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Industry Summary Articles

Wednesday, May 24, 2023

Sage announces new partnership with PwC to deliver PwC Controls Insights with Sage Intacct

Sage, the leader in accounting, financial, HR and payroll technology for small and medium-sized businesses (SMBs) announced that PwC will integrate their Controls Insights with Sage Intacct.

Globally, board, investor, and stakeholder expectations around good governance and control are increasing. Organizations who are on a growth journey, looking to build a compelling equity story or seeking to meet regulatory requirements need to ensure their financial data is robust, reliable and stands up to stakeholder scrutiny. Having a strong control environment, supported by an effective financial operating model is key to facilitating this.

PwC in alliance with Sage Intacct is creating a new offering to enable this initiative with PwC Controls Insight for Sage Intacct. Controls Insight provides a live dashboard view of the health of the customer’s financial control environment. This is derived through assessment against a series of key control indicators (KCIs), as well as a view of the maturity of the finance operating model in a prioritized read-out. 

Key benefits for customers of PwC Controls Insight with Sage Intacct include:

  • Immediate insight into the health of their operating model and control environment
  • Builds resilience and facilitates finance function maturity journeys
  • Prioritized actions linked to Sage Intacct functionality and PwC experience
  • Helps meet their growth ambitions, forming the foundation for a compelling equity story

Katie Griffin, Director, Governance, Risk and Compliance, PwC commenting on the partnership said, “PwC is focused on helping organizations thrive in change – not only by helping to manage their compliance requirements but also helping them stay ahead of risk and regulatory changes. We’re excited to partner with Sage to offer PwC Controls Insights for Sage Intacct. This new offering complements the strong compliance controls provided by Sage Intacct with prioritized and actionable compliance insights from PwC. These insights enable pre-IPO, public, and regulated organizations to automate monitoring of Sarbanes-Oxley (SOX) controls, building trust and long-term value with stakeholders.” 

To view the original press release, please click here.

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