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Software Guide: Sage Intacct

Read time:
5
mins

Written by
Sholto Macpherson
Published on
October 17, 2022
software overview sage intacct with logo

Sage Intacct was one of the first cloud accounting applications, launching in 1999. Whereas competing products aimed to replicate the full ERP suite, Intacct chose to specialise in accounting and financial reporting. It has deeper revenue recognition features out of the box for activities such as grant acquittals which typically need to be custom built in other ERPs.

Sage Intacct typically partners with other enterprise applications such as Salesforce to match the breadth of functionality required by larger businesses. 

Sage acquired Intacct in 2017 and is promoting the platform heavily in Europe, the Asia Pacific and North America.

Highlights

  • Strong multi-dimensional reporting interface, particularly for Non-Profits
  • Dashboards are easy to set up for daily use
  • Easy to use navigation 
  • Reporting for SaaS businesses
  • Robust audit trail
  • Financial automations and workflows for multiple stakeholders

Limitations

  • Lacks integrations with some apps such as Sisense and Certify
  • Bank feeds don’t pull through as much data as feeds in small business accounting software
  • Slower load times when processing large data volumes
  • Can’t automate some features without external tools
  • Some questions about multi-currency ability such as allocating funds to bills in different currencies
  • Long support response and resolution times for some issues

List of Modules

Finance & Accounting 

General ledger

Accounts payable

Purchasing

Order management

Accounts receivable

Cash management

Reporting and dashboards

Digital board book

Collaborate

Other modules

  • Fixed assets
  • Inventory management
  • Multi-entity and global consolidations
  • Project accounting
  • Revenue recognition
  • Spend management
  • Time and expense management

Acquisitions

Intacct built a large customer base through organic growth, without acquisitions. Sage acquired Intacct in 2017.

Recent News

No items found.
Name
Sage Intacct
Parent company
Sage
ERP tier
From 1 to 5, based on price and features
2
Launched
1999
Delivery
Multi-tenant or Private cloud.
SaaS
HQ
San Jose, California, USA
No. of customers
14,000
Multi-entity
Is the platform built for a single entity or multiple?
Yes
Company URL
Strongest industries
Biotech and Life Sciences, Nonprofits, Construction and Real Estate, Professional Services, Financial Services, Retail, Franchise, Subscription and SaaS, Healthcare, Wholesale Distribution, Hospitality
Five large customers
Five small customers
No. of case studies
No. of Partners
No. of integrations
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