For companies that have outgrown quickbooks
January 17, 2022
For companies that have outgrown quickbooks
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Sage Intacct
We utilize intacct to manage our 43 operating real estate developments and to manage our finances at the corporate and development levels. The location feature within intacct has been invaluable in our line of work, it allows us to multiple projects/costs and corporate accounting, seamlessly.
- Location feature
- Document management
- Financial reporting
- integration of waterfalls for real estate specific industry
- With improvements, it could be one stop shop for payroll reporting
- Good ROI for companies that have outgrown quickbooks
Yes although there is room for improvement on the following: 1. The software should make sure that the AP/AR account ledger balances always match the corresponding reports....if one is not paying attention they could get out of sync, there should be an automated safety check against this happening. 2. It would be nice to have the detailed transaction information for AP/AR items show up in the general ledgers without having to drill down into the specific invoices.
As a real estate developer we are constantly turning over projects. We may manage up to 40 projects at one time at various stages in acquisition/development/Disposition. As a result of our business model there are intercompany transactions between the developer entity and the lower tier project entities which are currently set up as locations in INtacct. The downfall is that the intercompany accounts dont automatically tie into each other because of the set up (separate locations vs. separate entities). Would be nice to have the intercompany accounts tie in even with the location feature and not just the entity feature.
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?
Yes
Did implementation of Sage Intacct go as expected?
Yes
Would you buy Sage Intacct again?
Yes
Quickbooks is basic, intacct is more robust - fitting for companies that have outgrown the simplicity of quickbooks and that are looking for better multi-entity/location management and financial reporting.
Yardi Voyager is more expensive, has a higher learning curve and is intended for users with financial backgrounds whereas Intacct is more user friendly and roles/access can be customized depending on function.
Yardi Voyager is more expensive, has a higher learning curve and is intended for users with financial backgrounds whereas Intacct is more user friendly and roles/access can be customized depending on function.