Intacct Financial Review - why 4.2 stars?
Compare PricingITQlick Score: | 89/100 |
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ITQlick Rating: |
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Pricing: | 6/10 - average cost |
Category: | Core Accounting -> Intacct Financial review |
Ranking: | Ranked 14 out of 137 Core Accounting systems |
Company: | Intacct Corporation |
Pricing: | starts at $15,000 per year |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Cloud |
Links: | Intacct Financial pricing, Intacct Financial alternatives |
Shlomi Lavi / updated: Apr 12, 2022
3balls.com, Acceller, AOi, Aicent and Eye Care For Animals are some of the notable customers that currently use Intacct Financial Management.
The general ledger enables enterprises to logically organize transactional data in sub-ledgers around your payable accounts. Revenue recognition allows enterprises to minimize errors by automating critical revenue recognition and accounting processes. It eliminates inaccurate and overlapping billings and optimizes the billing processes.
Sage Intacct has customers like I3 Verticals, Creative Dining Services, Stonestreet Thoroughbred Holdings, PCF, Cornerstone Information Systems, Marathon Ventures, HomeVestors, Velocity EHS, Jobvite, Welltok, Rapid Ratings International Inc, Traction on Demand, Plexxi, etc.
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Table of Contents
What is Intacct Financial?
Sage Intacct is a cloud-based core accounting software designed for accounting firms to improve compliance and automate accounting processes to increase accuracy and effective business decisions. The software comes with features such as:- Accounts Payable: This features saves firms hundreds of hours and thousands of dollars by automating laborious accounts payable procedures and reducing unnecessary workflows.
- Intelligent General Ledger: The contemporary, cloud-based architecture of Sage Intacct delivers the flexibility and efficiency required to respond to change and growth. A business user may configure the fundamental financials without the assistance of a developer.
- Accounts Receivable: This feature increases the staff efficiency, allowing users to be paid more quickly. Users can automate their procedures, send bills via email, and provide extra payment alternatives.
- Order Management: This functionality is robust enough to deal with order processing complexities, inventory issues, and price systems. It offers an order management system that saves time, increases accuracy, and boosts profitability.
- Cash Management Automation: The Cash Management automation module gives users a thorough and up-to-date snapshot of their cash status. Sage Intacct, cash management software, displays all payments and transactions from all checking and savings accounts and credit cards across all locations and companies.
Who is it best for?
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.
Main features and functionalities
Intacct Financial Management is service based software which can be accessed through a web browser. Intacct supports apps for core accounting, time and expenses, revenue management, order, billing, multi-currency management, and financial reporting.The general ledger enables enterprises to logically organize transactional data in sub-ledgers around your payable accounts. Revenue recognition allows enterprises to minimize errors by automating critical revenue recognition and accounting processes. It eliminates inaccurate and overlapping billings and optimizes the billing processes.
What is the actual cost?
The cost of license starts at $15,000 per year. ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Intacct Financial. You can also find here pricing information from Intacct Financial's website.Pros
- Sage Intacct is great for both simple and complex accounting jobs
- Payments can be made directly from Sage Intacct using a variety of payment gateways
- The software automates workflow by scheduling payments based on priorities
- Intacct offers additional tax related features such as Auto Tax Calculator and Multiple Sales Tax
- An inventory management solution is offered as an add-on
- Automated journal entries in workflow features enhance operational process management
Cons
- The system can be slow, especially when dealing with many invoices
- Intacct is only available in English, which is a big drawback
- Without a Mobile interface, users cannot access the app from their mobiles.
- Being cost-effective, it allows enterprises to choose the modules according to the needs.
How it stacks up?
Access a head to head analysis of Intacct Financial vs alternative software solutions. ITQlick rating
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Frequently Asked Questions (FAQs)
Is Intacct Financial right for you or your business?
Accounting firms seeking a core accounting software that helps companies save businesses thousands of hours and hundreds of thousands of dollars by automating manual accounts payable processes and eliminating inefficient workflows will fit well with Sage Intacct.Sage Intacct has customers like I3 Verticals, Creative Dining Services, Stonestreet Thoroughbred Holdings, PCF, Cornerstone Information Systems, Marathon Ventures, HomeVestors, Velocity EHS, Jobvite, Welltok, Rapid Ratings International Inc, Traction on Demand, Plexxi, etc.
List of categories
Billing & Invoicing
Budgeting & CPM
Core Accounting
Financial reporting
Fixed Asset Accounting
Fund Accounting
HR Accounting
Inventory Management Accounting
Payroll Accounting
Project Accounting
Work Order Accounting
Distribution
List of features
Accounts Payable
Accounts Receivable
Cash Flow
Multi-Currency
Project-Accounting
Purchase Orders
Sales Reporting
Time & Expense
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.