- Accounting, Healthcare, Sage Intacct
Finding it challenging to manage finances in healthcare? You’re not alone. Teams in this sector face increasing pressure to deliver accurate reporting, maintain compliance, ensure funding is allocated effectively, and support long-term organisational goals. Add to this the complexity of overseeing multiple facilities, funding sources, and service lines – while keeping patient care as the top priority. It’s clear that healthcare organisations need tools built for their unique challenges.
That’s where Sage Intacct comes in. Sage Intacct is a cloud-based financial management software trusted by leading healthcare providers across the UK and Ireland. It delivers real-time insights and the flexibility to grow and adapt in a rapidly evolving environment. Whether you’re part of a private care group, a non-profit organisation, or a social care provider, Sage Intacct helps manage complexity, reduce risk, and enable confident decision-making.
In this blog, we’ll outline Sage Intacct it supports smarter financial management for healthcare organisations, and why it might be the solution your team has been waiting for.
1. Gain real-time visibility with financial management software
One of the most significant challenges for healthcare finance professionals is having access to timely, accurate financial data. When decisions are based on outdated spreadsheets or siloed systems, it’s difficult to see the full picture.
Sage Intacct provides real-time dashboards and reports that consolidate data across departments, locations, and funding sources. Finance teams can instantly view:
• Budget vs actuals by programme or department
• Costs per bed, ward, or facility
• Income from multiple funding streams (e.g. public, private, grants)
• Custom KPIs tailored to your organisational goals
This level of insight allows decision-makers to act quickly, monitor financial health, and ensure funds are used where they’re needed most.
2. Strengthen compliance and audit readiness
Healthcare providers must meet a wide range of compliance requirements, from financial reporting standards to donor and grant regulations. Sage Intacct simplifies compliance with:
• Pre-built reports aligned to industry standards
• Automated audit trails for every transaction
• Granular permission settings for tighter control over who can access or modify data
• Role-based dashboards to help every team member stay aligned and accountable
Whether you’re preparing for a year-end audit or reporting on grant usage, Sage Intacct provides the documentation and traceability needed to meet internal and external requirements with confidence.
3. Improve grant and fund management
For non-profit healthcare organisations and those managing a combination of funding sources, accurate grant tracking is crucial. Mismanaging restricted funds can lead to compliance issues, funding delays, or reputational damage.
Sage Intacct enables finance teams to track grants, donations, and restricted funds separately from general operating budgets. Each fund can be:
• Tagged and reported on individually
• Tracked across fiscal years
• Allocated to specific programs or departments
This ensures compliance with grant conditions and gives stakeholders clear visibility into how funds are being used.
4. Enable confident, data-driven decision-making
In healthcare, financial decisions have a direct impact on service delivery. Whether you’re planning to open a new clinic, expand a service line, or adjust staffing levels, you need accurate financial insights to support your strategy.
Sage Intacct gives you:
• Scenario planning tools to model different outcomes
• Customisable reports that align with your KPIs
• Drill-down capabilities to explore transactions and trends at a granular level
This helps you move from reactive reporting to proactive decision-making – supporting both operational agility and long-term planning.
5. Save time with automation and integration
Manual data entry and disconnected systems slow down processes and increase the risk of errors. With Sage Intacct, many of your finance team’s repetitive tasks can be automated:
• Accounts payable and receivable
• Purchase order workflows
• Expense approvals
• Reporting and month-end close
In addition, Sage Intacct integrates with other healthcare systems, HR platforms, and business tools – giving you a single source of financial truth while reducing duplication.
6. Scalable for growth and change
Healthcare organisations are evolving quickly. From mergers and acquisitions to new service models and regulatory changes, finance systems must be able to adapt.
Sage Intacct is built for flexibility. Whether you’re operating a single care facility or managing multiple sites, its multi-entity and multi-location capabilities make it easy to:
• Consolidate data across entities
• Maintain separate charts of accounts where needed
• Roll up reports for group-level visibility
You can add new entities or departments without starting from scratch, supporting growth and change without disrupting financial operations.
7. Proven results in the healthcare sector
Healthcare providers using Sage Intacct report significant improvements, including:
• 40% faster month-end close
• 80% reduction in manual processes
• 360-degree visibility across departments and programmes
These outcomes are more than just numbers – they represent finance teams that are more empowered, more efficient, and better able to support the needs of the organisation and the patients it serves.
Final Thoughts
Healthcare finance professionals face some of the most complex and high-stakes financial challenges. With Sage Intacct accounting software for the healthcare sector, they have a solution built for their needs; one that delivers real-time insights, enhances compliance, simplifies grant tracking, and supports confident decision-making.
If your organisation is ready to move beyond outdated tools and gain better control over your financial future, Sage Intacct is worth exploring. Reach out to us for more information.
About the Author
Chris Hawley
Chris is the Managing Director at The Noledge Group and brings over 34 years of experience delivering ERP solutions across industries like retail, distribution, manufacturing, and construction. During his 24 years at Sage, he worked with nearly every product and notably transformed Sage 200 as its Product Manager, turning it into a leading solution for SMEs in the UK and Ireland. Chris takes pride in the continued success of Sage 200, supported by Sage Business Partners like Envisage.
