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Deep (and complicated) for the non-accountant.
What do you like best about the product?
If you have the time and inclination to dig in to the details, you can find almost ANY information you want/need.
What do you dislike about the product?
As a non-accountant...I don't totally understand the scope and sequence of the entire system. But I've learned the process for my narrow set of needs and my narrow set of tasks. It's full of accounting jargon that is probably helpful to that department - but it's not a tool to "teach" anyone how to manage accounting and ledgers.
What problems is the product solving and how is that benefiting you?
Efficient way to see budgets and expenses - all in one place.
Recommendations to others considering the product:
Be ready for a lot of training if you want to really understand the depth and breadth of what it can do.
Senior level manager involved in product selection
What do you like best about the product?
Inter-entity reporting and consolidations were a key requirement and are handled efficiently by Intacct.
What do you dislike about the product?
The quarterly updates are appreciated and provide regular and increased functionality. They do, however, sometimes cause work flow issues and redesign. Small price for the continue improvements.
What problems is the product solving and how is that benefiting you?
Ease of posting revenue and expenses across entities. Manual Inter-entity transactions have been reduced significantly.
Sage Intacct Implementer and User
What do you like best about the product?
Sage Intacct is a very comprehensive program that has the ability to provide excellent functionality. Sage Intacct is an end user focused company and I've always experienced excellent customer support and interactions at every level of the organization. I like that you can add on other modules to increase functionality.
What do you dislike about the product?
You have to implement correctly! Out of the box is the best. Even out of the box implementation offers custom fields.
Using some of the Marketplace partners is an excellent opportunity to expand functionality ~ the down side of this is that there are always extra fees involved that you need to be aware of up front when planning your needs. Modules are easy to add on in future when you're ready.
Using some of the Marketplace partners is an excellent opportunity to expand functionality ~ the down side of this is that there are always extra fees involved that you need to be aware of up front when planning your needs. Modules are easy to add on in future when you're ready.
What problems is the product solving and how is that benefiting you?
Reporting is dynamic. Less excel spreadsheets
Robust Accounting System with Limitless Posibilities
What do you like best about the product?
Sage Intacct not only provides us with the tools to track basic accounting transactions, but it also provides many tools that allow my accounting team to provide useful data to my staff for ongoing decision making. The report feature is very customizable and allows us to build reports based on limitless dimensions and data. We have yet to maximize the potential of creating custom dashboards for our staff to reference in real time. Sage Intacct also provides direct integration with other systems for credit card reconciliations and payables that allows our team to work with high efficiency.
Lastly, over the last year we have transitioned most of our workflows to be paperless and our approvals to take place directly within the system. We are so thankful for the ways that Sage Intacct has allowed us to seamlessly transition to remote work.
Lastly, over the last year we have transitioned most of our workflows to be paperless and our approvals to take place directly within the system. We are so thankful for the ways that Sage Intacct has allowed us to seamlessly transition to remote work.
What do you dislike about the product?
There are several features that feel fairly basic (such as the Project dimension) that Sage Intacct does not include with the basic price. These features are a very costly add-on. They are necessary for our organization's accounting and very costly to us as a non-profit.
What problems is the product solving and how is that benefiting you?
Sage Intacct allows us to run very customized reporting that provides data to fuel informed decision making for our organization. The ability to schedule report runs for the end of each month has saved my team so much time.
Has all the info I need to do the job
What do you like best about the product?
Intacct makes it easy in my role to see collection amounts and trigger notifications.
What do you dislike about the product?
User Experience is a little confusing at first. A little more of an initial learning curve than most for things like permission assignments and how to access different clients under multiple categories.
What problems is the product solving and how is that benefiting you?
Easy to trigger notifications for overdue invoices.
Recommendations to others considering the product:
Make sure you communicate your needs for usage for this software. I think there might be better software out there if you're trying to keep your billing technology simple. But does have a lot of great functionality.
The best reconciliation features!
What do you like best about the product?
Out of all the accounting software I've tried, I enjoy the way Sage allows users to reconcile bank and credit card transactions. It makes a very tedious process much easier.
What do you dislike about the product?
I'm not a fan of having to run reports to see transactions related to vendors.
What problems is the product solving and how is that benefiting you?
I'm doing bank and credit card reconciliations over multiple years and I've found that process to be much easier than other accounting software. When a mistake is made with a journal entry, I find that it's very easy to pull up the register and correct the entry.
Very good software
What do you like best about the product?
I like the way you can manage all the intercompany journal entries or bills with only one entry and all the entities are in balance.
After doing your first bank reconcilation you can connect the bank to a cloud base and all the entries from the bank are done for you and your next bank reconcilation is very easy. It can take you only 5 minutes.
After doing your first bank reconcilation you can connect the bank to a cloud base and all the entries from the bank are done for you and your next bank reconcilation is very easy. It can take you only 5 minutes.
What do you dislike about the product?
There are a lot of step to do simple things. Entering a bill can take you more time that you were used to. Your first bank recocilation is really hard to do. You need to know all the entries done in the account so you can be able to do it.
What problems is the product solving and how is that benefiting you?
In my company it was a pain balancing the intercompany accounts and with Intacct is really simple since the account is being balance with every entry.
Intacct solved our cloud accounting needs
What do you like best about the product?
Intacct's multiple dimensions allow us to track multiple departments across multiple locations and much more
What do you dislike about the product?
So far, we have not seen many downsides to using Intacct. Perhaps the lack of very simple, standardized reporting could be a flaw for users who have less experience in accounting could be an area of improvement.
What problems is the product solving and how is that benefiting you?
The primary problems we use Intacct to solve are tracking multiple departments across multiple locations for various reports users, all while using the cloud.
Recommendations to others considering the product:
Make sure you have someone who understands accounting in general, and the organization's needs/desires in detail and is capable of matching those things together. We were able to get a less expensive implementation package due to having the appropriate accounting expertise in-house along with having a very well-documented objective to meet the organization's needs.
User Friendly
What do you like best about the product?
I really appreciate the ability to utilize imports for the data rather than manually entering individual bills or credit card charges. It is incredibly helpful to have a built-in approval process for posting journal entries, bill payments, and other processes. It ensures that any mistakes are easily discovered before they are posted to the system. The checks and balances is very helpful for onboarding and training new employees in the system.
What do you dislike about the product?
The reporting features are not as detailed or as easy as I'm used to with QuickBooks. Additionally, I find that I have a more difficult time editing or changing transactions after they've been posted in the system. However, I believe that as I grow more accustomed to the software, I will understand more of the processes and pathways.
What problems is the product solving and how is that benefiting you?
Intacct is very helpful in balancing the books at the end of each month. The biggest benefit has been its compatibility with our other systems, making daily processes easier. ACH, EFTs, check printing, and payroll data entry are all incredibly quick and easy thanks to Intacct. We've also been able to clean up our W9 and 1099 processes with our ability to upload documents and create folders. The organization has enabled us to rely less on paper and digitize our systems.
Recommendations to others considering the product:
Intacct is wonderful for larger companies with a considerable amount of financial transactions. You should definitely consider it if you'd like to link the software to other products you use for banking or bill pay and streamline your processes.
Intacct as a Finance Rep
What do you like best about the product?
The reports are really helpful. They show what is going on in a clear way.
What do you dislike about the product?
That you have to keep logging in every few hours.
What problems is the product solving and how is that benefiting you?
solving having things left unpaid, because it clearly shows what you paid and what you didn't - and it shows how and when.
Recommendations to others considering the product:
They should invest in Intacct as it will be a huge benefit to them in the long term.
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