The Ultimate Guide to Construction Financial Management | hh2.com

How hh2 Integrates with Sage Intacct

Written by hh2 | Sep 26, 2024 1:30:00 PM

Many construction companies use accounting software like Sage Intacct to improve their payroll process or expense management. While this tool can increase efficiency and give you greater visibility into your company’s financial health, its features are enhanced when integrated with relevant construction software, including hh2’s Remote Payroll and Document Flow. See how integrating these two platforms can simplify your accounts payable and payroll processes while improving your financial reporting. 

Sage Intacct: What It Is and Its Role in Financial Management 

Sage Intacct is a cloud-based accounting and ERP (enterprise resource planning) software. It helps construction companies and contractors improve their financial management by offering real-time visibility into your financial health while streamlining your payroll and accounting operations through automation and advanced technology like AI.  

Sage Intacct offers robust financial capabilities for the construction industry, including: 

  • Accounts Payable (AP) and Accounts Receivable (AR): Sage Intacct uses AI-powered data capture to extract information from bills, receipts, or invoices automatically. It can reconcile data against financial statements, create recurring invoices, and more to streamline your operations and improve cash flow management.  
  • Financial Reporting: Sage Intacct’s dashboard and reporting features transform your construction data into beneficial financial reports, allowing you to gain greater visibility and develop critical insights to improve your company’s performance.  
  • Multi-Entity Management: This software automatically centralizes your multi-entity financials into a single account for more efficient management and reporting.  

Challenges of Using Sage Intacct Without Integration  

While Sage Intacct offers impressive automation and financial capabilities to contractors and construction companies, it’s difficult to gain the software’s full benefits without the right integrations. For instance, if your business is interested in accurate financial reporting to inform business decisions, you need to ensure all your key data is integrated. Otherwise you run the risk of incomplete datasets and lower-quality reports.  

The same applies to AP and AR processes, where a lack of integration could risk inefficiencies, errors, or a more disjointed workforce. Sage Intacct doesn’t offer solutions for managing construction time cards, receipts, or invoices — meaning you may still need to use multiple systems to manage payrolls and cash flow. Transferring data from another system into Sage Intacct manually is time-consuming and more likely to be error-prone than if your systems were fully integrated.  

hh2 Solutions to Integrate with Sage Intacct 

Now that you understand that integration with other systems can enhance Sage Intacct’s features, here are two essential integrations your construction company should consider: hh2’s Remote Payroll and Document Flow.  

What is Remote Payroll? 

hh2’s Remote Payroll is cloud-based construction time tracking and management software that helps you capture, code, route, and approve time faster. It offers flexible time tracking options, including mobile apps and geo-tagged punch clocks, to ensure accuracy out in the field. Additionally, once construction staff enters time, it automatically syncs with your accounting system, eliminating manual data entry and human errors while speeding up your payroll process. Remote payroll also lets you create custom approval paths to further streamline workflows. 

What is Document Flow? 

Document Flow, hh2’s construction AP automation and financial reporting software, helps you manage construction expenses and invoices without the hassle of paper or spreadsheets. It offers web-based and mobile app solutions that auto-convert receipt and invoice data from documents, emails, images, or spreadsheets into PDFs for faster and more accurate coding, routing, and processing. Document Flow centralizes AP data for greater visibility into your expenses and offers workflow customization for a more efficient routing and reconciliation process. 

Why Integration is Critical 

Integrating hh2 solutions with Sage Intacct is necessary to create a unified and efficient system. Integration ensures a complete and accurate transfer of all your payroll, accounting, and other financial data — giving you a holistic view of your financial health. Plus, it enables features like real-time updates, so your company’s data is accurate and current. You’ll also be able to align your company’s unique processes with Sage Intacct, so its automation features benefit rather than hinder your workflow. 

Integrating hh2’s Remote Payroll and Sage Intacct 

Here are a few ways you can integrate hh2’s Remote Payroll with Sage Intacct: 

  • Seamless Data Synchronization: With integration, you can automatically sync all your construction employee time tracking data, including payroll records and job costs, from hh2 to Sage Intacct without manually transferring any data. Not only does this minimize manual data entry and lower the risk of payroll errors, but it also ensures you receive real-time updates and work with the most current information.   
  • Customizable Payroll Workflows: Create payroll automation workflows based on your company’s organizational structure. Custom role-based routing or multi-level approval accurately captures and codes time while reducing bottlenecks and speeding up the payroll process. 
  • Cloud-Based Accessibility: Tracking and entering time worked is even easier when you integrate hh2’s mobile time tracking. This tool lets construction employees enter, code, and route time digitally without having to be in the office. The web and mobile tools capture time on any device from any location for increased accuracy and timeliness. 

Integrating hh2’s Document Flow with Sage Intacct 

Enhance Sage Intacct’s AP automation features by integrating hh2’s Document Flow. Here are a few ways the two solutions can integrate for better results:  

  • Automated Document Management: This integration reduces the number of manual tasks along the AP process by automating numerous workflows directly into Sage Intacct, including the capturing, coding, and routing of invoices, bills, construction expenses, and other financial documents. It streamlines financial management, helping improve the accuracy and speed of your AP process. 
  • Customizable Approval Processes: Sync your custom AP approval workflows from Document Flow with Sage Intacct for greater efficiency. With flexible routing and approval options, you can create custom AP paths based on the project, vendor, or other job-specific criteria so the right documents are automatically routed to the right staffers to reduce delays in the approval process. 
  • Real-Time Collaboration and Reporting: By integrating Document Flow’s real-time reporting, your project managers, AP departments, and other finance teams always have access to the latest financial data and reports within Sage Intacct. Integration ensures that teams across your construction company are on the same page and can more easily collaborate for more effective outcomes.  

Top Benefits of Integrating hh2’s with Sage Intacct 

With integrated solutions, your construction company benefits in many ways. Here are just a few: 

Increased Efficiency 

Integrating Sage Intacct with hh2’s solutions offers more effective automation for payroll processes and expense management. With automatic data capture and custom approval paths, your finance team will spend less time on manual payroll, invoicing, or billing work — freeing up their time to spend on more strategic tasks. 

Enhanced Accuracy and Control 

By eliminating data entry and manual data transfer through integration, you also reduce human-created errors in your payroll and financial document handling. Additionally, Sage Intacct syncs accounting data with hh2 solutions to check for anomalies or duplicates, improving your data quality and reliability. Its continuous sync also means your construction data updates in real-time, so you’re always viewing the most current and accurate data. 

Improved Financial Oversight  

With Sage Intacct and hh2 integration, your business gains greater visibility into your finances and workflows, enabling you to create and follow standard practices that maximize efficiency and increase project profitability. By combining data from hh2 solutions and Sage Intacct, your company can generate accurate, up-to-date reports, so you can make fully informed decisions.  

Compliance and Security 

Compliance with certified payroll is essential when working on federally funded construction projects. Integrating Sage Intacct with hh2 solutions ensures that time is accurately tracked, coded, and approved on time. Maintaining accurate, current records through this integration is key to staying compliant with all industry regulations. Plus, integration allows for more secure transferring and handling of data, keeping financial and proprietary information from your business, vendors, and clients protected. 

Maximize Your Investment in Sage Intacct with hh2 

Interested in simplifying your payroll and AP process? Book your demo today to see how hh2’s back office construction platform integrates with Sage Intacct to supercharge your back office.