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A REAL accounting platform
What do you like best about the product?
This cloud based accounting platform comes with all of the tools necessary to perform complex accounting and financial reporting functions needed for any business that's serious about information to be successful. Specifically, we like the multi-dimension accounting, multi-entity and global consolidations, multi-currency, dashboards, subledgers, any much much more!
What do you dislike about the product?
Implementation is not automatic. It takes time, skill and a lot of buy in from stakeholders. The import error notification process could definitely use better plain English explanations since they do not include what I'd consider accurate descriptions. It takes a lot of practice to learn what the error notifications mean (and I'm still working on it).
What problems is the product solving and how is that benefiting you?
Intacct has bridged the gap between being an excellent accountant and our clients recognizing how valuable an excellent accountant can be. We also used to suffer from slow systems because of the volume of transactions. Those transactions were causing systems to crash, or would take 5 minutes to save an update to a report. Intacct has resolved a lot of those problems for us and we have yet to have a slow down in processing.
Recommendations to others considering the product:
Take your accounting to the next level by integrating with more systems, gaining power in flexibility in reporting, and providing real time information to your users.
Big Upgrade from QuickBooks
What do you like best about the product?
As a company with 100 hundreds of different entities, the ability to use our "top Level" approach to input invoices and make payments has saved us a lot of time compared to Quickbooks
What do you dislike about the product?
I do not dislike much about Sage. One thing that i dislike is the layout of the general ledger report creating. I feel like it is not as user friendly at first and they could upgrade it to make it easier
What problems is the product solving and how is that benefiting you?
The benefits include saving time paying bills, inputting invoices, bank reconciliations. Also, we were able to solve the problems regarding switching in and out of clinics in quick books, which waste a lot of time.
Financial cloud-based technology that can cut / dice financial figures
What do you like best about the product?
Allocation dynamics which help to develop more detailed documents.
What do you dislike about the product?
Not easy to use when it comes to report creation.
What problems is the product solving and how is that benefiting you?
The size of the event was the most impressive thing for me. I never went to such a broad and insightful case. My favorite part of the meeting was an expo where we met numerous stakeholders who can support our business to boost its strength and performance. This conference provided an excellent opportunity to meet and learn a lot through networking. Hands-on training was my favorite part of the classes. It provided me with a chance to get to know Saige Intact better and provided me with many tricks and tips.
Recommendations to others considering the product:
It is the market's best accounting technology.
A must read: Intacct in the office
What do you like best about the product?
The system provides good financial reports and best of all it produce them instantly. Since our bookkeeper keeps good records of revenue, bills and invoices the system does a great job at creating financial reports that are essential for any non-profit organization. Storing audit trails documents is another great component of the system. I also like the fact that Intacct is improving the system so that reports are becoming more interactive and user friendly.
What do you dislike about the product?
I Feel the payable & receivable modules have room to improve. Accounts payable lacks the ability to show how a payment was executed by looking at the list of bills. You need to click on each bill separately in order to find out how it was paid or who approve it. It would be nice if the accounts payable module shows the payment method Checks, ACH or wire tranfers right on the List of Bills and who approve that bill.
What problems is the product solving and how is that benefiting you?
Our company works on project so tracking each project "actual vs. budget is essential for our organization.
The organization is also looking forward to adding another ledger of business and to consolidate the two company when the times comes which is something that our company couldn't do using the previous software.
The organization is also looking forward to adding another ledger of business and to consolidate the two company when the times comes which is something that our company couldn't do using the previous software.
Recommendations to others considering the product:
The company is using Intacct to manage its Porfolio of about 20 different projects and so far the system is delivering with good financial reporting and ease to use for accounts payable and receivable.
Informative, fun & learn!
What do you like best about the product?
Sage Intacct has streamline and speed-up the multi-currency, multi-entity consolidation in just a click away. It has improved the month-close process with speed and efficiency. The customized capability in reporting allows the user to create useful financial reports and data analysis. Project reporting allows us to analyze profitability much more easily and timely.
What do you dislike about the product?
Lack of details for the consolidated general ledger at top level - would be great if the consolidated transaction could provide details like in the entity level. Report creation could be quite difficult for first time user, would be great if Sage Intacct will provide free online hands-on training for their customers to fully utilize the capability of Intacct.
What problems is the product solving and how is that benefiting you?
Financial Reporting - be able to generate consolidated financials in minutes and could easily carve out reporting by entities to see period performance vs budget for forecasting.
Project profitability analysis - It allows me to build a report that spontaneously calculate the profitability of each training (pulling revenues & costs from various GL accounts in different entities).
Project profitability analysis - It allows me to build a report that spontaneously calculate the profitability of each training (pulling revenues & costs from various GL accounts in different entities).
Recommendations to others considering the product:
Powerful & time-saving for businesses with multi-entities!
Sage Intacct Conference delivers the best conference so far with relevance on today's finance issues
What do you like best about the product?
The CFO track was incredible. The sessions were relevant and incredibly helpful in how we are being looked to as change agents within our organization. The hands on elements really help ground me in what is needed and helped validate many of the areas I was already engaged in, but gave me some "food for thought" on how to improve. Finally, I loved the ability to have so many opportunities to network with other NFP finance professionals.
What do you dislike about the product?
I wish I could clone myself. There were many sessions I was interested in, but ran concurrent. That is a good problem to have from Sage Intacct perspective, but not so much for me.
What problems is the product solving and how is that benefiting you?
We had a complex revenue recognition issue that was solved with our initial implementation of Sage Intacct. Since then, we have seen many benefits with our integration of Nexonia, Joseph Eve Asset Management, and the improved report writer functionality. We have reduced both our monthly close time by 40%, but also seen our Auditors request for additional information reduced by 50%. I am know working on improving my reporting capabilities and dashboards.
Recommendations to others considering the product:
Work with a good implementation partner such as Armanino or CLA. Also, remember that once you implement and start using the product, you will find that you wish to add and redo some of your processes as Sage Intacct allows you to expand your horizons on efficiencies...but you won't realize that until you are in it.
Great web-based solution for non-profits
What do you like best about the product?
Sage Intacct is a user-friendly product with an established track record that has improved our financial processes and reporting. We've been able to close our month 4-5 days earlier than before. Our managers now have up to the minute access to their financial operations though drill-down capable customized dashboards. We've been able to integrate easily with other solutions to bring us to a new level of efficiency (budgeting/credit card expense reporting/donor management/AP Automation). The reporting available from SI made our prepration for our annual audit much more efficient.
What do you dislike about the product?
I would say the product is very powerful and flexible which also brings a level of complexity at times.
The support process has been a learning curve as well. Now that we understand the process, however, I believe we receive a good level of support.
The support process has been a learning curve as well. Now that we understand the process, however, I believe we receive a good level of support.
What problems is the product solving and how is that benefiting you?
We've been able to downsize our accounting staff from 4 to 3 after implementing Intacct along with other providers that have streamlined a number of our processes (credit card reconciliation, accounts payable and financial reporting). I have also seen some efficiency with our annual audit in being able to provide a read only auditor access log in for them to review their disbursement selections and other information they normally rely on us to provide.
Recommendations to others considering the product:
NA
Makes my entire team more efficient
What do you like best about the product?
Sage Intacct has allowed us to consolidate our many bank accounts (and reduce the related bank fees and administrative burdens) by automating the intercompany transaction process. Automating the expensing of prepaids and allowing us to perform complex allocations with a few clicks has cut down dramatically on the month end close process. One of the big selling points for us was the ability to import operational data and perform calculations along with the financial data. Reporting is also very flexible and allows us to put together more useful reports. Love that it's web-based. Our prior system was hosted by the vendor and accessed via remote desktop which was frequently slow and problematic.
What do you dislike about the product?
After using it for the past five months, we haven't found anything not to like.
What problems is the product solving and how is that benefiting you?
Intacct allowed us to lower the costs of our accounting and reporting software solutions, lower our bank fees, integrate a better AP automation system (Yooz), automate our allocations, more easily integrate with outside solutions, reduce the overall time to close the books, and maintain our current number of staff while the company grows exponentially.
Recommendations to others considering the product:
Some of the reviews made it look like Intacct was only for smaller companies. We are a $45 million organization and Sage Intacct fully supports our needs and has room to grow as we grow.
Love the features
What do you like best about the product?
The ease of use and simplicity make Sage Intacct a great product
What do you dislike about the product?
Only a few issues with getting logged out, other than that, it's great!
What problems is the product solving and how is that benefiting you?
Keeping all sales straight. The reports are great for balancing with other programs.
Recommendations to others considering the product:
Great product to use with SalesForce an accounting functions in general.
User friendly tool
What do you like best about the product?
Intacct is an extremely User-friendly site, which allows you to customize it to your companies needs and wants. I’ve used other ERP’s before and they just were not as great as Intacct.
What do you dislike about the product?
I personally like the old UI better than the new Ui, things were easier to find more quickly. I also wish the mobile app was going to be ready much sooner and shocked that it’s taken this long to implement.
What problems is the product solving and how is that benefiting you?
It truly streamlined our Accounting process for us and has allowed us to focus in other areas of our business.
Recommendations to others considering the product:
Just do it, I’ve used other programs and truly love Sage, my Account Manager and how they are always 10 steps ahead of the curve.
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