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Sage Group, a UK based software company purchasedIntacct in 2017 and merged it with its cloud financial management offerings. Sage Intacct, a cloud-based financial management system with advanced accounting capabilities, helps companies manage their financial and operational data all from one place.

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Sage Intacct offers customizable product offerings under different categories like accounts and financials, planning and budgeting, and HR and people management. The platform also advertises solutions for a wide array of industries including construction and real estate, nonprofits, financial services, health care, hospitality, biotech, and professional service-based businesses, among others. An open application programming interface allows users to integrate with a variety of third-party apps. According to Sage Intacct, most users connect at least two other apps to their system.

Sage Intacct helps businesses automate workflows and revamp their financial management strategies, by offering something more than a standard accounting software product. It lets businesses customize approval workflows, establish spending limits for different departments and locations and automate fixed asset management. The system can also accommodate businesses with multiple locations across the world by handling currency conversions and local tax reporting.

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