All You Need to Know About Sage Intacct

Sage Intacct is a top-tier accounting software that runs in the cloud. It enables firms to improve operational efficiency, manage IT costs, and acquire significant real-time financial data to increase production and profitability.

Sage Intacct’s cloud solution allows you to access your financial data from any device at any time. There are no hardware requirements to run the software, allowing you to cut IT costs.

Best-in-class software is created with deep functionality in one area, such as accounting, and significant integration options, allowing you to cover other aspects of your organization, such as payroll or customer relationship management, with similarly specialized solutions.

Sage Intacct is a best-in-class accounting solution with a wide marketplace of out-of-the-box connections and a set of public APIs for creating custom integrations. Sage Intacct provides quarterly updates with approximately 30–60 new features and product enhancements per release. Updates are automatically pushed over the cloud, with no downloads or installations necessary on your end.

Sage Intacct is well-known for its comprehensive reports and dashboards, which include drill-down capabilities and can be tailored to display the particular data you require.

The AICPA has approved. Sage Intacct is the first and only financial management software approved by the American Institute of Certified Public Accountants.

What Can sage intacct Do?

Sage Intacct YouTube offers seven basic modules that help firms streamline their most crucial financial processes:

  • General Ledger
  • Cash Management
  • Accounts Receivable
  • Order Entry
  • Accounts Payable
  • Purchasing
  • Reporting and Dashboards
  • Advanced financial and operational modules are also available.
  • Time and Expense Management
  • Multi-Currency and Global Consolidations
  • Project Costing and Billing
  • Fixed Assets
  • Spend Management
  • Contract Revenue Management
  • Contract and Subscription Billing
  • Sales and Use Tax
  • Check Delivery Service
  • Inventory Management
  • Planning
  • Interactive Custom Report Writing
  • Digital Board Book
  • Dynamic Allocations
  • Nonprofit Revenue Recognition
  • Salesforce Integration

Sage Intacct can also connect to other critical systems, enhancing its capability through numerous out-of-the-box connections and APIs that enable custom integrations.

Sage Intacct Benefits

  • Ease of use
  • 24/7 access to real-time financial data for immediate insight into business performance.
  • Flexibility through configuration
  • Scalability
  • Reduced IT costs
  • Less manual labor
  • Increased security
  • Integrated systems
  • Less human error and greater data integrity
  • Multi-capable (able to manage transactions with many entities, currencies, and locations).
  • AICPA endorsed
  • GAAP compliant

In addition to the benefits listed above, Sage Intacct clients have found value in exchanging ideas and best practices within the Sage Intacct user community.

Which kind of businesses can benefit the most from Sage Intacct?

Sage Intacct, being a powerful accounting software, can help any firm improve productivity and efficiency in their accounting department, as well as better monitor and evaluate their financial performance and data. Sage Intacct is especially well-suited for businesses that rely on their accounting system as the cornerstone of their operations and utilize it as their major source of information. Sage Intacct is an ideal solution for firms that want to:

  • Move corporate systems and data to the cloud and benefit from a top-tier solution with advanced functionality and integration.
  • Focus on predictive analytics instead of historical data.
  • Automate and streamline processes so that employees can focus on high-value work.
  • Utilize real-time data to assess business performance and make strategic decisions.
  • Have the ability to interpret data in new ways.
  • Scale and alter their solution simply.

Because Sage Intacct focuses on accounting features, enterprises in manufacturing and wholesale distribution may discover that the software lacks the specific operational capabilities required.

Companies in these industries may continue to utilize Sage Intacct for their accounting needs while supplementing it with another solution to cover other aspects of their business.

Sage Intacct is geared for growing and mid-market firms looking for a powerful solution to fuel their growth, yet some small businesses may find it prohibitively expensive.

How Much Does Sage Intacct Cost, and Is It Worth It?

Sage Intacct’s price and value will vary depending on your company. Use a price calculator to calculate your expenses. Sage Intacct is a subscription-based solution with pricing based on module and user, resulting in variable costs for each customer.

The software’s pricing strategy enables you to control costs by activating modules and users that match your present requirements and adding more in the future. This keeps your first investment inexpensive while providing you the freedom to grow when you’re ready.

The implementation

The cost of Sage Intacct will vary depending on the size of your accounting team and the modules you choose to integrate.

Use our Sage Intacct Pricing Calculator to determine the cost of implementation!

How Long Does Sage Intacct Implementation Take?

Implementing mid-market accounting or ERP software used to take 4-6 months on average. However, Sage Intacct’s cloud platform, combined with a proven deployment procedure, allows organizations to get up and operating considerably faster.

While it is possible to adopt Sage Intacct in just two months, keep in mind that this best-case scenario necessitates collaboration, no delays, and careful preparation to guarantee everything is in place.

Accounting for communication and comparable variables, successful Sage Intacct implementations typically take 90 days or three months.

How Does Sage Intacct Perform Against the Competition?

Sage Intacct is renowned for its extensive accounting capabilities and ease of use. Sage Intacct is a suitable alternative for organizations that require a strong, scalable and economical accounting system, as opposed to major competitors such as Oracle NetSuite, QuickBooks, Dynamics Business Central, and Acumatica.

Almost all current accounting software will provide the basic functions you require. You must assess which other components are critical to your business—a cloud platform, good expense tracking, multi-currency capabilities, or anything else—and then select the program that provides the most of those features.

In addition, you should think about the software strategy you intend to use: suite, best-in-class, or industry-specific.

Is Sage Intacct Suitable for Your Company?

Choosing accounting software for your business is a huge decision! Many factors will influence the best solution for your firm, so take the time and effort to carefully consider all potential possibilities.

As you research which software has the features and will provide the efficiency you require, make sure you deal with a partner who has your best interests in mind.

 

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