Sage today announced a new wave of AI-powered automation and industry innovations for Sage Intacct. With updates that improve accuracy, reduce reconciliation effort, and simplify contract, fundraising and project workflows, Sage Intacct is helping finance teams make smarter decisions with less manual effort.
As finance teams face growing pressure to do more with less, Sage Intacct continues to evolve to meet the needs of modern, high-performing finance functions. This release brings together innovations that accelerate the close, streamline processes, reduce manual work, and integrate key operational systems, while helping leaders drive better outcomes for their organisations.
Empowering High-Performance Finance Teams Under Pressure
According to Sage’s The Secrets of Successful CFOs report, 69% of CFOs say they are juggling too many responsibilities, 87% regularly feel stressed, while more than half (51%) are already leveraging AI-powered tools built for financial workflows. The path forward is clear, automation is key to reducing pressure, unlocking greater efficiency, and giving finance leaders the visibility and confidence to lead proactively and plan for the future. These latest enhancements deliver AI-powered automation that supports high-performing finance teams by reducing friction, streamlining the close process, and equipping leaders with the clarity and confidence to act decisively.
Delivering AI-powered automation and industry-specific innovations
This release brings a range of updates that show how Sage is continuing to invest in a smarter, more connected experience for modern finance teams. From strengthening fundraising capabilities for nonprofits to simplifying healthcare reporting and automating reconciliation for growing businesses, Sage Intacct’s latest updates are designed to empower finance teams with the time, clarity, and confidence needed to drive smarter financial decisions. These updates Include:
- Copilot Close Assistant: Simplifies the month-end close with proactive tracking and a centralized summary view of all critical tasks. This gives finance teams real-time visibility into close progress across subledgers and general ledgers, enabling faster issue resolution, smoother collaboration, and a more efficient, predictable close.
Availability: GA in the US and UK
- Copilot Subledger Reconciliation Assistant: Automates reconciliation reporting, highlights variances and provides drill-down insights for faster issue resolution. With improved transparency and reduced manual checks, teams can catch discrepancies earlier and close books with confidence.
Availability: Early Adopter in UK and US
- Sage Intacct Fundraising powered by DonorPerfect: Connects donor data and financials to optimize fundraising strategies and build donor relationships. Nonprofits using the solution have reported an average 25% increase in funds raised in their first year and double-digit growth for years thereafter, driven by unified reporting and real-time visibility into campaign performance.
Availability: GA in US and Canada
- Automated WIP Relief: Automatically moves WIP balances upon project completion, improving alignment of costs and revenue. For service businesses, this reduces the risk of misstatements and speeds up the financial close with accurate, automated journal entries.
Availability: US, UK, Canada, South Africa, Australia
- Sage Intacct EMRConnect Dashboards: Offers operational and financial insights for healthcare providers. With real-time access to key metrics like clinician efficiency and occupancy rates, finance leaders can proactively manage costs and drive operational efficiencies with data-driven decisions.
Availability: US only
- Contract Summary Tab: Consolidates key contract data into a single view, giving teams clear insight into billing, purchasing, and project details. This reduces inefficiencies, mitigates risk, and empowers faster, more informed decision-making.
Availability: US, UK, Canada, South Africa, Australia
- Tessitura Ticketing Connector: Integrates ticketing and financial data for arts and culture organisations. With this connected solution, billing and payment data flow effortlessly between systems, eliminating manual entry, improving accuracy, and providing a 360-degree view of an organization’s financial health.
Availability: US only
- Goods and Services Tax support for New Zealand and Singapore: Delivers local tax setup and reporting capabilities. With automated GST configuration, businesses can maintain compliance with ease and scale confidently into new markets.
Availability: Early Adopter in New Zealand and Singapore
Zoom Workplace Apps Vulnerabilities Enable Escalated Privileges Among Other Attack Vectors
Posted in Commentary with tags Zoom on May 13, 2025 by itnerdIt is being reported that Zoom has disclosed multiple vulnerabilities impacting its Workplace apps, across its various platforms, that pose significant risks such as privilege escalation, denial-of-service (DoS) and remote code execution.
Jim Routh, Chief Trust Officer at Saviynt had this to say:
“Cyber professionals are considering the need for deep fake detection and prevention impacting virtual meetings today. It turns out that the software defects/vulnerabilities announced recently in Zoom Workplace are far more critical at this time.
DoS and remote code execution vulnerabilities have the potential for significant business disruption with the potential for ransomware exploits. Software resilience for enterprise software companies is achievable with more maturity in the development process to identify and remediate race conditions.”
Erich Kron, Security Awareness Advocate at KnowBe4 follows with this:
“Given the number of people that use and rely on Zoom for their organizations’ day-to-day activities, this type of flaw could be very significant. Deepfake audio and video have already been an issue, and in this case having a Zoom meeting initiated from a legitimate account could be the difference between a person believing the caller and not believing them. Fortunately, in this case, exploiting is not something that can be done easily remotely, so physical access is required. However, it demonstrates what may be possible with other future vulnerabilities that could be remotely exploited. Due to the proliferation of deepfakes and live action scams, as opposed to just email phishing, organizations would benefit from ensuring their HDR program includes a focus on ways to ensure the caller is legitimate.”
This is really not good. Now that these are out there, threat actors will be trying to exploit those who do not update ASAP. And that’s the key to keeping safe. If you use Zoom, you should update your Zoom client ASAP.
Leave a comment »