Sage the day!
November 20, 2019
Sage the day!
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.
- 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.
- 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.
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.