ARTICLE | 5 MIN READ

What Is Sage Intacct Accounting Software?

What is Sage Intacct, and how can it help your business?

Sage Intacct Dashboard

TABLE OF CONTENTS

Sage Intacct is cloud-based, best-in-class accounting software. It helps businesses increase operational efficiency, manage IT costs, and gain valuable real-time insight into their financials to improve productivity and profitability.

  • Cloud platform. As a cloud solution, Sage Intacct provides access to your financial data anytime, anywhere, from any device. There are no hardware requirements to run the software, so you can reduce IT expenses.

  • Best-in-class. Best-in-class software is designed with deep functionality in one area, like accounting, and extensive integration capabilities so you can cover other areas of your business, like payroll or customer relationship management, with similarly specialized solutions. As a best-in-class solution, Sage Intacct is an accounting powerhouse with a vast marketplace of out-of-the-box integrations and a set of public APIs for custom integrations.

  • Regular updates. Sage Intacct delivers quarterly updates with about 30–60 new features and product enhancements in each release. Updates are deployed automatically through the cloud, without any downloads or installation required on your end.

  • Powerful reporting and dashboarding. Sage Intacct is known for its extensive reports and dashboards, which include drill-down capabilities and can be customized to provide the specific data you want to see.

  • AICPA approved. Sage Intacct is the first and only financial management software endorsed by the American Institute of Certified Public Accountants (AICPA).

What Can It Do?

Sage Intacct provides seven core modules that give businesses a streamlined way to handle their most important financial processes:

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  • General Ledger
  • Cash Management
  • Accounts Receivable
  • Order Entry

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 Writer
  • Digital Board Book
  • Dynamic Allocations
  • Nonprofit Revenue Recognition
  • Salesforce Integration

Sage Intacct can also link to other vital systems, expanding its functionality thanks to many out-of-the-box integrations and APIs to allow for custom integrations.

Watch Sage Intacct in action with our Demo Center!

Sage Intacct Benefits

  • Ease of use

  • 24/7 access to real-time financial data for instant 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 multi-entity, multi-currency, and multi-location transactions)

  • AICPA endorsed

  • GAAP compliant

Besides all of the above advantages, Sage Intacct customers have also found value in the sharing of ideas and best practices within the community of Sage Intacct users.

What Types of Businesses Can Benefit the Most from Sage Intacct?

As robust accounting software, Sage Intacct can support any organization looking to improve productivity and efficiency within their accounting department and more effectively manage and evaluate their financial performance and data. Sage Intacct is particularly well suited for organizations that rely on their accounting system as the foundation of their business and use that solution as their primary source of insight. Sage Intacct is a good fit for businesses that want to:

  • Move their business systems and data to the cloud
  • Take advantage of the deep functionality and integration capabilities of a best-in-class solution
  • Focus on predictive analytics rather than historical data
  • Automate and streamline processes so staff can focus on high-value tasks
  • Use real-time data to evaluate business performance and make strategic decisions
  • Have the flexibility to analyze data in new ways
  • Scale and change their solution easily

Because of Sage Intacct’s focus on its accounting capabilities, businesses in manufacturing and wholesale distribution might discover the software doesn’t have the specific operational capabilities they require. Companies in these industries may still use Sage Intacct for their accounting needs and pair it with another solution to cover the other areas of their business.

Sage Intacct is priced for growing and mid-market organizations that want a powerful solution to fuel their growth—it may be beyond the budget of some small businesses.

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

Sage Intacct’s price and value will vary based on your business. Use a price calculator to estimate your costs.

The software

Sage Intacct is a subscription-based solution priced per module and per user, so cost differs from customer to customer. The software’s pricing model allows you to manage costs by activating the modules and users that meet your current needs and adding on in the future. This keeps your initial investment at a reasonable level while giving you the flexibility to expand when you’re ready.

The implementation

Your cost for Sage Intacct will depend on the size of your accounting team and the modules you choose to implement. On average, our customers spend $15,000 to $35,000 on their annual subscription. Implementation typically costs one to one and a half times the amount of your annual subscription. Use our Sage Intacct Pricing Calculator to estimate the cost of implementation!

Calculate your Sage Intacct cost with our Pricing Calculator

How Long Does a Sage Intacct Implementation Take?

In the past, implementing mid-market accounting or ERP software could take a while, averaging from 4–6 months. However, Sage Intacct’s cloud platform, paired with a proven implementation process, means businesses can get up and running much more quickly. 

While it is feasible to implement Sage Intacct in just two months, keep in mind that this best-case scenario requires collaboration, no delays, and good planning to ensure everything falls into place. Accounting for communication and similar variables, successful Sage Intacct implementations more often take around 90 days or three months. 

How Does Sage Intacct Stack Up Against the Competition?

Sage Intacct is known for its deep accounting functionality and ease of use. Compared to leading competitors like Oracle NetSuite, QuickBooks, Dynamics Business Central, and Acumatica, Sage Intacct is a good choice for businesses that need a robust, scalable, affordable accounting solution.

Pretty much every modern accounting software will have the core features you need. You must determine what other components are important for your business—a cloud platform, excellent expense tracking, multi-currency capabilities, or something else—and find the software that offers the most of those features. Additionally, you should consider the software strategy you want to adopt: suite, best-in-class, or industry-specific.

Is Sage Intacct Right for Your Company?

Choosing accounting software for your business is a big deal! The right solution for your organization will depend on many factors, so put the time and effort into looking at viable options carefully. As you investigate which software has the features and will deliver the efficiency you need, make sure you work with a partner that has your best interests at heart.

At Cargas, we help businesses understand their options so they can confidently select the best software to serve their needs now and in the future. Contact us today to explore if Sage Intacct—or another solution—will be the right fit for your company.

Julie Fuller Sales Development Representative

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