Best-in-class Cloud ERP for Finance
4.2/5 (282 reviews)Sage Intacct is a leading provider of best-in-class cloud ERP software. Sage Intacct’s award-winning applications are the preferred financial applications for AICPA business solutions. Sage Intacct applications are used by more than 11,000 businesses from startups to public companies and is designed to improve company performance and make finance more productive.
The Sage Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Internet via cloud computing. Featuring superior, deep financial applications and delivering unmatched business visibility, Sage Intacct helps you automate processes, reduce cycle times and speed your financial close while improving compliance and transparency. Sage Intacct gives your entire organization the ability to securely view, understand and take action in response to changing business conditions — such as defining financial and operational targets, developing business plans and monitoring costs, revenue and performance.
Sage Intacct consistently delivers the highest levels of client satisfaction and success. We take pride in our Buy with ConfidenceSM program, which shows our commitment to complete customer satisfaction. In fact, 9 out of 10 Sage Intacct customers indicated that they would recommend Sage Intacct to their colleagues, because it offers the easiest to use, lowest risk and best value for professional financial management and accounting applications available on the market today.
Delivered over the Internet via the Cloud, Sage Intacct dramatically reduces IT and operating costs and delivers a far lower total cost of ownership than client-server financial software. Designed to work well with other key business applications and pre-integrated with leaders like Salesforce CRM, Sage Intacct encourages you to select and deploy best of breed applications that match the way you do business.
Sage Intacct is compliant with GAAP, IFRS, Sarbanes-Oxley and SAS 70 Type II.
The Sage Intacct financial management system includes best in class applications for core financials and accounting, purchasing, order management and financial reporting and business intelligence. Optional applications include FAS-52 compliant multi-currency support, real-time financial consolidation and multi-entity support, sales tax management, subscription billing, inventory management, revenue management, project accounting and pre-packaged integration with Salesforce CRM.
Pros
For those businesses and organizations looking to step up their accounting software from Quickbooks (or something similar), Sage Intacct is a great solution.
While not as intuitive and user friendly as the systems designed for non-accounting professionals, Sage Intacct offers a myriad of features and functionality that is an accounting professional’s dream.
One of the best features of Intacct is its reporting system. Users can run any report they could ever dream of that includes GL, AP, AR, Time & Expenses, Order Entry, Purchasing, etc. Reports are not only customizable, but savable too.
Another great feature of Intacct is that the company is constantly releasing updates, which means the system is always evolving and getting better.
Overall, Sage Inacct offers massive capability and is great for organizations who have outgrown smaller systems or who need greater customization.
Cons
For those accustomed to the hand holding of a software like Quickbooks, Sage Intacct can make you feel a bit alone in the woods. It, for the most part, assumes that whoever is using it is an accounting professional, capable of understanding the inner workings of AP, AR, etc. For this reason, I would not recommend the system to those who are unfamiliar with accounting procedures and systems.
Thank you for your review, Kat! I'm glad to hear that you're benefiting from the robust reporting within Sage Intacct. If you have any questions or if we can help with anything, please don't hesitate to reach out to Sameera at [email protected]
Pros
I like the flexibility and ease of the software. It is overall simple to correct errors. I enjoy the import features for invoices and journal entries. Saves a lot of time and is user friendly, even for less experiences computer users.
Cons
The restrictions of some features and functions. I feel like the functionality is more designed by computer programmers than by actual day to day users. For example, if you are trying to create a custom report, vendor ID is stored one way when entering invoices, and another way when entering journal entries. Customer service suggested to me that I enter the vendor ID in 2 different fields (I believe Vendor_ID and APBillItem_VendorID) for all invoice imports so that I can use 1 f. This is redundant and frustrating. Also for example, you can set invoices to "warn" you if duplicate invoice numbers when manually entering, but if you are using the import feature, it will just crash. You have to de-select the "warn" option, upload the file, and then turn the "warn" function back on. This is not practical. There should be some type of override function for intentional duplicate invoice #s.
Hello Joseph,
Thank you for your review. We truly appreciate you taking the time to share your experience using Sage Intacct! I'm glad to hear that you find Sage Intacct easy to use and flexible. Please feel free to reach out to me if there is anything I can do to help!
Sincerely,
Andrew Sevillia
Sr. Manager, Customer Marketing
Sage Intacct
Sage Intacct is a great company to work with. Their software solution is great and easy to use. If your looking to change from an outdated solution, this should make the transition easier.
Pros
The software is great. It is super easy to use and almost impossible to break. It can be used for more than your monthly accounting. We use it to track our valuation process. It is easy to track everything in the software and perform your monthly accounting tasks. You can track t&e, ap, ar, fixed assets, and do your cash management in this solution. There are many other features that make it a best in class solution
Cons
The software itself is great. There are certain things we would like to be able to track in the software, like irr, but we also don't expect one software to do anything. There may sometimes be a lag in support getting back to you when you have issues, but nothing that is too extreme
Hello Amanda,
Thank you for your review. We truly appreciate you taking the time to share your experience using Sage Intacct! I'm glad to hear that you find Sage Intacct easy to use when you are tracking t&e, ap, ar, fixed assets, and cash management. Please feel free to reach out to me if there is anything I can do to help!
Sincerely,
Andrew Sevillia
Sr. Manager, Customer Marketing
Sage Intacct
The software allowed ability to perform accounts payable to issue cheques and to produce financial statements quickly. The 12 month report is very useful to pick up changes to values in account. The budgeting aspect is also useful for variance analysis.
Pros
I like the ability to create the financial reports and also the Dashboard reports. The payables area is easy to perform functions and the year-end close is very simple.
Cons
This program is mainly written for the US market and is not able to create an EFT file (Canadian) that can be uploaded to the bank and create journal entries simultaneously. That would benefit us to make payments that are not by cheque. The "cash" payment types are good because an e-mail can be sent: however still requires for us to do a separate EFT payment on the bank.
Hello Toni,
Thank you for your review. We truly appreciate you taking the time to share your experience using Sage Intacct! I'm glad to hear that have had a good experience with customer support and have been able to take advantage of Sage Intacct's flexibility. Please feel free to reach out to me if there is anything I can do to help!
Sincerely,
Andrew Sevillia
Sr. Manager, Customer Marketing
Sage Intacct
Overall the system is easy to use and they are constantly making improvements. They are also taking user feedback into consideration and implementing it into new updates every quarter.
Pros
I really like the automatic billing capability, I can now send my invoices in 2 hours instead of 2 days. The level of details in the financial reports is exactly what our company was looking for when we switched to Intacct. The ease of having our expense reporting system and Intacct communicate is super helpful, means less manual work.
Cons
I would like to have more features when I record payments and I can't edit certain transactions. I like to drill down on come of the reports and you can't do that so finding out where that information came from is sometimes a challenge.
Hello,
Thank you for your review. We truly appreciate you taking the time to share your experience using Sage Intacct! I'm glad to hear that you are having a positive experience using Sage Intacct and that you're saving time on invoicing. Please feel free to reach out to me if there is anything I can do to help!
Sincerely,
Andrew Sevillia
Sr. Manager, Customer Marketing
Sage Intacct
With Sage Intacct, you can take advantage of cost-effective, modular pricing, and pay only for what you use. There's no hardware to buy, and no large capital outlays. Just a predictable, affordable subscription. The monthly subscription fee is based on the number of users, the number of business entities you need to manage, plus any optional advanced Sage Intacct modules you require.
- Best-in-class professional accounting software - the only AICPA preferred cloud-based financial software
- Real-time business visibility via anywhere, anytime online access to dashboards and reports
- Comprehensive financial consolidation, reporting and analysis across multiple business entities
- Out-of-the-box, tailored reports and workflows
- Easy to extend and integrate to match your precise needs
- Time-saving automation which accelerates the closing process and reduces errors
- Superior integration with your existing business solutions
- Dramatic savings on IT and operating costs
- Customer success and satisfaction. Each year more than 95% of customers renew their subscriptions
- Comprehensive ecosystem of partners
- True cloud computing with world-class operations
- Dramatic savings on IT and operating costs
A cloud-based financial management solution designed to manage back-end accounting functions for growing, middle-marketing organizations, Intacct provides businesses with the flexibility to adjust transaction workflows and approvals as their needs change over time. Intacct’s expansive web-based system includes tools for accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation, and financial reporting.
Intacct gives its business users visibility into their own financials through dashboards and customizable reports. It also provides comprehensive financial consolidation, reporting, and analysis, along with a simplified quote-to-cash process meant to bridge the gap between sales and finance departments. The app is already used by more than 9,000 businesses, including ProKarma, GrubHub, Auction.com, and Indeed.
Intacct is a comprehensive accounting system that has been designed specifically for middle-market organizations. The cloud-based solution makes it possible for finance professionals to increase efficiency and drive growth within their organizations through the automation of manual and error-prone accounting practices. Intacct also enables finance professionals to gain deeper insights into their data and increase flexibility with robust reporting capabilities.
Report submissions, approvals, audits, and reimbursements can happen anywhere, at anytime, which increases visibility into a company’s financial and operational metrics. Intacct has a deeper focus on financials than many competing vendors, and it integrates with other third-party systems in a straightforward way. The cloud-based ERP solution also differentiates itself on efficiency and performance, and based on the financial expertise that it brings to new users during the implementation process and beyond.
Intacct automates most accounts payable and receivable processes for businesses. Finance departments are able to automate tactical vendor management workflows across the accounts payable process, which allows them to focus on more high-value insights and targeted efficiencies. Organizations can also make accounts receivable tasks more efficient through automated invoicing and collections.
Intacct allows you to connect your Accounts Receivable to the rest of your business. It is also able to work with existing CRM solutions to provide you with a unified view of all quotes, sales orders, and pending invoices. Your transactions will be automatically posted to your general ledger and your accounts receivable ledger, which enables you to streamline billing tasks.
As businesses grow, the details in a typical order management process can get complicated quickly. For example, changes in orders can be difficult to make when businesses utilize multiple systems for record keeping. Intacct is attempting to close this gap and decrease inefficiencies within the order management process through the use of strategic automation.
Rather than manually entering order information across one, two, or even three record keeping applications, you can integrate Intacct into your workflow and configure a new series of comprehensive pricing requirements. As new orders come in, a single click will trigger fulfillment, billing, and revenue accounting. This reduces overall costs and improves client satisfaction, as well.
Intacct tracks both operational and financial data and provides it to middle market organizations in a way that is intuitive. Managers and executives who use it for creating visualizations of data have a more complete view of their organizations, and they can discover the answers to detailed business questions.
By clicking on the Reporting tab from the dashboard, you can create virtually any type of report in seconds. You also have the option of creating visualizations of data. Intacct is able to capture the context of your transactions, operational measurements, and budgets. It creates reports that analyze business performance in real time.
Multi-entity consolidation makes business growth easier. Financials for multiple locations are streamlined when organizations use Intacct’s ERP tools, and activities like currency conversion, inter-entity transactions, and local tax reporting are automated in order to eliminate the need for manual data entry and encourage sustained growth.
Utilizing multi-entity consolidation, you can review summary figures and perform financial consolidations at any time. Intacct generates journal entries for each consolidation, which means that comprehensive financial statements are ready when you need them. You can even set up new entities with configurable rules for transactions and bank accounts using Intacct’s tools.
Intacct uses open APIs. The cloud-based ERP solution has built-in integrations to various best-in-class applications, including Salesforce, Avalara, Host Analytics, Adaptive Planning, QStock, Xactly, DocuPeak, and KeyedIn, among many, many others.
Pricing for Intacct is based on a monthly, per-user license fee. Larger firms replacing their legacy on-premises software systems can expect to spend somewhere between a few thousand and $10,000, or more, per month.
Below are some frequently asked questions for Sage Intacct.
Sage Intacct offers the following pricing plans:
Pricing model: Subscription
Free Trial: Available
With Sage Intacct, you can take advantage of cost-effective, modular pricing, and pay only for what you use. There's no hardware to buy, and no large capital outlays. Just a predictable, affordable subscription. The monthly subscription fee is based on the number of users, the number of business entities you need to manage, plus any optional advanced Sage Intacct modules you require.
Sage Intacct offers the following features:
Sage Intacct has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business
Sage Intacct supports the following languages:
English
Sage Intacct has the following pricing plans:
Subscription
Sage Intacct supports the following devices:
iPhone, iPad
Sage Intacct integrates with the following applications:
Avalara, Bill.com, Bitium, Clarizen, DATABASICS Time & Expense, ExpensePath, KeyedIn Projects, Nexonia Expenses, SAP Concur, Tenrox PWM
Sage Intacct offers the following support options:
FAQs, Knowledge Base, Online Support, Phone Support, Video Tutorials
One major problem with some accounting softwares is that the reports needed to perform analysis, checks, etc. are unavailable. Intacct's wide report customization is a great solution to this that has resulted in an overall positive experience with the software.