If you are in the market now for a new accounting solution, think twice before going with an on-premises solution.
Farris Hamwi | TrustRadius Reviewer
May 15, 2015

If you are in the market now for a new accounting solution, think twice before going with an on-premises solution.

Score 10 out of 10
Vetted Review
Review Source

Software Version

SaaS

Modules Used

  • CORE

Overall Satisfaction with Intacct

Our organization considered many accounting solutions, both on premises and cloud, and settled on Intacct because of the health and strength of the company; the product's dimensional and reporting flexibility and capabilities; and overall product features and the positive end user experience it provides.
  • The concept of GL Dimensions gives you reporting flexibility without having to manage an overly complex GL Account structure.
  • Intacct releases on a quarterly basis new product features and enhancements seamlessly. There is great focus on quality control, allowing the end user to take advantage of enhancements in a timely fashion without the headache of upgrades and the technological challenges that go with it.
  • Dashboards in Intacct are very easy to create and manage, and you are able to take advantage of them as soon as you have data in the system. Dashboards come standard and are part of the core modules.
  • Intacct has not focused much on improving the inventory module. Inventory is handled well if you have basic needs, but do your diligence if you have more complex requirements.
  • Increased employee efficiency
  • Better customer service
Dynamics SL has a good Project Accounting module, but it is very antiquated; some businesses need those features: I have seen some companies use very old solutions, and they are married to them because they have been highly customized and do one thing that they must have really well. I'm glad I'm not in that position.
If your organization has complex inventory needs, or if you are looking to revamp some of the user interface screens by customizing them, I would not recommend Intacct or any other cloud solution for that matter.

Sage Intacct Feature Ratings

Accounts payable
10
Accounts receivable
8
Cash management
8
Bank reconciliation
8
Expense management
10
Time tracking
8
Multi-currency support
9
Multi-division support
10
Regulations compliance
Not Rated
Electronic tax filing
9
Self-service portal
10
Inventory tracking
6
Location management
6
Pricing
9
Order entry
9
Credit card processing
9
Cost of goods sold
8
Dashboards
10
Standard reports
10
Custom reports
10
API for custom integration
10
Plug-ins
10
Role-based user permissions
10
Single sign-on capability
10