Sage Intacct Review

Shlomi Lavi / updated: Feb 01, 2020

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What is Sage Intacct Used For?

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.

Average Rating -

The rating of Sage Intacct is 4 stars out of 5. The rating is based on ITQlick expert review.

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.

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.

Sage Intacct 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

Sage Intacct 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

Competitors & 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.

Sage Intacct Pricing Information

The cost of license starting from $400 per month. The experts at ITQlick has reviewed Sage Intacct pricing and gave the software a total cost of ownership (TCO) rating of 4 out of 10. Custom price cost for your business is available upon request.

Questions to ask the vendor during a demo

Schedule a demo and access 25 must ask questions for the vendor while watching Sage Intacct in action

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Sage Intacct Categories

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Specifications

Company:	Sage
Address:	North Street, Newcastle upon Tyne, United Kingdom
Website:	https://www.sage.com/
Customers:	Small business, Medium business, Large business
Business Area:	Cross Business Areas
Platforms:	Desktop, Mobile, Cloud
Operating Systems:	Mac OS, Windows, Linux

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Sage Intacct Features