Automating Cannabis Retail Accounting for Enhanced Financial Clarity
LOS ANGELES, Jan. 7, 2025 — BLAZE®, a leading cannabis software provider, today announced its integration with Sage, a prominent accounting, financial, HR, and payroll technology solution for small and medium-sized businesses. This integration facilitates streamlined accounting processes and improved financial transparency across multiple retail locations.
This integration allows cannabis retailers to handle daily accounting tasks efficiently. The integration, powered by Alembic Computer Services, Inc.’s software connector, provides detailed, store-specific financial data across various states, enabling informed decision-making and effective scaling for large retailers.
Purchase orders are automatically converted into vendor invoices, with new vendors added seamlessly. Daily sales and cost of goods sold (COGS) data, categorized by product, sync directly with Sage Intacct, ensuring accurate financial records while saving time and minimizing errors.
Key Integration Advantages:
- Simplified Daily Accounting: Automates transaction entries and reconciliations for efficient workflows.
- Location-Specific Insights: Provides detailed financial performance views for individual stores.
- Compliance-Ready Reporting: Ensures accuracy and adherence to regulatory standards.
“Cannabis retail businesses face unique accounting challenges as they grow,” said Chris Violas, CEO of BLAZE. “Our Sage Intacct integration is key to our goal of providing enterprise-level cannabis retailers with intuitive bookkeeping tools. Automation streamlines the accounting process, allowing businesses to focus on expansion and customer service.”
This collaboration underscores BLAZE’s dedication to providing cutting-edge solutions for the cannabis industry.
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About BLAZE®
Established in 2015 by technology and cannabis industry experts, offers user-friendly technology solutions for cannabis retail operations. The acclaimed BLAZE software suite includes point-of-sale, delivery, e-commerce, mobile apps, and integrated payment processing for cannabis retailers across North America. Designed for large-scale retailers, BLAZE is known for its exceptional customer service and innovation. BLAZE was included in the Inc. 5000 Fastest Growing Private Companies in 2023 and 2024 and recently won the Kind Award for Best POS in Canada and a Cannatech Innovation Award for Scan to Shop.
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