Sage, a global leader in accounting, financial, HR, and payroll solutions for small and mid-sized businesses (SMBs), has unveiled groundbreaking AI-driven enhancements to its Sage Intacct platform. These innovations promise to streamline manual processes, improve financial visibility, and empower finance teams with real-time insights to drive strategic growth.
AI-Powered Sage Copilot Revolutionizes Financial Management
Introduced in December 2024, Sage Copilot, a generative AI assistant, has quickly evolved to deliver greater efficiency and accuracy for finance professionals. With features like Search Help, Variance Analysis, and Close Assistant, teams can now automate time-consuming tasks, expedite month-end close processes, and access financial insights instantly.
“The automation and AI-driven insights from Sage Intacct have allowed us to cut processing times in half and significantly reduce manual errors,” shared Christian Mulvihill, CFO of Greenidge Generation Holdings. “These tools have transformed how we operate and plan for the future.”
AI and Automation: A Growing Trend in Finance
Sage’s report, “AI: The Opportunity for CFOs,” revealed that 86% of finance leaders have already integrated AI into their operations, yet only 49% utilize finance-specific AI solutions. With 77% acknowledging AI’s role in enhancing job satisfaction and strategic focus, Sage Intacct’s new tools address this gap by delivering tangible, finance-centric results.
Susan Vincent, Managing Director at Baker Tilly, emphasized the significance of these advancements: “Applying AI to drive real impact can be challenging for many SMBs, but these latest enhancements help our customers achieve measurable value while strengthening our role as trusted advisors.”
Introducing New Sage Intacct Features for 2025
1. Sage Copilot Search Help
- Provides instant, conversational responses to user queries, simplifying navigation and reducing the need for manual searches.
- Availability: Phased rollout in the UK and US.
2. Sage Copilot Variance Analysis
- Delivers real-time insights into budget variances using intuitive graphs and natural language explanations.
- Availability: General availability in the UK and US.
3. Sage Copilot Close Assistant
- Offers a consolidated view of month-end close status across entities, streamlining the close process.
- Availability: Early adopter access in the UK and US.
4. AP Automation with Purchasing
- Automates PO-to-invoice matching, reducing manual input and enhancing accuracy.
- Availability: Global availability.
5. Clinical eProcurement
- Tailored for healthcare organizations, this feature ensures compliance through vendor punchout technology.
- Availability: US launch in March 2025.
6. Revenue Management Enhancements
- Simplifies compliance with ASC 606 and IFRS 15 standards and integrates with third-party billing solutions.
- Availability: Available in the US, UK, Australia, Canada, and South Africa.
Sage’s Commitment to Innovation and Efficiency
Dan Miller, EVP of Sage’s Financials and ERP Division, highlighted the customer-centric focus driving these developments: “Time is the most valuable commodity for our customers. These updates not only boost efficiency but also free up time for finance teams to focus on growth and data-driven decisions.”
Sage’s latest enhancements represent a significant step toward democratizing AI for SMBs, enabling finance professionals to move beyond manual tasks and engage in higher-value, strategic work. By seamlessly integrating AI into core financial processes, Sage Intacct continues to empower businesses with the tools they need to thrive in an increasingly digital economy.
