Item: Sage Intacct
Rating: 8
Author: Gregory Stell

Use Cases and Deployment Scope

We use Sage Intacct for outsourced accounting services to our clients. Provides cloud based solution to provide outsourced accounting for multiple clients in a remote work environment. Product provide a simple and intuitive SAAS that allows us to cross train multiple employees across our clients and integrate new employees quickly.

Pros and Cons

Easy to create journal entries and add supporting information
Robust reporting features
Memorized reports feature is helpful

Trial balance headers do not freeze to top of the screen
Can not show trial balance net of Debits and credits
Opening certain parts of ERP (GL Detail) opens a new window which gets messy

Return on Investment

ROI is speedy close
Ability to serve multiple clients
can cross train different employees easily

Sage Intacct Automation

Our outsourced accounting department currently use BlackLine and BL Journals. However, we are using an automated AR integration has been used.

Sage Intacct Extensibility

Our team does not use advanced modules. I work with one Company that uses multiple entities and eliminations for consolidations. The robust reporting modules allow for presenting consolidated and consolidating schedules for greater value to the users of the financial statements. Additionally, we use budgeting module to providing monthly reporting of budget vs actual across a variety of expense categories.

Sage Intacct Configuration

Configuring reports requires the use of out internal team who specializing in configuration. However, simple changes are able to be made myself and my team. Additionally, almost all requested reporting configurations we have requested out internal Intacct team to make have been accommodated. The rating of 6 reflects that configuration requires a higher level skilled employee but is still a 6 as we can make decent amount of changes ourselves.

Key Insights

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

Alternatives Considered

NetSuite ERP

Netsuite has certain benefits over Intacct - primarily the search bar that allows a user to search for a journal entry number, document name, vendor, or report/saved search. This greatly reduces number of clicks and speeds up processes. Netsuite reporting is not as robust which results in simpler less useful reports for the users of financials. Additionally, Netsuite's reports are difficult to create and navigate, CNTRL-F search function within a report is massively lacking compared to intacct

Other Software Used

NetSuite ERP, BILL, Bloomberg Tax Advantage

Likelihood to Recommend

I would recommend this to any company looking for an ERP and it has served our client who provides leasing. I have not seen that this ERP would be appropriate for inventory management and consumer product companies. A fixed asset integration would be helpful for many clients, even in a limited capacity.

A pretty good ERP

Overall Satisfaction with Sage Intacct