Contracts

Sage Intacct's Contract Management solution streamlines revenue recognition, billing, and reporting for subscription businesses. It provides a central source of truth with real-time reporting to support data-driven decision making.

Why it matters

Accountants and controllers can benefit from improved efficiency and internal controls related to contract management, including revenue recognition, billing, and reporting. This solution aims to accelerate go-live processes and reduce manual effort by allowing for the import of historical contract data.

When you use it

Supports SaaS companies across various stages, from early stage to public.
Provides real-time reporting for data-driven decisions.
Allows for importing historical contract lines with balances directly into the General Ledger.
Handles contract renewals by creating new 'child' contracts based on selected renewal templates and contract lines.

Related concepts

Used with

Contracts is used by Revenue Recognition Contracts is used by Accounts Receivable Contracts is used by Multi-Entity Management Contracts is used by Dimensions

Source documentation

Sage Intacct Help

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