Intacct is hard to use!
May 18, 2019

Intacct is hard to use!

James Williams | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User

Overall Satisfaction with Sage Intacct

Color of Change operates three entities, a 501(c)3; a 501(c)4; and a Political Action Committee. Intacct is primarily used by the Finance staff. We use it for recording, tracking and reporting on the financial activities of our three entities. We interface with Bill.com for accounts payable; and Adaptive for financial reporting.
  • Recording and tracking contributions.
  • Recording and tracking invoices billed to grantors.
  • Recording and tracking accounts payable.
  • Issuing 'basic' financial statements
  • Overall, I don't believe that Intacct could be characterized as "user-friendly."
  • Developing new financial reports is very complicated.
  • Using/revising standard reports is cumbersome.
  • Setting up new general ledger accounts, adding new users, setting up new employees and setting up new vendors is not intuitive.
  • Hiring staff who have Intacct experience is virtually impossible.
  • Intacct support is dismal. Problems reporting/resolution by Support takes an inordinate amount of time, if at all.
  • Our Intacct consultant, CLA, has been able to step up to resolve issues; train staff; install/interface with other systems and develop new reports.
We don't use Order Management. Our financial processes, accounts payable, general ledger, and accounts receivable were already automated. I was not working at Color of Change.org when the decision was made to acquire Intacct. I believe that there was an overall perception was that we had outgrown our old accounting system.
We use multi-entity and project accounting. Multi-entity works very well now. The inter-company accounts were set up incorrectly by the Intacct implementation team so we had to pay CLA to set up new accounts correctly, and then to reconcile the old inter-company accounts and transfer the balances into the new accounts. We were using project accounting to track grants. However, we were not able to automate the release and satisfaction of restrictions process, so we did it manually. So Intacct comes up with an automated process you charged 'an arm and a leg' for us to acquire that module.
Because we could not perform this process without paying thousands of dollars to a consultant to assist with integration.
Microsoft Dynamics - Solomon is much easier to use. Financial Edge is not very user-friendly but it's easier to use than Intacct. Intacct does have more features than Solomon and Financial Edge.
The myriad of features available is gratifying but sometimes overwhelming. Signing up for training is overly complicated. Intacct is very expensive; acquiring/installing new features is very costly. I was trained to use Intacct in November of 2017; moving up to the latest UI version has been difficult. Often times I'm not able to find functions/features in the new version that were readily accessible in the old version.

Sage Intacct Feature Ratings

Accounts payable
6
Accounts receivable
4
Cash management
4
Bank reconciliation
3
Expense management
3
Time tracking
Not Rated
Fixed asset management
4
Multi-currency support
Not Rated
Multi-division support
5
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
3
Global Financial Support
Not Rated
Intercompany Accounting
3
Journals and Reconciliations
3
Configurable Accounting
2
Centralized Rules Framework
2
Standardized Processes
4
Inventory tracking
Not Rated
Location management
6
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
End-to-end order visibility
Not Rated
Reimbursement management
Not Rated
Dashboards
2
Standard reports
5
Custom reports
2
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
6
Single sign-on capability
7