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Sage Intacct OverviewUNIXBusinessApplication

Sage Intacct is #1 ranked solution in top Accounts Payable Automation Software and #5 ranked solution in top Financial Performance and Strategy Management tools. PeerSpot users give Sage Intacct an average rating of 7.0 out of 10. Sage Intacct is most commonly compared to Oracle Planning and Budgeting Cloud: Sage Intacct vs Oracle Planning and Budgeting Cloud. Sage Intacct is popular among the large enterprise segment, accounting for 48% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a computer software company, accounting for 30% of all views.
What is Sage Intacct?
Move from the ordinary to the extraordinary with best-in-class Intacct professional accounting software. Intacct _ the only AICPA-preferred cloud-based financial software _ generates immediate value through extensive real-time automation and a multi-ledger accounting solution to eliminate manual work and simplify complex financial processes. Tap the power of cloud ERP software for optimized financial management that saves you significant time and money. Drive value across your entire business. Gain real-time financial and operational visibility throughout your business. Comprehensive financial controls ensure security and compliance, and extensive automation streamlines your business processes, reduces labor, and saves costs

Sage Intacct was previously known as Intacct.

Sage Intacct Customers
Cornerstone Information Systems
Sage Intacct Video

Sage Intacct Reviews

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Gene Hammons, MBA - PeerSpot reviewer
Director at a consultancy with 1-10 employees
MSP
Top 5Leaderboard
Great cloud connectivity and perfect for early stage startups, but not ideal for manufacturing powerhouses
Pros and Cons
  • "It's a top-tier upgrade for the finance department and does extend into full ERP."
  • "We have had some pharma manufacturers use Intacct at a very early stage and move to other ERP packages to maintain manufacturing controls and documentation needed for FDA-regulated entities."

What is our primary use case?

We have services groups, smaller healthcare clinics, data providers, warehousing and distribution, home goods internet retailers, and other clients that are using Intacct

The implementation team is critical - as always - so we make sure we maintain a close relationship with top Intacct channel partners. 

One of the tougher assignments was a franchise restaurant with 40 locations throughout the US/Canada/Caribbean. POS (point of sale) and credit card processing went through a system maintained by the franchisor and reporting back to the individual stores took a couple of days to reconcile, as it was combining 40 different store-level reports (which was a pain). 

Intacct's cloud-based connectivity worked best to replicate the data flows so both the corporate franchisor got their data and the franchisee had overnight reporting broken down by hourly totals. It was an integration we would not have wanted to tackle on a more proprietary system. 

How has it helped my organization?

It's a top-tier upgrade for the finance department and does extend into full ERP. Its focus is on becoming the best available accounting/finance solution, and they have the awards from major CPA organizations to prove it. 

You won't see Sage repeating what you're reading here in their marketing materials. It's more of our assessment of how we use Intacct in the places we've seen it best fits - which is a good way of saying 'your mileage may vary'. In any case, modern, made-for-cloud software is always a huge upgrade over programming created in the pre-internet era. 

What is most valuable?

We've really been able to use the attributes function to keep a clean chart of accounts and report/record various business options and opportunities. 

Of course, the integration we discussed elsewhere is a major advantage. One of the things is that Sage is only sold through channel partners. They used to use the term VAR. Sage is one of the best at managing a channel. (We're not going to talk about the Microsoft Dynamics channel here). However, historically, even with the very best channel management, there are very good partners and some who may one day become very good partners. We have done a couple of rescues of perfectly good Intacct projects gone bad. Once we brought in the top partners, it was very quick to turn things around.  

What needs improvement?

We're not a good source for what's missing in any particular ERP product, as we are focused on selection and implementation consulting. 

If there were a weakness in a particular software offering involving a key business requirement, we'd shift our recommendations to another option. For our clients, where Intacct fits, it fits well. We've not seen significant issues. Every client we have is very satisfied with the product. 

We have had some pharma manufacturers use Intacct at a very early stage and move to other ERP packages to maintain manufacturing controls and documentation needed for FDA regulated entities, however, we were not involved in the initial selection of Intacct with those clients. That said, we can say it serves very well in early-stage IPO startup companies - just not in a manufacturing powerhouse. 

For how long have I used the solution?

We have a dozen or so clients using Intacct. 

It's one of the big three created-for-cloud options (NetSuite/Intacct/Acumatica), and, while there are a few new cloud options, most of the cloud ERP offerings are simply an online version of the ancient 1980s codebase ported to the cloud. 

However, Intacct implements quickly and operates with modern features. The concept of Intacct is to be the very best accounting package with ease of integration to any operational software - which has some advantages in situations where you can keep your best-of-breed solution for operations and take advantage of numerous APIs to trade the data that needs to pass back and forth. 

Disclosure: My company has a business relationship with this vendor other than being a customer: We're the advisory consulting service that recommends Intacct where applicable - we're not a reseller or directly associated with Sage in any way other than maintaining contacts to insure our clients get the best possible, qualified teams and support.
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