Managing Construction with Sage Intacct

Managing a construction business is no small task. Financial executives in the industry juggle a complex web of challenges – from tracking project costs and maintaining cash flow to navigating ever-changing compliance requirements. The highly dynamic nature of construction means that budgets can shift unexpectedly, supply chain disruptions can cause delays, and labour shortages add further strain. Developers also must manage large-scale investments, monitor market fluctuations, and ensure financial transparency across multiple projects.

Disconnected systems and manual processes only exacerbate these issues, leading to inefficiencies, missed opportunities, and increased financial risk. In such a fast-paced environment, having real-time visibility into financials and operations isn’t just a convenience – it’s essential for survival and long-term success.

Sage Intacct Construction provides a cloud-based financial management solution tailored to the construction industry.

Innov8’s Head of Sales and Marketing, Gemma Rowley explains, “Sage Intacct is a highly desirable solution for construction companies due to its comprehensive, cloud-based financial management capabilities. It helps construction companies by providing real-time financial visibility, streamlining operations, and enhancing project management. With features like multi-entity consolidations and increased collaboration, it ensures that construction firms can manage their finances efficiently and make informed decisions.”

“Innov8 recommends Sage Intacct Construction because it is tailored to meet the specific needs of the construction industry, offering scalability and flexibility to grow with your business.”

As a trusted Sage Business Partner for over 25 years, Innov8 has the expertise and experience to ensure successful deployments and ongoing support.  We understand the unique challenges of the construction sector and are committed to providing solutions that drive efficiency and profitability.

Challenge vs. Solution

General Contractors

Challenges: Fragmented management, cost overruns, compliance, cash flow inefficiency.

Solutions: Centralised financial tracking, advanced budgeting, automated billing.

Specialty Contractors

Challenges: Complex job costing, billing issues, resource inefficiency, limited visibility.

Solutions: Accurate job costing, flexible billing, profitability dashboards.

Developers

Challenges: Tracking investments, budget overruns, lack of transparency.

Solutions: Performance reporting, automated budgeting, cash flow tools.

Home Builders

Challenges: Material costs, change order inefficiency, margin pressures, scaling.

Solutions: Real-time tracking, change order tools, scalable platform, detailed cost analysis.

Bringing it to life

Sage Intacct Construction is addressing these unique challenges already for Innov8 customers. Innov8 Business Development Manager, Jenny Denson works with multiple customers in the construction sector, and details how Sage Intacct Construction is helping, “We are working with an organisation in the construction sector who faced several challenges which their existing system – including a complex and time-consuming quoting process managed in Excel.”

“Sage Intacct Construction enables them to reduce this complexity and give them significantly more control of costs and improve the profitability on a project-by-project basis.”

“This customer was also using several disparate systems. This resulted in duplication of work, and no single end to end solution. Using Sage Intacct Construction is allowing them to bring all this data together into one system, which has had a significant impact on the operation of the business and also allows powerful reporting and access to information to enable them to make great business decisions.”