Ready to Upgrade? Your Complete Guide to Migrating from Sage 50 to Sage Intacct
Sage 50 serves countless small businesses and nonprofits, offering the convenience and versatility of entry-level accounting. However, once-simple accounting tasks become more complex and cumbersome as your organization expands while limitations in scalability, multi-entity management, and advanced reporting become more apparent.
If you’re struggling with your current Sage 50 software, it may be time to consider a more advanced solution that offers a robust set of features to meet the demands of growing organizations like yourself —or maybe you have come here ready to take that next step and switch to Sage Intacct, the best choice in cloud-based accounting software.
In this blog post, we’ll guide you through the migration process from Sage 50 to Sage Intacct, so you know exactly what to expect for successful implementation. We’ll cover everything from how to prepare for the process, the steps involved, and tips for a smooth transition.
Preparing for a Successful Migration from Sage 50 to Sage Intacct
Migrating to a new financial system is a big step! Once you’ve outgrown Sage 50, transitioning to a new system like Sage Intacct is a smart move. Though we are here to help make the process as seamless as possible and guide you in choosing your next solution, there are some things you should do before getting started:
- Assess your current system. Evaluate your current Sage 50 setup to identify what works well and what doesn’t. Take note of processes that are slow or inefficient; perhaps your month-end process is bogged down by manual work like complex consolidations across multiple entities or reconciling bank accounts. Document your existing workflows and pain points so nothing gets overlooked during the transition.
- Set clear objectives. If you don’t have a plan and goals in place, the likelihood of success will drastically drop. Define what you hope to achieve with your new system. Improved reporting? Enhanced collaboration? Better financial insights? Clear expectations guide the migration process and help measure success.
- Clean up your data. One of the most important steps in the migration process is cleaning up your data. Consider this the spring cleaning before getting your new software. Remove duplicate entries, correct inaccuracies, and ensure that all data is up-to-date. Clean, organized data will make the migration smoother and faster while cutting down on serious errors that could trip you up later.
What to Expect: Step-by-Step Breakdown of the Migration Process
Migrating from Sage 50 to Sage Intacct can seem like a big leap, but understanding the process will make it easier to navigate. We’ve broken it down into manageable steps to help with a smooth transition.
Here’s what you can expect during the process:
- System Setup and Configuration. The first step will involve setting up and configuring the system to meet your business needs based on the initial assessment of your existing software (which includes assessing your challenges and timelines). Review your Sage Intacct configurations, adding the reports, dashboards, and workflows you need to stay informed and make smart decisions.
- Data Mapping and Migration. The heart of the transition—data migration. This involves moving all your valuable financial data from Sage 50 to Sage Intacct. Mapping out your data involves defining the rules for conversion so all of the data fields align between Sage 50 and Sage Intacct. That way, everything lands in the right place when you finally extract your data.
- Testing and System Readiness. With everything in place, it’s time to ensure your system works as expected. Testing is a crucial step in validating data integrity, functionality, and reporting accuracy. This is also where you may uncover potential issues to fix before you go live.
- Go Live and Post-Migration Support. Here’s the moment you’ve been waiting for: going live with Sage Intacct. Once the system is ready, go live and fully transition to Sage Intacct with full support to address any post-migration adjustments or questions.
Tips for a Smooth Transition to Sage Intacct
Now that you know what steps are involved in the migration process, we thought you might like to hear our tips and best practices to make the transition as smooth as possible.
- Keep all key stakeholders updated throughout the migration process to ensure everyone remains aligned and informed. Communication is key!
- Protect your financial data by establishing strong backup and disaster recovery plans. These protocols safeguard your critical information from any unexpected events or disruptions.
- Plan for a migration process that takes (on average) a few weeks to complete. The total time from start to finish depends on your data’s complexity and any necessary customizations.
- Prioritize training to make sure your team is prepared to get the most out of Sage Intacct. Using the tools effectively will maximize operational efficiency, boost productivity, and provide greater visibility into your organization’s financial health.
Our final tip is this: don’t leave yourself in the dark. Migrations can become stressful and overwhelming when you try to tackle them alone. While it’s tempting to go the do-it-yourself route or leave it up to your IT and accounting personnel, working with an experienced partner can save you time, stress, and costly mistakes.
Streamline Your Migration with DWD Technology Group
The experts at DWD can help by simplifying your migration, leveraging their 20+ years of experience implementing ERP solutions. We will guide you through the process, help troubleshoot issues, and ensure a smooth transition.
Contact us for a free Software Needs Assessment to help identify your unique requirements and select the right software solution for you.
