Best tool for middle-market companies
Updated December 23, 2015
Best tool for middle-market companies
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Intacct
My department provides outsourced accounting services. Intacct is our primary tool for middle-market clients with needs beyond basic financial reporting and recordkeeping. With many of our clients being foreign-owned, the cloud environment and custom reporting are just what they need.
- The custom reporting package is robust and doesn't require advanced scripting training like some other ERP options.
- The web-based deployment is great for modern companies with remote employees and international business.
- Quarterly feature updates are deployed smoothly and seamlessly, unlike the tricky upgrade process of other programs.
- The various modules are somewhat "siloed" off, and some business transactions are tricky to record (reimbursing employee expenses through payroll, recording billable client expenses on corporate cards, etc.). Other programs allow cross-module transactions simply by tagging the data to the correct dimension.
- Many basic fields are unchangeable once entered, such as employee IDs and GL account numbers. You must always think ahead when adding new data.
- Cash management doesn't always mirror modern banking functions. For example, wire transfers and EFT payments still must be posted like checks with no number.
- Intacct has allowed our firm to bring on larger clients that we could previously with other accounting software options.
- Our client service has improved when using web-hosted programs, since all parties can review the live data together.
- QuickBooks Pro,Xero,QuickBooks Online,Sage 50 Accounting
Intacct offers many features not offered by smaller market programs, especially in the areas of dimensional reporting and user roles and rights. We still use the other programs for smaller or start-up clients due to their simplicity and speed.
- Fewer than 25% of my clients
Sage Intacct Feature Ratings
Intacct Implementation
- Implemented in-house