Is Your ERP System Holding You Back? A Reflection on Deltek Vision vs. Sage Intacct
Having spent years as a project accountant using Deltek Vision and now working on ERP implementations with Sage Intacct, I’ve seen both the strengths and limitations of these tools firsthand. The question that often comes up isn’t which ERP system is better overall – it’s whether your current ERP can support your growth for the long term.
Deltek Vision: A Solid Tool, But Is It Enough for Growth?
For firms rooted in architecture, engineering, or construction, Deltek Vision is a well-established choice. It’s designed to handle complex project accounting, manage timelines, and track resources, making it ideal for firms with a strong project-based focus. But the reality is, many businesses – especially those with plans to scale – eventually hit a ceiling with Vision.
The traditional reliance on lengthy GL account strings, the limited cloud capabilities, and the rigid reporting structure can become burdensome as you expand. This isn’t an immediate issue for everyone, but if you’re asking yourself why some reports take longer than they should or why your ERP feels inflexible when adding new entities or managing financials across regions, it may be worth questioning whether your system is equipped for your future needs.
What If Your Software Could Do More?
What I’ve learned from working with Sage Intacct is that flexibility, real-time data access, and scalability are crucial as businesses grow. I’m not here to tell you to switch systems, but rather to encourage you to think about the possibilities. What if your software could:
• Tag transactions with dimensions like project, department, or location, instead of making you create endless GL account combinations?
• Generate real-time reports that allow you to make decisions quickly, without having to wait on a cumbersome system?
• Scale effortlessly as you take on more projects or expand into new locations, without the need for costly customizations?
These aren’t just “nice-to-haves”; they’re tools that can help you make more informed decisions and operate more efficiently.
New Features Driving Efficiency
The latest updates from Sage Intacct offer features that make a real difference in project-driven industries:
• Vendor Compliance Tracking: Ensuring that all compliance documents are collected before releasing payments – this could streamline risk management and save valuable time.
• Advanced Financial Consolidations: Automating consolidations across multiple entities can reduce manual workload, providing clearer insights into your firm’s overall financial health. .
Is It Time to Re-Evaluate?
You don’t have to outgrow your ERP tomorrow, but it’s important to consider where your business is heading. Are your current tools keeping pace? If not, it might be time to start thinking about what more efficient software could do for you in the long run.