Sage Intacct became one of the leading financial management solutions on the market for lots of reasons: flexibility, advanced automation, intuitive features, complex accounting capabilities, and the list goes on. However, a compelling feature that distinguishes it from much of the competition is also one of the least understood – it’s open Application Programming Interface. In the simplest terms possible, open APIs allow one piece of software to communicate with another, like a shared language. Unlike many other ERP and accounting tools on the market, Sage Intacct offers an open API, meaning it encourages and facilitates integrating other products with itself. That might not sound particularly impressive, but in reality, it has game-changing implications.
Accelerate Digital Transformation
Digital transformation promises to streamline and optimize everything companies do by placing technology at the center of each department. It improves efficiency, transparency, and collaboration across all aspects of the enterprise, unleashing a new era of opportunity. Crucially, it also connects disparate departments, creating an organization that seamlessly shares information and collectively tackles initiatives. Sage Intacct’s open API accelerates digital transformation by enabling one critical software platform to integrate with all others. Without these developer-enabled building blocks, digital transformation slows down significantly.
Put the Focus on Finance
Once thought of as bean counters, the finance and accounting department now sits at the top of the organization. CFOs play a major role in developing an enterprise strategy, and few decisions happen without consulting finance first. Open APIs allow those inside of finance to integrate data from elsewhere – sales, marketing, logistics, operations – with everything inside Sage Intacct, empowering CFOs and accountants to learn more. Similarly, integrated software allows stakeholders in any department to access the data they need for sound financial decision making.
Avoid Unreliable IT
Without open APIs, software integrations often create as many problems as they solve because the link between systems isn’t nearly as robust. The accounting software may be able to share data, but there’s little guarantee the data is complete, accurate, or always accessible. In addition to the the poor performance, traditional software integrations tend to be expensive and time-consuming to build because developers have to painstakingly customize each aspect. Companies can avoid the perils of “incomplete integration” by using a system like Sage Intacct that’s purpose-built to harmonize with everything around it.
Unlock The Power of Data
With digital data pouring in from countless sources, companies can now analyze and understand things that have always been mysteries. But to get the deepest insights possible, they must be able to look at all the information available. Without an open API, data ends up segregated into silos and decision-makers end up with blind spots (or huge misconceptions) in their understanding. Open APIs turn Sage Intacct into a single source of truth – the one place people go to explore everything the data reveals.
Experts consider open APIs the gold-standard in terms of making software integration accessible for all involved. Yet Sage Intacct is one of the few enterprise-class accounting solutions out there that pushes openness to the forefront. If you share that priority, it may be time to reconsider your IT strategy and investigate where Sage Intacct fits in. Contact the experts at SSF to get started.