Transitioned from QuickBooks and are happy!
May 24, 2019

Transitioned from QuickBooks and are happy!

Matt Guns, CPA, CPM | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Sage Intacct

We are in the process of implementing Intacct at Blackbird Investments. I used Intacct for the last 5 years at my prior employer, and it's the first major accounting change I'm making at my new employer. Blackbird currently uses Quickbooks' desktop version and doesn't give us the efficient operations and global views I need to effectively manage the accounting functions here at Blackbird, so we've made the decision to implement Intacct.

Pros

  • Global dashboard views.
  • Efficient A/P processing.
  • Excellent reports.

Cons

  • The user interface does make it difficult to find the less used options within the system.
  • The professional reporting abilities really legitimize our company as a whole.
  • The ease and efficiency of the A/P processing we get with Intacct will probably keep us from having to hire another at least part-time employee, which basically pays for the cost of the software.
  • The pricing is a little excessive for some of our entities that really only have a couple of transactions per year.
Blackbird is just implementing Intacct, so I'm not able to answer much for my current company.
In my prior company, though, I utilized a lot of automation features, like recurring bills and journal entries. The other ability I really liked was the allocation feature, which allowed me to easily spread large bills over all of our properties or entities. It made payroll and expense reimbursements between entities very easy, compared to manually calculating the entries in Excel and manually entering the data.
I have only used the multi-entity platform on Intacct, and haven't used many of the other add-on modules Intacct offers. The multi-entity reporting abilities are excellent, though, and the global dashboard capabilities are definitely a big reason Blackbird is making the switch to Intacct. We currently don't have any global financial views available in Quickbooks, which really makes the whole accounting department very inefficient.
I'm not able to answer this yet, as we just had our introductory call with our implementation team on Tuesday, so we haven't really started this process yet.
In addition to Quickbooks, I used older legacy systems, like MAS90. Intacct isn't necessarily easier to use than Quickbooks, but it's not necessarily meant to be easier either. For what it's capable of doing, I think Intacct is very user-friendly. It also makes a lot of processes much more efficient than my team could ever be in QuickBooks. The reporting also looks considerably more professional.
Intacct is very well suited for companies like Blackbird, with many different entities all acting in concert with one another. Real estate companies, in my experience, are a particularly good fit for Intacct.
Intacct is less well suited for smaller companies who don't have robust reporting and consolidation needs. The system is probably a little more robust than a typical small LLC would need. It's definitely a good next step for companies like ours, though, who have outgrown the abilities of Quickbooks and other small business types of systems.

Sage Intacct Feature Ratings

Accounts payable
8
Accounts receivable
Not Rated
Cash management
8
Bank reconciliation
9
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
Not Rated
Journals and Reconciliations
8
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
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
8
Standard reports
9
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
8
Single sign-on capability
9

Comments

  • Sameera Kelkar | TrustRadius Reviewer
    Thanks so much for your review, Matt! As Blackbird continues to take advantage of Sage Intacct, we'd love to chat with you about your experience. If you're open to it, we'd be happy to reach out. In the meantime, feel free to direct any questions you may have to Sameera at reviews@intacct.com. Thanks again!

More Reviews of Sage Intacct