Sage is moving its construction software into the cloud. It has introduced Sage Intacct Construction, which it says carries the functionality of Sage 300 Construction and Real Estate (Timberline) into the cloud. 

The software company has faced a challenge in this market from Acumatica, which introduced its Construction Edition in 2018 and signed up most major Timberline resellers quickly. However, Sage Intacct says its new product will bring the market a construction package with features it is known for, such as multi-entity consolidation, along with dimensional reporting.

Stuart Langer, director of product management, financial applications, said recently the construction market has been resistant to cloud software. But that is changing. ”It  an industry that is relatively new to cloud adoption,” Langer said.  “We are now seeing a generational shift” as new generations take over construction businesses, he continued.

The new Construction package is first aimed at  “general contractors with limited self-performing capabilities as well as production home builders,” Langer said. 

Expansion is partly in the hands of third parties.  For example, Langer said the Intacct payroll partners do not yet have fully construction complaint applications. By year’s end, Intacct will have introduced “big things around retainage and change management in the latter part of year,” Langer said. He also expects “by then we will have Sage Estimating fully integrated.” 

That will enable Sage to address broader kinds of general contractors and specific subcontractors with the new application.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Last modified on Monday, 16 March 2020
Read 460 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline