Sage Intacct 2026 Release 3 introduces enhancements across AI and automation, reporting, Accounts Payable and Receivable, cash management, projects, construction and everyday financial processes.
For UK organisations, some of the standout developments include Smart Excel reporting, AI-driven anomaly detection within AP Automation, new multi-entity and multi-currency capabilities for Sage Professional Services Automation projects, new SEPA bank file formats and further Construction billing and retainage functionality.
AP Automation now uses AI-driven anomaly detection to identify potentially risky transactions before payment. Sage Intacct analyses vendor billing patterns and submission details to highlight unusual transaction amounts and unrecognised vendor email addresses.
The anomaly indicators appear within the Automated transactions list, allowing AP teams to prioritise transactions that may require further investigation. They are informational and do not prevent a transaction from being posted. If an invoice arrives from an email address Sage Intacct does not recognise for that vendor, the AP team can see the indicator and investigate before continuing with the transaction.
UK customers can also discover and use AI agents within Sage Intacct, while the Finance Intelligence Agent is being introduced through a phased Early Adopter programme.
These developments extend Sage’s use of AI within the platform, giving eligible users access to additional AI-assisted finance capabilities.
Smart Excel reporting gives eligible UK Early Adopter customers a new way to build reports directly in Microsoft Excel using Sage Intacct financial data.
The financial data stays linked to the Excel report, which means it can be refreshed with current Sage Intacct information when required. Sage Intacct security permissions also continue to apply to the linked data.
A finance team that prepares recurring management reports in Excel can build those reports using linked Sage Intacct financial information and refresh the underlying figures for the next reporting period, rather than starting again with a new static export.
R3 also introduces additional comparison periods for performance cards, new ICRW data-caching capabilities and the option to exclude blank pages from reports.
These are smaller enhancements, but they can help make recurring reporting easier to manage and present.
Accounts Receivable users can now post multiple invoices and adjustments at the same time. This is particularly useful for finance teams preparing a batch of approved invoices, removing the need to post each transaction separately.
Organisations can also customise the sender and reply-to email addresses used for Accounts Receivable invoices and statements, giving businesses more control over where customer responses are directed.
Sage Intacct can now automate prepaid expense amortisation through an Early Adopter feature available in all regions.
Users can apply amortisation details to bill and purchasing transaction lines. Sage Intacct then creates a straight-line amortisation schedule and automatically posts the required General Ledger entries according to that schedule.
Where a business pays for a 12-month service upfront, the cost can be recognised evenly over the relevant accounting periods rather than being tracked through a separate spreadsheet and recurring manual journal entries.
R3 also introduces streamlined customer refund processing through Accounts Payable, alongside further AP improvements.
New bank file formats support SEPA Version 9.0 for electronic payments to vendors and employees.
The formats are designed for accounts using euro (EUR) and map debtor and creditor addresses to the SEPA v09 hybrid format. This gives UK organisations operating EUR bank accounts and making SEPA payments an additional supported option within Sage Intacct.
General Ledger configuration has been streamlined, with easier access to journal entry approvals. Users can also access journal entry templates more quickly.
Finance teams using standard templates for recurring entries, such as monthly accruals, can get to the tools they need more directly as part of their regular accounting processes.
R3 adds the ability to reverse asset disposals and revert summarised depreciation postings. The Fixed Assets Roll Forward report also supports additional dimensions and fields.
These enhancements give finance teams more flexibility when reviewing and correcting asset activity, while also providing more options when analysing fixed asset information.
A new workflow allows users to preview invoices for billing groups before proceeding, while also supporting Revenue Management through draft invoice generation.
For billing teams managing grouped transactions, this creates an opportunity to review the proposed invoice before completing the billing process and check that the information is correct first.
For UK organisations using Sage Professional Services Automation (PSA), R3 introduces new multi-entity and multi-currency capabilities between Sage PSA and Sage Intacct.
Sage PSA projects can be synchronised with Sage Intacct entities and clients when projects are created. Project currencies can also remain synchronised between the two products, and Sage PSA Forecast now supports the wider Sage Intacct currency catalogue.
This is particularly useful for professional services organisations working across more than one entity or currency, helping keep project information aligned between Sage PSA and Sage Intacct.
Contracts also gain improvements designed to provide greater transparency for usage-based and quantity-based invoices.
Sage Intacct Construction introduces advanced retainage functionality that allows organisations to define and assign automated retainage withholding rules on primary documents.
The functionality supports simple and advanced retainage methods, including multi-tiered or stepped calculations. Users can also preview advanced retainage calculations before posting an invoice, and an audit log records the calculation details after posting.
A construction business working with a contract that requires different retainage rates at different stages can configure those rules within Sage Intacct rather than relying solely on manual tracking outside the system.
An Early Adopter enhancement to project contract billing provides greater flexibility for billing project expenses across periods and invoices.
R3 also includes an Early Adopter subcontractor payment application workflow and the ability to view the history of cost forecast details within Work in Progress management for eligible Construction customers.
Sage has updated global navigation to bring Sage products and tools together within the user experience.
R3 also introduces user-account email verification, console-level email domain validation, additional imports through the Sage Intacct import service and new permissions.
Purchasing receives expanded approval criteria for Custom Purchasing approvals through Early Adopter, custom sender and reply-to email addresses for Purchasing communications, and support for the new prepaid expense amortisation functionality.
AI-driven anomaly detection is also available for transactions processed through Purchasing as part of AP Automation.
Sage Intacct now allows organisations to use Supplies Inventory without requiring negative inventory sales transactions to be restricted.
The new Adjust and issue exception workflow is specifically designed to deal with timing gaps where supplies physically exist but their receipt has not yet been recorded in Sage Intacct. It is not intended to correct inventory discrepancies or create stock that does not physically exist.
If supplies have already arrived at a site and need to be issued before the receipt transaction has been entered, the new workflow can accommodate that timing difference while maintaining the appropriate system transactions.
Sage Intacct 2026 R3 combines larger developments such as Smart Excel reporting and AI-driven anomaly detection with practical improvements to AP, AR, Fixed Assets, General Ledger, Construction and billing.
For UK organisations, the release also includes specific developments such as Smart Excel reporting for Early Adopters, Sage PSA multi-entity and multi-currency project support, new SEPA bank file formats and a range of Construction enhancements.
The result is a release focused on helping finance teams access information more easily, automate appropriate processes and maintain stronger visibility across financial and operational activity.
Mysoft can help you understand which Sage Intacct 2026 Release 3 enhancements are available and relevant to your existing Sage Intacct environment.
Whether you are exploring Smart Excel reporting, AP Automation, prepaid expense amortisation, Sage PSA integration, Construction functionality or improvements to your existing financial processes, our team can help you understand the functionality and how it fits with your current Sage Intacct setup.
Sage Intacct 2026 Release 2 introduces a broad range of enhancements designed to help finance teams improve efficiency, strengthen controls, and reduce manual administration across everyday processes. The release continues Sage’s focus on automation, usability, AI-driven innovation, and operational visibility, while also delivering practical improvements for purchasing, reporting, fixed assets, inventory, and accounts payable workflows.
For UK organisations, many of these changes will be particularly valuable for businesses managing multi-entity operations, growing transaction volumes, increasingly complex approval requirements, or tighter compliance expectations. Rather than introducing dramatic process changes, this release builds on existing capabilities to help teams work more efficiently with the tools they already use every day.
One of the most significant updates in this release is the enhancement to AP Automation through intelligent 3-way matching. Sage Intacct can now compare purchase orders, goods received records, and supplier invoices at line level rather than simply matching document totals.
For finance teams processing high invoice volumes, this reduces the amount of manual checking required while improving accuracy and exception handling. A manufacturing business receiving partial deliveries from suppliers can now identify quantity or pricing discrepancies automatically before invoices are approved, helping the AP team focus only on transactions that genuinely need review.
Additional AP Automation improvements also make invoice processing more flexible and user-friendly, including easier bill uploads and improved transaction review screens.
The release also introduces more detailed multi-currency payment posting visibility. Finance teams can now clearly distinguish between invoice currency and payment currency, making reconciliation easier for organisations managing overseas suppliers or foreign currency bank accounts.
Sage Intacct 2026 R2 introduces Early Adopter functionality for custom purchasing approvals, giving organisations more control over how purchasing transactions are routed for approval.
Approval workflows can now be configured using combinations of supplier attributes, transaction values, payment priority, or other business rules. This allows businesses to create more realistic approval structures that reflect operational requirements rather than relying on overly simplistic thresholds.
A growing services organisation may require routine operational purchases under £5,000 to route directly to departmental managers, while supplier payments linked to capital expenditure or priority vendors are escalated automatically to finance leadership. The result is stronger governance without introducing unnecessary bottlenecks.
The structured approval history also improves audit visibility, particularly for organisations operating within regulated sectors or formal procurement frameworks.
Finance leaders gain clearer oversight of approval decisions and purchasing accountability without increasing administrative complexity for operational teams.
The latest release includes several useful updates within Fixed Assets Management designed to simplify month-end processing and improve financial control.
Finance teams can now summarise depreciation postings where assets share the same accounting attributes, reducing the number of journals generated and simplifying reconciliation processes. Organisations with large asset registers, such as property groups, educational institutions, or construction businesses, can significantly reduce ledger volume and reporting complexity.
Another valuable addition is the ability to split a single asset into multiple assets while retaining depreciation history. A business purchasing integrated equipment that later needs to be tracked separately for insurance, disposal, or maintenance purposes can now manage this directly within Sage Intacct rather than relying on manual adjustments.
Additional updates include depreciation reversal capabilities, improved handling of partial disposals, and more flexible construction-in-progress capitalisation controls.
Together, these enhancements help finance teams reduce manual corrections while improving audit readiness and reporting accuracy.
Several operational enhancements in this release focus on improving inventory visibility, tracking, and control.
Businesses can now centralise inventory item attachments directly within item records. This allows teams to store specification sheets, installation guides, supplier documentation, or compliance certificates alongside the relevant inventory item.
For organisations managing large product catalogues or technical inventory, this removes the need to search across shared drives or external systems. A field service business dispatching engineers with specialist parts can now ensure product instructions and compliance documents are consistently accessible from within Sage Intacct itself.
The release also improves warehouse transfer tracking with enhanced in-transit inventory controls. Businesses operating across multiple warehouse locations can now track inventory movements more securely and accurately throughout the transfer process, helping reduce stock discrepancies and improve operational visibility.
This is particularly valuable for organisations managing distributed warehouse operations or high-value inventory items.
Sage Intacct 2026 R2 introduces several useful updates to billing groups and customer communications that help simplify recurring billing processes.
Users can now manage individual charges more flexibly within billing groups, while invoice runs across multiple billing groups can be viewed in a single consolidated list. Semi-monthly and end-of-month billing schedules are also now supported.
For subscription businesses, service organisations, or companies with complex customer charging models, these updates provide greater flexibility without increasing administrative effort.
Another practical improvement is the introduction of controlled sender and reply-to email addresses for Order Entry communications. Rather than relying on free-text email entry, organisations can define approved sender addresses centrally.
This helps maintain brand consistency and reduces the risk of incorrect or unauthorised customer communications, particularly in organisations where multiple teams generate customer-facing documents.
This release introduces the Sage Intacct AI Gateway, providing secure connectivity between Sage Intacct and external AI tools through REST API and MCP Server technology.
While many organisations are still evaluating practical AI use cases, the new gateway lays the foundation for future integrations involving AI-driven reporting, data analysis, workflow automation, and financial insights.
Alongside AI developments, Sage Intacct has introduced several administration improvements designed to strengthen governance and simplify system management.
The new Roles Permissions Report provides administrators with a clearer view of user access and permissions across the platform, helping support compliance reviews and audit preparation. Enhanced external user management, email domain validation, and attachment security controls further strengthen platform governance.
These changes will be particularly valuable for growing organisations managing larger user bases or operating within stricter compliance environments.
Sage Intacct 2026 Release 2 also includes several updates focused on reporting visibility and operational insight.
Project and Grant financial summaries now provide improved currency visibility and conversion handling, making reporting easier for organisations operating internationally or managing multi-currency projects.
New reporting objects and expanded reporting areas also improve flexibility for finance teams building custom reports and dashboards.
Updates to the user interface continue Sage’s gradual refinement of navigation and screen layouts to improve usability across the platform.
Training resources and product guidance have also been expanded, helping users adopt new functionality more quickly and confidently.
For many organisations, these smaller usability improvements often have the greatest long-term impact by reducing friction in everyday processes and improving overall user experience.
Every Sage Intacct release includes new opportunities to improve processes, strengthen controls, and increase efficiency — but identifying which features will deliver the most value can be challenging.
Mysoft can support your organisation with:
Our team works closely with UK organisations to ensure new Sage Intacct functionality aligns with operational goals, finance processes, and long-term system strategy.
On 12th March at Vivat Bacchus, London Bridge, we brought together finance leaders, Sage colleagues, and live customers for an exclusive afternoon of insight, conversation, and connection at The Intacct Table. Designed as a peer-led experience, the event focused on a simple but powerful question: how can finance teams unlock even more value from Sage Intacct after go-live?
The afternoon began with a relaxed champagne reception, allowing attendees to connect in an informal setting and talk about the businesses and their experience within them.
Jamie Watts, Managing Director at Mysoft, opened the session by reinforcing that projects don’t end at implementation — they’re built on ongoing partnership, continuous improvement, and long-term value.
Sunil Kapur and Martin Brown from Sage shared the latest Sage Intacct developments, focusing on practical innovation that makes a real difference to finance teams.
The session included a demonstration of the Interactive Custom Report Writer, highlighting how organisations can build more flexible reports and gain clearer insights from their data.
Want to see it in action? Join our upcoming webinar for a deeper dive into the Interactive Custom Report Writer and how to get more from your reporting [Register here]
A highlight of the afternoon was our fireside chat with Meg Miller from Ambassadeurs Group, who shared an honest view of their Sage Intacct journey. Meg explained that the decision to move to Intacct was driven by trust, both in Sage as a platform and Mysoft as a partner, alongside strong alignment with their existing systems and competitive pricing.
Reflecting on implementation, the project was delivered on time with effective training and strong system knowledge from the team. Like many early adopters, there were some early challenges around clarity and scope, reinforcing the importance of clear communication and structure.
Her key advice: ensure you have a dedicated internal team and allow time to fully understand new concepts, even when the system feels familiar. Since go-live, Intacct has delivered usability improvements, reporting flexibility, and integration, while continuing to evolve over time.
The afternoon closed with a guided wine tasting, where a wine expert led attendees through a comprehensive South African selection, including red, white, and dessert wines. The tasting was complemented by cheese boards, fresh bread, olives, and snacks, and flowed naturally into a productive networking session, creating space for open conversation between peers, Sage experts, and the Mysoft team.
It was an opportunity to share experiences, explore challenges, and continue the discussions sparked throughout the day.
The Intacct Table was more than just an event; it was a collaborative space for sharing ideas, experiences, and practical insight.
The key takeaway? Go-live isn’t the end of the journey — it’s where the real value begins.
Sage Intacct 2026 Release 1 introduces a range of enhancements across AI-driven insights, close management, accounts payable automation, fixed assets, purchasing workflows, and platform integrations.
For UK organisations, this release strengthens financial visibility and automation while continuing Sage’s investment in intelligent, scalable cloud financial management. The focus is clear: reduce manual effort, improve accuracy, and help finance teams move faster with confidence.
Sage continues expanding Copilot capabilities with Finance Intelligence, allowing users to ask natural-language questions about their financial data and receive instant responses. Instead of manually building reports, finance teams can simply ask questions such as, “What were our top five expense categories last quarter compared to budget?” and receive immediate, summarised insights. For a UK multi-entity organisation preparing board reports, this significantly reduces the time spent navigating dashboards and exporting data, enabling faster, more insight-led decision-making.
Close Analytics provides visibility into the period-end close process, highlighting bottlenecks and tracking performance.
For example, a professional services firm that regularly experiences delays in accrual approvals can now identify exactly where the close is slowing down. This visibility allows finance leaders to refine workflows and consistently shorten the close cycle.
Data imports now benefit from AI-assisted mapping, transformation suggestions, and validation previews before posting.
A UK charity migrating historical donor data can use these tools to reduce mapping errors and ensure cleaner data before upload — minimising rework and improving reporting accuracy from day one.
AP Automation now supports predictive line-level matching between supplier invoices and purchase orders.
For a distribution company processing hundreds of invoices each week, the system can automatically identify quantity or pricing discrepancies — reducing manual checks and accelerating approvals.
The updated Pay Bills functionality introduces improved filtering, sorting, and performance for high-volume environments.
A manufacturing organisation making weekly supplier payments can now batch and process transactions more efficiently, reducing errors and saving valuable time during payment runs.
Purchasing workflows now allow approval at the individual line level rather than for an entire requisition.
A construction firm ordering materials for multiple projects can approve urgent items immediately while routing other lines for further review — preventing delays without compromising financial control.
Sage Intacct now provides email notifications when recurring AP or AR transactions fail to generate as expected. For example, if a monthly accrual or recurring customer invoice does not post due to an error or missing configuration, finance teams are alerted immediately — helping prevent missed entries and ensuring reporting accuracy without manual checks.
Enhanced CIP functionality improves how organisations track project costs before capitalisation.
A property developer managing a new commercial build can accumulate costs throughout the project lifecycle and seamlessly capitalise the asset once complete, ensuring accurate financial treatment and audit readiness.
Adjustments made in Accounts Payable can now automatically update related asset values and recalculate unposted depreciation.
If a supplier issues a cost correction for heavy equipment, the asset record updates automatically, maintaining an accurate net book value without the need for manual recalculation.
A new roll-forward report provides clear visibility of opening balances, additions, disposals, depreciation, and closing balances.
For UK organisations preparing statutory accounts or audit documentation, this improves transparency and reduces the time required to evidence asset movements.
In addition, Sage Intacct now provides enhanced visibility into cash requirements across multiple currencies, helping UK organisations with overseas subsidiaries plan liquidity more effectively. Finance teams can review projected obligations in GBP alongside EUR or USD exposures within a single view, supporting more accurate short-term forecasting and treasury planning.
Customer billing groups allow organisations to apply consistent billing structures across related customers. For example, a facilities management provider billing multiple locations for a single corporate client can streamline invoicing while maintaining consistency and reducing duplication.
New customer health indicators help organisations monitor account status and risk. A SaaS business can flag customers showing reduced purchasing activity or payment delays, enabling earlier intervention and supporting retention efforts.
Bank interest and charges now include document numbers, improving traceability during reconciliation. A finance team reviewing month-end bank activity can quickly link interest postings back to source documentation, reducing investigation time and strengthening audit clarity.
Data Cloud expands secure access to Sage Intacct data for advanced analytics and reporting.
Organisations integrating with external BI tools can build richer dashboards without complex manual data extraction, supporting more strategic reporting.
Ongoing REST API development continues to strengthen integration performance and scalability.
For businesses integrating Sage Intacct with CRM, payroll, or expense management platforms, improved endpoints and reliability reduce technical overhead, supporting long-term growth.
In addition, Release 1 includes various user interface refinements and label updates across modules, improving consistency and usability. While subtle, these improvements help reduce confusion and make navigation more intuitive for everyday users.
Why This Release Matters for the UK Organisations
AI-driven insights reduce reliance on manual reporting and enable quicker financial analysis.
Enhancements across AP, fixed assets, and purchasing reduce errors and improve audit readiness.
Workflow automation supports high-volume environments and multi-entity organisations.
Continued investment in data infrastructure and APIs ensures Sage Intacct remains scalable, secure, and integration-ready.
2025 was a standout year for Sage Intacct innovation. With more than 250 new features released across the platform, customers gained smarter tools to streamline workflows, strengthen controls, and gain deeper financial insight.
While some updates made headlines, others quietly delivered powerful improvements that can make a real difference in day-to-day operations. Many of these enhancements were directly inspired by customer feedback, turning real-world challenges into practical solutions.
Here are 10 hidden gems from 2025 that deserve a closer look.
Invoice approvals are faster and more accurate when the right people are involved from the start. With vendor-based approvals, you can now assign specific approvers to individual vendors, ensuring every bill is routed correctly the first time.
This reduces bottlenecks, eliminates unnecessary rework, and keeps Accounts Payable moving smoothly — especially for high-volume or specialized vendors.
Stronger controls start with consistency. The Disallow Direct Posts option allows you to prevent manual entries in selected General Ledger journals, requiring all postings to flow through the appropriate subledgers.
This helps maintain data integrity, reduces errors, and supports audit-ready financials by ensuring transactions follow approved processes.
Approvals shouldn’t stall when someone is out of the office. Sage Intacct now allows you to assign substitutes or groups for Purchasing approvals, keeping purchase orders moving without sacrificing control or compliance.
Built-in audit tracking ensures full transparency, so you can delegate with confidence while maintaining clear accountability.
External credits can complicate AR reporting — unless you can see them clearly. This enhancement lets you display external credits directly on AR statements, aligning balances with your ledger and aging reports.
The result? Faster closes, clearer customer communication, and fewer reconciliation surprises.
Advance payments no longer need to be a guessing game. With unique payment IDs, you can quickly identify, reference, and reconcile prepayments in Accounts Receivable.
This makes it easier to track customer advances accurately, saving time and reducing errors during reconciliation.
Bank reconciliations get a major upgrade with expanded bank transaction data. You can now create more precise matching, creation, and assignment rules using a wider range of fields.
This speeds up reconciliation, improves accuracy, and ensures every transaction finds its correct match.
Better visibility leads to better decisions. Sage Intacct now lets you view draft and pending journal entries directly in GL reports, giving you a clearer picture of what’s coming.
By spotting issues earlier, finance teams can improve accuracy, reduce surprises, and make more informed decisions with confidence.
Not every variance needs a delay. With configurable purchase order match tolerances, you can define acceptable quantity or price differences between POs, receipts, and invoices.
This reduces unnecessary approval holds, speeds up processing, and keeps purchasing workflows efficient without sacrificing control.
Eligible tax term discounts are now automatically applied at payment time, eliminating manual calculations while ensuring you capture every available saving.
This enhancement improves accuracy, reduces effort, and helps maintain compliance — all while working quietly in the background.
No two businesses view tax data the same way. With enhanced reporting tools, you can now design custom tax reports that surface the details that matter most to your organization.
This helps streamline tax processes, reduce errors, and provide clearer insights for audits and compliance.
These hidden gems from 2025 highlight how Sage Intacct continues to evolve based on real customer needs — delivering improvements that save time, strengthen controls, and make finance teams more effective.
If you’d like help enabling any of these features or understanding how they apply to your environment, Mysoft is here to help unlock your potential.
Donors today demand more than good intentions—they expect clear, timely evidence that their support makes a real difference. For charities, this makes financial transparency not just a compliance box to tick, but a powerful tool to build trust, deepen relationships, and stand out in a competitive fundraising environment.
At Mysoft, we help non-profits elevate transparency through powerful reporting using solutions like Sage Intacct. Here’s how better data builds better donor confidence.
Trust is everything. Donors are more likely to give—and keep giving—when they trust your organisation manages funds responsibly. In contrast, even the perception of mismanagement can drive support away.
Regulatory expectations are rising. Frameworks like the Charity Commission’s CC8 and SORP place transparency and accountability front and centre.
You’re not the only good cause out there. In today’s crowded charity sector, clearly reported impact and efficient use of resources give you a competitive edge.
With tools like Sage Intacct, stakeholders can see income and expenditure in real time—by project, donor, or funding category. This speeds up decision-making and strengthens donor updates.
With tools like Sage Intacct, stakeholders can see income and expenditure in real time—by project, donor, or funding category. This speeds up decision-making and strengthens donor updates.
Make financial data securely accessible to your teams and trustees anytime, anywhere. Cloud platforms ensure up-to-date reporting without manual processes.
Intacct streamlines audit prep, annual returns, and grant reporting. Everything’s in one place, reducing admin and boosting accuracy.
Donors don’t just want to know what you’re doing—they want to see why it matters. That means going beyond compliance to deliver real clarity, honest insight, and tangible impact. With the right systems and mindset, transparency becomes more than a reporting requirement—it becomes a reason for donors to stay invested.
At Mysoft, we help charities bring their data to life with Sage Intacct. From real-time dashboards to impact-driven reports, we make sure your organisation isn’t just telling a story—it’s telling the right one.
2025 Release 4 delivers feature updates across Sage Intacct’s financial management platform, including enhancements to Close Workspace, Copilot, tax, fixed assets, projects, inventory, reporting, and API integrations.
For UK organisations, these updates support greater accuracy, efficiency, and control while ensuring access to the same modern tools being rolled out across the wider Sage Intacct ecosystem.
Productivity Enhancements
Close Workspace provides a centralised environment for managing and tracking the close process. Sage emphasises improved visibility, role-based task assignments, and streamlined collaboration — supporting a faster, more controlled period-end close. For example, a UK software business that previously tracked month-end tasks across spreadsheets can now manage the entire close process within Close Workspace, reducing their close time from a week to just a few days and eliminating the need to chase team members for updates.
New AI-supported functionality includes the ability to draft emails automatically and refine searches within the help centre. This allows users to produce period-end close and variance-related communications more quickly and improves the relevance of search results. In practice, a finance manager preparing variance explanations can now have Copilot draft multiple budget-holder emails instantly, transforming a previously manual and time-consuming task into a quicker, more efficient process.
Fixed Assets & Bulk Transaction Improvements
You can now automatically generate multiple asset records from a single bill or purchasing invoice line, which is particularly useful when acquiring several identical items. A real example might be a UK care home operator purchasing 30 laptops for staff — instead of manually creating each asset record, the system can now create all 30 automatically, significantly reducing administrative load.
This enhancement allows users to partially dispose of an asset while continuing to depreciate the remaining portion. This reflects real working environments where only part of an asset may be sold or written off. For instance, a manufacturing business may replace one faulty component within a larger machine; now they can write down just that component while maintaining accurate depreciation on the remaining value.
Tax & Project Enhancements
Sage Intacct now supports accurate tax calculations on term discounts in Accounts Receivable and Order Entry. This ensures early-payment discounts are treated correctly for tax purposes. For example, a wholesaler offering a 2% discount for early settlement no longer needs to manually adjust tax amounts — the system calculates them automatically based on the final discounted value.
Users can now assign default tax schedules to project, task, and cost-type records, ensuring purchasing transactions automatically reflect the correct tax treatment. A construction firm managing multiple sites may have varying VAT requirements for labour, subcontracting, or materials; default schedules mean each transaction auto-populates with the right tax details, reducing manual corrections and improving compliance.
Consolidation & Financial Management
This enhancement simplifies the equity-method consolidation process and improves transparency around ownership interests, equity income, and roll-ups to parent entities. For a group with UK and European subsidiaries — each with different ownership percentages — automated consolidation removes the need for recurring manual adjustments and helps ensure calculations are accurate and audit-ready.
Reporting & General Ledger Enhancements
Organisations can now include unposted transactions in General Ledger reporting, offering a more complete snapshot of their financial position. For example, a finance director preparing a mid-month view of liabilities can include supplier invoices entered but awaiting approval, enabling more accurate cashflow forecasting without delaying reporting.
Reporting & General Ledger Enhancements
Organisations can now include unposted transactions in General Ledger reporting, offering a more complete snapshot of their financial position. For example, a finance director preparing a mid-month view of liabilities can include supplier invoices entered but awaiting approval, enabling more accurate cashflow forecasting without delaying reporting.
Inventory, Warehouse, and Mobile Enhancements
New functionality across Inventory & Supplies, mobile order picking, and warehouse transfers improves visibility and operational control. A distribution company using handheld warehouse devices can now scan items during picking or internal stock movements, reducing errors and ensuring movements are captured in real time — a significant advantage for teams handling high-volume fulfilment.
Platform and API Improvements
Sage continues expanding and refining its REST API framework. Improved endpoints and performance support more robust integrations and smoother data exchanges. For instance, organisations integrating Sage Intacct with third-party expense management tools can expect faster synchronisation and fewer timeouts, making the integration more reliable and reducing the technical overhead for internal IT teams.
Why This Release Matters for the UK Organisations
Sage Intacct 2025 Release 3 delivers a focused set of enhancements designed to streamline processes, improve financial control, and create a more intuitive user experience. While many updates apply globally, this release also delivers improvements especially valuable for UK finance teams.
Below is a clear summary of the key changes, how they work, and real-world examples to highlight the benefits in practice.
Close Management & Productivity Enhancements
Close Workspace continues to evolve, enabling finance teams to manage their period-end with standardised, trackable workflows. Organisations that previously coordinated month-end across spreadsheets and email threads can now centralise their checklists, task assignments and deadlines in one place. This has already helped teams such as non-profits and education bodies reduce their close cycle by several days simply by giving clearer visibility of outstanding work and responsibilities.
Enhanced Lists are now the standard experience across Sage Intacct. These flexible list views make it easier to filter, sort and customise data, which is especially helpful for organisations with large volumes of transactions. Manufacturers and wholesale distributors dealing with hundreds of invoices per week have found that saved views and personalised columns dramatically reduce the time spent locating key records.
Purchasing, Approvals & AP Automation
Purchasing workflows are now more efficient with the ability to convert multiple documents—or individual document lines—into a single transaction. This is particularly useful for industries such as construction, where suppliers often issue one invoice covering several purchase orders. Instead of processing each PO separately, teams can consolidate the details into one transaction, improving traceability and reducing manual entry.
Line-level matching strengthens purchasing controls by comparing invoice lines directly with PO lines before posting. IT suppliers and project-based organisations that frequently receive partial shipments have already benefited from this enhancement, as discrepancies are highlighted instantly, reducing the likelihood of incorrect amounts being coded to the ledger.
AP, AR & Communication Controls
Approvals can now continue smoothly even when key approvers are unavailable. Finance teams that have encountered delays due to annual leave or illness are now able to delegate approval authority during these periods, preventing bottlenecks and helping maintain on-time supplier payments.
Sage now requires email domain authentication to ensure reliable delivery of system-generated emails such as invoices or statements. Businesses that previously had invoices landing in spam folders have seen immediate improvements once their domain was authenticated, reducing customer queries and improving cash collection.
Tax & Reporting Enhancements
UK organisations using group VAT structures can now take advantage of updated custom reports designed to simplify VAT preparation across multiple entities. Retail groups and multi-company organisations that previously exported data into spreadsheets can now consolidate VAT figures directly in Intacct, saving time and reducing the potential for data errors.
Consolidation & Ownership Structures
This release extends Intacct’s Advanced Ownership Consolidation capabilities with support for equity-method accounting. Holding companies that own partial stakes in subsidiaries can now have equity income and related entries generated automatically. This reduces manual calculation effort and provides clearer ownership visibility, particularly when subsidiaries roll up to multiple parent entities.
Platform & API Improvements
Sage continues to strengthen its REST API framework, with all new objects and features now delivered through REST endpoints. Organisations integrating Intacct with CRM, expense or reporting tools have already seen faster and more reliable data synchronisation after switching to REST. This shift supports future growth and ensures integrations remain stable at higher transaction volumes.
Why This Matters for UK Finance Teams
Greater accuracy and control
Enhanced lists, line-level matching and improved VAT reporting help reduce manual intervention and improve precision across finance operations.
Streamlined workflows
Close Workspace, document consolidation and delegated approvals support a smoother, more predictable finance cycle.
Operational efficiency
Teams handling high transaction volumes or complex purchasing workflows benefit from faster processing and fewer errors.
Future-proofing
Stronger REST API capabilities and advanced consolidation tools ensure that Sage Intacct continues to scale with growing organisational needs.
Fraud is one of the most serious threats facing charities today. Whether it’s internal misuse of funds or external cyber scams, the impact can be devastating—not just financially, but reputationally. At Mysoft, we help non-profits take proactive steps to strengthen their defences and build a culture of financial integrity, using tools like Sage Intacct to embed risk management into everyday operations.
As funding pressures increase and operations become more complex, charities must strike a careful balance between delivering impact and ensuring financial stewardship. Fraud prevention and risk management are no longer optional—they’re essential to protecting resources and maintaining public trust.
Fraud erodes trust, damages donor confidence, and diverts resources away from beneficiaries. The Charity Commission continues to report rising cases, reminding us that no organisation is immune.
Protecting against fraud isn’t just about avoiding loss—it’s about safeguarding your mission and maintaining the public’s confidence in your cause. Every pound lost to fraud is a missed opportunity to create impact.
To build a strong defence against fraud, organisations need more than just a few internal checks. They need a framework—grounded in leadership, supported by policy, and carried out by every individual in the charity.
Trustees and leadership must champion accountability and model risk-aware behaviours.
Map out vulnerabilities, assess impact and likelihood, and take targeted action.
Establish guidelines for spending, approvals, and reimbursements, based on sector best practices.
Establish guidelines for spending, approvals, and reimbursements, based on sector best practices.
Understanding the different ways fraud can manifest is key to staying ahead. Here are a few of the most common types:
Technology plays a vital role in modern fraud prevention. A platform like Sage Intacct introduces layers of protection that manual systems simply can’t match. These include:
Fraud prevention is not just a finance issue—it’s an organisational mindset. Charities that foster transparency at every level are better prepared to detect and respond to risks.
Here’s how to embed that mindset:
One charity we worked with had a single finance officer managing multiple financial processes manually. This lack of oversight led to months of undetected fraud. By switching to Sage Intacct and implementing stronger internal controls, they recovered funds, rebuilt trust, and significantly reduced risk.
This is just one example of how the right combination of process and technology can turn vulnerabilities into strengths.
Fraud prevention is about more than controls—it’s about creating a culture of accountability, supported by the right technology. With Mysoft and Sage Intacct, you can move from reactive oversight to proactive risk management.
Let’s build a finance function that protects your resources, your people, and your purpose. Get in touch to find out how we can support your charity’s next steps.
With the release of 2025 R2, Sage Intacct continues to innovate around three key goals: closing the books faster, gaining better control, and making financial insights more actionable. This update leans into AI, automation, and visibility—empowering finance teams to work smarter across every corner of the business.
Here’s what’s new in 2025 R2 and why it matters.
Use AI to power through month-end close with a real-time summary view of close task status. The new Copilot Close Assistant offers real-time visibility into close tasks across core applications, centralising navigation for subledgers and the general ledger. It helps track progress, identify bottlenecks, and improve alignment.
Available on an initial trial, Close Assistant enhances both efficiency and predictability in month-end management.
Streamline AP/AR reconciliation with real-time variance detection. The Copilot Subledger Reconciliation Assistant automates reconciliation report preparation and highlights variances for quicker resolution. This reduces manual reporting and improves close accuracy.
Finance teams can save time, reduce errors, and focus on strategic initiatives.
Seamlessly record refunds issued to customers. AR now supports refunds for adjustments, advances, overpayments, and negative invoices—including those made via credit card or bank.
With full multi-currency support and integration into reporting and platform tools, this streamlines refund workflows while ensuring global accuracy and visibility.
Streamline inter-entity tracking and automate eliminations. New features automatically categorise transactions, reduce GL account clutter, and improve financial reporting.
Manual tagging of GL entries enriches activity data, enabling reporting and reconciliation via a single receivable/payable account. Eliminations are now supported across Domestic, Global, and Advanced Ownership Consolidation structures.
Complete the quote-to-cash workflow from Salesforce to Sage Intacct. Payments and invoices sync automatically, eliminating manual data entry and improving operational efficiency.
CRM and finance teams benefit from a shared view of transaction data, ensuring accurate cash management and reporting.
Optimise reporting with smart recommendations. When saving a report in Financial Report Writer, Sage Intacct now analyses your structure and suggests performance-enhancing improvements.
These tailored recommendations help stakeholders better interpret financial insights—enhancing clarity and engagement.
Two major updates improve Fixed Asset Management:
– Asset Transfer Ease simplifies inter-entity transfers with automated GL entries and clear ownership.
– Custom Declining Balance Depreciation Methods allow tailored depreciation calculations, with or without true-up—supporting region-specific compliance.
These changes boost transparency, accuracy, and control in asset tracking.
Easily relieve project-related accruals. Automated WIP Relief moves balances to cost of sales, expense, or asset accounts—automatically.
This aligns project costs with delivery and speeds up revenue recognition, improving the accuracy of financial results.
Streamline time entry across dimensions. Sage Intelligent Time now supports allocation codes, enabling users to distribute hours across projects or grants at the point of entry.
This increases reporting precision and reduces the need for manual corrections—especially valuable in multi-project organisations.
Unlock simplified contract insights. The new Contract Summary Tab centralises billing, purchasing, order entry, and project data for each contract.
Teams gain a clearer view of activity and can make faster, data-driven decisions—reducing risk and improving execution.
Boost purchasing efficiency with AI-powered automation. Sage Intacct can now create purchase transactions directly from emailed or uploaded documents, using machine learning to identify key details like supplier, location, and department.
This removes the need for source document matching and improves accuracy. With every correction, the model becomes smarter—helping finance teams save time and reduce manual effort.
2025 R2 is a release built for modern finance teams—those who value speed, insight, and scalability. Whether it’s accelerating the close, automating reconciliation, or syncing sales data seamlessly, these innovations speak directly to the challenges of growing businesses.
At Mysoft, we see these tools not just as features—but as building blocks for a more agile, intelligent finance function.
In our last blog, we discussed the importance of responsible AI implementation. But as AI becomes more embedded in finance workflows, the challenge shifts from adoption to accountability. So, how can organisations build trust in AI systems while maintaining transparency for finance teams, regulators, and wider stakeholders?
At Mysoft, we believe building that trust starts with strong governance, continuous improvement, and the right platform foundation. Here, we explore practical strategies — and how Sage Intacct supports them.
Balance Risk and Innovation
By unifying your financial data in a secure, cloud-based environment, Sage Intacct reduces the risk of fragmented inputs — improving the reliability of any AI system built on top.
With built-in audit trails, permission-based access, and strong data controls, Sage Intacct supports compliance with frameworks like GDPR, IFRS, and industry-specific rules.
Sage Intacct’s open APIs let you plug in AI tools and data analytics platforms seamlessly. You can display AI-driven insights alongside KPIs via real-time dashboards, helping teams validate outputs and act with confidence.
Its modular design means you can scale at your own pace — from automating workflows to integrating advanced analytics. Ongoing support and training resources also keep your team ahead of the curve.
Building trust and transparency in an AI-driven financial future isn’t just about technology—it’s about people, processes, and principles. From fostering a culture of openness and continuous learning to implementing robust governance frameworks, responsible AI adoption calls for thoughtful planning and execution. With platforms like Sage Intacct providing a secure and scalable foundation, finance leaders can confidently unlock AI’s transformative power while maintaining the highest standards of integrity.
This concludes our three-part blog series on AI in Accounting and Finance. By adopting AI responsibly, governing it ethically, and embracing transparency, your organisation can thrive in this new era—delivering enhanced value to customers, shareholders, and society alike.
In our last blog, we explored how AI is transforming finance — from streamlining operations to unlocking real-time decision-making. But as AI becomes more embedded in financial processes, the conversation naturally shifts from what it can do to how it should be used.
At Mysoft, we believe adopting AI responsibly is just as important as adopting it at all. This post dives into what responsible AI means for finance teams — and how platforms like Sage Intacct support that balance between innovation and governance.
AI legislation is evolving quickly. The EU’s proposed AI Act will categorise AI tools by risk, while the UK’s ICO continues to publish guidance on algorithmic transparency and data protection. For finance teams already navigating tight regulations, a clear AI governance framework helps avoid fines, reduce risk, and maintain trust.
AI runs on data — often lots of it. That amplifies the importance of privacy and cybersecurity. Regulations like GDPR demand transparent data handling, especially in automated decision-making. And because large datasets can be tempting targets, keeping them secure is essential for maintaining stakeholder confidence.
AI doesn’t just process data — it reflects it. If training data includes bias, outcomes can be unfair or discriminatory. Whether it’s credit checks, vendor selection, or forecasting, biased AI systems can erode public trust. Responsible use isn’t just a compliance issue — it’s a brand issue.
Start by defining what success with AI looks like. Is it improving forecasting? Reducing manual effort? Enhancing reporting? Then assign ownership — ideally at the CFO or Finance Director level — to ensure alignment with strategy and compliance.
Audit the data used in AI models regularly. Tools like Sage Intacct already help ensure data is centralised and consistent. But biases can still creep in. Build processes that flag and fix anomalies before they impact decision-making.
Automation shouldn’t mean abdication. Keep experienced professionals involved in decisions like credit approvals or risk assessments. New “glass box” AI tools can explain how predictions are made — a big step forward for transparency.
AI isn’t a “set it and forget it” tool. Models degrade as conditions change. That’s why ongoing monitoring and recalibration are vital. Some organisations are even setting up internal AI governance boards to oversee this process.
We see Sage Intacct as more than a finance platform — it’s a smart foundation for trustworthy, scalable AI adoption.
With Sage Intacct’s unified data model, you eliminate silos and improve data consistency. That makes any AI model more reliable — because the input data is cleaner.
Every user action and transaction is logged automatically. These detailed audit trails are invaluable when demonstrating GDPR compliance or reviewing AI-driven decisions.
Sensitive data stays secure thanks to Sage Intacct’s fine-grained access controls — a key part of responsible data use.
Its open APIs let you plug in external AI tools or analytics platforms easily — from expense automation to predictive cash flow modelling. And its real-time dashboards help finance teams monitor those insights and act with confidence.
As your AI capabilities evolve, Sage Intacct scales with you — no need for complex infrastructure changes. Its modular design also means you can adopt new features at your own pace.
Yes, ethical and governance frameworks introduce new steps — but they don’t stifle innovation. In fact, they strengthen it. With the right guardrails in place, AI becomes more trustworthy, accurate, and impactful.
The organisations that thrive in the AI era won’t be the ones who moved fastest — they’ll be the ones who moved smartest.
In our next post, we’ll explore how to build trust and transparency around AI insights — so finance teams, regulators, and stakeholders are all aligned as this tech becomes core to operations.
Artificial Intelligence (AI) has rapidly become one of the most talked-about technologies in the financial world—and for good reason. Intelligent automation, predictive analytics, and data-driven insights are changing the way we handle everything from daily bookkeeping to high-level strategic planning. In this first instalment of our AI-in-Finance blog series, we look at the key drivers of AI adoption, discuss the concrete benefits it offers, and explore why solutions like Sage Intacct are helping organisations harness this technology responsibly.
Reduction in Manual Errors: Traditional processes involving significant human input—such as data entry or invoice matching—are prone to mistakes. AI minimises these errors by automating repetitive tasks, providing greater accuracy.
Cost Savings: By automating time-consuming work, organisations can re-allocate employees to more value-added activities, potentially reducing headcount costs over time or enabling existing staff to focus on higher-value tasks.
Granular Forecasting: AI tools can analyse thousands of data points in seconds, identifying trends that can improve budgeting and forecasting activities.
Proactive Decision-Making: With more accurate, timely data, finance teams can spot risks and opportunities early—essential for staying competitive.
Evolving Standards: Finance is heavily regulated, and AI tools can help organisations keep pace with new and complex legislation.
Automated Monitoring: AI can continuously check for anomalies, suspicious activities, or deviations from internal policies, thereby reducing compliance-related risks.
Focus on Analytical Roles: Modern finance professionals increasingly expect to work on strategic tasks rather than low-level data processing. AI frees up time for these higher-value activities.
Hybrid Skill Sets: Accountants are now expected to be data-savvy, and AI tools often come with dashboards or analytics platforms that enhance skill development and job satisfaction.
While AI promises significant efficiency gains, some organisations worry about displacing jobs or losing personal oversight. It’s crucial to remember that AI is most effective as an augmentation tool, not a complete replacement for finance professionals.
AI isn’t just speeding up existing processes; it’s also enabling entirely new ways of working:
Invoice Processing: Tools powered by machine learning can automate data capture, validation, and approval flows.
Expense Management: AI can flag unusual claims, create automated policy checks, and even categorise expenses automatically.
Trend Analysis: By leveraging historical data, machine learning models can provide insight into future sales, cash flow, or expense patterns with a level of detail impossible through spreadsheets alone.
Scenario Planning: CFOs can test “what-if” scenarios (such as price changes or new investments) with greater accuracy, creating stronger strategic plans.
Real-Time Dashboards: Advanced AI-driven systems can highlight anomalies or key metrics in a clear, visual format, guiding decision-makers to focus on the most urgent or high-value matters first.
Natural Language Queries: Some modern systems even allow users to ask questions in plain English, making AI insights accessible to non-technical team members.
Fraud Detection: AI can analyse transactions in real time to detect unusual patterns, helping to prevent fraudulent activity before it escalates.
Regulatory Compliance: Automated AI systems can monitor compliance with financial regulations, flagging potential risks and reducing manual audit efforts.
Investing in cutting-edge AI can be costly in the short term. Organisations should conduct a clear cost–benefit analysis and develop a phased implementation strategy that starts with quick-win use cases before expanding.
Human error can lead to compliance failures, costly rework, and reputational damage. AI-driven checks and balances reduce these risks significantly.
Automating repetitive tasks not only saves on salary costs but also lowers the likelihood of incurring late-payment penalties or other fee-based inefficiencies.
Automation reduces the need for overtime spent on manual processes, helping employees maintain a healthier balance between work and personal life.
AI is reshaping the finance and accounting function—offering unprecedented levels of accuracy, speed, and strategic insight. From reducing manual errors and costs to enabling predictive analytics, AI opens up a world of possibilities for modern finance teams. However, responsible adoption is key. Organisations must address potential challenges—such as data quality issues, initial investment costs, and change management—to fully realise AI’s transformative power.
AI is transforming finance—not by replacing professionals, but by enhancing their capabilities. From automating manual processes to improving accuracy and delivering real-time insights, AI is revolutionising how finance teams operate. In a world where agility and efficiency are essential, AI has moved from being a future ambition to a present necessity.
Modern financial management solutions integrate AI to streamline operations, reduce manual effort, and ensure financial accuracy. AI is embedded into key processes to help businesses stay compliant, optimise cash flow, and improve overall financial health.
Key areas where AI enhances financial management:
AI is no longer just about automation—it’s also about providing real-time intelligence. Sage Copilot acts as an AI-driven financial assistant, giving finance teams instant insights and helping them work more strategically.
How AI-driven assistants support finance teams:
Beyond automation, AI is reshaping financial strategy by offering deeper insights and better decision-making tools. Businesses that integrate AI into their financial operations can gain a competitive edge through:
AI will continue to evolve, offering even greater levels of intelligence, automation, and efficiency. Businesses that embrace AI-driven financial tools today will not only reduce costs and errors but will also unlock new opportunities for growth and innovation.
At Mysoft, we help businesses harness the full potential of AI-driven financial management solutions to drive efficiency, accuracy, and strategic success. Whether it’s leveraging AI-powered automation to streamline approvals with tools like X3CloudDocs, using intelligent assistants like Sage Copilot to enhance decision-making, or integrating AI-driven financial reporting, we ensure that businesses stay ahead in an increasingly digital financial landscape.
Mysoft are pleased to share insights on the new features and enhancements introduced in the Sage Intacct 2025 R1 release. This update focuses on deepening automation, expanding artificial intelligence (AI) capabilities, and refining the user experience—helping you streamline processes, gain clearer insights, and accelerate growth.
One of the most exciting developments in 2025 R1 is the boost to AI functionality. Sage Intacct continues to leverage machine learning to reduce manual data entry and identify anomalies in financial transactions. By automatically categorising and verifying information, AI helps users save time, increase accuracy, and unlock predictive insights. If your organisation handles a high volume of invoices or complex inter-entity transactions, these AI enhancements can bring substantial efficiency gains.
At Mysoft, we understand the challenges finance leaders face and the opportunities that modern financial management solutions can unlock. From improving data accuracy and automation to leveraging the latest technology for greater flexibility, the key to success lies in enhancing efficiency and making smarter decisions.
Recent industry reports highlight the common frustrations of finance teams across the UK:
• Time-consuming manual processes – Many essential accounting tasks, including financial close and compliance reporting, still involve outdated spreadsheets and disconnected systems. This inefficiency leads to lost productivity and increased errors.
• Lack of real-time insights – Leadership frequently requests up-to-date financial data outside of normal reporting cycles, yet many teams struggle to provide accurate, on-demand information.
• Fragmented systems and data silos – Finance teams often spend valuable time consolidating data from multiple sources, causing reporting inconsistencies and decision-making delays.
• Security and compliance concerns – With cyber threats on the rise and regulations becoming more complex, maintaining compliance while securing financial data is a growing priority.
The finance function is evolving beyond number-crunching. To drive business growth, finance teams must be equipped with the right automation, data insights, and integrated workflows to stay ahead.
Leading finance teams are already embracing automated financial processes, AI-driven insights, and predictive analytics to:
✅ Reduce reliance on manual tasks – Automating repetitive processes enables finance teams to focus on higher-value strategic initiatives.
✅ Enhance financial accuracy – Eliminating human error in reporting leads to better forecasting and more confident decision-making.
✅ Improve visibility and collaboration – A more connected financial system means faster reporting, greater transparency, and more informed cross-departmental decisions.
✅ Strengthen compliance and security – Automated controls and real-time monitoring help organisations meet regulatory requirements while safeguarding sensitive financial data.
Finance leaders are no longer just managing numbers; they are driving business strategy. To succeed in today’s landscape, companies must modernise their financial operations, ensuring they can scale, adapt, and thrive in a competitive market.
In today’s digital-first world, businesses generate vast amounts of data about operations, customers, and financial performance. However, having data is only half the battle; transforming it into actionable insights is where the real value lies. Visual, data-driven storytelling is emerging as a crucial tool for finance teams looking to make better decisions and communicate effectively with stakeholders.
While traditional financial reports provide valuable historical data, they often fall short of offering real-time insights or highlighting key trends. When data is buried in spreadsheets and siloed across departments, it’s difficult to access and lacks context. This not only slows down decision-making but also increases the risk of missed opportunities.
A study by Foundry revealed that 69% of organisations are already exploring or using visual dashboards to consolidate and present information. Gartner predicts that by 2025, data stories will become the most widespread method for consuming analytics. The future of financial reporting lies in interactive and visually engaging formats.
Visual dashboards are more than just a collection of charts and graphs. They provide context, tell a story, and empower users to dive deeper into their data. For finance teams, this means being able to:
Discover connections and trends that might not be evident in spreadsheets.
Access real-time data to predict future performance rather than just reflecting on the past.
Make faster, more informed decisions that drive organisational growth.
One success story is Quicksilver Express Courier, a last-mile delivery service that struggled with profitability visibility at the vehicle level. The company could drill down into profit and loss by truck by adopting Sage Intacct. This newfound insight uncovered areas of overpayment and inefficiency, resulting in savings of £100,000 a year on workers’ compensation insurance and profitability improvements of up to 25% in certain locations.
Finance isn’t just about numbers; it’s about communicating what those numbers mean. Dashboards make it easier for finance leaders to share insights compellingly, using narratives and visuals that engage stakeholders. Instead of a static report, a well-designed dashboard can:
Highlight why certain metrics matter.
Provide a clear picture of what’s working and what’s not.
Inspire confidence in proposed changes or strategies.
Customisable dashboards allow teams to experiment and adapt in real time. Whether it’s testing new processes or exploring growth opportunities, having access to up-to-date information ensures decisions are grounded in reality. As Scott Freedman, Director of Marketing at Sage Intacct, says, “Real-time insights enable you to look backwards or forward, predicting future results with confidence.”
Embracing visual financial reporting isn’t just a technological upgrade; it’s a strategic investment in organisational growth. By making data accessible, meaningful, and actionable, finance teams can become true enablers of business success.
Discover how Sage Intacct can transform your financial reporting with tailored dashboards and real-time insights.
Sage Intacct 2024 Release 4 focuses on three big themes: AI-powered insight (Copilot), stronger financial control, and a more flexible platform experience. Many features apply globally, and several are particularly valuable for UK finance, project, and nonprofit teams.
Below is an easy-to-digest summary of the key changes, organised into clear sections with practical examples of how they’ll help in day-to-day use.
Sage Copilot & AI-Powered Automation
Sage Copilot continues to evolve with tools that help finance leaders understand what’s really happening in their numbers.
Copilot Variance Analysis surfaces the differences between budget and actuals or prior periods, and notifies budget owners when spend exceeds budget. A UK finance manager can, for example, see that travel spend for a particular cost centre is trending 15% over budget and get an alert before month end, rather than discovering it after the fact.
The help search is now powered by semantic AI, which understands intent rather than just keywords. If a new user types “how do I fix an invoice someone posted wrong?”, they’re more likely to get relevant steps instead of wading through generic results.
AP Automation now supports tax information for companies using the Taxes application, and Purchasing automation gains further enhancements. For teams processing high volumes of supplier invoices, this means fewer manual coding decisions and more consistent treatment of VAT.
Strength in Financials & Reconciliation
This release makes it much easier to understand how money has moved across customer and supplier accounts.
New Customer and Vendor reconciliation reports show exactly how payments, advances and credits match to invoices and bills. For example, if a customer has paid several instalments and used a credit note, AR teams can now see the full picture in one place rather than piecing it together from multiple screens.
Accounts Receivable statements can now include a running balance and clearer formatting, helping customers understand what they owe at a glance and reducing queries into the finance team.
AP teams can now send payment notifications to primary and secondary vendor email addresses, act on more bills at once with enhanced Pay Bills filtering, and void or review payments more quickly. For busy AP teams, this directly reduces admin time and speeds up supplier communication.
Tax, Control & Compliance
R4 delivers several enhancements that help UK organisations stay compliant while handling increasingly complex tax setups.
Users of Advanced Tax or VAT solutions can override default tax schedules on transactions and even set schedules to inactive. This is particularly useful when dealing with cross-border or special tax treatments, such as reverse charge situations or projects spanning multiple jurisdictions.
You can now mark tax details as “Reporting” or “Not reporting” so that certain adjustments are automatically excluded from tax submissions. This reduces the risk of including internal correction entries in VAT returns.
For organisations using custom tax solutions, a new submission workflow streamlines filing and keeps everything within Intacct rather than relying on manual exports and spreadsheets.
Platform, REST API & User Experience
The platform continues to mature with improvements aimed at admins, developers, and everyday users.
Configurable lists let users personalise views, apply advanced filters, and work with record details more efficiently. Updated labels in areas like Company, Fixed Assets, Inventory, Order Entry, Projects, and Purchasing make navigation feel more intuitive, especially for new joiners.
The REST API continues to gain more functionality, offering a more modern, robust integration framework than legacy XML-based connections. Organisations integrating Intacct with CRM, expense tools or data warehouses will see more reliable and scalable syncs.
Bulk translation management makes it easier to support multi-language deployments. Canadian French and Spanish are now available as language preferences, and UK English spelling and terminology are better reflected across the system—useful for international groups who still want a locally familiar feel for UK-based users.
Customer ID is now visible on the Company information page, custom email domain validation improves email deliverability, and additional permissions give more granular control across AP, AR, GL, Inventory and Time & Expenses.
Contracts, Projects, Grants & Construction
This release brings tangible improvements for organisations that work with contracts, retainage, and project-based billing.
Service period start and end dates can now be automatically included on invoices. A SaaS or services business, for example, can show “Service period: 01/01/2025–31/03/2025” without manually adding it each time, improving clarity for customers and auditors.
Retainage is now available within Project Costing & Billing and Grants Tracking & Billing, so nonprofits and project-based organisations can hold and release retention from AR/AP without needing Sage Intacct Construction.
On the Manage Schedules page, you can clear or deliver revenue and expense schedules in bulk, and sync updates from renewal templates to existing contracts. This is especially helpful for organisations managing large volumes of recurring contracts or renewals.
Construction users can now print summarised and non-summarised time and materials details on project contract invoices, capture project scope and schedule details, and track change orders/requests directly in Intacct—reducing reliance on external trackers.
Fixed Assets, Inventory & Operational Efficiency
Operational teams also see meaningful improvements in this release.
You can now override posting dates when manually posting depreciation, giving flexibility when aligning depreciation entries with specific cutoff dates. Asset records also gain notes, enhanced lists, and a smoother import experience, making it easier to manage asset registers at scale.
Entity-level valuation report details now make it easier to see inter-entity transactions. A group with central purchasing but local stock usage can better understand which entities hold inventory and how value moves between them.
For teams using Supplies Inventory, replenishment and tracking improvements help ensure critical consumables stay in stock without over-ordering.
Reporting, Training & Adoption
Finally, R4 invests in better reporting, communication, and user skills.
Interactive Custom Report Writer (ICRW) now includes enhanced Construction, Purchase Order, and Order Entry reports, plus a new Narrative view where users can add commentary to their reports. This is ideal for month-end packs where finance needs to explain variances alongside the numbers.
SaaS Intelligence gains further enhancements, giving subscription-based organisations more insight into recurring revenue, churn, cohorts and other SaaS metrics—all within Intacct.
Sage has launched the Accounting Specialist Certification and added new training courses and videos. For UK organisations, this is a strong way to build internal expertise and ensure finance teams are fully leveraging the system.
Mysoft, one of the UK’s most trusted providers of ERP & Finance solutions, is proud to announce the launch of its new business unit dedicated to Sage Intacct – the leading multi-entity cloud finance solution from Sage. This offering is specifically designed to support compliance-driven organisations operating in highly regulated sectors, including financial services, legal services, not-for-profit (NFP), and technology, among others.
With a deep understanding of the complexities faced by businesses with stringent compliance requirements, Mysoft brings unrivalled industry expertise in delivering solutions to meet the high standards of accuracy, transparency, and security demanded by these sectors. By partnering with Sage, on Sage Intacct, Mysoft is expanding its portfolio to empower UK-based businesses; particularly those headquartered in London and the South of England, to transform their financial operations.
Sage Intacct offers a powerful cloud-based finance solution, providing real-time visibility into financial and operational data across multiple entities. Its robust compliance and audit trail features make it the ideal choice for organisations with complex regulatory requirements. Mysoft’s delivery approach ensures that clients can confidently meet compliance demands while optimising financial performance.
“Our reputation for delivering our customers with transformational systems is built on a foundation of deep industry expertise and exceptional focus.” said Jamie Watts, Mysoft Director. “With the launch of our Sage Intacct business unit, we’re committed to helping organisations streamline their financial processes, stay ahead of regulatory changes, and focus on strategic growth.”
“At Sage, we are committed to providing solutions that help businesses thrive, particularly in highly regulated sectors. Our ongoing partnership with Mysoft continues to grow, offering deep multi-dimensional insights and AI-powered automation that give businesses the agility to meet compliance requirements, drive profitability, and enhance customer satisfaction. With seamless integration into other business applications and customisable dashboards, Sage Intacct empowers organisations to make informed decisions, streamline processes, and support long-term growth,” said Paul O’Riordan, VP Medium Segment, UKI.
For over 20 years, Mysoft has been a trusted Sage partner, delivering comprehensive solutions like Sage Intacct and Sage X3 to help businesses transform their financial and operational processes. Specialising in advanced ERP capabilities, particularly with Sage X3, Mysoft supports key sectors such as finance, distribution, and manufacturing, offering tailored solutions that drive efficiency and ensure compliance across complex industries. Their deep experience ensures that customers benefit from comprehensive, customised implementations that streamline complex workflows and maintain compliance. Mysoft’s solutions, such as X3CloudDocs, also enhance Sage platforms by automating key processes, empowering businesses to optimise efficiency and drive growth.
As a leading Sage partner with years of experience delivering ERP solutions, Mysoft understands the critical importance of meeting compliance, regulatory, and reporting standards. Our team’s rigorous approach to implementation and support ensures that our clients in financial services, legal, Not-For-Profit (NFP), and technology sectors benefit from best-in-class solutions tailored to their specific needs.
From initial scoping to final delivery, Mysoft adheres to the highest standards, ensuring projects are delivered on time, within budget, and with a focus on long-term client success. Our deep knowledge of UK compliance requirements, coupled with Sage Intacct’s powerful financial tools, allows businesses to not only maintain compliance but also drive efficiency and profitability.
To mark the launch of this new offering, Mysoft is hosting an exclusive Coffee Break Session, where we will introduce our Sage Intacct delivery package tailored specifically for compliance-focused businesses. Attendees will learn how our solutions help streamline operations, improve compliance, and accelerate growth. Register now to reserve your place and discover why Mysoft is the partner of choice for leading organisations.
Sign Up To Attend
Mysoft is the leading provider of ERP and cloud-based financial solutions in the UK, specialising in Sage X3 and Sage Intacct. With a reputation for delivering high-quality, compliant solutions to industries such as financial services, legal, and not-for-profit, Mysoft is committed to driving business efficiency and growth for organisations with complex regulatory requirements.
Sage Intacct 2024 Release 3 delivers a refined set of updates focused on usability, efficiency, financial accuracy, and enhanced reporting. While many features apply globally, this release includes several improvements that are especially valuable for UK organisations working across finance, operations, and project environments.
Below is a clear, easy-to-read summary of the most useful updates, organised into seven key areas — with practical examples showing how teams will benefit day-to-day.
Financial Controls & Document Traceability
Intacct now lets users trace back to the very first transaction in a workflow. This provides a clearer audit trail and improves reconciliation, especially when orders pass through multiple stages.
For example, a UK distributor can now link a final invoice directly back to the original sales order or purchase request, helping them resolve stock discrepancies faster and avoid back-and-forth between departments.
Enhanced email delivery is now available to everyone, improving security and reducing the risk of invoices or statements landing in spam. Many organisations that previously dealt with delayed customer payments due to undelivered invoices will find that this greatly improves communication and cash flow.
Cash Management & Bank Reconciliation
Intacct now supports BAI2 and CAMT.053 file formats for bank transaction imports, giving finance teams greater flexibility depending on their bank provider.
This is particularly useful for UK companies banking with European institutions that commonly use CAMT.053 — reconciling statements becomes simpler and faster.
The reconciliation page now defaults to unmatched transactions first. Teams reconciling large volumes of payments can jump straight to the entries that need attention, speeding up month-end preparation.
Platform Improvements & Usage Insights
Admins can now view operational statistics such as user activity, vendor volumes, customer interactions and more. This helps organisations understand how Intacct is being used, identify training needs, and benchmark process performance.
A growing service firm recently used these insights to spot heavy system usage around specific days, which helped them adjust workload planning across the team.
List views have been improved for easier filtering, and labels across several modules have been updated to better match the terminology finance teams use daily.
This small change makes a big difference in onboarding new users and reducing confusion across Accounts Receivable, Contracts, Order Entry, and other areas.
Accounts Payable & Accounts Receivable Enhancements
AP Automation is now widely available, allowing Intacct to generate draft bills automatically. UK finance teams handling high volumes of supplier invoices will benefit from fewer manual entries and reduced processing time.
Restricted users can now void their own top-level payments, and payments can be voided directly from the Posted Payments page — no need to navigate multiple registers.
This greatly simplifies corrections, especially when a payment was made in error or needs reallocation.
Users can now edit discount amounts on invoices without changing the payment terms, giving AR teams more flexibility during settlement negotiations.
Contracts & Revenue Management Enhancements
Schedule management becomes much easier with the ability to hold or resume multiple billing, revenue or expense schedules at once. Organisations managing a large contract base — such as software or service providers — can now update groups of contracts efficiently without touching each record individually.
Order Entry transactions can now be tagged with a contract dimension, strengthening reporting links between sales and revenue. For example, project-based organisations can now track revenue by contract more accurately, reducing manual reclassifications during month-end.
Fixed Assets, Inventory & Operational Improvements
Three new reports — Net Book Value, Assets by Employee, and Assets by Location — make it far easier to understand asset distribution and ownership across the business. Facilities teams, for example, can now quickly identify assets assigned to specific sites.
Asset imports now run in the background, freeing users to continue working without waiting for the process to complete — useful for teams migrating asset registers or processing large acquisition batches.
Enhanced utilities highlight unmatched quantity or value transactions and show transaction date history. This helps warehouse and finance teams resolve stock discrepancies and maintain accurate levels.
Reporting, Automation & Development Tools
ICRW now includes new reporting areas for Construction, PO, and Order Entry. These help teams build more detailed custom reports without exporting data externally.
Construction businesses can now include joint payee information in CRW reports, improving payment clarity for projects involving multi-party billing.
REST API is now widely available in open beta, giving developers a more modern integration framework. Smart event logging is also improved, meaning system-driven logic is easier to review without extra packages.
Between major releases, Sage introduces smaller enhancements that improve day-to-day usability and streamline common workflows. Below is a simplified overview of the key updates delivered after 2024 R2.
Timesheet Improvements – Sage Intelligent Time
Users can now recall their own timesheets to correct mistakes without needing manager involvement. This is particularly useful for project-based teams who submit weekly timesheets and often spot small errors after submission, allowing corrections without delaying billing.
The time approvals interface has been redesigned with clearer layouts and more intuitive navigation. Approvers working across multiple projects can now review and approve entries more efficiently, reducing bottlenecks in billing cycles.
AI can now automatically generate descriptions for time entries, helping teams maintain consistent, professional activity notes. Consultants and engineers who spend large volumes of time find that this significantly reduces admin overhead.
Audit trails are now accessible directly from timesheets, making it easier for finance teams and project managers to track changes—particularly helpful when clients request clarity on billable time.
International Payments
Organisations operating in or paying suppliers through Canada can now make electronic payments in CAD using bank file payments. This removes manual workarounds for UK companies with Canadian subsidiaries or vendor relationships.
Reporting Enhancements
Custom Report Writer now supports a language-agnostic filter that ensures accurate results even when reports contain multilingual data. Multi-entity groups with European subsidiaries benefit from consistent reporting regardless of local language settings.
Credit Card Reconciliation
Credit card statements can now be imported using the classic import tool, allowing finance teams to reconcile transactions more quickly. This is especially valuable for organisations with multiple corporate cards, where manual reconciliation was previously time-consuming.
Sage Intacct 2024 R1 delivers targeted improvements across financial controls, automation, reporting and system usability. Below is a streamlined breakdown of the update, organised into seven core areas so UK finance teams can quickly understand what has changed and how it helps in practice.
Company & Administration Enhancements
New and updated permissions across Contracts, Custom Report Writer, Order Entry, Projects and Time & Expenses give organisations tighter control over user access. Teams that previously relied on broad permissions can now restrict sensitive actions more accurately.
A secondary user email and a self-service account recovery process reduce reliance on administrators. This has already helped teams resolve lockouts during busy periods without needing IT intervention.
Alpha sequences for automated matching provide more options during reconciliations, improving accuracy for finance teams dealing with high transaction volumes.
Admins can now view API usage across all companies from one area, making it easier for multi-entity groups to monitor integration activity.
Accounts Payable Improvements
AI-driven GL and dimension coding reduces manual entry errors. Organisations processing large batches of invoices see more consistent coding and fewer rework cycles.
Teams can limit available contacts in the “Pay to” and “Return to” fields, helping avoid incorrect selections during data entry.
Bill submitters are automatically notified when approvals are completed, reducing back-and-forth between departments and helping invoices progress faster.
Usage details can now be exported more easily, supporting internal reviews and audit processes.
Accounts Receivable Enhancements
Contact lists in the “Bill to” and “Ship to” fields can be restricted to simplify and improve invoice accuracy.
Restricted users can no longer reverse invoices that meet certain criteria, helping protect the integrity of financial data.
Cash Management & General Ledger Updates
Bank feed transactions can now be dated according to a bank account’s time zone, improving reconciliation accuracy.
Enhanced match sequence reporting helps finance teams identify how transactions were matched, improving audit visibility.
Closing accounts automatically applies the correct period-end type, reducing setup time and preventing configuration mistakes.
Users can download import templates directly from import pages, making migrations and bulk uploads easier.
Consolidation & Contract Management
Advanced Ownership Consolidation now includes a detailed custom report, giving clearer visibility of consolidation entries for complex groups.
Summary-format revaluation reports provide quick insights, and users can now edit accounts and translation tables even after consolidation — helpful when corrections are needed.
Users can drill into domestic accrual source transactions directly from the GL report, improving audit trails.
New permissions for cancelling/uncancelling contracts and CSV-importable MEA price lists reduce administrative effort. Expanded support for kit billing gives organisations more flexibility when managing bundled services or products.
Inventory, Platform & Purchasing Enhancements
New utilities help teams understand how transaction definitions impact reports and assist with landed cost troubleshooting.
Value-only transactions can now be included or excluded from summaries for cleaner reporting.
API usage dashboards now support consoles.
Custom help options let organisations guide their users more effectively.
Updated platform tutorials help teams build their own applications.
Submitters of purchasing transactions now receive approval updates, improving communication between procurement and finance teams.
Reporting, Time & Interface Enhancements
CRW now supports bank reconciliation match reporting and consolidation-entry analysis, helping teams produce more detailed audit and financial reports.
Users can restore earlier versions of reports, especially useful for month-end reporting packs that undergo frequent changes.
Improvements prevent performance issues caused by overlapping schedules.
Teams benefit from new bank-detail permissions, currency filtering for payments, and improved Sage Intelligent Time usability—including smarter entry and timesheet printing.
Enhanced list navigation and updated labels across multiple modules make everyday tasks clearer and more intuitive for new and experienced users.
Mysoft is delighted to announce its strategic expansion into North America.
In line with our ongoing plan to expand and support our growing customer base of both Sage X3 and X3CloudDocs sites, Mysoft has extended our Sage Partnership outside of the UK.
Our Managing Director, Mr. Chris Schafer commented: “We are thrilled to be both a UK and North American Sage Partner. This will allow us to provide an even better service to our global customers and deepen our relationship with Sage”
Mysoft is the first Sage X3 UK partner, with over 450 years of collective experience. We have the largest Sage X3 dedicated team with over 50 members of staff. We live and breathe Sage X3.
Mysoft recognises that every business is unique and distinct, we tailor solutions to meet the specific needs of our clients. Our Brand is synonymous with excellence, from initial scoping and implementation to ongoing development and support. Our team serves as a trustworthy companion on your ERP journey, ensuring a safe and reliable experience.
As your strategic partner, we are committed to elevating your company’s efficiency and agility to the highest levels possible. Drawing upon our extensive and diverse experience in ERP, we unlock the full potential of your business, helping you navigate and excel in today’s competitive landscape.
Since launching our North American arm, we are also thrilled to unveil that we have reached the exciting milestone of onboarding our first Canadian-headquartered Sage X3 customer. This marks the start of officially expanding our global reach into the North American territory.
