Streamlining HR and Accounting in Sage Intacct with Criterion

Woman smiling and firmly shaking hands with human resource manager
 

Managing the needs of a large workforce and handling the complexities of payroll and industry compliance requires a modern technology platform. While Sage Intacct is an excellent choice for accounting and business management, it lacks the advanced HR functionality many companies need. Integrating Criterion with Intacct can supply the missing features, combining the strengths of both solutions.

Are comprehensive HR features missing in your ERP?

Learn more about Criterion HCM and the benefits it offers.

Visit Our Site

 

What is Criterion HCM for Inacct HR?

Criterion HCM is a sophisticated cloud-based Human Capital Management (HCM) system specifically designed to handle the complex demands of HR departments. It provides a comprehensive suite of tools to manage all aspects of human resources from recruitment and onboarding to performance management and payroll processing. The platform has an intuitive and fully customizable interface, allowing HR professionals to tailor features to fit their unique operational needs.

Unlike traditional ERP systems that may offer broad but shallow capabilities across various business functions, Criterion focuses on deep, functional support specifically for HR tasks. It integrates smoothly with leading financial management systems like Sage Intacct, leveraging your existing investment. This specialized focus helps organizations streamline their HR and payroll processes, ensuring that these critical operations are handled with the precision and care they require.

Challenges of Traditional ERP and Human Resources Integration

Traditional HCM systems often face numerous challenges when integrating with ERP software. These issues can significantly hinder operational efficiency and data accuracy, impacting overall business performance.

  • Data Synchronization Problems: Traditional integrations commonly rely on batch processing or file-based synchronization, which can delay data updates between systems. This lag not only affects the timeliness of information but can also lead to discrepancies in data, creating issues for payroll processing and financial reporting.
  • High Costs and IT Burden: Setting up and maintaining traditional ERP integrations typically involves significant IT resources and high costs. These systems often require custom development to meet specific needs, which can be expensive and time-consuming to implement and update.
  • Lack of Flexibility: Many older systems are rigid in their structure, making it difficult to adapt to changing business needs or integrate with newer technologies. This inflexibility can prevent organizations from evolving their processes and adopting more efficient practices.

These challenges underscore the need for a more dynamic and integrated approach, such as the one provided by Criterion HCM, using a modern architecture with a REST API to ensure seamless, real-time data flow and greater operational adaptability.

How Criterion Broadens HR Functionality for Sage Intacct Users

Criterion HCM significantly extends Sage Intacct by providing more complete HR functionality. This partnership between HR and accounting software creates a more cohesive and efficient workflow, reducing errors and simplifying processes.

  • Streamlined Payroll and General Ledger Integration: Criterion allows for direct integration of payroll data into Sage Intacct’s general ledger. This seamless connection ensures that all payroll-related financial entries are updated in real time, improving the accuracy of financial reports and reducing the administrative burden on accounting staff.
  • Dynamic Data Sharing and Management: With Criterion, Sage Intacct users gain the ability to dynamically share and manage data across both platforms. This includes automatic updates of employee information in Sage Intacct when changes occur in Criterion, and vice versa, ensuring consistency and reducing the need for manual data entry.
  • Enhanced Reporting Capabilities: By combining the rich financial management features of Sage Intacct with the detailed employee and payroll data from Criterion, organizations benefit from more comprehensive analytics and reporting. This integration provides deeper insights into financial and operational performance, helping companies make better-informed decisions.

An HCM Solution Made to Integrate with Your ERP

Criterion HCM is designed to seamlessly integrate with modern ERP systems like Sage Intacct, making it an ideal solution for organizations looking to enhance their HR and financial workflows.

  • Seamless Integration Capabilities: Criterion uses advanced REST API architecture to ensure smooth and reliable integration with ERP systems, allowing for real-time data syncing and reducing the risk of errors.
  • Customizable Workflows: The platform is built to be highly customizable, enabling businesses to tailor HR and financial processes specifically to their needs, which optimizes operations and improves user adoption.
  • Unified Data Management: Integrating Criterion with an ERP system centralizes data management, providing a single source of truth for all HR and financial data, which simplifies reporting and decision-making.

Connect with Criterion to Bring Your HR to the Next Level

Integrating Criterion with Sage Intacct can transform your HR and accounting processes, making them more efficient and aligned with your business objectives. Criterion’s powerful features and seamless integration capabilities make it an ideal choice for businesses looking to enhance their technological infrastructure.

For more information and to see how Criterion can benefit your organization, contact Criterion today to schedule a demonstration and learn more.

 

By Criterion | www.criterionhcm.com

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

116