August 12, 2022
This year Sage Intacct launched an upgrade feature for users called “Outlier Detection for General Ledger”. Sage Intacct is the first and only mid-market cloud accounting solution to use AI to increase confidence in the accuracy of general ledger transactions. This new feature has the ability to auto-generate flags for entries that don’t match past transaction patterns, enabling errors to be caught before making their way into financial reporting and reaching stakeholders.
Sage Intacct’s 2022 update added to this feature to create customizable approval routing to send outliers back to the originator to be fixed. This routing enables the GL Outlier Assistant to be used by more Sage Intacct users, not just those who route to journal entry approvers. For those that do route to an approver, entries can now be sent back to the originator first.