If You Need Scalability Quickly, Choose Sage Intacct
Kevin Jackson | TrustRadius Reviewer
Updated February 06, 2019

If You Need Scalability Quickly, Choose Sage Intacct

Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Sage Intacct

Sage Intacct is currently being used by our Finance and Accounting teams to efficiently and effectively account for our enterprise's operational activity. It solves the problem of helping us comply with certain accounting standards while providing operational insight to our Senior Management team in a controlled manner. This insight is paramount to making data-driven decisions needed to ensure ongoing growth and value for our investors.
  • Sage Intacct takes the worry out of accounting for a subscription-based revenue model by providing granular revenue recognition schedules supporting each contract.
  • The multitude of marketplace partners is fantastic. We often come across a need that may be specific to the way our organization works, and 9 times out of 10 we can find "an app for that" to integrate with Sage Intacct seamlessly and in a cost-effective manner.
  • When it comes to audit time, it's easy to provide support for auditor's sample selections because documentation can be attached directly to the transactions being tested. No longer do we have to rummage through our filing cabinet for hours. Instead, we take on the mindset of always being ready for an audit, and Sage Intacct supports this mindset.
  • Dashboards and Financial Reporting are strong and easy to customize with Sage Intacct. Our business unit leaders manage their budgets simply by drilling down on figures displayed in their Dashboards. They can even drill all the way down to the documentation supporting the transactions, recalling the event that led them to question its appropriateness.
  • There are so many fields that Sage Intacct captures, that is sometimes difficult to find the correct field when customizing reports. However, there's been a recent development to simplify the UI helping to solve this problem.
  • I wish there was a way to approve multi-entity journal entries without having to switch entities, similar to approving payments.
  • I love the Fixed Assets and Prepaids module's functionality, however, they require a bit more technical understanding than the core modules.
  • Timing has improved because Sage Intacct's features and workflows allow us to reduce our monthly close process from 20 to 5 days consistently.
  • Accuracy and accountability have improved significantly because we can easily instill controls to ensure such.
  • We are now scalable and ready for those surprises.
We get to go home at a decent hour because we've configured our workflows within Sage Intacct to be fluid and effective.
We are currently implementing Contract Revenue Management so we can be ready for ASC 606. In addition, the Fixed Assets and Prepaid modules have automated depreciation and expense recognition entries, getting us off of spreadsheets.
There's connectors or direct API integration for a multitude of add-ons. The Salesforce integration helps us speed up the order to cash process, and is instrumental across our organization, not just for Accounting and Finance.
I've used QB, Oracle, Coda, and NetSuite. All are fragmented or take tons of consulting time to get to where you need them. Sage Intacct thought ahead and solved this for us without having to keep paying.
Workflows are fantastic and exemplified in one way through the ability to convert a document into another type of document just by clicking a button. For example, if we have to issue a credit memo, we can go into the invoice that needs to be credited, and click "Convert to Credit Memo". This alleviates the need to start from scratch and re-enter all the info on the credit memo because it just takes it from the invoice.

Sage Intacct Feature Ratings

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