Easy of use for complicated multi currency situations
Updated October 24, 2018

Easy of use for complicated multi currency situations

Belinda Nolte, CPP | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Sage Intacct

Used for A/P, Invoicing and A/R, expense report, approval processes, time sheets, fixed assets, financials.

Pros

  • Approval process for Accounts Payables, approval workflow works well and saves time.
  • We use multiple currency and financial consolidations for multiple companies. Quick and efficient for information at your fingertips.
  • Report writer is very intuitive and easy to build customer reports. As well as system reports are good general reports and have found many to be very useful.
  • Departmental financials. Great for department heads to see their expenditures.

Cons

  • Intelligence built into file uploads. For example, if uploading invoicing information, you must include the customer's terms. Would be nice if this defaulted from the customer master file.
  • Reversal of a Reversal.
  • Auto tie of a credit memo to an invoice.
  • Provided controls via security and approval processes.
  • Consolidated financials, quick and easy at a moments notice
Intacct provides audit of transactions and required approval processes to meet standard accounting practices. Role based security to limit or grant appropriate level of authority for users. Ability to close prior periods prevent accidental posting to wrong period as well as controls to prevent transactions without required information. Provides for greater financial accuracy.
We use multi-currency and multi-entity & global consolidations modules. Providing consolidate financials at our fingertips.
As we have not done to many integrations at this time it is hard to rate. We use Tally for expense reporting and this was easy to setup and integrate.
One of the main reasons we selected Intacct was the ability for the system to grow with our business.

Sage Intacct Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
10
Bank reconciliation
10
Expense management
10
Time tracking
10
Fixed asset management
8
Multi-currency support
9
Multi-division support
10
Regulations compliance
10
Global Financial Support
Not Rated
Intercompany Accounting
9
Journals and Reconciliations
10
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Pricing
9
Order entry
9
Dashboards
5
Standard reports
10
Custom reports
9
Role-based user permissions
9

Hi-Tech Usage

Consolidated financials have helped us to be able to get an overall view of our multi entities
With the click of a button consolidated financials from multi currencies that would have taken days previously

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