Sage the day!
November 20, 2019

Sage the day!

Alicia Hernandez | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Sage Intacct

We use Sage Intacct in the accounting department but all other departments have read only access to be able to view their current financial position.

Pros

  • Charge cards - it integrates well and makes it easy. We also use Expensify and it's integration also frees up some time to focus on other things.
  • Revenue recognition is amazing because it that allows an automatic monthly recognition instead of a manual one.
  • The reporting allows for customization so we've been able to create reports group that we use on a monthly, quarterly and even yearly basis.

Cons

  • The AmEx charge card screen does not allow for allocations so if we have to allocate an expense we have to do it manually.
  • Reduced time spend on manual intercompany entries.
  • Allocation tables have made it easy to properly allocate expenses automatically.
  • Dashboards provide great information.
General ledger is amazing with the recurring JE and if they need to be updated they are very easy to adjust. We are looking into AP and AR automation to reduce the work of manual entries and to improve the workflow. There are quite a few companies that integrate with Intacct so it's just a matter of finding the one that's a right fit for us.
We use the project module to keep track of FY for our insurance fund companies. We need to keep the expenses for those claims on a FY basis and the project module has helped with that portion. We've looked into contracts but they seem a little more convoluted and time consuming to really help with what we need at the moment.
I was not a part of the organization when Sage Intacct was implemented. However, I did hear that it was fairly easy to transition from Quickbooks to Intacct. I can say that Intacct is very user friendly. It didn't take long to find my way around but if I did need help, Intacct has a great learning library with videos.
We were on QuickBooks (QB) before we implemented Sage Intacct. With Intacct we've been able to reduce the amount of time it takes us for our intercompany transactions as they are not automated. With Intacct, all we have to do it mark it as an intercompany transaction and Intacct creates the JE automatically. QB did not have this feature.
We have a lot of intercompany transactions and Sage Intacct allows us to easily record these and automatically creates the intercompany entries. This has been a time saver and there is also less error. We had previously been doing these entries manually. Needless to say that that left a lot of room for errors.

Sage Intacct Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
9
Time tracking
Not Rated
Fixed asset management
10
Multi-currency support
Not Rated
Multi-division support
9
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
10
Global Financial Support
Not Rated
Intercompany Accounting
10
Journals and Reconciliations
10
Enterprise Accounting
Not Rated
Configurable Accounting
10
Centralized Rules Framework
10
Standardized Processes
10
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
10
Standard reports
10
Custom reports
9
API for custom integration
10
Plug-ins
10
Role-based user permissions
9
Single sign-on capability
10

Comments

More Reviews of Sage Intacct