Sage Intacct Review - why 4 stars?

Sage Intacct Software Review
ITQlick Score: 64/100
ITQlick Rating:
Pricing: 4/10 - average cost
Category: Core Accounting -> Sage Intacct review
Ranking:Ranked 74 out of 137 Core Accounting systems
Company: Sage
Pricing: starts at $15,000 per year
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Sage Intacct pricing, Sage Intacct alternatives
Shlomi LaviShlomi Lavi / updated: May 19, 2022

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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.

Who is it best for?

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.

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 is the actual cost?

The cost of license starts at $15,000 per year. ITQlick pricing score is 4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Sage Intacct. You can also find here pricing information from Sage Intacct's website.

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

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
  • Instructional videos are not available on the official website and that makes the learning process slightly difficult
  • Intacct Accounting does not include other additional modules like Customer Relationship Management (CRM)
  • Intacct Accounting cannot be used for Fixed Asset Tracking or Depreciation Schedule

How it stacks up?

Access a head to head analysis of Sage Intacct vs alternative software solutions.
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4/5
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Vyapar
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$49.99 per year
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5
Review

Frequently Asked Questions (FAQs)

Is it the best Core Accounting system?

Sage Intacct is ranked 74 out of 137 software in their category (Core Accounting systems).

How they are rated on ITQlick?

The rating of Sage Intacct is 4 stars out of 5 and the total score is 64 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Sage Intacct makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Sage Intacct on your mobile/smart phone.

What should we ask during a demo session?

Differences between Sage Intacct and alternatives?

The most popular alternatives to Sage Intacct in 2023: QuickBooks, Wave Accounting, Zoho Books, FreshBooks, Vyapar. Access the complete competitors analysis here - Sage Intacct VS Core Accounting Software alternatives.

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

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

Auditor - Shlomi Lavi

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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.