Great for quick consolidations!
November 13, 2019
Great for quick consolidations!
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 And once we did complete it, the information was already outdated.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.
- Global consolidations, multiple currencies.
- Regular releases of new and updated features.
- Single-step, multi-entity journal entries.
- 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.