Item: Sage Intacct
Rating: 6
Author: Jana Cotta

Use Cases and Deployment Scope

Our company has rather complex accounting for our costs and receipts, because of our multiple entities. We found Intacct to be useful because it passes the criteria that is required by our compliance rules for our industry, and our CPA firm can also log on and use our data for tax reporting.

Pros and Cons

Being web-based, multiple users can log in and complete transactions from any location
We are able to split expenses among multiple entities, and then roll-up to the parent company
It passes the necessary privacy and compliance requirements for FINRA

We would like to be able to customize more fields
We would like to be able to make adjustments to the field names without needing to use a programmer
The Projects module was necessary for our business, but it has several limitations

Sage Intacct Automation

We use these features daily.

Sage Intacct Extensibility

We also use these for our multiple entity organization. However, we are using terms that don't accurately describe how our company is organized (i.e., we use the feature "location" to describe the different funds that we are passing along expenses to. We are told that this cannot be altered.

Ease of Integration

If we are talking about the integration of other softwares, then we only refer to our expense-reporting software, Expense Cloud. We have had a few glitches, but it's greatly appreciated that we can integrate the two.

Likelihood to Recommend

It is well suited for the financial industry, however, we find the Projects module to be less-than-perfect. We need it so that we can pass our expenses along to the funds that we manage, but making adjustments (especially credits) or adding detail to invoiced lines is often very labor-intensive or impossible.

The best that we could find for our needs.

Overall Satisfaction with Sage Intacct