BLAZE® and Sage Integration Enhances Cannabis Retail Accounting Efficiency

BLAZE® Integrates with Sage for Improved Accounting in Cannabis Retail

In a pivotal move for cannabis retail management, BLAZE®, a prominent name in cannabis software solutions, has recently announced its integration with Sage, the top-tier provider of accounting, financial, human resources, and payroll technology. This announcement, made on January 7, 2025, highlights the increasing importance of financial technology in the cannabis industry, particularly for enterprise-level retailers operating across multiple states.

Enhanced Financial Workflows

The BLAZE and Sage integration facilitates a more streamlined accounting process that helps cannabis retailers centralize their financial data and gain insights into their performance across various retail locations. With this integration, buyers can execute frequent accounting tasks efficiently with just a few clicks, making it a game-changer for managers who must juggle multiple stores.

The integration is driven by Alembic Computer Services, Inc.'s software connector, ensuring a seamless experience that allows for not only daily operations but also strategic financial planning and execution. The software significantly enhances the visibility of key financial metrics that are critical to the operational efficiency of cannabis businesses.

Centralized Dashboard for Informed Decision Making

One of the distinguishing features of the BLAZE to Sage integration is its ability to provide a centralized dashboard, where cannabis retailers can monitor their financial performance in real-time. The integration allows completed purchase orders to automatically transform into vendor bills, easing the accounting burden on staff. Furthermore, vendors can be added to the system automatically, saving valuable time.

Daily sales data and Cost of Goods Sold (COGS) are organized by product category and directly synced to Sage Intacct. This not only ensures the accuracy of financial records but also minimizes the room for errors, a common hurdle faced by enterprises in the cannabis sector. Location-specific insights empower decision-making by providing detailed reports for individual stores, making it easier to identify trends, inefficiencies, and opportunities for growth.

Key Benefits of the Integration

1. Automation of Routine Accounting Tasks: Streamlining transaction postings and reconciliations allows cannabis retailers to focus more on customer service and growth rather than getting bogged down in daily paperwork.

2. Insights for Individual Locations: With the power to view financial performance details for each store, cannabis retailers can tailor strategies to enhance profitability across their locations.

3. Compliance-Ready Reporting: The integration also ensures that financial records adhere to regulatory standards, a critical aspect of operating in the cannabis industry where every detail matters.

Empowering Cannabis Retailers to Scale

As Chris Violas, CEO of BLAZE, aptly stated, "Cannabis retail enterprises face unique accounting challenges as they scale. Our integration with Sage Intacct is a key part of our vision to empower enterprise cannabis retailers with seamless tools for managing their bookkeeping." By harnessing automation, BLAZE offers cannabis businesses a speedier and more effective method to close their books, allowing them to focus on expansion and delivering top-notch customer experiences.

This strategic collaboration reflects BLAZE's ongoing commitment to innovation within the cannabis ecosystem, addressing evolving industry needs with cutting-edge solutions.

For additional details, check out the BLAZE + Sage Integration Page.

About BLAZE®

Founded by a group of tech-savvy entrepreneurs in 2015, BLAZE® has been at the forefront of cannabis retail technology. Their award-winning software suite encompasses point-of-sale systems, e-commerce platforms, mobile applications, and integrated payment solutions specifically designed for the cannabis marketplace across North America. As a pioneer that also ranked in the Inc. 5000 Fastest Growing Private Companies in both 2023 and 2024, BLAZE continues to define excellence in customer service and innovation, having also been recognized with prestigious awards for their contributions to the cannabis retail sector.

Connect with BLAZE for more updates on their latest developments in cannabis retail technology.