IDU announces an expanded partnership with Sage to integrate IDU-Concept with Sage Intacct in Australia.
IDU, a leading financial planning and analysis software company today announced an expanded partnership with Sage to extend its integration between IDU-Concept and the Sage Intacct cloud financial management system to the Australian market. IDU-Concept is now listed on the Sage Intacct Marketplace in Australia, adding to its previous listing in South Africa.
The integration seamlessly connects Sage Intacct's general ledger data to IDU-Concept's robust planning and reporting capabilities, giving finance professionals instant access to crucial information and allowing businesses to react faster to changing market conditions. It also increases cost-centre managers' involvement, empowerment, and ownership of the numbers.
The IDU and Sage Intacct integration allows customers to:
Automate the budgeting process saving time, reducing errors and improving accuracy and efficiency.
Connect strategic, financial, departmental, and operational plans in real-time, significantly improving collaboration and accountability.
Automate the imports of Journal Entry detail from Sage Intacct into IDU; this can be scheduled or run on-demand.
Forecast across multiple departments, business units, entities and regions.
"We see the partnership and the integration with Sage Intacct as highly beneficial for our joint clients," said Kevin Phillips, CEO & Founder of IDU. "Like us, Sage is an innovative company offering leading financial management solutions based on cloud technology. IDU has been listed on the Sage Intacct Marketplace in South Africa since June 2022, and we are delighted to extend this partnership to include Australia as well."
Now more than ever, businesses rely on their finance teams to provide strategic insight and direction to drive business growth. The integration between IDU-Concept and Sage Intacct streamlines the planning process and empowers business managers to understand, control and account for their budgets more effectively.
“The integration between IDU-Concept and Sage Intacct is designed to help companies looking to simplify and streamline their budgeting, forecasting, and variance analysis,” said Melody Williams, Sage’s Head of Business Development for Sage Intacct. “We are excited to see IDU expand their integration into new markets, and look forward to the benefits this will provide to our joint customers in Australia.”
IDU and Sage deliver incredible value to users by empowering finance teams with deep functionality that automates complex processes and provides deep financial and operational insights to help companies grow.
IDU was created in 1997 by accountants and financial systems specialists to deliver innovative software solutions for budgeting and financial reporting across all standard ERP and financial systems. The flagship product, IDU-Concept, is specifically designed to simplify and speed up financial management with budgeting, forecasting & reporting tools that are accessible to non-financial managers.