Multi-Entity Module - It’s a Game Changer!
October 13, 2022

Multi-Entity Module - It’s a Game Changer!

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

Overall Satisfaction with Sage Intacct

We use Sage Intacct for multiple clients and many of those have multiple entities. Intacct allows our employees to have one login to access all of this data. This makes our staff more efficient and eliminates the hassle of switching between different companies in the accounting system.

Pros

  • Sage Intacct allows you to pay the same vendors for multiple entities and only requires that you enter or update Vendor information once.
  • Sage Intacct allows you to simplify your Chart of Accounts by providing many dimensions to classify and report on your financial information.
  • Intacct allows consolidated Financial Reports at the push of a button. No cumbersome spreadsheets!

Cons

  • It would be helpful if credit card charges could be reclassified after they have been reconciled and/or been in a charge payoff. There are times when the coding error is not found until the month end review process. Correcting by entering a journal entry is cumbersome.
  • Setting up users with different permissions in separate entities in the same Sage Intacct Company.
  • Making smart rules and smart events easier to create for someone that understands basic coding principles, but does not know the specific coding language currently used to create smart rules and smart events.
  • Sage has helped us service more clients with fewer employees.
  • Since Sage Intacct is cloud based, our staff can service our clients from anywhere.
We use a third-party company to automate our AP. I’m excited to learn about the new capabilities that Sage Intacct has.
Almost all of the companies that I have worked in are multi-entity. This module eliminated the need to continually switch between different logins and made consolidated financial reporting seamless. This has made the team efficient and so much more productive.
Before coming to Dean Dorton, I lead the implementation for my current employer. We had help from our partner during the implementation process, but it was a long process. It was important to consider all of the possibilities with the software to ensure that it was optimized for our organization. The time spent upfront paid off in the end!

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

The multi-entity feature is a game changer!
It is appropriate for organizations that are currently juggling multiple logins for separate entities. It is especially beneficial when the financial reports for those separate entities are combined into one Financial Reporting package. If an organization can function in their current accounting software with no complaints or pain points, then a switch to Intacct may not be appropriate. However, if managing the Month End close process includes consolidating in Excel, Sage Intacct may open a whole new world of opportunities for the organization.

Sage Intacct Feature Ratings

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

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