The education sector is rapidly changing, and institutions are facing unprecedented challenges in managing their financial operations. With the increasing demand for transparency, accountability, and compliance, education providers are seeking ways to modernise their financial operations and management processes. To meet these challenges, ION is partnering with Amazon Web Services (AWS) to offer Sage Intacct financial software to education providers.
For the IT Manager
Sage Intacct for education is a cloud-based financial management software specifically tailored to support the growing needs of education providers. A cloud-based financial management system with a comprehensive set of tools, Sage Intacct helps organisations manage and modernise their finances, automate processes, and gain real-time visibility into their financial performance. This system includes core features such as accounts payable and receivable, general ledger, financial reporting, and inventory management, as well as other powerful tools.
Hosted on Amazon Web Services’ cloud infrastructure, Sage Intacct is a software-as-a-service (SaaS) offering. Delivered over the internet, the cloud-based infrastructure eliminates the need for manual installation and maintenance on a user’s computer. By utilising AWS’s cloud-based operating system, Sage Intacct offers education providers the scalability, reliability, and security of Amazon Web Services, alongside the flexibility and accessibility needed to manage their financial operations.
Renowned for its reliability and security, AWS’s cloud infrastructure enables Sage Intacct to deliver scalable financial management services required for education providers to accelerate growth. AWS’s cloud-based hosting ensures that Sage Intacct is readily available 24/7 with high levels of performance, stability, and data protection. A key feature missing from legacy accounting software, this cloud operating system maintains data security and compliance with industry regulations, while providing institutions with the freedom to access their financial data from anywhere and on any device.
The partnership between Sage Intacct and AWS’s cloud services gives education providers the adaptability they need to be able to meet the demands of a rapidly changing education sector in a post-pandemic climate. Where education providers were once limited to a specific device manually installed with legacy software, the cloud-based nature of Sage Intacct offers institutions 24/7 remote access to their financial data for the first time. This provides the flexibility needed to adapt and respond efficiently to new situations and circumstances, such as the new ability to give read-only access to auditors, or the onboarding of new schools.
In addition to remote access, with AWS's cloud infrastructure, education providers can benefit from increased data security. The most flexible and secure cloud computing environment today, AWS’s cloud-based network is purpose-built to protect both data and devices. This highly secure network provides institutions with the tools to ensure data privacy, comply with regulatory requirements, and implement a robust disaster recovery plan. Not only does this minimise the security risk of on-premise legacy systems being taken offline, it allows education providers to focus on their core mission with the assurance that their financial data is both accessible and secure at all times.
For the Finance Team
On top of the cloud-based infrastructure, there are several benefits of using AWS and Sage Intacct for education providers. With Sage Intacct, education providers can streamline their financial management and reporting processes, ultimately saving time and reducing costs. For example, with legacy software a financial officer might spend hours tasked with adding a new school to their existing financial management system. In comparison, Sage Intacct’s powerful automated solutions allow new schools to be set up and seamlessly integrated in a matter of seconds, both saving time and freeing up resources for other areas.
In addition to streamlining and optimising time-consuming processes, Sage Intacct’s powerful reporting and analytics capabilities alleviate the complexities of financial reporting. With comprehensive reporting tools and budget management systems in place, the software enables institutions to gain deep insights into their financial performance and make data-driven decisions to improve their financial health.
Designed to provide reliable and stress-free accounting solutions, Sage Intacct’s partnership with financial technology experts, ION, ensures that the implementation process is just as seamless and efficient as the software itself. A team of industry-leading financial infrastructure specialists, ION offers implementation services to education providers taking the next step in upgrading their financial management software. The implementation process includes data migration, software customisation, training, and ongoing support to ensure a seamless transition and provide software users with the confidence and personalised support they need to easily navigate a modernised accounting system.
With the help of ION, not only is installation quick and seamless, ION’s team of specialists also provide consultation services to ensure that Sage Intacct is specifically tailored to suit the individual needs of each institution. Both ION and Sage Intacct understand that every organisation is different and will have a different set of financial needs. Together, Sage Intacct offers highly customisable tools, and ION provides the expert guidance needed to tailor them to suit specific needs such as using customised purchase workflows to find a purchase process that works for your MAT. With over 20 years of extensive experience working with education providers, ION’s services ensure that institutions have the specialised support they need to benefit from the full advantages offered by Sage Intacct.
In conclusion, education providers can benefit greatly from the partnership between ION & AWS by enabling them to upgrade to the financial management software they need to meet the ever-changing demands of the education sector. ION offers the expert knowledge to upgrade you from your legacy systems to Sage Intacct’s cloud-based accounting software that will provide comprehensive tools for financial management, process automation, and real-time visibility into financial performance. ION’s consultation services support the customisation of the software to suit an institution’s specific needs, while AWS’s secure and scalable cloud infrastructure ensures data security, compliance, and accessibility at all times. By partnering with both ION and AWS, education providers can streamline their financial management processes, reduce costs, and make data-driven decisions to improve their financial health and make lasting change.