Intacct accounting Review

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Last updated: Sep 09, 2018

Intacct accounting Review

40 reviews
(4/5)

Starting from $400 Per month/user

Intacct accounting is a cloud based accounting system developed by a company of the same name to assist businesses in improving performance by getting the most out of the finance department. It offers a broad s

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What is Intacct accounting? Updated: Sep 09, 2018

Intacct Accounting is a cloud based accounting system developed by a company of the same name to assist businesses in improving performance by getting the most out of the finance department. It offers a broad set of functionalities that are useful for small and mid-sized enterprises.

Intacct Corporation was founded in 1999 in San Jose, California by David Chandler Thomas. The company's main focus is to provide accounting software solutions and financial management tools through a cloud computing platform. Today the company serves over 30,000 users in a variety of industries.

Intacct accounting Average Rating -

The average rating of Intacct accounting is 4 stars. The rating is based on 40 aggregated online reviews.

Intacct accounting Typical Customers

Intacct Accounting is a horizontal accounting system designed for a wide variety of industries, and targeted mainly towards SMBs. Today Intacct is used by thousands of businesses from startups to public corporations, small to large enterprises and non-profit to public administration. Intacct is the preferred financial solution for AICPA businesses.

Accounting put aside, the software turns to be useful in other industries like health care, retail, hospitality, software and finance. Notable customers making use of the software are Eye Care For Animals, ASP Global Services and Rise Interactive.

Intacct accounting Features

Intacct Accounting can benefit companies looking for a cloud based application that could offer them features like financial reporting, multi-currency management, global consolidations, core accounting, order and billing, revenue management and project accounting. All these tools are available on Intacct Accounting and are designed to improve company performance, reduce operating costs, optimize cash management and increase business value.

Intacct accounting 5 Pros

  • Intacct Accounting offers core accounting features like time and expense management, order and billing, global consolidations, and multi-currency management
  • Additional supported functionality includes credit card processing, purchase orders, and e-commerce
  • Full integrationwith platforms such as Salesforce.com
  • Customizable workflow with automated journal entries and bank reconciliation
  • Keeping track of taxes is very easy thanks to the 1099 support and the auto-tax calculator

Intacct accounting 2 Cons

  • Intacct Accounting is only available as a cloud based software, no on premise version
  • Core accounting features such as an audit trail and depreciation are not supported

Intacct accounting Alternatives

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

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 in comparison is focused on financial management solutions for SMBs. It supports general ledger, payables & receivables, purchase & order management as well cash management. Additional features include project accounting, inventory management, tax & revenue control as well as multi-company support. It is provided as a cloud based solution and offers a certified integration to Salesforce CRM to handle customer management.

On the other hand Coda Financials in addition to core accounting features also supports budgeting, financial planning & forecasting, and process & control automation for financial controls to reduce period closing delays. It handles multiple languages & currencies, and includes a unique link architecture which is focused on a unified financial model that allows reporting on multiple dimensions for better analysis, auditing & financial reviews.

Intacct does not focus on these areas currently, but it does support multi- company implementations. Additionally the product provides an API to support connectivity to third party applications to ensure easy transfer of financial information.

Intacct accounting Pricing Information

Monthly subscription starts from $400 .

25 MUST Ask Questions Before Buying Accounting & Finance Software

The prime purpose behind investing in the software solution is to boost efficiency and growth. Ask the software vendor (INTACCT) how their business app would improve efficiency of your enterprise.
Intacct accounting has 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, will expand in the future and your Accounting & Finance requirements with it. So you would be interested to know if Intacct accounting 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 Intacct accounting you want to buy is easy to customize.
Such a community forum is the best way to engage users. Getting access to Intacct accounting forums can help new or proposed users connect with product experts through peer-to-peer discussions.
Intacct accounting 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 Intacct accounting 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 Intacct accounting 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) 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.
INTACCT 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.


Intacct accounting Categories


Specifications

Company:
Address: San Jose, CA
Customers: Small business, Medium business, Large business
Business Area: Cross Business Areas
Platforms: Desktop, Cloud
Operating Systems: Mac OS, Windows, Linux


Intacct accounting Features


Intacct accounting News (2016)


15 Apr

Intacct Named One of the Best Places to Work for 2015

SAN JOSE, Calif., April 15, 2015 /PRNewswire/ -- Intacct, a leading provider of best-in-class cloud ERP software, continues its streak as an outstanding workplace. On Tuesday night, the Silicon Valley Business Journal and the San Francisco Business T.read more


26 Feb

Cargas Named Intacct Premier Partner

Cargas Systems is proud to announce that Intacct, a leader in cloud financial management software, has recognized Cargas as an Intacct Premier Partner. Based in Lancaster, PA, Cargas specializes in SMB software and consulting solutions for a broad ra.read more








21 Nov

Intacct Named an Awesome Application for 2015

Intacct, a leader in cloud financial management and accounting software, today announced it was selected as a 2015 Awesome Application by The Sleeter Group, a consulting group dedicated to researching the marketplace and finding the best accounting t.read more









07 Aug

Intacct Announces New Premier Partner Program

Intacct, a leader in cloud financial management and accounting software, today announced the launch of a new Premier Partner Program. This new program was built to recognize a network of Intacct partners that deliver comprehensive, high quality serv.read more




17 Apr

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