Sage Intacct Reviews

Name: Sage Intacct
Brand: Sage
Rating: 4 (8 reviews)

Vendor: Sage

4.3 out of 5

8 reviews
100% willing to recommend

143 followers

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What is Sage Intacct?

Sage Intacct offers comprehensive accounting solutions suitable for VAT, salary schedules, and intercompany transactions. It serves as a main ERP for financial reporting in healthcare, retail, and non-profits.

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Sage Intacct is the #1 ranked solution in top Financial Performance and Strategy Management solutions, #3 ranked solution in top Financial Close Software, #3 ranked solution in top Accounts Payable Automation Software, #4 ranked solution in top Subscription Management Software, #5 ranked solution in top Billing Software, #6 ranked solution in top Cloud ERP solutions, and #17 ranked solution in top Enterprise Resource Planning solutions. PeerSpot users give Sage Intacct an average rating of 8.6 out of 10. Sage Intacct is most commonly compared to Oracle Planning and Budgeting Cloud: Sage Intacct vs Oracle Planning and Budgeting Cloud. Sage Intacct is popular among the midsize enterprise segment, accounting for 75% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a educational organization, accounting for 71% of all views.

Helped 814,649 peers since 2012

Featured reviews

Raj Lakhani

CFO at CORE Business Technologies

We use the solution as an ERP system It has improved the organization because it allows us to go to the level of complexity and granularity regarding the recordation of all the transactions a SaaS company would like to do. The solution helps us create entity models for each acquisition as we…

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MichaelFox

Sage Intacct Implementation Specialist at Maner Solutions

The most valuable feature is that it is a cloud-based system so I can access it from anywhere, with any browser, on any device. It's the only major accounting ERP system on the market that was designed specifically for the cloud, the other ones were adapted to the cloud. Intacct was always designed with the cloud in mind, and it shows. Additionally, its multi-entity design is elegant, intuitive, and easy to master. Transacting and reporting across all entities from a single log-in is fantastic The user interface is sleek and consistent throughout the software, enabling users to adapt quickly and to work efficiently. The financial report writer is comprehensive and designed to enhance the user experience. I eliminated all of my Excel-based financial reports. The sub-ledgers are well designed and provide the user with tools and functions that improve efficiency.

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Tsepo Sekete

Sage intacct implementation specialist at Times 3 Technologies

Reporting is very flexible. We can choose how we report. We can create channels when we do bank reconciliation with the product. We can set up the tool to detect when certain descriptions come up and create a channel automatically. It is a very good feature. I also liked the business form templates. The product is easy to use. It's very simple to go into each journal with a few clicks and record it. When paying the supplier with the Accounts Payable module, we can link our bank fees to it. We just need to upload it. The fact that we can import stuff is very interesting. We do not have to go line to line when recording transactions. We can just put them on an Excel sheet, sort it out, and import it into the system.

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Sage Intacct mindshare

Product category:

As of November 2024, the mindshare of Sage Intacct in the Financial Performance and Strategy Management category stands at 11.8%, up from 9.4% compared to the previous year, according to calculations based on PeerSpot user engagement data.

Financial Performance and Strategy Management

Key learnings from peers

Last updated Oct 9, 2024

Valuable Features

Sage Intacct's cloud-based architecture allows access from any browser and device, providing seamless integration and efficient multi-entity management. The platform's flexible reporting capabilities, including automated and custom reports, enhance financial transparency and efficiency. Users benefit from a sleek interface, attributes function for a clean chart of accounts, and simplified data import. Comprehensive multi-entity design and expense tracking, particularly for grants, streamline financial operations and analysis.

"Sage Intacct, a full-fledged ERP, can handle complexity that smaller accounting software cannot handle."
"Its custom reports feature is also noteworthy, as it provides flexibility for users to create their reports, tailored to their specific areas of expertise."
"The most significant advantage of this solution is its pure cloud-based nature."

Room for Improvement

Sage Intacct users find mobile integration and inventory management challenging. Training and documentation need clarity. They desire improvements in adaptability for different regions, especially in banking integration. There is interest in enhanced enterprise performance management and stock management features for diverse business needs. Role setup and accounts payable approval workflows have room for improvement. While users are satisfied with accounts functionality, they suggest better automatic budgeting and see potential in ongoing AP automation and AI features.

"Their training is the biggest room for improvement, and their documentation can get very confusing."
"While we can create, post, and manage general entries, we face a limitation in allocating multiple JL accounts."
"The area where I would like to see significant improvement is in stock management."

ROI

Users reported significant financial benefits and increased efficiency in their operations. They mentioned improved accuracy in financial reporting, streamlined processes, and better visibility into financial data. Users also highlighted the software's ability to save time and reduce manual work, resulting in cost savings.

Pricing

Sage Intacct's pricing is competitive among ERP systems, using a flexible, subscription-based model similar to Microsoft Dynamics. Costs are based on module usage, with core packages covering essential features, while additional modules incur extra fees. Suited for medium to large enterprises, the pricing structure supports multi-level entities. Recent years have seen significant price increases, aligning with industry trends. Despite being on the higher end, its pricing strategy remains fair and adaptable for larger businesses.

"Sage is on the higher end of pricing."
"It's reasonably priced, offering fixed pricing, which is quite fair."
"Compared to other ERP systems on the market, it offers competitive and reasonable pricing."

Popular Use Cases

Sage Intacct is used primarily for accounting functions such as VAT calculations, income tax, general accounting tasks, and financial reporting. It serves diverse industries like healthcare, franchising, and nonprofits. Features include sub-ledger tools, approval workflows, and interactive dashboards. Intacct also supports ERP functions, data integration, and customized reporting. Organizations benefit from its cloud-based connectivity, facilitating efficient data flows and intercompany transactions, while reducing staff workload through automation and API integrations.

Service and Support

Sage Intacct's customer service receives mixed feedback. Some entities find tech support proficient and quick in resolving issues within hours, often managed by VARs, who may vary in quality and cost. Others appreciate its robust ecosystem and comprehensive Help Center, although some experience delays. Support is praised for good training despite staff changes. Generally, the ecosystem, including VARs and third-party vendors, facilitates smooth operations, enhancing data migration and report creation.

Deployment

Users noted Sage Intacct's initial setup was manageable but training took longer. Deployment time varied, ranging from four to six months based on company size. Entities with multiple accounts faced challenges but found data transfer efficient. Migrating from QuickBooks involved Excel work but was detailed and rewarding. The interface was deemed intuitive, making transitions from other platforms straightforward. Despite not being overly simple, users rated the setup positively around eight out of ten.

Scalability

Sage Intacct is often highlighted for its scalability, making it suitable for businesses of various sizes, with several users rating it highly. Its flexibility and straightforward cost structure enhance its appeal. Users appreciate the seamless setup and use of accounts across entities, although some see room for improvement. Most regard it as a strong option for growth, frequently assigning high scores in terms of scalability.

Stability

Sage Intacct exhibits high stability, with users noting minimal glitches and a 99.9% uptime. Stability is largely contingent on having a reliable internet connection due to its cloud-based nature. Users have not experienced significant breakdowns, finding it dependable for time-sensitive tasks. While some lag is typical of web applications, users consistently rate the stability around nine out of ten, highlighting its reliability for continuous operations.

These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.

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Review data by company size

By reviewers

By visitors reading reviews

Top industries

By visitors reading reviews

Educational Organization

71%

Computer Software Company

Performing Arts

University

Construction Company

Financial Services Firm

Government

Real Estate/Law Firm

Recreational Facilities/Services Company

Manufacturing Company

Non Profit

Outsourcing Company

Insurance Company

Healthcare Company

Legal Firm

Retailer

Hospitality Company

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Learn more about Sage Intacct

Sage Intacct is leveraged as a robust ERP system catering to diverse sectors by providing a wide range of essential accounting functions. Its cloud-based platform ensures seamless data consistency across any device, supporting multi-location reporting and complex integrations. Industries such as healthcare, retail, and non-profits benefit from sub-ledger tools, approval workflows, and API integrations, all playing roles in enhancing financial performance management. Challenges persist in mobile integration and localization outside key regions like the US and UK.

What features stand out in Sage Intacct?

Cloud-Based Accessibility: Access from any device for flexible financial management.
Multi-Entity Structure: Facilitates seamless transactions and comprehensive reporting.
Flexible Reporting: Custom and standard reporting capabilities to suit business needs.
Grant Tracking: Efficiently manage and report on available resources.
Channel Management: Speeds up project turnarounds with quick execution.

What benefits do users often discuss?

Enhanced Integration: Streamlined connectivity across components reduces operational gaps.
Effective Accounts Payable Management: Simplifies invoice handling and reduces processing time.
Data Importing Ease: Facilitates the transition to more efficient processes.
Automation in Reporting: Saves time and increases accuracy during due diligence.

In healthcare, Sage Intacct facilitates the management of different service lines and patient billing, enhancing operational efficiency. Retailers benefit from its robust financial reporting and VAT calculation capabilities, while non-profits utilize grant tracking and financial transparency features supported by API integrations. Industry players express a demand for more advanced tools to meet specific market requirements such as automatic budgeting and role-based account setups.

Sage Intacct was previously known as Intacct.