A Great Accounting and Reporting Tool
November 16, 2019

A Great Accounting and Reporting Tool

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

Overall Satisfaction with Sage Intacct

Sage Intacct is being used by the finance and accounting team as an accounting and reporting tool. It helps review the transactions at the granular level. These are then used to build reports and trend analysis for management reporting purposes. Intacct is also integrated with our reimbursement and HR tool and works seamlessly.

Pros

  • Capturing transactions at multiple dimensions makes it easier to slice and dice the data.
  • Integration with other tools helps reduce turnaround time for monthly closure of books of accounts. It also improves accuracy levels.

Cons

  • An automated form of bank reconciliation will definitely help. Intacct should allow uploading the bank statements or linking them with the banking portal and populate the bank reconciliation.
  • The budgeting and forecasting module looks cumbersome in present shape and order. A simpler version for mid-sized organizations will help.
  • There are certain ledger accounts that need reconciliation now and then. Possibility to add a check and measure will help make review smoother.
  • Settling-off intercompany transactions should be automated. This is time-consuming and is prone to a lot of manual computations.
  • We are able to close each month quickly and effectively. We are also able to provide a multi-dimensional view of the transactions to the leadership team. Thus, helping in timely decisions impacting the business.
We have not been using automation extensively at our organization. We would like to explore more on this.
We are a multi-product, multi-entity, multi-location organization. Intacct definitely helps in the timely input of transactions with various dimensions. The monthly closing is effective and efficient.
There are a lot of tools that have been integrated with Intacct and they work quite seamlessly.
I find Intacct to be quite flexible to modulate to business needs. It is user-friendly and once understood, ease of operating is quite high.
Sage Intacct is best suited for granular capturing of transactions across multiple dimensions. This is a plus for slicing and dicing of data.

Sage Intacct Feature Ratings

7.8
Accounts payable
9
Accounts receivable
9
Cash management
Not Rated
Bank reconciliation
8
Expense management
8
Time tracking
9
Fixed asset management
Not Rated
Multi-currency support
8
Multi-division support
9
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
7
Intercompany Accounting
6
Journals and Reconciliations
6
Enterprise Accounting
8
Configurable Accounting
6
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
9.0
Reimbursement management
9
7.0
Dashboards
Not Rated
Standard reports
7
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
7.0
Role-based user permissions
7
Single sign-on capability
Not Rated

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