Success Story: Healthcare AI Innovator Paige.ai Scales with Upgrade to Sage Intacct

Discover how Sage Intacct is helping to scale the Healthcare AI innovator Paige.ai.

In working with a wide variety of customers, I always find it especially gratifying to partner with companies that make a truly meaningful difference in the lives of individuals and their families. One such company is Paige.ai, a digital pathology innovator that is transforming both the diagnosis and treatment of cancer through a web-based platform that unlocks the power of generative AI to improve health outcomes.

Founded in 2017, the New York City-based firm is growing quickly on a global basis. More than 1,000 institutions in 45 countries have used over 4 million digitised tissue slides for cancer pathology via the Paige.ai platform. In 2021, Paige.ai became the first and only company to receive FDA marketing authorization for AI in pathology. Just recently, Paige.ai and Microsoft announced a groundbreaking partnership to build the world’s largest image-based AI models “that will enable unprecedented insights into the pathology of cancer,” as a Microsoft official put it.

A Financial Management Strategy for Long-Term Success

Everyone wants Paige.ai and other healthcare innovators to succeed. While its core focus is science, Paige.ai also needs a scalable financial management platform that can deliver efficiency, insights, and controls. Those are foundational elements needed to attract additional investors, execute a potential IPO, and support sustainable growth and long-term success that changes lives through better diagnostics and treatment.

“The system we were on previously was fine early on, but as we ramped up I felt it was important to get good infrastructure in place before we had problems we’d need to fix,” as Andreasson tells me in a video interview. “It became time to implement a more robust system that would be able to deliver better quality information to help arm our decision makers with financial information.”

Why Sage Intacct?

Paige.ai selected Sage Intacct after in-depth evaluations and bakeoffs among leading financial management platforms, including Oracle and NetSuite. An intuitive user interface and swift implementation time were key considerations.

“I felt that Sage Intacct’s UI was the most intuitive and easy to navigate straight off the bat. The second aspect was the time to implement and to really see the ROI from a new system.”

David Andreasson, VP of Finance

Andreasson was acutely aware of “war stories” on implementations that turned into months-long ordeals. “I had no appetite for going through a protracted eight, nine, or 12-month process,” he says. “I felt that the Sage Intacct team and the partners they used were really going to wrap their arms around the implementation and make sure that it was as seamless as possible.”

Those expectations are being met as Paige.ai approaches its go-live date.

“We’re halfway through our projected timeline, and we’re right on time if not ahead of it,” Andreasson says. “I’m delighted to confirm that all of the promises made in the sales process have been met so far.”

Going forward, Paige.ai will be able to take advantage of Sage Intacct’s open and straightforward API to integrate with best-of-breed applications such as Salesforce, Bill.com, and Expensify. They’ll have a seamless tech stack with Sage Intacct as the central system of record, a recipe for success among many of our customers.

Email us at Akuna Solutions for a free consultation and explore with a Sage Intacct implementation specialist how to leverage modern technology available today to future-proof your business technology operations.