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Intacct
What do you like best about the product?
Intacct gives you the ability to have multi-entity books with auto intercompany transactions. Also, give you the ability to customize reports that fit the need of our company. It is also nice that the software is in the "cloud", which give you the ability to log into your books anywhere. If you company has outgrown QuickBooks, I highly recommend converting to Intacct.
What do you dislike about the product?
The absent of an app to view data. One thing you need to be on the look out with Intacct, is the ability to change your configuration so easily. This is a negative because if you want to "test" a configuration change within the system, it lacks the warning that additional "back-end" configuration is required by both Intacct and yourself. This can cause major down time while Intacct restore your original configuration. These option should be blocked out and only your account manager has the ability to make these changes on your account. To avoid downtime and additional cost of restoring your original configuration.
What problems is the product solving and how is that benefiting you?
We have solve the ability of balancing intercompany transactions and help to realize a short close time
Recommendations to others considering the product:
Make the move if are a multi-entity organization.
Extremely Pleased Multi-Entity Healthcare Client
What do you like best about the product?
Intacct's reliability is fantastic with multiple data centers and no noticeable unplanned downtime. Extremely flexible configuration allows us to bake our business rules into the ERP and get consistent results. Dashboards give non-finance professionals visual insight into KPIs and company performance. Reports are easily written and optimized for our needs. And Intacct's API allows interactivity with an unlimited number of third party solution providers that specialize in other business areas and are able to communicate with the ERP. Intacct's implementation and support team is top-notch.
What do you dislike about the product?
Very little to dislike. If I had to identify an area for opportunity, the built-in budgeting functionality could benefit from some usability enhancements. The basic functionality is there, but would like to see the tools refined and polished a bit more.
What problems is the product solving and how is that benefiting you?
Time to close has been reduced by almost 30%. Intacct's dimensional structure allows us to more rapidly and reliably enter our financial transactions in a way that eliminates data duplication and allows us to generate extremely flexible analytics that are used on a daily basis to make better decisions. Integration between our purchasing card program, expense reporting software, and Intacct means no rekeying of data that is time-consuming and tedious. The information flows in automatically coded, allocated, and itemized. We catch more errors, save more money, and get better financial reporting as a result.
Recommendations to others considering the product:
Spend time thinking through your processes and take advantage of Intacct's Professional Service Team's extensive knowledge. Be willing to modernize your processes and do not enter into the project expecting to do things the same way they have always been done. Intacct, in most cases, could certainly support that - but the value proposition really comes from leveraging Intacct's modern tools and built-in workflows to make things much more reliable and efficient.
I'm the Controller of the company. I converted from QB to Intacct in October.
What do you like best about the product?
It is pretty intuitive once you learn how to use the fields.
What do you dislike about the product?
We have some issues with how credit card transactions interact with Intacct.
What problems is the product solving and how is that benefiting you?
Using the ACH function to create a NACHA file has been great. So has the financial report writer.
Recommendations to others considering the product:
It is a great system for an upgrade from a product like Quickbooks or Peachtree.
Administrator for a non-profit installation
What do you like best about the product?
Ease of use, easy to audit and follow the trail of transactions. Implementation was flexible and easy to customize.
What do you dislike about the product?
You need to purchase multiple modules to accomplish your goals.
What problems is the product solving and how is that benefiting you?
Purchase request configuration. Once reconfigured and customized, we were able to meet our objectives.
Recommendations to others considering the product:
Definitely buy the product. It can be customized to meet all needs.
Intacct has worked great for us!
What do you like best about the product?
The ability to record revenue on an individual customer level.
What do you dislike about the product?
Implementing a new ERP is always burdensome, but I don't think that is a problem specific to Intacct.
What problems is the product solving and how is that benefiting you?
After implementing Intacct, we now have a much greater insight into our individual customers, which is the key to our business.
Recommendations to others considering the product:
You won't regret it!
Intacct Review - SaaS Company
What do you like best about the product?
The automated revenue recognition and the reporting function are among my favorite features. We have 18,000 transactions a year in AR that drive revenue schedules and around 12,000 customers. Intacct allows us to automate a lot of the process as well as improve our audit.
What do you dislike about the product?
Very Little. The way that intacct makes improvements based on customer ideas allows anyone to get a necessary change. I like that I can go in and provide feedback or an idea and see changes in the next couple releases. I also thing their basic support is fabulous. Gets back with a response usually within 24-48 hours.
What problems is the product solving and how is that benefiting you?
Automation and systematization
Sage Intacct and Intellitec Solutions for Senior Living/Long Term Care Organizations
What do you like best about the product?
Dimensions, dashboards and reporting along with Intellitec's automated daily integratiion with Point Click Care provides Senior Living organizations and their location/division managers the real time information they need to better serve their residents and control costs. Daily revenue, cash, census and other non-financial data automatically integrated real time with Intellitec's integrations provides all the data needed in the Intacct system.
What do you dislike about the product?
Most organizations wish they implemented and integrated Sage Intacct with Point Click Care sooner.
What problems is the product solving and how is that benefiting you?
Integrations with Point Click Care, payroll and other operational systems with Intellitec's automated daily integrations provides all data in one system and facilitates real time reporting.
Recommendations to others considering the product:
Intacct provides functionality out of the box that other SaaS solutions need scripts and code.
My favorite mid-market finance software
What do you like best about the product?
We like the new subscription billing package which will allow us to interface with Saleforce.com. The system also has very flexible reporting capabilities, including a number of dimensions that we have not had in the past. We are very exciting to go live in January 2016.
What do you dislike about the product?
The set up process is somewhat extensive and time-consuming, especially doing it on our own with a consultant to assist us.
What problems is the product solving and how is that benefiting you?
Better revenue information and visibility to many in the company through dashboards.
Recommendations to others considering the product:
Make sure you evaluate this package
Intacct is a very robust and dynamic software
What do you like best about the product?
The reporting capabilities of Intacct far exceed those of any software that i have had experience with. In addition, the customization features are great as well.
What do you dislike about the product?
The only thing that i dislike about Intacct is that there is SO MUCH that you can do that i wish i knew all of the potential.
What problems is the product solving and how is that benefiting you?
The ability to report everything with the easiest level of transparency
Great for Multi-entity companies!
What do you like best about the product?
The thing that I like best about Intacct is the ease of using the software. As long as you set up Intacct correctly, everything is straight-forward. Separate entities can have their own set of books but everything is still intertwined if needed.
What do you dislike about the product?
I have not experienced anything that I disliked about the software.
What problems is the product solving and how is that benefiting you?
I started at a company that used Quickbooks and each entity had a separate login, they had 26 entities. Intercompany JEs took too long and a JE had to be entered in for everything that needed to be allocated. The month end close process took 21 days. Now that we have moved over to Intacct, we can close out within 12 days. There is less work to do when everything is intertwined. Intacct has improved our work-life balance as well. We can login and work from home if needed.
Recommendations to others considering the product:
It is the best decision for your company! Go for it!
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