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Throughout my professional experience, our requirements for financial management and accounting have been significantly impacted by Sage Intacct. Utilizing this cloud-based software suite for our difficult financial tasks has made our work both more effective and less stressful. One of the most notable aspects of Sage Intacct is the payroll system. It makes tax filing and payroll processing more streamlined, which ensures that our employees are paid on time and accurately. This has significantly decreased the amount of hassle associated with handling payroll.
Sage Intacct excels in other areas as well, like inventory management. It has assisted us in managing our inventory levels and preventing both overstocking and a shortage of vital items. This resulted in a reduction of expenditures and an improvement of operations. The versatility of Sage Intacct is one of its defining characteristics. Contruction, real estate, financial services, professional services, and organizations are some of the industries that it supports.
Because of this program’s adaptability, it is able to meet the requirements of our sector, which is fantastic. In terms of pricing, the online version of Sage Intacct does not offer any fixed rates. Instead, they provide rates that are exclusive to businesses. Although this may appear to be a drawback, it actually assures that you will only be charged for those functions and services that are pertinent to your company. We think it’s reasonable and good value for the money.
Sage Intacct Specifications
Sage Intacct is an excellent option for companies that are looking for a financial management solution that is both comprehensive and scalable. It is especially helpful for companies who are expanding quickly, have complex accounting requirements, or have operations in multiple countries.
| Feature | Description |
|---|---|
| Core accounting | General ledger, accounts payable, accounts receivable, cash management, order management |
| Financial reporting | Built-in dashboards, real-time reporting, multi-dimensional reporting, global consolidations |
| Project accounting | Project budgeting, project time tracking, project profitability reporting |
| Revenue management | Subscription billing, contract management, revenue recognition |
| Time and expense management | Time tracking, expense reporting, approval workflows |
| Global accounting | Multi-currency accounting, multi-entity consolidation, international tax compliance |
| Integrations | Hundreds of pre-built integrations with other popular business applications |
| Security | SOC 2 Type II certified, data encryption, role-based access control |
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What is Sage Intacct?
Sage Intacct is a financial accounting software system that is hosted in the cloud and designed for use by companies of a size ranging from small to medium. Any accounting department or finance team can take advantage of the comprehensive suite of basic accounting tools made available by Sage Intacct.
These apps include a general ledger, accounts payable, accounts receivable, cash management, and order management. In addition to this, it offers capability for built-in dashboards, real-time reporting, control of time and expenses, project accounting, revenue management, and worldwide consolidations for numerous entities.
Sage Intacct review: Pricing
In my experience, the cost for Sage Intacct is quote-based, which means that it depends on certain parameters in order to be determined. When I was looking into Sage Intacct for my small business, the price depended on a number of different factors. A significant contributor was the number of people who used the program. The price can go up if there are more people using it.
Sage Intacct provides customers with the option to purchase supplementary modules that add improved functionality and industry-specific capabilities. These may allow you to better tailor the program to the needs of your company, but they may also drive up your prices. To make the application more functional, I decided to install a few add-ons.
I contacted Sage Intacct in order to get an estimate of the costs associated with running my small business. Friendly and helpful service was provided to customers. For details on the company’s pricing, you can either give them a call or fill out their online form. Because of this, I was able to speak with their sales team and obtain a quote that was tailored to my requirements. This tactic helped me come to the conclusion that Sage Intacct was the best accounting software for my company.
Sage Intacct review: Dashboards
Sage Intacct comes with a number of screens. There is a main dashboard called the CFO Dashboard that shows financial performance and is useful for chief financial officers (CFOs). It shows things like profit and loss (P&L) by location or a comparison between actual and expected profit. You’ll also see a balance sheet, key financial statistics, and charts for income and expenses.
There are role-based screens for project managers, controllers, accounts payable (AP) accountants, and accounts receivable (AR) accountants, as well as the CFO Dashboard. In general, we think the CFO Dashboard is the best for keeping an eye on your business’s finances because it has the most features.
Sage Intacct review: Ease of Use
From my own experience, I think Sage Intacct’s user interface might not be as easy to understand as those of other bookkeeping programs, like QuickBooks Online. It takes some time to get used to, especially if you don’t know much about accounting or business resource planning (ERP) software. It did get a little hard for me when I first started using it.
As I learned more about Sage Intacct, though, I started to like how it let me change how reports looked. These choices might be too much for people who are just starting out with Sage Intacct, but they can be very helpful for people who are already good at bookkeeping and have been using it for a while. Reports that can be changed to fit specific needs can save a lot of time and give useful information about money matters.
Sage Intacct review: Customer Service
From my own experience with Sage Intacct subscriptions, I know that they come with the Essential support plan, which gives you access to help 24 hours a day, Monday through Friday. You can choose to upgrade to the Bronze, Silver, or Gold tiers if you want more services. Each one comes with its own set of extra perks. Bronze, Silver, and Gold levels offer different services, such as consulting, faster reaction times, and access to learning materials.
The answer time of just one to four hours is really great, which is why I think the Gold tier is even better. But even the lower-level plans, like Bronze and Silver, have good customer service with answer times that range from one to eight hours. From my own experience, picking the right support plan for Sage Intacct can make your experience much better and make sure you get the amount of service that works best for you.
Final Words
I’d like to share some information about Sage Intacct bookkeeping software that I’ve learned from my own experience. If you’re in charge of finances for a medium-sized or large business with big growth plans, Sage Intacct can help you do your job better. The different features it has really make it stand out, especially in areas like fixed assets, inventory management, contract and subscription billing, and global and multi-entity consolidations. When your business starts doing business in other countries, these features become very helpful.
However, it’s important to note that Sage Intacct might not be the best choice for smaller businesses, mostly because of the high costs of setup and monthly subscriptions. People who work in finance and already know how accounting works are the best ones to use this strong tool. Getting the most out of the software will probably take some training and time to learn because it has a lot of features.
The Good and Bad
Different types of products are available under different Sage Intacct plans, such as products for accounting and finances, planning and budgets, and HR and managing people. These are some of the things that each one has:
The Good
- Multi-entity scalability.
- Integrates with Salesforce, Versapay, etc.
- Consolidated multi-entity reporting.
The Bad
- Pricing requires consultation.
- Tedious setup.
Questions and Answers
An annual subscription to the average Sage Intacct configuration for a small business begins at roughly $20,000, and here’s an example of what that looks like: The price of Sage Intacct changes depending on the number of users on your team and the different modules that your company requires.
Sage 50 supports up to 20 people and can manage up to 1.5 million financial transactions, but Sage Intacct supports a nearly limitless number of Cloud users and, as it makes use of a strong database, it is able to manage a virtually unlimited number of transactions, all of which are saved safely in the Cloud. Sage 50 supports up to 20 users.