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Admin
What do you like best about the product?
Accessibility is what I like best about Sage IntAcct. I could log in at work via wi-fi, at home, or via my phone.
What do you dislike about the product?
The inventory module is still challenging for me to reconcile the item reports to GL.
What problems is the product solving and how is that benefiting you?
We don't have to worry about keeping up with maintenance for server's and users' hardware and software.
Recommendations to others considering the product:
Keep the sandbox as long as you could to test new scenarios.
Sage Intacct review
What do you like best about the product?
We have been able to streamline and sync the accounting records and processes of several sister organizations to since we began to use Sage Intacct. This has enabled comparison of financial records, effective communication within the accounting software and consistency among several organizations.
What do you dislike about the product?
The initial training on the software can take some time. If your employees do not have prior knowledge of accounting systems, it may prove difficlut to train them on this software.
For consistency it would be better to train your Business bookkeeper/payroll admin or Non profit grants administrator to capture accurately and then train everybody else how to understand and access reports that have been generated.
For consistency it would be better to train your Business bookkeeper/payroll admin or Non profit grants administrator to capture accurately and then train everybody else how to understand and access reports that have been generated.
What problems is the product solving and how is that benefiting you?
- We have gained efficiencies in processing revenue transactions, as well as better visibility to our revenue waterfall which enables us to have more accurate revenue forecasts.
- Extracting data is a "push of a button"
- Consolidating our financial statements has become easier and more accurate - we used to do these in excel.
- Extracting data is a "push of a button"
- Consolidating our financial statements has become easier and more accurate - we used to do these in excel.
Recommendations to others considering the product:
The key is to get it set up right on the front-end. Do NOT skimp on this step in the process. Take the time and spend the extra money (if necessary) to get a full understanding of the product and how it works (especially the dimensions) and how best to set it up for your environment. It will pay off in the long run and make your Intacct user experience better by allowing you to take full advantage of all it's capabilities.
ERP with the best ROI
What do you like best about the product?
The automation abilities. I am able to fully automate my order to cash process and the related accounting. Doing so has shortened my monthly close by 5 days!
What do you dislike about the product?
Custom reporting is not as user friendly as I would like
What problems is the product solving and how is that benefiting you?
I am solving the administrative burden around billing and am able to keep my accounting headcount flat while the Company continues its excellent growth.
Good if you are a small-to-medium business with only one base currency.
What do you like best about the product?
The reporting and dimension groups are fantastic. The user interface is great. The new action interface is a little less intuitive, but it's still pretty good. Consolidations are easy. Custom reports take a day or two to learn, but after you learn how to create custom reports and custom fields, you can quickly export to Excel and perform lots of great analyses.
What do you dislike about the product?
Prepaid, PP&E and contracts modules are lacking and lose some functionality if you have entities with different base currencies. Customer service is kind of poor - case resolution is slow and some seemingly simple functionality (like freezing the columns on HTML reports) is not available in some cases.
What problems is the product solving and how is that benefiting you?
Easy consolidation and powerful reporting
Recommendations to others considering the product:
Avoid Intacct if you have multiple entities with different base currencies and avoid the contracts module (for ASC606 reporting). Be aware the Prepaids module and fixed assets module are lacking - though they do a decent job, it was like they were created by someone who never had to account for either of these types of transactions.
Other than that, it's a fairly powerful software that can help automate consolidation and reporting and save quite a bit of time on the month-end close.
Other than that, it's a fairly powerful software that can help automate consolidation and reporting and save quite a bit of time on the month-end close.
Good product
What do you like best about the product?
I like the integration with salesforce and how straight forward it is.
What do you dislike about the product?
The lack of options with the integration. If i want to base it on another field or record type its a big workout.
What problems is the product solving and how is that benefiting you?
Our invoicing is a huge issue since we are multi product. Intact allows us to invoice in a way that works best for us.
Running multiple companies is a breeze!
What do you like best about the product?
We have 27 companies. Intacct gives us the ability to move between companies, run grouped reports and make entries without ever exiting the software. Allowing for multiple open windows at one time has saved us not only time, but the headaches associated with inefficient software.
What do you dislike about the product?
Haha, when we download a report to Excel, why does it ask us AGAIN if we want to download? I already initiated that action?
What problems is the product solving and how is that benefiting you?
The true benefit is FTE savings. Intacct has allowed us to grow with fewer staff.
Handy ERP for Multi-Entity Company
What do you like best about the product?
We switched from QB Enterprise in order two consolidate our 3 subsidiaries financials under one roof. Sage Intacct does the job very well and saves users a lot of time on a day to day basis.
What do you dislike about the product?
We don't like the inventory module. It cannot track FIFO so we recently scrapped the module and went back to our 3rd party provider.
What problems is the product solving and how is that benefiting you?
The inventory module cannot track FIFO so we recently scrapped the module and went back to our 3rd party provider.
We've realized a major benefit in being able to design our own reports from scratch using the report writer tool. This allows us to take a top level approach on some accounts, and get very granular where necessary.
We've realized a major benefit in being able to design our own reports from scratch using the report writer tool. This allows us to take a top level approach on some accounts, and get very granular where necessary.
Recommendations to others considering the product:
Useful for small businesses looking for the comsolidation function
Sage Inttact insures GAAP compliance
What do you like best about the product?
Where do you start? The Consolidation is extremely useful and efficient. The level and depth of reporting and the dashboards provide quantifiable data to facilitate decision making and accelerate growth. Multi entity and multi currency is easy to manage and report. Intacct makes revenue recognition compliance significantly easier.
What do you dislike about the product?
Like any of the larger accounting systems, Intacct can be a bit clunky with a steeper learning curve than the lower tier systems (Quickbooks / Xero ) but then the benefits are far greater. Intacct can be difficult once you get off the rails - it can take multiple clicks to remove warning for simple typo's
What problems is the product solving and how is that benefiting you?
We have used Intacct for multiple companies - automated consolidations - bringing data into Intacct efficiently and quickly - revenue recognition compliance - integration with bill.com - automation of the accounting process.
Recommendations to others considering the product:
As a CFO it Intacct will certainly allow you to sleep at night knowing your accounting is GAAP compliant and significant controls are in place......
User-friendly and efficient cloud based accounting system
What do you like best about the product?
It's easy to navigate with little training.
What do you dislike about the product?
There is very little I dislike about Sage Intacct.
What problems is the product solving and how is that benefiting you?
Stream-lined reporting, less manual reports, better reporting on various dimensions.
Recommendations to others considering the product:
Make sure you have a great implementation partner.
An in-depth accounting platform with a wide range of features
What do you like best about the product?
Beyond the basic accounting functions found in most account products, Sage Intacct offers a much greater depth of reporting tools, a solid user interface, and great support. The company does a very good job at providing updates.
What do you dislike about the product?
Unlike simpler programs like Quickbooks, this is a full blown accounting package that can require some hours of implementing it and training users. Its full feature set may not always be used by all members of an organization, requiring purchases to do a good review of needs before purchasing a license. The product is as beginner friendly but then again its market is not for novices.
What problems is the product solving and how is that benefiting you?
Sage Intacct really offers a great many tools, far beyond simpler applications offered by other competitors. Thus one can find an all in one solution for accounting needs. In the organization I was working with, we had to do a careful analysis of what was really needed in terms of features. The package offered a great deal more options for the growing organization than other products.
Recommendations to others considering the product:
Consider your business and user needs carefully.
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