Sage Intacct: an unsullied way to present non-profit financials
June 03, 2023
Sage Intacct: an unsullied way to present non-profit financials
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Sage Intacct
We are a non-profit organization that operates afterschool programs for children from TK-12th grade in Los Angeles California area and some surrounding communities. The main obstacle with non-profit finances is compliance and Sage Intacct provides what is necessary for the yearly audit process performed by the IRS. This is my first time ever using Sage and honestly, the ability of the Reporting portion of the software is overwhelming compared to Intuit Quickbooks; a program I have used for almost 10 years. Compared to the desktop version of Quickbooks, Sage Intacct provides a more user-friendly approach with it's basic formatting and simplicity of it's processes, making for a more sincere fiscal atmosphere.
- Financial statements/reporting - formal presentation of financials is very clean
- Categorizing activity - the amount of ways to detail a single transaction seems endless
- Journal Entries - categorizing the TYPE of journal entry allows one more level of detail to the financials
- Accounts receivable payment processing - the page is confusing when it comes to selecting the invoices the payment will be applied to
- Allow journal entries to be adjusted without having to reverse then re-enter; then leaving a note or something for that transaction showing the update
- Allow posted invoices to accept/obtain attachments; not locked after "Posted" status hits
- Increase on compliance with GAAP standards
- Reporting presentation looks professional
The general ledger portion of Sage Intacct has allowed our team to prepare, analyze, and close books quickly and efficiently. Both accounts payable and receivable processes have sped up through the integration of Bill.com; the simplicity of accessing the aging reports makes the process more organized and less intimidating.
Our organization does not use these advanced modules yet. In the future, we may find a benefit to using the time and expense management features for the specific school sites and their individual limitations compared to fellow site/locations.
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?
I wasn't involved with the implementation phase
Would you buy Sage Intacct again?
Yes
Comparing to QuickBooks Online, Sage Intacct does not have cute animations or aesthetic details that essentially slow the program down and distract the user from the perilous topic that is finance. Unnecessary items that catch the user's eye takes their attention away from the sensitivity of what they are working on.