Easy, Simple with financial management
October 03, 2023

Easy, Simple with financial management

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

Overall Satisfaction with Sage Intacct

Multi-Entity and Global Operations: For businesses with multiple subsidiaries or global operations, Sage Intacct can consolidate financial data across entities, making it easier to manage complex financial structures and comply with international accounting standards.Compliance and Audit Trails: The software helps maintain compliance with regulatory requirements and provides robust audit trails, which are essential for organizations subject to audits.Cash Management: Sage Intacct helps organizations optimize their cash flow by managing accounts payable, accounts receivable, and cash positions.
  • Security and Compliance:
  • Sage Intacct places a strong emphasis on data security and compliance, with features like role-based access control and audit trails.
  • Financial Reporting and Analysis:
  • Sage Intacct provides a wide range of pre-built financial reports and dashboards that offer real-time insights into your organization's financial health.
  • Automation and Workflow:
  • Sage Intacct streamlines financial processes by automating tasks like accounts payable, accounts receivable, and expense management.
  • It seamlessly integrates with other business-critical applications such as CRM systems, payroll software, and project management tools.
  • The mobile app, while functional, was considered somewhat limited. Users desired more features and the ability to perform a wider range of tasks on the go.
  • User who need of inventory management wanted more advanced features and customization options.
  • Some users experienced delays in customer support response times, particularly during peak periods. Improved support responsiveness was a common request.
  • Some users experienced delays in customer support response times, particularly during peak periods. Improved support responsiveness was a common request.
  • Visibility and Reporting: The software provides real-time financial data and robust reporting capabilities, enabling better decision-making. Informed decisions can lead to increased revenue or cost savings.
  • Scalability: As businesses grow, Sage Intacct can scale with them. This scalability can support expansion efforts without the need for significant investments in new financial systems.
  • Reduced Errors: Automation and standardized processes can reduce the risk of financial errors, which can lead to cost savings and improved ROI.
  • Efficiency: Sage Intacct can automate various financial processes, reducing the need for manual data entry and reconciliation. This can lead to time savings and improved operational efficiency, ultimately impacting ROI.
Sage Intacct provides real-time financial data and reporting, which enables better decision-making and forecasting. This helped lot to our company. Cost Savings: By reducing the need for manual data entry and reconciliation, organizations can lower operational costs. This feature is very useful. Real-time Financial Insights: Automation tools often provide real-time access to financial data, enabling better decision-making. You can have an up-to-date view of your organization's financial health and make more informed choices.
Project Accounting:Impact: Ideal for professional services firms and businesses that need to track project-related financials. It enables the monitoring of project costs, revenue, and profitability. Benefits: Enhanced project management, accurate cost tracking, and improved project profitability analysis.Contract Revenue Management:Impact: Especially useful for subscription-based businesses or those with complex revenue recognition requirements. It helps in adhering to ASC 606 and IFRS 15 standards. Benefits: Enhanced revenue recognition accuracy, compliance with accounting standards, and better revenue forecasting.
Integration: Depending on your specific needs, you may need to integrate Sage Intacct with other software or systems, like CRM or payroll systems. Integration can be complex, and some organizations may require assistance from Sage Intacct or a third-party service provider. Customization: Sage Intacct is often highly customizable, allowing you to set up workflows and processes that align with your organization's specific requirements. This may involve creating custom fields, reports, and dashboards. The complexity of this step will depend on your organization's needs.

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

Sage Intacct: Sage Intacct is known for its robust financial management features, making it suitable for mid-sized to large enterprises. It offers core accounting functionalities, accounts payable and receivable, financial reporting, and extensive automation capabilities. It also has industry-specific solutions and integrates with various third-party applications.QuickBooks: QuickBooks is more suitable for small businesses. It offers basic accounting functions, is user-friendly, and has multiple versions catering to different business needs.
Organizations with multiple entities, locations, or subsidiaries can benefit from Sage Intacct's multi-entity and consolidation features, making it easier to manage finances across the business structure. Sage Intacct offers features for managing recurring revenue, contract billing, and subscription-based businesses, making it suitable for software as a service (SaaS) companies and other subscription models. Businesses heavily reliant on manufacturing and inventory management may find Sage Intacct's capabilities in these areas somewhat limited compared to specialized ERP systems designed for these industries.










Sage Intacct Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
10
Time tracking
10
Fixed asset management
10
Multi-currency support
10
Multi-division support
10
Regulations compliance
10
Electronic tax filing
10
Self-service portal
10
Global Financial Support
10
Intercompany Accounting
10
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
10
Centralized Rules Framework
10
Standardized Processes
10
Inventory tracking
10
Location management
10
Pricing
10
Order entry
10
Credit card processing
10
End-to-end order visibility
10
Reimbursement management
10
Dashboards
10
Standard reports
10
Custom reports
10
API for custom integration
10
Plug-ins
10
Role-based user permissions
10
Single sign-on capability
10