A solution to the Accounting Professional & multi-entity organisation
November 22, 2024

A solution to the Accounting Professional & multi-entity organisation

Vickash Chetry | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Sage Intacct

I had been using Sage Intacct for three years and have found it an essential part of our financial operations. For accounts payable, accounts receivable, general ledger, and financial reporting, it is the primary tool for us.Other platforms are also integrated into Sage Intacct, which helps in the process of reimb i.e. nexonia .Org-wise, all these points of disconnect and manual reconciliation processes opening up injuries about the software's effectiveness have been removed, thanks to connections through the enterprise environment of Sage Intacct. Reporting has become more cogent, accessible, and encouraged into data-driven timely decision-making by our executive team. Audit preparation seems way less scary due to the ability to track and document all our transactions in the system. Our Sage Intacct solution encompasses multi-entity financial consolidation, budgeting, and custom reporting for various departments. Most importantly, since we are working in multiple regions, the feature multi-entity management is very helpful for us. And with flexible reporting tools, we can have the reporting customized according to every entity, thus saving time and enhancing accuracy. We have also recently started looking into some other modules like Project Accounting that could help with tracking project costs and resource allocation even better.

Pros

  • Automates routine tasks while quickly consolidating data, thus speeding up the month-end closing process with greater accuracy.
  • Generates customizable reports in real-time, thereby enabling data-driven decisions across various departments.
  • Effortlessly managing the finances between multiple entities in different currencies, with simple consolidation and compliance.

Cons

  • Importing format can be provided with an example, which will be easy for the new user.
  • Sage Intacct has made a very positive impact to our business objectives; it has provided strong ROI through automation features that reduce manual data input and associated risk of error, enhancing accuracy and operational efficiency.
  • It empowers us to make data-driven decisions that further refine our strategic plan by bettering the process of financial close with real-time and detailed reporting.
  • This also extends to multi-entity management, which eased consolidation and thus supported growth and scaling. This feature-rich software finally serves to drive productivity further and facilitate resource usage.

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?

Yes

Would you buy Sage Intacct again?

Yes

I love the best part in Sage intacct is the billing part - where we can easily convert invoice from PO, where we can identify the total utilization against a particular purchase order that been raised. Secondly I love its exchange rate concept which can be manually entered and provide the best input for any manual entries for older bills.

Sage Intacct Feature Ratings

10.0
Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
10
Time tracking
Not Rated
Fixed asset management
10
Multi-currency support
10
Multi-division support
Not Rated
Regulations compliance
10
Electronic tax filing
Not Rated
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
Not Rated
Standardized Processes
Not Rated
10.0
Inventory tracking
10
Location management
10
10.0
Pricing
10
Order entry
10
Credit card processing
10
End-to-end order visibility
Not Rated
10.0
Reimbursement management
10
10.0
Dashboards
10
Standard reports
10
Custom reports
10
10.0
API for custom integration
10
Plug-ins
10
10.0
Role-based user permissions
10
Single sign-on capability
Not Rated

Not-For-Profit Usage

The interface between Sage Intacct and Emburse Nexonia functioned extremely well, allowing seamless synchronization of expense data with our financial records. Installation was plain sailing, given the cleanse support of both platforms. The integration has simplified expense management in proficient ways, ensuring accurate and timely data flow to enhance our financial visibility and efficiency.

Comments

  • Bethany McDermott | TrustRadius Reviewer
    Bethany McDermott
    (Vendor Representative) commented a year ago
    Thank you for your comprehensive review, Vickash. We're delighted to hear that Sage Intacct has been essential for your financial operations, particularly in accounts payable, accounts receivable, and financial reporting. It's great to know that the multi-entity management and customizable reporting have been beneficial for your organization. We appreciate your feedback on the importing format for new users. If you have any further comments or questions, please let us know. Bethany McDermott - Customer Marketing Manager, Reviews at Sage

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