Financial automation has become a supportive tool that eliminates error-prone manual work, speeds up decision-making and frees up finance professionals to focus on strategy. This post shares some current trends reshaping financial management, and how solutions like Sage Intacct support financial management transformation.
1. REWRITING ACCOUNTS PAYABLE WITH INTELLIGENT DOCUMENT PROCESSING
Handling invoicing manually is a big source of delays and errors. Automating the entire Accounts Payable process using advanced software such as Sage Intacct results in fewer late payments, better relationships with suppliers and time savings for you and your finance team.
Take a closer look at Sage Intacct Accounts Payable automation in our overview video below:
2. ROBOTIC PROCESS AUTOMATION (RPA) + MACHINE LEARNING = IMPROVED RELIABILITY AND FEWER ERRORS
Using RPA for repetitive, time-intensive tasks like data entry, reconciliations and payment postings improves accuracy and save hours of time, while Machine Learning models excel in catching anomalies and learning from corrections. The two combined significantly reduce the risk of human error while reducing close cycle times.
Using a cloud financial management system like Sage Intacct allows you to automate accounts payable and receivable, consolidate multiple accounts in minutes and move towards a ‘continuous close’ as opposed to an end of month task – keeping your business running smoothly all month long.
3. PREDICTABLE CASH FLOW AND AI-POWERED SCENARIO MODELLING
Static forecasts become obsolete as machine learning ingests payment history, seasonal trends and patterns plus external signals to produce rolling, probabilistic cash-flow forecasts and comparisons of scenarios. This ability to see likely outcomes (and the actions that can change them) in near real-time improves planning and resource allocation.
Sage Intacct Planning users are avoiding unpleasant surprises, optimising working capital and pricing with more confidence thanks to advanced modelling, rolling forecasts and the ability to evaluate multiple options and variables simultaneously.
4. AUTONOMOUS DECISION MAKING SUPPORT
Tools are evolving from rule-based automation to context-aware, agentic systems that can propose actions, such as flagging suspicious payments, recommending a collection cadence, or drafting supplier communications. Generative models speed up reporting and analysis by producing narratives and summarising complex datasets, although it’s prudent to be wary of over-reliance and oversee manually from time to time.
Sage Intacct offers tools that help finance teams detect anomalies, such as the Outlier Detection feature in the General Ledger that compares new journal entries against historical patterns and flags unusual or suspicious entries.
5. STRONGER CONTROLS, AUDITABILITY AND REGULATORY COMPLIANCE
Automation creates detailed, reliable audit trails (e.g. timestamped actions and decision logs) that simplify compliance. Permission-based access to real-time dashboards enables Sage Intacct users to grant external auditors and stakeholders access to relevant data, reducing regulatory risk and streamlining the audit process. View more about Sage Intacct Dashboards and Reporting HERE.