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Good program with more features than basic account NGmprograms
What do you like best about the product?
Simple accounting procedures are easy and intuitive.
What do you dislike about the product?
At times it can be difficult to see data in a manner or fashion that adds insight
What problems is the product solving and how is that benefiting you?
Inventory management, reporting,budgeting and forecasting
It is pretty good software but there are some shortcomings
What do you like best about the product?
The ease of editing and duplicating journal entries
What do you dislike about the product?
The fact that when we add locations and departments they do not insert themselves in numerical order on the GL reports and screens when looking at different GL accounts. They show up at the end and that is completely frustrating
What problems is the product solving and how is that benefiting you?
Benefits realized are easier check tracking and bank reconciliations.
Recommendations to others considering the product:
I would recommend it but research the additional modules before committing to purchasing them
Sage Accounting Software
What do you like best about the product?
My favorite thing about using Sage software is how straightforward it is. With just common sense it’s easy to determine how to get where you need to be within the software. They keep things simple and clean, which is all you need.
What do you dislike about the product?
Sometimes it’s hard to pull a report that you need, but with a little bit of experimenting you can usually customize reports to be what you want, and that is super nice.
What problems is the product solving and how is that benefiting you?
General accounting. It’s a great software for bigger companies to use for all their accounting/inventory needs.
It was the affordable solution we were looking for at a time when we need it the most.
What do you like best about the product?
We have multiple entities and therefore have to prepare consolidations, prior to Intacct we were using QuickBooks which means we were having to do a lot of manual preparation in order to provide consolidations. Sage Intacct provided the solution we were looking for from both a pricing and system perspective.
What do you dislike about the product?
Would have liked to have a better understanding of the implementation process, we eventually engaged one of Intaccts partners to help us with implementation after we had gone through the process with one of Intaccts project managers.
What problems is the product solving and how is that benefiting you?
We've been able to automate the AP process, invoices are sent to Yooz data management service, then sent to Intacct for processing and then sent to AMEX for check delivery, this has helped us really streamline the AP process.
Recommendations to others considering the product:
Compare Sage Intacct to other systems, kick the tires and make sure it's the right fit for your organization, I believe you'll find regardless of the size of your organization Sage Intacct has the right solutions.
Great product for multi-entity environment
What do you like best about the product?
Being able to work on any entity without having to close entities and open new ones with intercompany entries automatically generated
What do you dislike about the product?
You can no longer use a manual check when the split between accounts includes a negative. Entering a bill first adds additional steps that should not always be necessary. In Pay Bills, you can't sort the view as you can in Select Bills to Pay.
What problems is the product solving and how is that benefiting you?
Time savings with entering of intercompany entries.
Integrating in a hurry but you get into the groove one year being live
What do you like best about the product?
The cloud base aspect of it is lovely. You can hit the back button or open up multiple windows to work in two different screens. I like the simple delete and upload journal entries as well as the re-class button in accounts payable.
What do you dislike about the product?
I like the intuitive using Intacct, but the integration process was too quick. We didn't have time to validate if the information will feed through correctly and be able to use Intacct during test phase before going live. There should be a smooth transition process but we were rushed to complete with our integration manager within 1.5 months.
What problems is the product solving and how is that benefiting you?
Fixing old data from when we start Intacct. We expected to have clean and correct data what we needed from the transition from Quickbooks to Intacct. We are left with some old data from the first few months we wish we could prevent recording in the live environment. I cannot stress the integration process should be the most important part of the process.
Sage intacct is the perfect next step after Quickbooks
What do you like best about the product?
I like how versatile the software is. You can have less features for a more basic platform, but you can also add so many feature to make the accounting software specific to you specific company needs. The reporting options are great and the learning platform is truly helpful in knowing how best to use the software.
What do you dislike about the product?
I feel like the customer services in lacking. I have an account manager and I don't really know what his/her purpose is. I'm never sure who to contact in an emergency. I do use the submit a claim feature but sometimes it is nice to have . Specific person to contact regarding the account that can help with random questions.
What problems is the product solving and how is that benefiting you?
We have been able to have so much more control over our budgeting and forecasting. Being able to upoad our forecast the the software and then generate a report that compares actual to forecast has immensely helped with our planning.
Great Integration Platform
What do you like best about the product?
The best feature of Intacct in my opinion is the developer API. It has allowed us to integrate with our other internal systems. This eliminates or simplifies lots of time consuming tasks. We use Intacct's modules for some things and have built our own for others. I really like that we can choose and are not locked into using their modules for everything.
What do you dislike about the product?
The front end user interface can be a little cumbersome at times. However, the product has improved significantly since we purchased it.
What problems is the product solving and how is that benefiting you?
Intacct allows us to rapidly deliver high quality financial information for our many different legal entities easily. It has also allowed more of our employees self-serve access to financial info.
Best Cloud Based Accounting System
What do you like best about the product?
Sage Intacct is very easy to use. There is nothing you can do in the software that can't be undone. It has allowed us to do the accounting of multiple entities, all with different business models and operations. Anytime we start a new business we are able to create an entity and chart of accounts quickly and seamlessly. The customer service team is team is one of the best I have ever worked with, they are always quick to respond and help get to the bottom of any issue as quickly as possible. We have had very few issues, and any issue we do have does not prohibit us from completing our work, its usually just a minor inconvenience.
What do you dislike about the product?
Any issues I have had with the software is usually due to a third party plug-in. Intacct is always quick to help, even it if there is not an issue specifically related to their software. I do not have anything I dislike about Sage Intacct.
What problems is the product solving and how is that benefiting you?
Sage Intacct has given us the ability to have a lean accounting staff, work from anywhere, and know that there are so many different ways you can use the solution. They partner with so many different software solutions, that you can have everything plug directly in to Intacct and it helps minimize the amount of manual work necessary to complete everyday tasks.
Recommendations to others considering the product:
Sage Intacct does so much more than you can even imagine. There are ways to use the software innovatively, that is something that isn't necessarily marketed. If you are wondering if the software can do it, the best thing I recommend is to try it out or ask the question.
Mostly Positive - Way better than QuickBooks
What do you like best about the product?
There is ease going between companies and a simple way to understand what level you are recording entries in. There are several options for reporting that allow you to start with an out of the box and customize it to fit your needs. The best part is the importing of transactions. Those mortgages where all the information is the same but the principle and interest amounts change each month? No problem create a spreadsheet once and then just change the amounts each month. Your entry time is reduced significantly and your data is accurate all the time. We use this for utility bills, mortgages, amortization entries, and intercompany interest.
What do you dislike about the product?
In the platform reporting, it is difficult to discern how to get the information you want. I find I need to get a lot of information and then back off some of the fields because what I thought the titles meant and the information I got do not always mesh. it is frustrating to use when you are attempting to glean information in a specific format for a meeting or other reporting. There is a preview, but I would have liked to see some more guidance in the wizard, especially help in where the information will come from and which details I can get if I use that reporting format.
I also dislike that the payables ledger does not balance to the general ledger on an individual company level. If you have a multi-entity business and you have a bill for company A and that company has an intercompany relationship with Company B. You can pay the bill from company A on Company B's accounts or use the credit or whatever back and forth, however, when you balance at the end of the month, your overall (top level) AP ledger and GL ledger will balance but the individual companies will not show those outside payments for the month your balancing.
I also dislike that the payables ledger does not balance to the general ledger on an individual company level. If you have a multi-entity business and you have a bill for company A and that company has an intercompany relationship with Company B. You can pay the bill from company A on Company B's accounts or use the credit or whatever back and forth, however, when you balance at the end of the month, your overall (top level) AP ledger and GL ledger will balance but the individual companies will not show those outside payments for the month your balancing.
What problems is the product solving and how is that benefiting you?
We were using QuickBooks for an 18 company business. Just the time savings in one chart of accounts, one vendor list and not having to sign out and into companies is a huge benefit. We've also been able to give greater detail in our reporting. We created our own paperless ap intake system utilizing the API feature Intacct offers and work with 2CP to accept online payments from our customers which automatically post to the customer's account. The online payment process is so seamless our new leases require our customers to use it to process their rent payments.
Recommendations to others considering the product:
Overall it is a good product with many ways to customize and expand. I think most businesses would benefit from it. The only drawback is the balancing of the individual entity ledgers to the general ledger. They dropped the ball on that one.
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