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In today's era of technological advancements, cost constraints, and demanding customers, cloud-native finance applications have become vital tools for companies striving to stay competitive. In an environment that demands nimbleness and flexibility, cloud-native ERP software is more crucial than ever. It provide the capability to adapt...

For years, organizations have been on the quest for a financial management Holy Grail—a single source of truth for accurate reporting and budget planning. However, the reality is that financial information often resides in disconnected spreadsheets and applications, leading to cumbersome and time-consuming data management.

According to Gartner's research, human error in finance functions leads to approximately 25,000 hours of avoidable rework, costing around $878,000 per year. This conflicts with the drive for organizational efficiency that most modern businesses prioritize. If improving employee productivity and performance are the primary objective for...

As companies undergo digital transformations, they amass vast amounts of operational and customer data. By collecting this information, leaders and teams gain valuable insights they can utilize to make better decisions. Consequently, the adoption of visual reporting is on the rise. Many organizations are now piloting or utilizing visual...

In today's intricate threat landscape, CFOs and their finance teams find themselves at the epicenter. Unfortunately, vital information is often scattered across disconnected databases, hard drives, and software applications. These teams resort to exporting data into spreadsheets and sending them as email attachments within the...

Many clients using Microsoft Dynamics GP & SL realize it is important to do their due diligence when it comes to evaluating other ERP solutions. If you are currently doing so, one solution that should be on your radar is Sage Intacct.

Many clients of ours have used Microsoft Dynamics SL for the accounting needs for decades. In addition to have solid financials, Dynamics SL has a very solid track record of adding new functionality, and being an intuitive and powerful system. Now that Microsoft has announced the end of support for Dynamics SL in July 2028, many of our...

A question we commonly hear from Senior Living facilities is: How do we know it is time to move off our all-in-one solution when it comes to Financials? In our experience, when a facility is so much as asking the question, that probably means the time to evaluate is now. While each facility is unique, there are common themes we see among...

Intellitec Solutions is extremely excited to share a new program that is uniquely designed to address many challenges being faced by senior living facilities. Our QuickStart for Senior Living program has been developed to fast track your journey to cloud-based accounting and to do so with fixed fee pricing.

Having built a large and loyal client base of 35 years, we are fortunate enough to be hosting our 18^th annual User Group this coming May. We have seen clients attend and gain value for quite a number of reasons. As we approach this years virtual event, we are making a series of posts discussing the 5 main reasons our clients have told us...

Intellitec Solutions has hosted Client User Groups since 2004. Along the way, we have seen many clients benefit from the experience in a variety of ways. As we prepare for our 18th Annual event, we thought we would share the 5 main reasons our clients have told us they benefited from attending. Already we looked at making the most of...

Intellitec Solutions has hosted Client User Groups since 2004. Along the way, we have seen many clients benefit from the experience in a variety of ways. As we prepare for our 18th Annual event, we thought we would share the 5 main reasons our clients have told us they benefited from attending. 

As you may be aware, in 2020, the IRS has made a form change for 1099-MISC. Non-employee compensation will now be recorded in box 1 on form 1099-NEC instead of 1099-MISC box 7. The form 1099 has also been redesigned.

Running a senior living facility requires adhering to a number of regulations, one of the most important of which is the Health Insurance Portability and Accountability Act, commonly known as HIPAA. Depending on the nature of your operations, you may need a HIPAA-compliant financial system today, or at a minimum, you may need one in the...

The healthcare industry has been experiencing exceptional change, which has caused many finance leaders to to evaluate their forecasting and reporting. As organizations navigate the crisis, they need strategies to re-ignite growth. A key part of that is staying on top of the clinical, financial, and operational data that can used to make...

The changes to our country with the COVID-19 crisis is unlike anything we have encountered in quite some time. What seemed unthinkable just a short while ago has become the new normal in just a matter of weeks. In the business community, that has created a need to shift very fast, adjust to very a very different way of operating. We...

Businesses that operate different lines of service will at times have a separate Chart of Accounts for separate companies. For instance, a business may distribute parts that they also provide service on, and have separate companies for each. The Distribution company would perhaps have a separate Chart of Accounts from the Service side.

When speaking with businesses evaluating Sage Intacct, a question we usually hear is "How many Dimensions come with the software?" This is not surprising – Sage Intacct’s Dimensions are one of the more well know and popular features, and many time businesses have heard of the great feature prior to speaking with a partner.

Sage Intacct has their Quarterly Release scheduled for the evening of Friday February 21, 2020. While logged into Intacct, you can click on the Home Page and view the Release Notes and even watch some release videos to learn more.

Operating a multi-entity organization across requires a flexible financial management system. Some ERP solutions achieve this through expensive add-on software tools and manual processes. Sage Intacct provides a foundation to handle complex multi-entity operations in real-time - even if those entities are all in different states. This...

Intellitec Solutions has hosted Client User Groups since 2004. Along the way, we have seen many clients benefit from the experience in a variety of ways. As we prepare for our 16th Annual event, we thought we would share the 5 main reasons our clients have told us they benefited from attending. 

Most software solutions have an option for a cloud based offering, and certainly that is the case with ERP. But while there is a growing trend to move traditional on premise based ERP software towards a hosted set-up, make sure you do not confuse these with a true cloud based solution like Sage Intacct or Dynamics 365 Business Central.

As a leading provider of General Ledger and ERP solutions for Long Term/Post-Acute Care facilities, Intellitec Solutions has been proud to assist over 450 locations make the best use of their accounting technology. But first and foremost, we see ourselves as a VAR, or Value Added Reseller. In fact, one accolade we always take great pride...

The Fitch Ratings September 2018 report cast a positive assessment for the continuing care retirement community (CCRC) market over the next year.  In its sunny outlook, Fitch cited that stable entrance-fee collections and robust marketing efforts have contributed to strong operations. The report did warn, however, that “…heightened

In this blog series, we covered how Sage Intacct can help streamline the reporting senior living facilities need to generate. We also discussed how Dimensions can help slice and dice your data to generate those reports. The next area we would like to discuss is how Sage Intacct can help

In our last blog post in this series, we talked about reporting. Again, reporting is probably the number one reason why facilities are looking for a new ERP system, they want a modern accounting system with modern reporting tools. One of the things we help our clients utilize is a

A look at how you can configure the report center in Sage Intacct to create reports using Dimensions. This video is a must watch for any Long Term Care Facility or Non profit considering...

We have been working in the long term care industry since 2005, and we have over 500 facilities around the country using our services currently. A common thing we see is facilities that come to us after they have been using a solution for 10 years or more and they're not able to

A question we are often asked as an Intacct partner is what exactly is the Dimensional Reporting capability in Intacct? Is it a different approach to the report writing functionality all ERP packages have, or does Intacct have something...