Sage Intacct: Good at most things
Updated May 16, 2024
Sage Intacct: Good at most things
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Sage Intacct
Sage Inracct is used across the whole company. It is mostly used for company financials, but our project managers use reports to help run their jobs. The financial part of Intacct works very well. With the new Construction module, the project accounting is much better. We can now do more inside of Intacct and not have to do it in excel.
- The cash management module is very easy to use and works well. Makes bank reconciliations easy.
- The Report Center is very nice; there are many standard reports. But the report writer is great, gives you the ability to create reports for what you need.
- AP and AR modules are also very easy to use. The Manage View feature is very handy to help sort by specific things to make finding entries easy.
- The Project module needs more functionality. It is basically a data entry area. The schedule of values isn't in Intacct at all. You have no visibility of invoices by project or to be able to tell what invoices on that project are open without going to a different module and running reports. In the Project module, you get very high-level information, but you're not able to get any good detail.
- Purchase orders cannot be edited/updated after they have been partially converted. This is a big oversight; it is very common to have to add items to a PO, especially for items like freight which is completely unknown at the time of PO creation. You should be able to at very least be able to add new likes to a PO after partial conversion.
- You should be able to have as many Project Items/cost codes as you want. If you're a project-based company and all projects are completely different, you need to be able to track against many items.
- It has been a big time saver with having more functionally than our previous QuickBooks
- The new construction module is starting to save time now the the project contract is loaded into Intacct. The ability to generate invoices off the contact has saved time and cut down on entry errors.
- Having the ability to attach copies of invoices to our bill entry saves us time looking up old invoices or anything else that is attached to the entry in the system that we weren't able to do before Intacct.
- The current change order process is a bit time consuming process, but Sage is improving this with quarterly releases.
Having the agility to setup automatic recurring entries has saved us time and accuracy. Being able to have anything automated is obviously a time saver and increases accuracy. I am looking forward to seeing the AP automation with two-part PO matching. Once they have this capability, i will be looking to add this to our subscription.
We have used global consolidation, multi-entity, and project accounting modules. The global consolidation and multi-entity have been great. Working with different entities in different currencies can be very confusing, and Intacct has been a big help with making this easier. The project accounting has been somewhat of a letdown, doesn't have enough functionality. With the addition of the CRE module, the project tracking is much better and has helped us greatly.
Sage is much more user friendly, from navigating the system to data/transaction entry. I feel for the way we track projects, Sage is a much better fit for our company as it does not overcomplicate everything.
Do you think Sage Intacct delivers good value for the price?
Yes
Are you happy with Sage Intacct's feature set?
Yes
Did Sage Intacct live up to sales and marketing promises?
Yes
Did implementation of Sage Intacct go as expected?
Yes
Would you buy Sage Intacct again?
Yes
Sage Intacct Feature Ratings
Using Sage Intacct
| Pros | Cons |
|---|---|
Like to use Relatively simple Easy to use Technical support not required Well integrated Quick to learn Convenient Feel confident using Familiar | None |
- Journal entries
- bank Reconciliation
- Accounts Payable
- Cash management
- Project Change Orders
- Project Contract invoicing
- ICRW report building