Which feature helps Sage Intacct maintain audit readiness?

The feature that helps Sage Intacct maintain audit readiness is comprehensive audit trails and logs. This functionality is crucial because it automatically records all changes made within the system, including who made the changes, when they were made, and what the previous values were. Such detailed tracking allows organizations to have a complete and transparent view of their financial data, making it easier to conduct audits when necessary. Audit trails serve as a foundational element in demonstrating compliance with financial controls and regulations, thereby ensuring integrity in reporting and operational processes.

While regular manual reconciliations can be helpful for confirming account balances and discrepancies, they do not provide the same level of ongoing monitoring and documentation as automated audit trails. Similarly, limiting access only to management might enhance security but does not contribute to the comprehensive transparency necessary for audit readiness. Lastly, the absence of transactional records would clearly hinder audit readiness, as it leaves no trace of financial activities to review during an audit. Hence, comprehensive audit trails and logs are essential for maintaining a robust audit posture within Sage Intacct.