Intacct was a good move for us, it continues to improve functionality IntacctUnspecified8.4885101
Mark Simmonds CPA CMA CA profile photo
May 21, 2019

Intacct was a good move for us, it continues to improve functionality

Score 7 out of 101
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Overall Satisfaction with Sage Intacct

Currently it is being used by the accounting department mainly to process transactions. We are trying to use the AP approval workflow to have budget owners approve transactions, but it is not a very robust process, quite disappointing actually. So we use the PO approval workflow but we do not need PO's so this is just a hack to get what we need.
  • Drill down capability is awesome.
  • Reporting is flexible and we are getting better at customization.
  • AP approval workflow doesn't work well at all
  • The intercompany entity transactions are confusing to set up
  • The professional services supportS that we have received are not very knowledgeable about the modules
  • We have been able to perform a 10-day close using Intacct, which generates a positive ROI for my team
  • Our reporting and access to transaction level details is also a positive ROI
  • I have not freed up time for my AP accountant as the AP and PO approval workflows are cumbersome, negative ROI here
Somewhat. We have set up recurring invoices in AP.
The multi entity consolidations save us a lot of time, however we are still struggling with the inter-entity transaction set up.
I still feel like a lot of things were not explained fully to us - we did not know the right questions to ask, and some of the implementation was not done correctly.
There's still some work to do to justify this being the preferred software of the AICPA. I've used Workday Financials previously and that is much more robust. Please see my prior comments.

Sage Intacct Feature Ratings

Accounts payable
Cash management
Bank reconciliation
Fixed asset management
Multi-division support
Self-service portal
Global Financial Support
Intercompany Accounting
Journals and Reconciliations
Configurable Accounting
Standardized Processes
Standard reports
Custom reports
Role-based user permissions
Single sign-on capability