teams can tag daily transactions with customizable Dimensions that can be labeled for customers, vendors, events, locations, departments, and entities. Data can be sliced and diced to create reports for any number of purposes, such as reviewing revenue and expenses by sponsorship category, promotional campaign, tour leg, and event, to name a few.
Data and reports can be easily shared across the organization or across the globe with secure, reliable access available to executives, managers, agents, accounting and legal firms. Individuals with approved access can drill down to find data and run analytics on their own, using customizable dashboards, instead of tying up your accounting staff with inquiries.
The world just got smaller with Sage Intacct’s multi-entity management and global consolidations
Digital communications and high speed transportation have opened up the world to international sporting events, worldwide tours, and global franchises and licensing opportunities – your accounting software needs to keep up. Sage Intacct’s multi-entity management streamlines financial processes by making it easier to set up relationships between entities and automatically record intercompany transactions, domestically and internationally. Everything can then be accessed by accounting staff from anywhere, on any device, with security permission and a single sign-on.
With all this data now available, it’s good to know that Sage Intacct also provides easy-to-create consolidated reports and enables appropriate parties to share master records such as chart of accounts and customers and vendors. It’s even easy to generate simplified global consolidated reporting with Sage Intacct’s multi-currency capabilities.
Integrate your solutions
As a Premier Sage Intacct Partner, Cargas is uniquely positioned to help sports franchises and entertainment entities take advantage of fast, flexible cloud-based accounting with Sage Intacct. We helped the Lancaster Barnstormers of the Atlantic League of Professional Baseball and we can help you.
Contact us to learn more about how Sage Intacct can benefit your sports or entertainment organization–and how we can help streamline your financial management and provide improved data access for faster, better decision-making.