Great for quick consolidations!
November 13, 2019

Great for quick consolidations!

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

Overall Satisfaction with Sage Intacct

Our group includes about 20 individual entities in 3 countries. Prior to implementing Sage Intacct, we were accounting for these entities in separate instances of QuickBooks. Consolidating these entities, with multiple currencies, was done manually in Excel. The process was so difficult that we couldn't even complete it every month. And once we did complete it, the information was already outdated. Now, we can complete consolidations in a few clicks an update them as often as needed, even multiple times per day.

Pros

  • Global consolidations, multiple currencies.
  • Regular releases of new and updated features.
  • Single-step, multi-entity journal entries.

Cons

  • Intacct has difficulty handling transactions when an entity owns a bank account in a different currency than its own base currency.
  • Super easy to add new entities.
  • Streamlined consolidation and monthly close.
Processes like bill paying, employee expense reimbursement, payroll have seen significant improvements from Intacct automation.
The multi-entity and global consolidations features have been essential in improving our ability to consolidate and close the books in a timely manner.
The open API is very helpful. Would like to see more pre-built integration options.
Considered both Intacct and NetSuite. Products are similar, but ultimately the cost for each additional entity was so much lower with Intacct than with NetSuite, it made the decision easy.
Intacct is very helpful for mid-sized companies with several entities.

Sage Intacct Feature Ratings

8.2
Accounts payable
9
Accounts receivable
9
Cash management
10
Bank reconciliation
9
Expense management
7
Time tracking
Not Rated
Fixed asset management
7
Multi-currency support
7
Multi-division support
9
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
6
Intercompany Accounting
8
Journals and Reconciliations
9
Enterprise Accounting
8
Configurable Accounting
8
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Not Rated
Inventory tracking
Not Rated
Location management
Not Rated
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
End-to-end order visibility
Not Rated
Not Rated
Reimbursement management
Not Rated
7.7
Dashboards
7
Standard reports
8
Custom reports
8
7.5
API for custom integration
8
Plug-ins
7
8.0
Role-based user permissions
9
Single sign-on capability
7

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