Sage describes Intacct as a financial management platform that’s capable of handling business requirements for enterprise-level companies. Deployed over the cloud, Sage Intacct is designed to provide real-time insights into hundreds of consolidated entities through a single system. In addition to financial management, Intacct offers in-depth accounting capabilities that can handle multiple industries and sectors. Founded in 1981, Sage started by developing accounting software for printing companies before rapidly expanding across multiple industries and countries. Now one of the largest providers of business software in the world, Sage has offices in 24 countries and provides Intacct and other business solutions to more than 6 million customers.
What Is Sage Intacct?
Sage Intacct is a financial management software suite that’s deployed over the cloud. The vendor provides solutions for different business types and sizes, and Intacct is meant to cover the needs of mid-market enterprises and accounting firms. This type of software is similar to enterprise resource planning (ERP) solutions because both types of systems integrate data across all departments within a single system. However, Sage Intacct is focused entirely on the financial management of a business, instead of also facilitating production, distribution, or professional services.
What Is included in Sage Intacct ERP?
Intacct includes an industry-leading set of software modules and features that cover nearly all aspects of financial management. This includes core financials and project accounting, fixed assets, spend management, billing automation, time and expense management, inventory management, and many other functionalities that cover complex financial management requirements.
Benefits of Using Sage Intacct ERP
Sage states that Intacct can help reduce the time to close by up to 79%—a sizable reduction of time spent. Companies that implement Sage Intacct can expect to enjoy real-time reporting for hundreds of consolidated entities. The solution also supports the automation of manual tasks, further improving productivity. Company execs and finance leaders can use the system to support decision-making processes through accurate, in-depth data collected and analyzed across the entire company.
Sage Intacct ERP Pricing
Some Sage software products have a price list published online. Intacct isn’t one of them. As an enterprise-level solution, the cost of Sage Intacct will change from one company to the next. The main drivers of software cost are the number of staff members that must use the solution and the complexity of the business requirements that the software has to cover. Larger companies with complex processes are much more likely to pay more than midsize businesses of lesser complexity.
Sage Intacct ERP Comparison
Sage is one of the biggest business software companies in the world, so their solutions are often compared to SAP, Oracle, and Microsoft solutions. Companies such as Xero and Intuit directly compete with Sage solutions by focusing on financial management products for businesses of all sizes.
Sage Intacct ERP Reviews
Sage Intacct is one of the more well-reviewed financial solutions on the market, with thousands of users providing positive feedback for this Sage solution. Intacct is popular enough to receive glowing reviews from sites such as PC Mag, and Gartner Magic Quadrant named Sage Intacct as a visionary for cloud core financial management suites. Glowing reviews certainly bode well, but you still need to perform an in-depth review of your own business requirements when selecting any business software system.