Sage Intacct Overview
What is Sage Intacct?
Sage Intacct is a leading provider of best-in-class cloud ERP software. Sage Intacct’s award-winning applications are the preferred financial applications for AICPA business solutions. Sage Intacct applications are used by more than 11,000 businesses from startups to public companies and is designed to improve company performance and make finance more productive.
The Sage Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Internet via cloud computing. Featuring superior, deep financial applications and delivering unmatched business visibility, Sage Intacct helps you automate processes, reduce cycle times and speed your financial close while improving compliance and transparency. Sage Intacct gives your entire organization the ability to securely view, understand and take action in response to changing business conditions — such as defining financial and operational targets, developing business plans and monitoring costs, revenue and performance.
Sage Intacct consistently delivers the highest levels of client satisfaction and success. We take pride in our Buy with ConfidenceSM program, which shows our commitment to complete customer satisfaction. In fact, 9 out of 10 Sage Intacct customers indicated that they would recommend Sage Intacct to their colleagues, because it offers the easiest to use, lowest risk and best value for professional financial management and accounting applications available on the market today.
Delivered over the Internet via the Cloud, Sage Intacct dramatically reduces IT and operating costs and delivers a far lower total cost of ownership than client-server financial software. Designed to work well with other key business applications and pre-integrated with leaders like Salesforce CRM, Sage Intacct encourages you to select and deploy best of breed applications that match the way you do business.
Sage Intacct is compliant with GAAP, IFRS, Sarbanes-Oxley and SAS 70 Type II.
The Sage Intacct financial management system includes best in class applications for core financials and accounting, purchasing, order management and financial reporting and business intelligence. Optional applications include FAS-52 compliant multi-currency support, real-time financial consolidation and multi-entity support, sales tax management, subscription billing, inventory management, revenue management, project accounting and pre-packaged integration with Salesforce CRM.
Sage Intacct Overview
Pricing
Pricing options
With Sage Intacct, you can take advantage of cost-effective, modular pricing, and pay only for what you use. There's no hardware to buy, and no large capital outlays. Just a predictable, affordable subscription. The monthly subscription fee is based on the number of users, the number of business entities you need to manage, plus any optional advanced Sage Intacct modules you require.
Sage Intacct Features
Screenshots
Sage Intacct Reviews
Sage Intacct Reviews
Decent ERP software for medium, medium-large companies
Hard to get used to in the beginning (I transitioned from QuickBooks), but as you get more and more used Intacct can be very resourceful and more powerful than other, more conventional ERP systems.
Great Accounting System, but with some limitations
We are definitely saving time with Intacct. It is so much smoother and quicker to use. The internet based software is so easy to use compared to a program.
Great accounting package
Overall, it has been a great experience. Support is excellent, and the company works to constantly improve the product and keep the features competitive with what's available in the market.
Its an average accounting system
My overall experience with Intacct is overall positive. Intacct does save me significant time and effort in my everyday tasks compared with our older software. i do feel it could be improved upon further to make it a better product.
Fixed Assets Tracking
Overall, I would absolutely recommend the software.
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Decent ERP software for medium, medium-large companies
Pros
All the features, and integration capacity with other software.
Cons
Can be clunky and not user-friendly in not a seasoned user. Some add-on features (like FA modules) have a lot to desire in order to be useful.
Response from Sage Intacct
Hello John,
Thank you for your review. We truly appreciate you taking the time to share your experience using Sage Intacct! I'm glad to hear that you are having a positive experience using Sage Intacct. Please feel free to reach out to me if there is anything I can do to help!
Sincerely,
Andrew Sevillia
Sr. Manager, Customer Marketing
Sage Intacct
Great Accounting System, but with some limitations
We are definitely saving time with Intacct. It is so much smoother and quicker to use. The internet based software is so easy to use compared to a program.
Pros
I like how users cannot force things to work like in QuickBooks. If the rec doesn't balance, they have to figure it out. Also, there's more reporting dimensions and a rigid chart of accounts so the users cannot create their own accounts.
Cons
The reporting needs a lot of work. There are so many dimensions that exist in this software that you cannot run a report on. There also seems to be a fair amount of glitches and errors.
Response from Sage Intacct
Hello! Thank you for taking timeout to write your review. We greatly appreciate your feedback and welcome your insights. Please feel free to reach out to me if you'd like to talk about your experience and areas for improvement in the product.
Regards,
Andrew Sevillia
[email protected]
Great accounting package
Overall, it has been a great experience. Support is excellent, and the company works to constantly improve the product and keep the features competitive with what's available in the market.
Pros
It's very easy to use and integrates well with a number of other products, such as MineralTree and SalesForce.
Cons
Some basic functions, such as producing manual checks and paying off credit cards, are needlessly complicated.
Its an average accounting system
My overall experience with Intacct is overall positive. Intacct does save me significant time and effort in my everyday tasks compared with our older software. i do feel it could be improved upon further to make it a better product.
Pros
I like the fact that it is browser based through the cloud which makes access quick and easy. The modules that I use the most work very well such as Accounts Payable and Time and Expense. The General Ledger reporting function is very helpful and easy to use as well.
Cons
There are a few modules such as Prepaids, Fixed assets and Purchasing that we had purchased after the initial implementation of intacct that did not work very well initially. There were many work arounds and technical problems that created alot of unneeded headaches and work. Fortunately this has been fixed now for the most part and works well.
Another issue I have is the support community that I put support tickets in when I need some help. They don't seem to know the product very well and often the solutions and advice I receive is partially right or wrong altogether. There have been instances where I have just figured it the problem myself through reading articles or experimenting with settings etc.
Response from Sage Intacct
Hello Michael,
Thank you for your review. We truly appreciate you taking the time to share your experience using Sage Intacct! I'm glad to hear that the AP and T&E modules are working well for you. Please feel free to reach out to me if there is anything I can do to help!
Sincerely,
Andrew Sevillia
Sr. Manager, Customer Marketing
Sage Intacct
Fixed Assets Tracking
Overall, I would absolutely recommend the software.
Pros
I use this software daily to maintain and track Fixed Assets for my company. It's very easy to use and effective in the accounting piece of Fixed Assets maintenance.
Cons
It's user friendly to a fault. It's very easy to make costly mistakes because of a lack of fail-safes.
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Sage Intacct Pricing
Sage Intacct Pricing
With Sage Intacct, you can take advantage of cost-effective, modular pricing, and pay only for what you use. There's no hardware to buy, and no large capital outlays. Just a predictable, affordable subscription. The monthly subscription fee is based on the number of users, the number of business entities you need to manage, plus any optional advanced Sage Intacct modules you require.
With Sage Intacct, you can take advantage of cost-effective, modular pricing, and pay only for what you use. There's no hardware to buy, and no large capital outlays. Just a predictable, affordable subscription. The monthly subscription fee is based on the number of users, the number of business entities you need to manage, plus any optional advanced Sage Intacct modules you require.
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Sage Intacct Features
Sage Intacct Features
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Categories
Categories
Videos and Tutorials
Videos and Tutorials
Additional information for Sage Intacct
Additional information for Sage Intacct
Key features of Sage Intacct
- Accounts Payable
- Accounts Receivable
- Audit-Ready Financials
- Automated transaction processing, data entry, and approvals
- Automatic Backups & Disaster Recovery
- Automatic upgrades
- Balance Sheet
- Cash Flow Statement
- Cash management
- Collaboration tools
- Configurable dashboards, reports, graphs & charts
- Customizable workflows and transactions
- Digital board book
- Fixed Assets
- General ledger
- Global Consolidations
- Inventory Management
- Multi-Currency Management
- Multi-Entity Management
- Order Management
- P&L Statement
- Project Accounting
- Purchasing
- Real-time business performance
- Real-time customer histories & aging balances
- Real-time vendor and purchasing information
- Reporting and dashboards
- Revenue Recognition
- Sales & Use Tax
- Salesforce.com Integration
- Segregation of duties
- Streamline procurement
- Subscription Billing
- Templated and tailored purchasing workflows
- Time and Expense Management
- Workflow management
Benefits
- Best-in-class professional accounting software - the only AICPA preferred cloud-based financial software
- Real-time business visibility via anywhere, anytime online access to dashboards and reports
- Comprehensive financial consolidation, reporting and analysis across multiple business entities
- Out-of-the-box, tailored reports and workflows
- Easy to extend and integrate to match your precise needs
- Time-saving automation which accelerates the closing process and reduces errors
- Superior integration with your existing business solutions
- Dramatic savings on IT and operating costs
- Customer success and satisfaction. Each year more than 95% of customers renew their subscriptions
- Comprehensive ecosystem of partners
- True cloud computing with world-class operations
- Dramatic savings on IT and operating costs
GetApp Analysis
GetApp Analysis
A cloud-based financial management solution designed to manage back-end accounting functions for growing, middle-marketing organizations, Intacct provides businesses with the flexibility to adjust transaction workflows and approvals as their needs change over time. Intacct’s expansive web-based system includes tools for accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation, and financial reporting.
Intacct gives its business users visibility into their own financials through dashboards and customizable reports. It also provides comprehensive financial consolidation, reporting, and analysis, along with a simplified quote-to-cash process meant to bridge the gap between sales and finance departments. The app is already used by more than 9,000 businesses, including ProKarma, GrubHub, Auction.com, and Indeed.
What is Sage Intacct?
Intacct is a comprehensive accounting system that has been designed specifically for middle-market organizations. The cloud-based solution makes it possible for finance professionals to increase efficiency and drive growth within their organizations through the automation of manual and error-prone accounting practices. Intacct also enables finance professionals to gain deeper insights into their data and increase flexibility with robust reporting capabilities.
Report submissions, approvals, audits, and reimbursements can happen anywhere, at anytime, which increases visibility into a company’s financial and operational metrics. Intacct has a deeper focus on financials than many competing vendors, and it integrates with other third-party systems in a straightforward way. The cloud-based ERP solution also differentiates itself on efficiency and performance, and based on the financial expertise that it brings to new users during the implementation process and beyond.
Sage Intacct Main Features
Accounts Payable & Receivable
Intacct automates most accounts payable and receivable processes for businesses. Finance departments are able to automate tactical vendor management workflows across the accounts payable process, which allows them to focus on more high-value insights and targeted efficiencies. Organizations can also make accounts receivable tasks more efficient through automated invoicing and collections.
Intacct allows you to connect your Accounts Receivable to the rest of your business. It is also able to work with existing CRM solutions to provide you with a unified view of all quotes, sales orders, and pending invoices. Your transactions will be automatically posted to your general ledger and your accounts receivable ledger, which enables you to streamline billing tasks.
Order Management
As businesses grow, the details in a typical order management process can get complicated quickly. For example, changes in orders can be difficult to make when businesses utilize multiple systems for record keeping. Intacct is attempting to close this gap and decrease inefficiencies within the order management process through the use of strategic automation.
Rather than manually entering order information across one, two, or even three record keeping applications, you can integrate Intacct into your workflow and configure a new series of comprehensive pricing requirements. As new orders come in, a single click will trigger fulfillment, billing, and revenue accounting. This reduces overall costs and improves client satisfaction, as well.
Reporting & Dashboards
Intacct tracks both operational and financial data and provides it to middle market organizations in a way that is intuitive. Managers and executives who use it for creating visualizations of data have a more complete view of their organizations, and they can discover the answers to detailed business questions.
By clicking on the Reporting tab from the dashboard, you can create virtually any type of report in seconds. You also have the option of creating visualizations of data. Intacct is able to capture the context of your transactions, operational measurements, and budgets. It creates reports that analyze business performance in real time.
Multi-Entity Consolidations
Multi-entity consolidation makes business growth easier. Financials for multiple locations are streamlined when organizations use Intacct’s ERP tools, and activities like currency conversion, inter-entity transactions, and local tax reporting are automated in order to eliminate the need for manual data entry and encourage sustained growth.
Utilizing multi-entity consolidation, you can review summary figures and perform financial consolidations at any time. Intacct generates journal entries for each consolidation, which means that comprehensive financial statements are ready when you need them. You can even set up new entities with configurable rules for transactions and bank accounts using Intacct’s tools.
Sage Intacct Integrations
Intacct uses open APIs. The cloud-based ERP solution has built-in integrations to various best-in-class applications, including Salesforce, Avalara, Host Analytics, Adaptive Planning, QStock, Xactly, DocuPeak, and KeyedIn, among many, many others.
Sage Intacct Pricing
Pricing for Intacct is based on a monthly, per-user license fee. Larger firms replacing their legacy on-premises software systems can expect to spend somewhere between a few thousand and $10,000, or more, per month.
Sage Intacct Bottom Line
- Helps finance professionals increase efficiency and drive growth
- Automates financial processes and reduces cycle times
- Uses open APIs and has built-in integrations
- Built for public companies
- The only AICPA-preferred provider of financial applications
Sage Intacct FAQs
Sage Intacct FAQs
Below are some frequently asked questions for Sage Intacct.
Q. What type of pricing plans does Sage Intacct offer?
Sage Intacct offers the following pricing plans:
Pricing model: Subscription
Free Trial: Available
With Sage Intacct, you can take advantage of cost-effective, modular pricing, and pay only for what you use. There's no hardware to buy, and no large capital outlays. Just a predictable, affordable subscription. The monthly subscription fee is based on the number of users, the number of business entities you need to manage, plus any optional advanced Sage Intacct modules you require.
Q. What are the main features of Sage Intacct?
Sage Intacct offers the following features:
- Accounts Payable
- Accounts Receivable
- Audit-Ready Financials
- Automated transaction processing, data entry, and approvals
- Automatic Backups & Disaster Recovery
- Automatic upgrades
- Balance Sheet
- Cash Flow Statement
- Cash management
- Collaboration tools
- Configurable dashboards, reports, graphs & charts
- Customizable workflows and transactions
- Digital board book
- Fixed Assets
- General ledger
- Global Consolidations
- Inventory Management
- Multi-Currency Management
- Multi-Entity Management
- Order Management
- P&L Statement
- Project Accounting
- Purchasing
- Real-time business performance
- Real-time customer histories & aging balances
- Real-time vendor and purchasing information
- Reporting and dashboards
- Revenue Recognition
- Sales & Use Tax
- Salesforce.com Integration
- Segregation of duties
- Streamline procurement
- Subscription Billing
- Templated and tailored purchasing workflows
- Time and Expense Management
- Workflow management
Q. Who are the typical users of Sage Intacct?
Sage Intacct has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business
Q. What languages does Sage Intacct support?
Sage Intacct supports the following languages:
English
Q. What type of pricing plans does Sage Intacct offer?
Sage Intacct has the following pricing plans:
Subscription
Q. Does Sage Intacct support mobile devices?
Sage Intacct supports the following devices:
Android, iPhone, iPad
Q. What other apps does Sage Intacct integrate with?
Sage Intacct integrates with the following applications:
Avalara, Bill.com, Bitium, Clarizen, DATABASICS Time & Expense, ExpensePath, KeyedIn Projects, Nexonia Expenses, SAP Concur, Tenrox PWM
Q. What level of support does Sage Intacct offer?
Sage Intacct offers the following support options:
FAQs, Knowledge Base, Online Support, Phone Support, Video Tutorials
Hard to get used to in the beginning (I transitioned from QuickBooks), but as you get more and more used Intacct can be very resourceful and more powerful than other, more conventional ERP systems.