Sage Intacct: Independent Overview, Pricing, Modules and Pro's & Con's
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Sage Intacct: Overview, Functionality, Pricing
Find out everything you need to know about Sage Intacct including functionality, modules, pricing, user interface and more.
Sage Intacct Pricing
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What is Sage Intacct?
Sage Intacct, also known as Intacct is an enterprise resource planning software from British software house Sage. It is a multitenant Cloud or software-as-a-service ERP tool which was designed for small to medium enterprises (SME's) offering a broad set of functionality including accounting, AP, AR, cash management, fixed assets, sales order management, procurement and purchasing, stock & inventory management, project management, expenses plus inbuilt reporting & business intelligence (BI).
Although it can be described as an enterprise resource planning solution, it is more often referred to as a financial management or accounting system due to it's lack of supply chain related functionality. Despite this, additional functionality has been developed by Sage partners to increase it's capabilities in these areas.
Sage Intacct Functionality Overview
Sage Intacct is a Cloud (SaaS) ERP solution and finance management software with a comprehensive set of integrated functionality. In this section we have curated the core functionality which Sage Intacct offers:
Sage Intacct
Accounts Payable
At the core of accounts payable capabilities within Sage Intacct is the ability to set up approval matrixes and rules, allowing stakeholders across your organization to approve purchase requisitions and orders. Integrated budgeting also allows you to limit spending and stay in control of purchasing.
Sage Intacct
Accounts Receivable
Accounts Receivable functionality in Sage Intacct allows streamlined analysis of aged debts, recurring revenue, deferred invoices plus inbuilt dashboards and reporting. Intacct also provides controls to give businesses the ability to create rules within the system. Collections functionality also enables you to provide customers with automatic reminders to ensure tight cashflow control.
Sage Intacct
Cash Management
Sage Intacct provides finance and accounting covering general ledger, accounts payable and receivable with comprehensive support for disparate organisations operating over several locations, countries and operating entities. It also covers revenue recognition.
Sage Intacct
General Ledger
Sage Intacct offers strong general ledger functionality, including continuous closing, configurable workflows, easy collaboration across your organization and inbuilt reporting. Multi-entity organizations are also well supported with easy controls to add, change or remove legal entities. Users can easily find problematic transactions from the inbuilt reporting capability, allowing you to easily drill down.
Sage Intacct
Order Management
Sage Intacct provides managing customer sales orders across various channels whether you sell face to face, online or elsewhere. This also provides tight integration into financials, fulfilment and the rest of the modules within Intacct.
Sage Intacct
Procurement
Purchasing within Sage Intacct provides visibility on the end to end procure to pay cycle. The software allows easy configuration of purchase requisitions, purchase orders, quotes, returns.
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Sage Intacct User Interface (UI)
Sage Intacct has a modern user interface which is optimised for any device. This allows you to access business information, action approvals or perform other actions within the system regardless of whether you're using a cell phone, tablet or laptop PC or Mac.
Sage Intacct Third Party Extensions
Sage Intacct expands the offerings of it's core modules with a host of third party extensions. Like most modern Cloud ERP solutions, these extensions are available via it's own dedicated online store, also known as the Sage Intacct Marketplace. The Sage Intacct Marketplace offers third party extensions which provide new capabilities across the product, extending accounts payable, accounts receivable, human capital management, CRM and more as well as offering integrations into other products.
Some of the most popular extensions include:
- Expenses Management
- Blackline Account Reconciliation
- Stripe Payment Gateway Integration
- Corrigo Facilities Management
- Bill.com accounts payable automation.
- Salesforce Integration
- Grants Management (for not for profit)
- Microsoft Dynamics CRM integration
Sage Intacct Demo
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## Sage Intacct History
Intacct was incorporated in 1999, San Jose, California. The Cloud enterprise resource planning (ERP) solution was one the first ERP platforms built from scratch to be delivered online. Hence the name Intacct (Int) representing internet and (acct) representing accounting. Clever, right? Although growth was organic in the early days, several investors quickly swooped in over the years, allowing Intacct to grow rapidly. Since then, Intacct has gathered over 14,000 customers.
In July 2017, British software company Sage Group PLC announced it would be acquiring Intacct for $850M. For Sage, the acquisition was seen as an attempt to increase its market share and relevancy in the Cloud ERP market.
Sage Intacct Deployment
Sage Intacct is offered only as a Cloud ERP solution, in a true Software-as-a-Service (SaaS) model. The solution is hosted by Sage themselves and includes quarterly upgrades and product support directly from the vendor.
Intacct cannot be purchased as a perpetual license or On-Premise solution.
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Sage Intacct Industry Fit
Which industries are best suited to Sage Intacct SaaS ERP and why?
Professional Services
Intacct is popular amongst professional services firms as it offers tight integration between billing, projects, time recording, finance and order management.
Software-as-a-Service (SaaS)
Intacct has built industry specific capability to handle the needs of software as a service organisations including subscription management and billing, tight integration with Salesforce plus a robust engine for revenue recognition and financial management.
Not For Profit
Sage Intacct has built strong capabilities for the not for profit space, with functionality covering grants management, budgeting and control, allowing membership organizations and charities to manage donor funds and ensure every dollar is well spent.
Sage Intacct Pros & Cons
Sage Intacct Pros & Strengths:
- Wide and deep functionality for financial management and people centric businesses.
- True Software-as-a-service (SaaS) Cloud ERP offering.
- Strong integration with Salesforce for best of breed finance & sales, service and marketing automation.
Sage Intacct Cons & Weaknesses:
- Not well suited to product centric or supply chain heavy industries such as manufacturing or distribution.
- Strong customer focus has meant very high customer satisfaction for Sage Intacct clients.
Sage Intacct Pricing
What does Sage Intacct cost?
Sage Intacct is based on subscription pricing which includes user access, hosting, upgrades and basic product support.
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Sage Intacct Frequently Asked Questions (FAQ)
Is Sage Intacct an ERP?
Sage Intacct covers many of the same functionalities of an ERP software, but many consider it to be a finance or accounting system. This is because it does not cover supply chain heavy or product based businesses particularly well as it does not have a robust warehouse management or manufacturing capability out of the box.
Does Sage Intacct integrate with Salesforce?
Yes. Sage Intacct & Salesforce have strong integrations and the company has been working together for several years to make this happen.
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