Sage Intacct A Great Product.

Sage is a more robust product than what we were using. It provides lease accounting for our company cars that are leased. It provides prepaid expenses that we previously did not have. It provides an online portal for our customers to pay their bills. It not only downloads payroll data from ADP, but it also downloads statistical data. We need to calculate and distribute bonuses to our employees. The product is significantly more advanced in the accounting world than anything we've experienced before. I especially like the bank reconciliation. It is much more user-friendly than our prior software program. We now have automated expense reports for our employees. Paper expense reports and paper receipts are a thing of the past. The report writer is amazing. I have detailed sales tax reports to use to file my 15 sales tax returns. I also appreciate the sandbox. We can play and test before we do it live.

The automation is tremendous—specifically, the interaction with 3rd party products. We use ADP for our payroll. Payroll data flows directly to the GL from ADP—no more journaling payroll. Also, we switched to Bill.com for our credit card and expense management. It automatically downloads to our GL. We have to import data from our invoicing system. The data import feature saves time by eliminating the need to key in data. Overall, we have saved about 40 hours per month.

The time and expense management was purchased for two reasons. 1. With the automation with ADP, we needed the time side of this module. 2. We wanted employees to code and approve their credit card transactions online. The expense side is supposed to do that. This part of the module is weak. We dropped it for a 3rd party product.