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Sage Intacct For Entertainment Industry

Sage Intacct is a best-in-class solution that offers rapid-fire innovation to scale your film production operations. Get insights into your finances, streamline workflow, and fuel business growth with a strategic ERP software.

What is Sage Intacct For Entertainment Industry?

Sage Intacct for Entertainment Industry

Sage Intacct for entertainment industry is a specialized software that supports the management of complex production projects & resources and provides a scalable platform to gain comprehensive insights into different business aspects.

Sage Intacct is an elegant & insightful solution for the entertainment & movie production industry. It offers end-to-end visibility into project accounting, expedites labor-intensive processes, and accelerates project billing.

Sage Intacct provides the kind of flexibility & customizability needed to meet the dynamic challenges in your industry. It offers consolidated reports & dashboards, and solid integration with your existing tools to serve your unique business needs.

Next-gen Capabilities of Sage Intacct for Film Production Businesses

Contract Revenue Management

Simplify complex revenue recognition and billing processes, automate expense amortization schedules, manage usage-based billing costs, and handle contract changes.

Sage Copilot

Take advantage of AI in ERP to automate routine accounting operations, improve financial accuracy, and accelerate the month-end closing process.

Multi-entity Management

A new era of financial management to oversee everything, including intercompany operations, get consolidated financial reports, and support for multi-currency requirements.

Manage Your Production Finances with Sage Intacct For Entertainment Industry

Move beyond disconnected legacy tools, and adopt a flexible & efficient tool to power your production activities and take care of your finances

A comprehensive platform to manage your projects & budgets, track costs, allocate expenses, and streamline payments with AP automation.

Dashboards-Reporting-fs

Manage costs for all expenses, including crew wages, equipment rentals, VFX, and lighting. Develop strategies to keep costs under control.

Dashboards-Reporting-fs

Compare budgets vs actuals, track profit margins, identify areas for improvement, and optimize costs.Multi-entity-Insights-fs

Automate manual tasks (such as approval workflow) in the reimbursement process, and simplify claims for reimbursement for travel, lodging, catering, and equipment rental.

Billing-fs

Ensure compliance with global accounting standards & industry regulations, prevent violations, enhance brand trust, and reduce the risk of non-compliance.

Platform-fs

Improve Your Production Bottomline with Sage Intacct for Entertainment Companies

Why Sage Intacct is Better than Other Leading Solutions?

Let’s deep dive into key reasons why Sage Intacct has become the preferred choice for Indian and global production houses.

Sage Intacct Others
Cloud-native ✔️ ✔️
Multi-entity Global Consolidations ✔️ ✔️
Dimensional Accounting ✔️
Pre-configured Industry-tailored Functionality ✔️
(Tailored for diverse industry needs)

(Lacks industry focus)
User Interface Modern, intuitive & user-friendly Complex
(Requires a deep learning curve)
Deep Integration Capabilities Robust integration with third-party tools Limited integration
Level of Customization Highly customizable to meet your unique business needs Limited customizability
Updates Frequently updated Infrequent & delayed updates
Industry Focus Small, medium, and large enterprises Primarily large enterprises with substantial funding

Advantages of Sage Intacct for Entertainment Companies

Sage Intacct for Film Production

Sage Intacct is a best-in-class solution that offers rapid-fire innovation to support your movie production business. Here’s how:

  • Gain market-leading capabilities to capitalize on new opportunities and cost-saving benefits
  • Deliver rich financial insights and visual analytics with Business Intelligence Tools for informed decision-making
  • Manage employee benefits, payroll, and contract-based payouts
  • Collaborate on diverse projects in real-time, allocate labor & resources
  • Spot potential cost overruns and avoid financial mismanagement
  • Grow your business without worrying about increased data loads & resource needs

What Makes Sage Intacct a Preferred Choice of Film Production Houses?

Sage Intacct is a one-stop solution to unlock your company’s full potential and develop a clear strategic framework. Invest in innovation and a modern technological solution that aligns with your growth plan.

1. Accounting without Borders

Supports global compliance reporting through its multi-country, multi-currency, and multi-company capabilities. The finance module in ERP automatically translates foreign cash flows into your primary currency so that your staff can focus on more productive operations.

2. Drill Down into Your Financials

Easily drill down into your company’s financials, measure financial performance, compare targets vs actuals, and perform profitability analysis. Sage Intacct for Film Production significantly improves the level of accuracy of your budgets & forecasts.

3. Sage Intelligence

Pull down data from different Sage solutions, and get multi-dimensional reports through intuitive charts, reports, and customized dashboards. Analyze a vast amount of data, and get meaningful insights (such as trends & patterns).

4. Scalable, Cloud-based Solution

Take advantage of the modern technological infrastructure to boost your efficiency, improve accuracy, and enhance data accessibility. With Cloud ERP, your data is stored on the cloud so that you can access it anytime & anywhere.

5. Seamless Data flow

Streamline workflows across different business departments. Get real-time insights into different business aspects. Use the built-in tools to fuel your business growth and accelerate your revenue stream.

Empowering Your Business with Industry-Focused Solutions

Whichever industry you operate in, your business has its own distinct requirements. Why then go with standard solutions? Sage Intacct is designed to meet the specific needs of your industry.

Frequently Asked Questions (FAQs)

Here are some ways Sage Intacct supports the growth of the Indian entertainment industry:

  • Project-based Accounting: Track project costs and streamline billing operations
  • Project Tracking: Get deep insights into project performance & profitability
  • Strategic Insights: Derive actionable insights to improve financial wellness and support decision-making
  • Streamline Manual Processes: Automate traditional labor-intensive processes to save your time and free up employees
  • Customizability: A highly customizable solution that can be tailored to meet your specific business needs
  • Cloud-based Solution: Store data in the cloud and manage it anywhere, anytime

Here’s how Sage Intacct streamlines project-based accounting:

  • Automatically generate real-time, dynamic reports
  • Manage employee payroll, royalty payments, and rights management
  • Compare budget vs. actual and identify potential cost overruns
  • Streamline billing & schedules, and ensure industry compliance
  • Manage revenue stream for ad sales, tickets, and royalties

Sage Intacct automates currency conversions to free up your staff for more productive operations. It offers flexible entity management for entities with single or multiple base currencies. It handles your inter-entity transactions, reducing complexities in your business operations.

The following are the AI-powered features of Sage Intacct for entertainment companies:

  • AI-powered Adaptive Insights: Enjoy robust integration with other legacy tools for AI-powered adaptive insights through advanced reports and custom dashboards.
  • AP Automation: Streamline payment processing, automatically extract data from invoices, flag redundancies, and boost your efficiency.
  • Intelligent GL Outlier Detection: Identify anomalies in the general ledger, flag suspicious transactions, and reduce the chances of human errors.

The following is the implementation timeline for Sage Intacct:

  • Planning & Meetings: The ERP implementation begins with thorough planning and meetings that define the scope & level of implementation, as well as project goals.
  • ERP Selection: The next step is to choose the best ERP software that meets the specific industry requirements and aligns with the organizational budget.
  • Configuration & Customization: As the requirements of each company vary, the ERP needs to be customized for those specific needs.
  • Deployment (Big Bang/ Phased Rollout): The ERP is either deployed with a Big Bang or a Phased Rollout strategy.
  • Employee Training & Support: Comprehensive training and support are provided to employees to utilize the ERP efficiently and enhance productivity.

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