Intacct for small multi-entity company
May 23, 2019

Intacct for small multi-entity company

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Sage Intacct

Intacct is used by the entire organization for all locations (4 total) and departments. It is our only accounting software. We use the General Ledger, Accounts Receivable and Accounts Payable modules. The AP module can be used to make payments from our bank account. We also use the reporting system for P&Ls and Balance Sheets.
  • Customizable reports. Can really create exactly what you need once you learn the reporting system.
  • Intuitive to use. AP and AR Modules make sense and you do not need much training to be able to understand them.
  • Can log in from anywhere in the world!
  • The 'new' Beta version of Intacct is missing things like creating location groups, we have many location groups so this is crucial. This is a consistent issue, having to switch back to the 'old' Intacct to perform certain functions.
  • Reporting system could be easier and more intuitive, it is very 'coding' like.
  • ROI has been neutral. We have had this software for awhile and do not want to change softwares.
  • Many of our employees work remotely so in this capability, Intacct is perfect. + ROI due to flexiblity of work locations and hours.
Our organization currently does not use any automated core financial processes.
Our business model includes many entities, and the multi-entity module has worked very well for our company. We are able to use Intacct for one entity or for all, and it is great that you can toggle between windows of different entities. The system opens up a new window for each entity.
I have not used or evaluated any other products like Sage Intacct.
Sage Intacct works great for our small to medium sized company. We are able to make payments directly from our Wells Fargo account. However, because the reporting system operates separately from the General Ledger, we often have to double check reports against trial balances as things often come out incorrect. You can pay consulting companies to set up customized reports, but when you need a specific report for a shareholder right away, this is not ideal.

Sage Intacct Feature Ratings

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