Sage Intacct is a must for multi currency, multi country
Updated April 05, 2023
Sage Intacct is a must for multi currency, multi country

Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Sage Intacct
Sage Intacct is being used to consolidate across 6 different countries. It is also used to manage over 200 restricted funds within each country. It helps in consolidating over multi currency accounts. It allows for each individual entity (country) to use and produce reports. In addition the consolidated reports can be produced to use as those are needed. These are each different types of reporting.
Pros
- Reporting based on many dimensions.
- Handling of multi currency.
- Ability to access a cloud based system from anywhere.
Cons
- Setting up of reporting can be an issue.
- Tracking entries that did not use proper dimensions.
- Reports when exported to excel do not include the formulas.
- It has streamlined some of the processes.
- It has allowed different people to access from various places.
- Reporting has allowed for changes in process to save time.
We have not due to the changes that have to be done after entry. It is harder to change coding when using an automated system. Client needs to understand to make changes before being entered vs after.
Global consolidations is used and works to help have one international system. It is helpful to have each entity use the same codings and same system even is the process is slightly different.
Do you think Sage Intacct delivers good value for the price?
Yes
Are you happy with Sage Intacct's feature set?
Yes
Did Sage Intacct live up to sales and marketing promises?
I wasn't involved with the selection/purchase process
Did implementation of Sage Intacct go as expected?
Yes
Would you buy Sage Intacct again?
Yes
Sage Inacct allows for more dimension reports. It allows for multi currency. It also allows for various users to only have certain access. The security is a big issue since it is cloud based.
Sage Intacct Feature Ratings
Not-For-Profit Usage
Fund balances are easily figured out. User friendly.
- Bill
- Certify
- Expensify
Easy to integrate. Not all dimensions were coming over though.
Don't use currently
Changed from using excel sheets for this to the system.
Helped get a broader idea how the entier organization is working vs one country.
Hi-Tech Usage
Better information to make decisions, not necessarily unplanned growth.
Not an issue for a non profit
Close is still taking time, need to automate more.
Do not use Saleforce.
COVID-19 Updates & Changes
Wish that Bill would be able to sync all dimensions.
Using Sage Intacct
10 - All the accounting side.
1 - One person has the training and helps to answer all questions.
- Easier reporting
- Consolidation information
- Able to record inter entity information
- Syncing of expenses
- Approval process
- Sharing of information
- More syncing
- Quicker close
Evaluating Sage Intacct and Competitors
Yes - QBs desktop. Unable to see across all entities
- Cloud Solutions
- Scalability
- Integration with Other Systems
- Ease of Use
Cloud Solutions as we are all over the world.
Set up the quick template differently
Sage Intacct Support
Pros | Cons |
---|---|
Quick Resolution Good followup Knowledgeable team Problems get solved Kept well informed No escalation required Immediate help available Support cares about my success Quick Initial Response | None |
Did not purchase premium support.
Anytime a ticket is submitted we do receive timely response.
Using Sage Intacct
Pros | Cons |
---|---|
None | None |
- Financials in different ways
- General ledger reporting
- Finding what accounts are missing a dimension
Comments
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