Sage AI and Automation

Announcing Close Automation for all regions

We're excited to announce that Close Automation is generally available for all regions. Close Automation is a set of tools designed to accelerate your period-end close.

Key features

Close Automation features offer real-time variance analysis and greater visibility into your close processes.

Close Workspace

Close Workspace is a centralized environment for managing the period-close process. Designed to streamline workflows, enhance visibility, and reduce delays, this feature helps finance teams execute their close with greater confidence and efficiency.

Close checklists help employees track their close-related assignments while giving managers a detailed view of everyone's progress. Templates for close checklists make it easy to create standardized checklists for each period.

A checklist with a list of tasks.

Close progress monitor is a dashboard-like page that helps teams close faster by simplifying oversight across entities, tasks, and assignees. Filtering options provide flexible views based on your needs.

Close progress monitor showing task metrics for a close period.

Close Assistant

Close Assistant simplifies navigation for close-related tasks in subledgers and the general ledger and delivers insight into the close status across all entities and subledgers into one clear summary view.

Copilot Close Assistant panel.

Subledger Reconciliation Assistant

Subledger Reconciliation Assistant saves you time and effort by automating some of the tasks required to reconcile subledgers with General Ledger. Instead of exporting subledger reports and the Trial Balance report to Excel to compare balances, have Subledger Reconciliation Assistant do that for you.

Subledger Reconciliation Assistant panel showing information about a variance between Accounts Receivable and General Ledger.

Variance Analysis

Variance Analysis provides insights into budget or prior period differences so business leaders can proactively investigate discrepancies and address spending concerns.

Variance Analysis panel showing a budget variance in three departments.

Copilot Variance Analysis includes the following features:

  • Automated alerts: Receive notifications when actual expenses exceed budget, allowing for immediate action.

  • Real-time variance tracking: Monitor budget vs. actual variances in real-time, ensuring that you're always aware of your financial health.

  • Data visualization: Visualize your financial data through intuitive charts and graphs for easy understanding.

  • Drill-down analysis: Easily drill down into reports to identify the root causes of variances for specific GL accounts.

  • Detailed variance insights: Get AI-generated variance descriptions that identify potential causes and implications of the variances.

  • Targeted data visibility: Get visibility into data relevant to your respective budget areas. For example, a department manager will be able to see variance analysis for a specific department while a controller will be able to see variance analysis for the entire organization.

Permissions and other requirements

Subscription

Sage Copilot Close Automation
Regional availability

All regions
User type

Business

Employee

Project Manager
Implementation Contact your Sage Intacct account manager to get started with Close Automation.