Item: Sage Intacct
Rating: 9
Author: Michelle Dorman, CPA

Use Cases and Deployment Scope

I use Sage Intacct to make recurring journal entries. I run monthly, quarterly and annual reports to aid in my financial report preparation for the relevant periods. I also run reports for external and internal audit purposes, as well as when requested from other departments internally. Additionally, I use Intacct to analyze financial data and obtain support from journal entries to obtain a better understanding of specific transactions.

Pros and Cons

Report writing
User friendliness
Organization

Ease of allocation partners to Lines of Business
Ease of organizing reports based on Line of Business
Editing reports to reorganize lines of business or partners

Return on Investment

Good for standardizing recurring processes
Easy to use for journal entries
Report writer has added value to financial reporting process

Sage Intacct Configuration

Intacct has been relatively well configured, but I think our organization could benefit from further training in the tools that could be useful for their respective positions and duties.

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

QuickBooks Commerce

Sage Intacct has clean and easy to use interface.

Other Software Used

Microsoft Excel

Likelihood to Recommend

Sage Intacct is well suited for most accounting needs, specifically journal entries, accounts payable/receivable processes and cash management. Intacct is also useful for budget planning and integration with financial actuals, as well as report writing to coincide with financial reporting processes on monthly, quarterly and annual basis. I'm not sure that Intacct has the capability to fully house a financial reporting process, but it is a great tool.

Clean interface, great for recurring processes

Overall Satisfaction with Sage Intacct