Sage Intacct: Solid core accounting functionality, decent reporting, good but hard to implement contract revenue module
November 20, 2019

Sage Intacct: Solid core accounting functionality, decent reporting, good but hard to implement contract revenue module

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

Overall Satisfaction with Sage Intacct

We use Sage Intacct as our core accounting system: GL, AR, AP. Additionally, we use the contract module to ASC 606 revenue recognition and integration with Salesforce.

Pros

  • Contracts Module is quite customizable and manages most of our revenue and billing.
  • Integration with Salesforce helps prevent duplicate manual entries.
  • Solid core GL, AR, AP functions.

Cons

  • The Contracts module is complex and difficult to wrap your head around. Training is lacking especially upon initial setup when you are trying to figure out how all current contracts should be imported.
  • Digital Board book is difficult to setup correctly.
  • Using Intacct we've been able to go from one product line to acquiring and fully integrating 3 more companies/lines while keeping the increase in headcount to a minimum.
  • Intacct has greatly expanded our reporting capabilities and once reports are designed to specification they can be memorized and run with a push of a button, vastly cutting down on previous manual work done in Excel.
We have not yet taken advantage of many of the automation processes available in Intacct.
The only advanced module we've used is the contract revenue management. It was a huge pain in the butt to implement and took a very long time. However, it has laid a foundation to significantly decrease monthly setup and revenue recognition while allowing us to report under ASC 606 without massive amounts of Excel work.
The core modules were not very hard to integrate but the contract module was so unique that it was hard to implement.
Intacct is great for easy integration of other companies. The import function allows mass imports for quick setup.

Sage Intacct Feature Ratings

8.0
Accounts payable
8
Accounts receivable
7
Cash management
9
Bank reconciliation
10
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
5
Multi-currency support
6
Multi-division support
8
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Intercompany Accounting
8
Journals and Reconciliations
8
Enterprise Accounting
9
Configurable Accounting
8
Centralized Rules Framework
9
Standardized Processes
9
Not Rated
Inventory tracking
Not Rated
Location management
Not Rated
7.0
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
7
End-to-end order visibility
Not Rated
7.0
Reimbursement management
7
8.3
Dashboards
7
Standard reports
9
Custom reports
9
9.5
API for custom integration
10
Plug-ins
9
10.0
Role-based user permissions
10
Single sign-on capability
10

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