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ATLANTA, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), today announced new innovative AI-driven tools and automation features for Sage Intacct. These latest enhancements help finance teams save time, get trusted insights faster, and focus on growth by simplifying compliance, enhancing decision-making, and improving operational efficiency.
Introduced into Sage Intacct in December 2024, Sage Copilot, a generative AI-assistant for accounting, has rapidly evolved with direct feedback from customers* to deliver new AI-driven capabilities that enable finance teams to streamline critical workflows and improve month-end close efficiency. Now with features like Search Help, Variance Analysis and Close Assistant, Sage Copilot reduces administrative burdens, provides real-time insights, and simplifies financial management. With AI-powered analysis and proactive alerts, finance professionals save time, budget owners gain real-time spending insights, and accounting teams close the books more accurately and confidently.
“The automation and AI-driven insights from Sage Intacct have allowed us to cut processing times in half and significantly reduce manual errors,” said Christian Mulvihill, CFO at Greenidge Generation Holdings. “Beyond saving time and money, these tools have enhanced the accuracy and reliability of our financial data, enabling greater collaboration across teams and more confident decision-making. It’s transformed how we operate and plan for the future.”
Simplify Finance with AI and Automation
According to Sage's report "AI: The opportunity for CFOs", 86% of finance leaders have already incorporated AI into their operations, but only 49% use specialised AI solutions designed explicitly for finance. Despite this, more than three-quarters (77%) of finance leaders recognize AI as a partner that enhances job satisfaction and enables more strategic operations.
"Applying AI in a way that drives real impact can be challenging for many SMBs, but these latest enhancements demonstrate how it can deliver tangible results,” said Susan Vincent, Managing Director, Baker Tilly. “As a Sage partner, these advancements help our customers gain real value while driving our growth, strengthening customer relationships, and positioning us as trusted advisors in a competitive market.”
To address the increasing complexity of financial operations — where manual processes and data silos can slow decision-making, Sage is also expanding automation with the latest enhancements, including AP Automation with Purchasing. This helps finance teams reduce manual effort, improve accuracy, and gain contextual insights. With organizations already processing more than 24 million invoices, valued at over $10 billion and saving them 3-million hours, these latest advancements allow them to further focus on strategic goals, streamline complex workflows, and eliminate the bottlenecks.
"In speaking with customers daily, it's clear that time is their most valuable commodity," said Dan Miller, EVP Financials and ERP Division at Sage. "It isn't just about driving more efficiency, it's about giving them space to focus on moving their business forward and driving growth and these latest updates are about putting more time in their hands. By helping them to save hours during the month-end while providing faster insight into business performance, they can make confident, data-driven decisions that propel their businesses forward."
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