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Sage Intacct Review
What do you like best about the product?
Easy to use. I was able to learn the system/features quickly and teach others as well. The training is a lot as needed, because the system is easy to use, but is complex in the number of ways you can group information.
What do you dislike about the product?
The custom report writer is difficult to use, but they have a new drag, drop and play feature coming summer of 2018 that will allow you to build the reports and view instantly. This helps a lot when you are building a report for someone else.
What problems is the product solving and how is that benefiting you?
With Sage Intacct we are able to provide great information to different departments in the organization. Ad Hoc reporting is a breeze.
Recommendations to others considering the product:
The dimensional reporting that allows our employees to cross section our financial data in numerous ways allowing them to use the data to make better decisions and be good stewards of our resources. This tool has assisted us in a deeper analysis of our programs as well as allow our team to help cut costs and keep our camps on track Budget wise.
Inacct is a Great Accounting package
What do you like best about the product?
Can slice and dice information all I want
What do you dislike about the product?
Because it takes a non-traditional approach on accounting structure (chart of accounts/dimensions), we've found it difficult to train our non-financial staff on how to code transactions using the new structure.
What problems is the product solving and how is that benefiting you?
Taking our organization from a paper-based/manual environment to a paperless/cloud environment.
Recommendations to others considering the product:
Check it out. It's super flexible and will likely meet your needs.
Excellent product that is scalable, flexible and able to compliment our business.
What do you like best about the product?
I like how flexible, scalable and powerful it is in so many instances. The reporting and functionality is very, very well done.
What do you dislike about the product?
I dislike the user price as I believe some industries should receive better pricing then others along with bulk discounting.
What problems is the product solving and how is that benefiting you?
All financial, banking, inventory and reporting. We are still in the early stages but it is very promising and have yet to stumped with a true issue that we could not overcome.
Recommendations to others considering the product:
Make sure to work with a consultant that really knows the product. They will show you many options not only within the product but also the add-ons.
The Best move you can make
What do you like best about the product?
The automation of data entry cut down on our bookkeeper's time by 25% - 50%; allowing her to take on additional duties. The ability to customize reports EXACTLY how you want/need is limitless and provides an in depth look at your company with a click of a button, once your reports are built.
What do you dislike about the product?
There are minor features that do not exist in Intacct that I would love to see added (such as keyboard shortcuts for saving an entry). But nothing worth complaining about or that inhibits the usability of the system.
What problems is the product solving and how is that benefiting you?
Quicker reporting/insights. A LOT less data/manual entry of information. We've moved from spending hours on data entry to being able to spend more time analyzing the information in the system.
Bookkeeping tasks are streamlined because of the ability to mass import transactions.
Bookkeeping tasks are streamlined because of the ability to mass import transactions.
Recommendations to others considering the product:
If you're on the fence - the cost of Intacct is more than worth the time saved (labor expense). Everyone would love the ability to free up time in order to maintain a more balanced workload, or take on additional duties. Intacct is the solution to get you there!
Could not do my job without it!
What do you like best about the product?
We enjoy the functionality of Intacct. Very user friendly and easy to use. The reporting feature is totally customizeable to show exactly what you need. The General Ledger feature lets you drill down into each line item, taking you to the exact location of the original info.
What do you dislike about the product?
There is not much to dislike. Processing credits to customers has been known to cause a few issues. It sometimes takes many steps in order to process credits.
What problems is the product solving and how is that benefiting you?
Intacct solved our issue of reporting by supplying us with timely, accurate reporting. Due to Intacct's ability to run many different reports for all different departments, we are able to give every department in our company an accurate view of the specific financial dealings within their departments. No longer did we have to keep multiple spreadsheets in which caused confusion and human error.
Recommendations to others considering the product:
Larger Corporations will benefit from this product. It is tailored to store and process very large amounts of financial info.
Easy to Use
What do you like best about the product?
Intacct allows me to easily and proactively manage my department's operating expenses.
What do you dislike about the product?
There isn't anything I dislike about this product.
What problems is the product solving and how is that benefiting you?
Accountability for managing OPEX. I've been able to better plan spend with this visibility and catch when departments have been coded wrong which I previously wasn't able to do.
Virtualization
What do you like best about the product?
Intacct allows Finance team to become virtual (work from home or anywhere) and this allows us to remain connect with all the necessary financial process.
What do you dislike about the product?
Nexonia only work with cash management module - want to see this work with A/P and Purchasing modules so can tied with vendors. This will help improve 1099 reporting, vendors expenditure reporting, tie to purchase order.
What problems is the product solving and how is that benefiting you?
Dashboard & Reporting has been significant improvement.
Great Improvement Over Quickbooks
What do you like best about the product?
We love the ease of use, customization, and the ability yo access our data from anywhere.
What do you dislike about the product?
It can be a little costly for a small business, but it is worth it if you are pushing the limits of an off the shelf software package.
What problems is the product solving and how is that benefiting you?
We have experienced rapid growth and the need to manage many transactions and reports.
Recommendations to others considering the product:
Highly recommended.
Excellent Product
What do you like best about the product?
I love the flexibility of the system and the constant improvement of the product. In the 8 years I have used the product, it has gone from a really good product to an excellent product. Our organization operates with greater efficiency because of the purchasing workflows. Also, dashboards reduce the custom reports we have to run for our various teams.
What do you dislike about the product?
The only downside to me is the user structure. We have users that are more than employee users, but may only need one more function. We are required to make them business users and that substantially increases cost. It would be great to have a mid level user that is less expensive, but adds limited features.
What problems is the product solving and how is that benefiting you?
The first major improvement was with our purchasing system. We had a very manual process, but now everything flows electronically through the system. People are notified when they need to approve and the requester is notified when the PO is approved. Another improvement was to our financial reporting. We used to have to provide manual reports periodically to our teams, but now they can login to see their dashboards and other data. Our teams now have quicker purchase approvals and greater access to their financial data.
Recommendations to others considering the product:
Ask questions about how to fit the system to your processes. There is greater flexibility than the standard setup.
Seemless Muti-Entity Multi-Currency Consolidations
What do you like best about the product?
When we were searching for a new accounting system to replace QuickBooks there were several requirements that were necessary have in our search and evaluation.
1) Seamless Consolidation of Muti-Entities using multiple currencies.
2) The ability to use dimensions to reduce the size of our chart of accounts.
3) Dashboards for key operating metrics and report distribution for management.
Intacct hit on all three of our requirements in a big way. The consolidation is now prepared with the push of a button whereas in the past with QuickBooks the consolidation was a very manual and time consuming process in excel that generally took about a week to prepare.
Using dimensions, we are able to tag each transaction with key attributes that were important for our end using reporting. The use of dimensions has allowed us to create multiple reports utilizing locations, regions, cost centers etc.
Dashboards have been a great way to eliminate paper reports by creating custom dashboards with key operating metrics for each manager. These dashboards are real-time and allow management to makes decisions with timely, accurate data.
4) Upload templates have also been a huge time saver for input of journal entries and accounts payable bills.
1) Seamless Consolidation of Muti-Entities using multiple currencies.
2) The ability to use dimensions to reduce the size of our chart of accounts.
3) Dashboards for key operating metrics and report distribution for management.
Intacct hit on all three of our requirements in a big way. The consolidation is now prepared with the push of a button whereas in the past with QuickBooks the consolidation was a very manual and time consuming process in excel that generally took about a week to prepare.
Using dimensions, we are able to tag each transaction with key attributes that were important for our end using reporting. The use of dimensions has allowed us to create multiple reports utilizing locations, regions, cost centers etc.
Dashboards have been a great way to eliminate paper reports by creating custom dashboards with key operating metrics for each manager. These dashboards are real-time and allow management to makes decisions with timely, accurate data.
4) Upload templates have also been a huge time saver for input of journal entries and accounts payable bills.
What do you dislike about the product?
I really cant find anything that I dislike in the system.
What problems is the product solving and how is that benefiting you?
The benefits of Intacct have been significant. From a time saving perspective we have saved many man hours per month when we implemented Intacct. Now more time can be spent reviewing the data and being able to make timely decisions on accurate data.
The controls around the system prevent transactions from being deleted. There is always a great audit trail. I felt with QuickBooks there were no controls over data input and modifications.
The most important benefit has been being able to produce timely accurate data with the ability to deliver seamless reports and dashboards to senior management so that the business decision makers have timely and accurate data at their fingertips to make smart decisions.
The controls around the system prevent transactions from being deleted. There is always a great audit trail. I felt with QuickBooks there were no controls over data input and modifications.
The most important benefit has been being able to produce timely accurate data with the ability to deliver seamless reports and dashboards to senior management so that the business decision makers have timely and accurate data at their fingertips to make smart decisions.
Recommendations to others considering the product:
Is a great system and give it my highest regards.
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