The general ledger has long been the core of accounting, but many of the processes involved, like manual data entry and month-end closes, are time-consuming. This article highlights how Sage Intacct is using artificial intelligence (AI) and automation to modernize these operations, helping empower finance professionals to shift from routine tasks to strategic leadership.
AI & Automation Are Reshaping the General Ledger
Sage Intacct has introduced advanced tools that can help automate tasks and reduce manual errors. Together, these capabilities can help finance teams transform their operations.
Key Sage Intacct AI Features
- AP Automation: Streamline invoice processing with AI that learns your coding preferences, can reduce manual data entry, and can help prevent duplicate payments.
- Outlier Detection: Automatically identifies and flags unusual transactions to help safeguard your financial data.
- Copilot: An AI-powered assistant that can help with variance analysis and subledger reconciliation, and can answer user questions in real time.
- Variance Analysis: Quickly spot differences between expected and actual results.
- Subledger Reconciliation: Automate comparison and reconciliation between subledgers and the general ledger for a faster close.
Building Trust in AI Through Transparency & Governance
Adopting AI in a high-stakes environment, like finance, requires confidence. Sage Intacct has spent more than a decade developing its AI with a “trust but verify” philosophy, which is embedded in its AI Trust Label framework. This framework lets users understand how AI decisions are made, what data is being used, and how privacy and compliance are maintained. By focusing on transparency, bias prevention, accuracy, ethical standards, and explainability, Sage Intacct fosters user confidence to help drive adoption and unlock the full potential of automation.
A Strategic Road Map for Scalable AI Adoption
Integrating AI doesn’t require an all-at-once overhaul. You can start small by defining clear goals and piloting specific tools, then gradually expand AI capabilities across your organization. Sage Intacct can help:
- Define clear objectives: Identify potential pain points and what you hope to achieve with AI.
- Pilot proven tools: Start with features like AP Automation or Outlier Detection to address your immediate needs.
- Measure and refine: Track results and adjust your approach for meaningful impact.
- Scale implementation: Expand your use of AI across departments as your confidence grows.
- Stay up to date: Take advantage of ongoing enhancements in forecasting, cash management, and purchasing automation.
How Forvis Mazars Can Help
Navigating AI and digital transformation can be challenging. As a certified Sage partner, Forvis Mazars can assist you on your digital transformation journey. If you’re ready to explore how Sage Intacct’s AI capabilities can modernize your finance operations, connect with our team to schedule a personalized demo.
Watch our archived webinar, What’s New With GL Technology? Sage Future Learnings, for more information.