Intacct Financial Management Vs. QuickBooks

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Last updated: May 15, 2017

Overview

Screenshots

Specifications

Intacct Financial Management Specifications

Name: Intacct Financial Management
Company: Intacct Corporation
Address San Jose, CA
Software Type: Standalone, Cloud, SaaS
Typical Customers: Medium business, Large business
Business Area: Cross Business Areas
Platforms: Desktop, Cloud

QuickBooks Specifications

Name: QuickBooks
Company: Intuit
Address Intuit, Marine Way, Mountain View, CA
Software Type: Standalone, On Premise, Cloud
Typical Customers: Start up, Small business, Medium business
Business Area: Finance management
Platforms: Desktop, Mobile, Cloud

Expert Review

Intacct Financial Management Review
Updated: May 15, 2017

Intacct Financial Management Overview
Intacct Financial Management is web based software that provides enterprises with accounting and financial management solutions. Supported accounting functionality includes general ledger, project accounting, purchasing and cash management.

Developed by the company Intacct, the software offers complete solutions to manage and automate financial management for enterprises. Till date, it has helped around 7000 organisation to use cloud computing accounting software and streamline their finances.

Intacct Financial Management Average Rating -
The average rating of Intacct Financial Management is 4 stars. The rating is based on 40 aggregated online reviews.

Intacct Financial Management Typical Customers
Intacct Financial Management extends support to small and medium sized companies. From emerging and multi-location enterprises to public companies and multinational organisation, everyone can use Intacct Financial Management to optimize their finance and accounting processes. The software is especially useful in industry-specific companies like accounting firms, franchises, hospitality, non-profits, professional service and wholesale distribution.

3balls.com, Acceller, AOi, Aicent and Eye Care For Animals are some of the notable customers that currently use Intacct Financial Management.

Read more - Intacct Financial Management

QuickBooks Review
Updated: May 14, 2017

QuickBooks Overview
QuickBooks Premier 2013 is an accounting software that designed by Intuit and released in 2014. The application is aimed at keeping business financial records in order. The software is quite easy to use and does not necessarily require any accounting background for using it. It has a very simple interface and requires basic data entry for processing other technical accounting matters. Intuit is known for its financial-related applications like Quicken and others.

QuickBooks Average Rating -
The average rating of QuickBooks is 5 stars. The rating is based on 29 aggregated online reviews.

QuickBooks Typical Customers
QuickBooks Premier 2014 was designed for use by every type of business. Freelancers, small businesses, large companies, non profits, charities and public administrations can all use this software for accounting purposes. The features and general setup of this software targets general businesses, and can be used by professionals and informal businesses alike. QuickBooks Premier 2014 will help you monitor your financial records at all times and keep track of your business growth.

Read more - QuickBooks

Alternatives

    Intacct Financial Management Alternatives

    Financial Management Suite and Coda Financials are some of the main competitors of Intacct Financial Management.

    Financial Management Suite by Acumatica is part of an enterprise solution portfolio that provides additionally functionality if so required by an organization. It includes core financial features, inter- company accounting, fixed assets as well as multiple currencies. There is an employee portal to track time & expenses and the product supports contract management and credit card processing as well. It is a cloud based solution focused on SMBs and can be accessed via mobile devices as well.

    Intacct Financial Management in comparison is focused on financial management solutions for SMBs. It supports general ledger, payables & rece

    Read more - Intacct Financial Management Alternatives

    QuickBooks Alternatives

    QuickBooks Premier has two main competitors and these are Zoho Books and Xero.

    Zoho Books is available as a cloud based solution and is focused on accounting requirements for small businesses. Its features include invoicing, inventory management, bank reconciliation, journals and financial reporting with dashboard support. It also supports project billing, sales tax tracking and can be accessed via mobile devices as well. Additionally the product provides an open API which allows it to integrate to multiple third party software.

    Quickbooks Premier in comparison is also an SMB accounting package but it is provided as an on premise desktop edition. In addition to the basic accounting features, it also supports additional functions such as pay

    Read more - QuickBooks Alternatives

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Find the Right Software

25 MUST Ask Questions Before Selecting Accounting & Finance Software

The prime purpose behind investing in the software solution is to boost efficiency and growth. Ask the software vendor (Intacct Corporation) how their business app would improve efficiency of your enterprise.
Software vendors have tremendous exposure to different companies. They offer the same type of software to different industries, so they are better aware of who is doing what with their technological product. This also helps them understand and foresee what’s really working. Allow them to share their observations so that you get an ideas about their experience, expertise, and intelligence. This will also be an opportunity to identify the service providers who come up with the most insightful suggestions.
Perhaps your business is growing and will expand in the future. So you would be interested to know if the software is scalable and can grow with you. It’s no use investing in a solution that can be scaled.
Each business has different needs. Yours is no different. When it comes to selecting a software solution, you are looking for a tool that can be easily customized and configured to cater to your specific business needs. So you want to understand if the software you want to buy is easy to customize.
Such a community forum is the best way to engage users. Getting access to software forums can help new or proposed users connect with product experts through peer-to-peer discussions.
The software vendor should answer how their business software will improve your bottom line and ROI.Most service providers make tall claims, so you want to make sure you get your hands on the best solution.
Before choosing a business app, you want to understand that the implementation would be smooth. So you should be interested to find out about the person responsible for handling the implementation process. Do not hesitate to ask about their qualifications..
A good software vendor should be able to show you a positive track record with their implementation strategy.Try to find out if their method is structured. Your purpose should be to look for one that is structured and flexible to adapt to unexpected situations
The software vendor should give you a structured data conversion methodology that will enable smooth migration of your information to the new system.
A growing business is always in need for expansion and integration with thrid-party apps is a part of the growth model. When it comes to choosing software, make sure the business app provides an application programming interface for easy integration.
Ask the software product vendor if the tool will allow you to export data to an external file or import data from external sources.
Ask the software vendor (Intacct Corporation) if the software package includes consulting hours. Do not hesitate to ask if there are any hidden charges involved.
You do not want to be caught unawares when a software vendor sends a technician to resolve an issue that may crop up due to varied reasons. You want to make sure the charges are reasonable. Better still, you should be aware of what needs to be paid to the technician sent by the vendor to fix a problem.
You do not want to fall in love with the front end unless you are 100% sure that the software is compatible with your existing system. Ask the software vendor is you need any specific hardware to install the software. Will the business application run on your existing workstations. How much space will the software take on the disk drive? Is there a need for RAM upgrade to successfully run the software for optimum performance?
You should enquire about the cost of having more than one terminal in your store. While some software vendors charge on the basis of the number of store locations, others charge per terminal.
When you are looking for a software solution, make sure you know if the vendor charges any fee to get you started. You should also be interested to know if there are any software maintenance charges for you to pay.
Your business is accountable to customers, regulators, employees, and partners. So you should look for one software vendor who has adopted a comprehensive, technically sound security and compliance program. Does the vendor map your needs for security controls?
Data loss can prove extremely risky for any business. So you should always ask the vendor about their backup policy. How often is data backed up and what is the cost for the same?
What is the software vendor's policy on disaster recovery? Are any charges involved for disaster recovery support if a catastrophic hardware failure affects your system?
How easy is the software to work on? Is it user friendly for your end users? Does it involve any complexities that are difficult to understand for the team? Even a feature-rich solution is of no use if end users find it difficult to use.
The software provider should clearly mention whether the solution is complex or simple to use. If it is not an easy-to-use software solution, then do they provide training? What is the level of training your team requires to make the most of the solution?
You will be interested to know about the software updates. When is it updated? Does the service provider notify customers when the upgrades are scheduled? Does the software work when the upgrades are under way? How long does the process take?
You should be interested to enquire about how an issue is handled at the side of the software vendor. Do not hesitate to question about who will respond to your emergency calls. What is their experience in software industry?
If the software vendor is widely popular, chances are that they have a good product. So always check their client base to measure their product's competence in the market.
Testing is crucial to ensuring that the software runs as promised. So you should try to find out if the vendor offers any free trial runs or try before you buy the product. By testing the concept first, it gets easier to understand the software product's functionality and allay fears before signing a contract.

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