Sage Intacct Review - why 4 stars?

Sage Intacct Software Review
ITQlick Score: 64/100
ITQlick Rating: (4/5)
Pricing: 4/10 - average cost
Category: Core Accounting -> Sage Intacct
Ranking:Ranked 75 out of 137 Core Accounting systems
Company: Sage
Pricing: starts at $400 per month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Sage Intacct pricing, Sage Intacct alternatives

Shlomi LaviShlomi Lavi / updated: Mar 22, 2021

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

What is Sage Intacct?

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.

What is Sage Intacct rating? ()

The rating of Sage Intacct is 4 stars out of 5 and the total score is 64 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Sage Intacct's 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.

Is Sage Intacct the best Core Accounting?

Sage Intacct is ranked 75 out of 137 software in their category (Core Accounting systems).

What are their main features and functionalities?

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.

What are Sage Intacct's pros? (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

What are Sage Intacct's cons? (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

Who are their main 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.

What is the cost of Sage Intacct?

The cost of license starts at $400 per month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 4 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Sage Intacct

What should you ask Sage during a demo session? (65 questions)

Schedule a demo with Sage Intacct and access 65 must ask questions for the vendor while watching Sage Intacct in action. Visit the vendor's website here.

Sage Intacct's 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
Accounting Practice Management
Work Order Accounting

Sage Intacct's list of features:

Accounts Payable
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Credit Card Processing
Fixed-Assets
Fund-Accounting
Multi-Currency
Project-Accounting
Purchase Orders
Sales Reporting
Tax compliance
Customer Management
Time and Expense Tracking
Version Control

Sage Intacct Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality
Review
Compare
Sage
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
64/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4/10
License pricing license pricing (if provided by the software vendor)
$400 per month
Functionality
78
Review
Compare
QuickBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
99/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5/10
License pricing license pricing (if provided by the software vendor)
$12.50 per month
Functionality
7
Wave
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
97/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
8
Review
Compare
Zoho
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
96/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.4/10
License pricing license pricing (if provided by the software vendor)
$10 per organizer/month
Functionality
9
Review
Compare
Vyapar
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
95/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
8/10
License pricing license pricing (if provided by the software vendor)
$19 per year
Functionality
5
Review
Author
Shlomi Lavi - admin

Shlomi Lavi

Website Linkedin Facebook Twitter

Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.