BAASS Insights Technology Blog

Construction businesses face unique financial hurdles—managing multi-million-dollar projects, unpredictable costs, and labour-intensive reporting. For business owners and financial leaders, the lack of real-time insights can lead to budget overruns, delayed payments, and missed opportunities. A construction accounting solution that incorporates real-time reporting and cloud technology simplifies construction finance management, enabling more intelligent decisions and greater control.  

This blog explores how these tools optimize financial processes in the construction industry.

The Canadian economy demonstrated resilience in 2024, paving the way for growth and innovation in 2025. As businesses look ahead to the 2025 forecast, it is crucial to understand trends such as economic growth, shifts in the labour market, and overall economic stability. This knowledge will be essential for navigating both opportunities and challenges. 

Businesses must adapt to a competitive environment influenced by technological advancements, talent shortages, and changing market demands. Leveraging financial automation solutions such as Sage Intacct, Sage 300, and Sage Construction can provide organizations across various industries with the competitive edge they need to succeed. 

The year-end close is a pivotal process for businesses across industries, but it often comes with significant challenges. From balancing books to ensuring compliance with financial regulations, organizations face mounting pressure to finalize their accounts accurately and on time. Financial automation tools, such as Intacct, are optimizing this process by offering efficiency, precision, and strategic insights.

In this comprehensive blog, we’ll explore how financial automation can transform the year-end close process across various industries.

The financial services industry is undergoing a significant transformation, driven by technological advancements such as Artificial Intelligence (AI) and Sage Intacct. These tools are evolving how financial institutions operate by providing speed, accuracy, and deeper insights that enhance decision-making. From small and mid-sized businesses to large financial organizations, AI and Sage Intacct are changing the management of financial processes. In this blog, we will explore how AI and Sage Intacct are influencing the future of finance, discuss specific applications and benefits, and examine the trends that will shape financial services to get ready for the future.

As market demands grow more complex, effective supply chain and inventory management are critical for maintaining a competitive edge. Companies must embrace smarter, tech-driven solutions as global supply chains become increasingly interconnected, with ongoing disruptions, and rising customer expectations. 

Nonprofit organizations are having a growing impact in our community, bringing about meaningful change while addressing urgent social needs. However, nonprofit industry encounters various challenges due to limited resources and operational constraints that need to be effectively managed to maximize their impact on the community. Fortunately, there are business solutions specifically tailored business for nonprofits that can help them overcome these obstacles and thrive. In this blog, we have covered how nonprofit organizations can utilize these tools to enhance their efficiency, sustainability, and reach.

In today’s fast-paced and highly competitive market, managing customer relationships effectively is crucial for sustained success. With the right strategies and tools, businesses can not only meet but exceed customer expectations. Sage CRM is a powerful tool that helps organizations streamline their customer interactions, but to fully leverage its capabilities, there are some golden rules to follow. Here’s a guide to mastering customer relationship management with Sage CRM.

Inventory management is the core of everything we do in business.Tracking and managing stock are important aspects for determiningprofitability levelsandensuring customer satisfaction and operational efficiency. The best inventory management systems prevent expensive errors like overstocking, understocking, and misplacement.