Are you doing research on upgrading to a better approach for preventative medicine practice bookkeeping? You’ve probably come across Sage Intacct as you’ve learned about what practices in your area are using for preventative medicine practice tax planning and accounting. You may now be wondering what you could learn from a preventative medicine practice accountant with familiarity with the platform. So, let’s discuss some of the features of Sage Intacct that could potentially benefit your practice.
Why Sage Intacct Is a Popular Choice for Preventative Medicine Practice Bookkeeping
Sage Intacct is something of a superstar platform in the medical world due to its HIPAA-compliant options, breezy account charts, and pro-collaboration design. Healthcare providers looking to upgrade to a more data-driven platform may be interested in the automated features of Sage Intacct. It’s possible that you’ll be able to use these features to cut turnaround times on things like data entry, billing, and file reconciliation. Sage Intacct also provides reports for forecasting and budgeting. That means that you may already be ahead of the game when you meet with your preventative medicine practice accountant to work out things like taxes or growth planning. It may be necessary to seek preventative medicine practice CFO business advisory services to cover the full scope of how the platform may benefit your office.
Features That May Help to Run an Efficient Practice
Sage Intacct really excels at offering high-tech features in a very user-friendly platform. In fact, your accountant will likely glide from dashboard to dashboard intuitively to upload, update, and share data. Here’s a look at what Sage Intacct offers for managing your core financials on the same platform you use for everything else:
- Cash management
- Accounts payable (AP)
- Accounts receivable (AR)
- Purchasing
Sage Intacct powers it all using beautiful dashboards that are easy to navigate. These dashboards are actually great tools for collaboration within an office. In fact, you’re able to communicate within the platform when you need clarification or action regarding accounts, journal entries, projects, and invoices. That can be beneficial for making sure the right people see relevant annotations at the right time.
Sage Intacct may make it possible to break free from a hard-coded system that’s leaving your practice feeling trapped. Unfortunately, systems that require you to utilize complex code combinations often waste time. By contrast, Sage Intacct only requires you to set up primary codes. You will then simply tag transactions or data using Sage Intacct’s dimension values. That means that all transaction points from your general ledger to your AP page will carry over the dimension values you’ve set without the need for complicated coding. It’s often easy to optimize these features for your practice with help from a preventative medicine practice CPA.
Budgeting and Planning Are Represented
Sage Intacct allows you to make the leap to cloud planning for things like preventative medicine practice tax planning, growth planning, and budget planning. You may really appreciate the version control provided on documents and files. You may also find that it’s suddenly easier to share information with your staff and outsourced preventative medicine practice CPA.
Explore Sage Intacct With a Preventative Medicine Practice Financial Adviser
It’s impossible to cover all of the features of Sage Intacct in just a snapshot. That’s why it may be a great idea to sit down with a preventative medicine practice CFO business advisory team to see how Sage Intacct could be integrated into your operations. At Fusion CPA, we offer accounting, bookkeeping, and tax planning services for medical practices. Our team may be able to assist you with adopting, integrating, and managing this platform to create an optimal accounting and tax strategy at your practice. You can learn more about our services by clicking the button below to schedule a complimentary discovery call today!
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This blog article is not intended to be the rendering of legal, accounting, tax advice or other professional services. Articles are based on current or proposed tax rules at the time they are written and older posts are not updated for tax rule changes. We expressly disclaim all liability in regard to actions taken or not taken based on the contents of this blog as well as the use or interpretation of this information. Information provided on this website is not all-inclusive and such information should not be relied upon as being all-inclusive.
