Fantastic mid-market accountingreporting solution
Use Cases and Deployment Scope
I currently use Sage Intacct to manage accounting for multiple clients in a Family Office setting. Intacct met our requirements which included bill pay, banking connections with semi-automated reconciliations, client login abilities and others. The primary feature we chose Intacct for was the ability to do consolidated reporting. Each family has anywhere from 5 to 40+ entities and the ability to produce stand lone financials as well as consolidate them in various ways based on family ownership is critical. Also, the ability to easily monitor cash balances in the various entities to be able to pay external loans, transfer cash between entities and plan for distributions was a significant requirement. There is 'bonus' functionality that was not a requirement but I'm using such as working on a custom dashboard to monitor for specific cash planning as well as the ability to publish reports that clients can use their own login to review and drill into.
Pros
- Consolidations
- Reporting
- User Friendly
Cons
- Reporting templates for Family Office
- Better support in their help articles geared toward Family Office
- The ability to delete or create certain records by an admin (ie-AP invoices, cash receipts etc)
Likelihood to Recommend
If someone was asking about it for retail use it would be a 10 for sure. Compared to larger ERPs, Intacct has most everything most business would need and then some. For the Family Office environment it's like fitting an oval shape into a round hole. It's really close, but you have to do some manipulating in how you use it.

