TrustRadius
Sage Intacct Modernized Our Finance and Accounting Organization
https://www.trustradius.com/accountingSage IntacctUnspecified8.3716101
Jason Guinn profile photo
August 17, 2018

Sage Intacct Modernized Our Finance and Accounting Organization

Score 9 out of 101
Vetted Review
Verified User
Review Source

Overall Satisfaction with Sage Intacct

Sage Intacct is our single source of the truth for enterprise-wide finance and accounting data. Four profit centers and seven cost centers spread across four entities with operations in two states are supported by Sage Intacct. We use Sage Intacct for accounts payable, accounts receivable, financial reporting, general ledger activities, tax tracking, and all ancillary finance and accounting functions.
  • Sage Intacct tremendously simplifies our chart of accounts by allowing us to use multiple dimensions to accurately track and report on expenses and sales. We now have a universal set of simple GL accounts, consistent across all entities and departments.
  • Sage Intacct allows us to extract and report upon detailed financial information very quickly. We are able to support operations more effectively by significantly reducing the amount of time required to get answers around financial information.
  • Sage Intacct eliminates IT-related issues and delays. Software updates are reliably scheduled and rolled out to the entire Intacct user base simultaneously. We spend zero time or money maintaining servers, applying updates, etc...
  • I would like to see published pricing for add-on modules without having to engage an account executive. This would allow us to determine if a particular module we are considering is priced in a way that makes sense for the value we hope to gain from deployment very quickly.
  • Sage Intacct has tons of flexibility supporting customizations like smart rules. An object-oriented, visual smart rule builder would be a great enhancement.
  • Sage Intacct allows us to answer questions about financial data in a small fraction of the time it took with our legacy ERP.
  • Sage Intacct has eliminated many processes that previously required manual data entry by integrating with our expense report management suite, our payroll provider, a sophisticated planning & budgeting module, and other critical integration points.
  • Sage Intacct offers a superior level of trust in our financial data by enforcing standardized, centralized business rules across all entities.
Inter-entity transfers are handled automatically. Recurring accounts payable bills have significantly reduced the time our AP clerk spends processing monthly recurring bills. Integration with and automation surrounding payment for expense reports has trimmed dozens of hours per month off of our processes. Payroll journal entries are now automatically brought into Sage Intacct using its API instead of manually entering the data.
Multi-entity support allows a single platform to support our entire enterprise from one place. Our users have a truly single sign-on and the user experience inherently assigns expenses and revenues across the appropriate entities automatically. Inter-entity transfers are made automatically and without extensive user intervention. Reporting on financial performance of the entire enterprise, or getting as granular as a single physical location for a single cost center is made easy with Sage Intacct.
Sage Intacct offers robust development support and has good, easy-to-find information about its API. The Sage Intacct Marketplace allows users to identify solution sets that have undergone all the development necessary to very rapidly deploy integrations. The integrations offer deep levels of access to data and perform in a truly bidirectional manner. There has not been an instance yet where we were unable to exchange a particular field or piece of information with an external system that we needed to have imported into or exported out of Intacct.
We quickly eliminated all ERP offerings that required care and feeding of a dedicated server, strongly opting for a multi-tenant hosted SaaS solution. We intentionally wanted to eliminate our IT department from needing to support our Finance and Accounting team, and Sage Intacct serves as the core product in support of achieving that goal. Compared to other SaaS offerings, we found the user experience to be superior with Sage Intacct and the implementation to be a positive experience, with a team that took the time to understand our business and offer recommendations for enhancing our business processes to best leverage the capabilities of Sage Intacct.
Medium to large organizations will thrive well with Sage Intacct. An organizational commitment to modernizing accounting must be made in order to leverage all the benefits that Sage Intacct has to offer. Users should be open to learning new, better ways to perform accounting functions and take advantage of Sage Intacct's dimensional structure.

Sage Intacct Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
Not Rated
Expense management
8
Time tracking
Not Rated
Fixed asset management
7
Multi-currency support
Not Rated
Multi-division support
10
Regulations compliance
10
Electronic tax filing
Not Rated
Self-service portal
10
Global Financial Support
Not Rated
Intercompany Accounting
9
Journals and Reconciliations
9
Enterprise Accounting
9
Configurable Accounting
10
Centralized Rules Framework
10
Standardized Processes
8
Inventory tracking
Not Rated
Location management
10
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
End-to-end order visibility
Not Rated
Reimbursement management
Not Rated
Dashboards
9
Standard reports
8
Custom reports
8
API for custom integration
10
Plug-ins
9
Role-based user permissions
10
Single sign-on capability
10