Sage Intacct Review

Product Snapshot

Product Pricing

Contact vendor directly for pricing information.

Technology

Sage Intacct is available as a cloud-based solution.

Customer Focus

The software can be used in a wide variety of industries as a horizontal accounting system, but also delivers specialized features for the following industries: Nonprofit, Software and SaaS, Professional Services, Financial Services, Healthcare, Hospitality, Wholesale Distribution, Construction and Real Estate.

Select Customers

Grubhub, Bitly, Meals on Wheels, Workiva, Tandem HR

View Vendor's Product Page

About Sage Intacct

Sage Intacct is a cloud-based financial accounting software system with a broad set of functionalities for small to mid-sized businesses. Sage Intacct delivers an array of core accounting applications such as a general ledger, accounts payable, accounts receivable, cash management, and order management to any accounting department or finance team. It also supports functionality for built-in dashboards, real time reporting, time and expense management, project accounting, revenue management, and global consolidations for multiple entities.

With Interactive Visual Explorer, Sage Intacct allows you to report on multiple dimensions with either pre-built, or fully customizable reports. The tool allows consolidated reporting across multiple entities, such as different locations or currencies.

Sage Intacct is cloud-based software that is accessed securely through a browser over the internet. The company offers a “buy with confidence” guarantee that outlines the level of service that customers should expect for uptime, security, recovery and more. Sage Intacct was also rated #1 in customer satisfaction by G2.

With an open API structure, Sage Intacct’s accounting solution provides integration with any CRM, payroll, POS, or ERP system such as Salesforce, ADP, and more.

About the Company
Sage Intacct serves over 14,000 customers and was founded in 1999 in San Jose, California. The company is the preferred provider of financial applications for the American Institute of Certified Public Accountants (AICPA).

Sage Intacct Key Features

Core Financials

Intelligent General Ledger

Multiple ledgers (AR, AP, order management, and cash management) that process transactions independently without degrading GL performance
Multiple books, such as accrual and cash, to allow reporting to multiple stakeholders based on their needs and report preferences
Simplify your chart of accounts using dimensions—get instant insights and one-click drill-down to source transactions
Close continuously instead of saving it all for period end with automated recurring and reversing journal entries
Enter transactions once and report on them across multiple financial standards
Review thousands of GL transactions in minutes with AI-based outlier detections
Define your own workflows
Consolidate multiple entities and currencies

Accounts Payable

Automated procurement management links purchase orders, approvals, invoice creation, and payment
Connect banks, vendors and payment platforms to automate payments & go paperless
Process bills and payments for multiple entities from a single Sage Intacct account
Reconcile in minutes with auto-matched and auto-created draft transactions
Ensure vendors receive fast, secure and paperless payment—pay vendors using their preferred payment method, whether it’s by check, ACH or virtual card

Accounts Receivable

Automated order management links sales orders, approvals, and invoices
Attach customer documents to transactions for better record-keeping
Integrate with your CRM and other business systems for a single view of quotes, sales orders, and invoices
Automatically post order transactions to your general ledger and AR ledger to streamline billing and accounting
Get real-time visibility into customer aging, invoice analyses, recurring invoices, deferred revenue and more with built-in & configurable dashboards
Automate the traditionally manual collections process—set up recurring invoices for subscription management, configure customer reminders, assign owners to collection cases, and centrally record all activity

Cash Management

See every transaction from all checking & savings accounts and credit cards across locations and entities
Sage Intacct securely connects to thousands of financial institutions around the world. Automatically import transactions and reconcile accounts from your financial institutions in just minutes
Match electronic payment transactions to invoices in a single click
Transfer funds across accounts to locations and entities right when you need them

Order Management

Remove the manual work from multi-channel order management. Define unique workflows and pricing requirements to input orders when they come in, and never again
Enable sales and finance to share pricing & order status, generate orders and more with pre-integrated Salesforce CRM connectors
Out-of-the-box Avalara integration automatically calculates sales tax for any order in any jurisdiction

Purchasing

Create predefined transaction and purchase approval workflows to increase purchasing speed, accuracy and efficiency
Monitor budgets vs. actuals, analyze costs, and gain visibility into your entire procure-to-pay cycle in one place with a comprehensive suite of dashboards and reporting tools
Connect with accounts payable, cash management and inventory to eliminate double entry
Drag-and-drop files for simplified recordkeeping and instant access to supporting documents
Get real-time budget performance, purchase quote comparisons, price breaks and more with customizable, role-based purchasing dashboards

Dashboards & Reporting

Interactive Visual Explorer

Choose from over twenty-five types of data visualization to tailor and select visuals to tell the story you need in order to inspire confidence in decision-making
Analyze financial data across multiple business dimensions
Choose from 200+ prebuilt visualizations of financial data, or modify them using a drag and drop interface

Multi-Dimensional Reports

10 predefined dimensions available out of the box, including department, item and employee. Tag transactions with dimensions (customer, product, location, department and more), instead of assigning to hard coded individual accounts
Add more dimensions to reflect unique business drivers as your business changes
Reports and dashboards automatically combine operating dimensions with financial data for analysis of each operating unit, location, project, customer and more
No external reporting tools or chart of accounts modification needed

Advanced Functionality

Revenue Recognition

Complete support for ASC 606, IFRS 15 and VSOE
Flexibly configure expense amortization to match or differ from your revenue recognition terms
Automatically recognize revenue according to accounting standards with templates and schedules
Streamline subscriptions and recurring-revenue recognition with real-time updates to accounting and billing for discounts, usage, renewals, upgrades, cancellations and other changes
See every stage of the revenue lifecycle from order to collection in a unified view with customized dashboards and reports, and plan with precise projections and forecasts

Inventory Management

Use standard templates for adjustments, transfers, damaged goods, scrap and more. Or create a custom template to fit your organization
Manage inventory in real time across locations, products and status in one place
Align cross-functional teams around a single source of truth to automate invoicing, set efficient order points and more
Cloud-based architecture allows easy collaboration for sales, finance, operations and logistics teams around the world

Project Accounting

Automate project management, time tracking, full-featured costing and resource management, project billing and revenue recognition
Utilize multiple billing and revenue recognition methods such as percent complete and milestone
Simplify project billing workflows across finance and operations
Get quick insight into team utilization and efficiency, along with employee time and expense management

AI-Powered Timesheets

Time Assistant uses AI to reconstruct the work week across multiple projects—users simply review & submit the proposed time entry
Automatically alert team members about late or rejected time entry
Enter, submit and approve time on mobile devices

Contract & Subscription Billing

Create 200+ different types of Investor Reports such as churn, NDR, ARR, billings, cash forecast, deferred revenue waterfall and more, up to 80% faster
Forecast 300+ SaaS, subscription, usage and project billing scenarios with ASC 606/IFRS 15 revenue recognition
Automate manual processes with built-in tiered pricing and usage-based billing, whether you bill across regular periods or in a non-linear way
Tight Salesforce CRM integration allows synchronization of customer and contract information with business financials in real time

Time & Expense Management

Cloud-based system allows time & expense data to be submitted any time and from anywhere
Once approved, expense reports automatically flow into accounts payable, enabling prompt reimbursement in the correct currency
Real-time data on expenses is summarized in dashboards for insights on milestones, resourcing, client/project profitability, and more
Time and expense data automatically flows to invoicing and revenue recognition processes

Sage Intacct Resources

Outgrowing Quickbooks Demo
Demo provided by Sage Intacct
As your business evolves, so should your financial management software. This video provides an introduction to Sage Intacct cloud financials for companies outgrowing QuickBooks.

Outcome Metrics: Measuring What Matters in the Nonprofit World
White Paper provided by Sage Intacct
As modern technology continues to shift finance from a “scorekeeper” role to a “value driver” role, finance teams will lead the way in sustaining funding, strengthening stewardship, and maximizing impact by monitoring and reporting on key outcome metrics. Download the eBook to learn about outcome metrics & why they matter, ...

5 Telltale Signs Your Nonprofit has Outgrown QuickBooks
White Paper provided by Sage Intacct
Every growing nonprofit soon realizes that the early value of QuickBooks is overtaken by the limitations that emerge. Perhaps your organization has already run up against some of these barriers: inflexible processes, data accessibility issues, inadequate security, and primitive reporting. But when is the right time to make the move ...

Leveraging Sage Intacct to Support Growing Healthcare Organizations
White Paper provided by Sage Intacct
As they manage growth, healthcare organizations need to become more efficient with their financial processes and quickly generate insights into financial performance. In this whitepaper, discover how Sage Intacct cloud financials helps to streamline financial processes & increase productivity, provide deeper insight into operational performance and deliver increased ROI.

6 Key Metrics for Professional Service Organizations
White Paper provided by Sage Intacct
Service Performance Insight conducted a recent survey of 622 professional service organizations that has shed new light on performance expectations in a number of key areas. This whitepaper will highlight actionable KPIs, the factors that influence these numbers, and the steps you can take to improve them.

Buying Business Software for the Long Term
White Paper provided by Sage Intacct
Most finance teams buy software to solve today's problems, but leading teams find solutions built for long-term success. Download this whitepaper from Sage Intacct & Kimble Apps and learn tips to engage and qualify vendors during the evaluation process, how to select a vendor that shares your long-term vision of ...

Are You Ready to be a Tech-Savvy Finance Leader?
White Paper provided by Sage Intacct
A CFO today needs to be the leader who can modernize business systems and operations. Learn how to automate manual processes to close the books up to 79% faster, consolidate 100s of entities in minutes, and spend nights and weekends with family, not in the office with our latest eBook.

7 Reasons to Move to Cloud Financials Now
White Paper provided by Sage Intacct
Modern business is always changing and shows no signs of slowing down. Download this whitepaper to discover how moving to a cloud-based financial accounting solution can help you quickly adapt to support changing business needs, replace manual processes with automated workflows, and deliver "right-time" information for the answers you need, ...

Next Generation Financial Consolidations
White Paper provided by Sage Intacct
58% of US companies manually reconcile accounts. Is your financial complexity holding back your growth? Download the white paper to learn how the next generation of financial consolidation automates financial processes, enables faster growth & better insight, and provides easy access to consolidated information across your organization.

The Hidden Cost of QuickBooks
White Paper provided by Sage Intacct
This whitepaper outlines a framework to help your organization assess the hidden costs of continuing to use QuickBooks along with the financial upside of switching to a modern financial management and accounting system. Download the whitepaper to help you: • Decide the best time to switch from QuickBooks to a ...