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Can't go wrong
What do you like best about the product?
The flexibility in using Inacct is amazing. I'm not spending hours trying to make corrections. If I want to see a report in a specific manner, it's generally a quick "duplicate and save as". Having worked in MS Dynamics, SAP, Oracle, MRI....this is by far the easiest, most flexible software out there.
What do you dislike about the product?
The initial set up of reports can be cumbersome. But what's they're created, it's amazing.
What problems is the product solving and how is that benefiting you?
Sage Intacct has saved us TIME. I am forever grateful for the time I've saved allowing for time to spend on forward looking accounting issues.
Sage!
What do you like best about the product?
I love the versatility within the modules
What do you dislike about the product?
I do not like that the modules do not communicate well with each other.
What problems is the product solving and how is that benefiting you?
We have solved a lot of the issues with Purchase Requisitions not being done properly better streamlining our processes
Best decision we have ever made in changing from our old finance system into Intacct.
What do you like best about the product?
How robust and easy it is to run report. They way that you can add or delete information before you run the report. There is no need to export reports to excel to manually modify them and add information and calculations you need or delete information that you simply do not need. This saves you a lot of time. Whenever I'm asked for a report, my supervisors do not need to wait long to get the information that they have requested. The satisfaction of knowing that our board members feel secure and happy with the reports presented to them, that they are able to understand them and that we do not have the need to be manually modifying them that is priceless. Being able to process deposits in the system in a short period of time, without having to fight with the system because you do not know if its frozen or thinking in processing your request. Happy to be able to see system updates run smooth without the fear of it crashing down and not be able to use the system for weeks. Yes Intacct has been amazing!!!!!
What do you dislike about the product?
the bank cloud option doesn't give you many bank options to choose from. They should definitely add local banks too. That we do not have the availability to make inter company transactions on the AR side. If we make transfers between our bank accounts, we would have to on Intact do an AR transaction using bank gl and a miscellaneous gl. then we have to creat a JE one to cancel the entry to the miscellaneous gl and the other one to the other bank used. This is just too many steps.
What problems is the product solving and how is that benefiting you?
so far we have no problems with the system other than the AR between two banks should be available and more banking options for the automatic bank reconciliation.
Recommendations to others considering the product:
If you are using Sage 50 and are having some of the issues i have mentioned before, then most definitely Intacct is a great option to upgrade to. This system is cloud based and it has so much potential. You will be so happy if you change.
Sage - Innovation at its Best!
What do you like best about the product?
Sage is incredible innovative with its ability to be a great fit regardless of the size of your company. It allows you to upload journal entries that are extensive as well as being intuitive to normal everyday accounting. Its capabilities allow you to set up rules within the software to make the accountant's job more efficient. Sage is very user friendly for those in the accounting world as well as those at a corporate management level.
What do you dislike about the product?
It was hard to follow and stay current on the updates. However, Sage does allow you to continue with the previous user interface if you choose.
One downside to Sage is not being able to have multiple user logins with our current subscription.
One downside to Sage is not being able to have multiple user logins with our current subscription.
What problems is the product solving and how is that benefiting you?
The financial reporting within Sage is incredibly robust. This has helped us to relay valuable information to those who need it with the specifics that they need.
Recommendations to others considering the product:
Utilize Sage's great customer service.
Auditor's Dream
What do you like best about the product?
Paperless and multiple reporting options.
What do you dislike about the product?
I am yet to discover any after 3 years.
What problems is the product solving and how is that benefiting you?
The in-built internal controls makes it an auditor's dream. Being easily able to create reports and the ability to research back up documentation all within the system is amazing and saves so much time.
Recommendations to others considering the product:
If you are a potential customer make sure you thoroughly understand all the modules offered and take advantage of as many as you can. It can be a one stop solution to include budgeting depending on the detail you need. It's an investment that pays off.
Second time around
What do you like best about the product?
Literally being able to access data from anywhere. I approved checks while in Ireland, once.
What do you dislike about the product?
The report writing is a little complicated sometimes.
What problems is the product solving and how is that benefiting you?
Approvals, electronic check signing, fast easy imports from other softwares.
Electronic approvals solved
What do you like best about the product?
We have complex approval workflows with multiple levels. As the fiscal agent for multiple funding sources, agencies, and clients we were able to track and convert to a fully paperless, electronic workflow. This has cut processing time by at least 65%. Tracking data by non-natural accounts and multiple dimensions has been a game changer for us. We are continuously finding new ways to improve and gain efficiencies with the robust features. As the CFO, I want answers fast and I'm able to get them using my dash boards.
What do you dislike about the product?
I don't have any real downsides. The more staff are trained and utilize the features, the more you get.
What problems is the product solving and how is that benefiting you?
Efficient workflows and increased access to information.
Recommendations to others considering the product:
Invest resources into a quality implementation
Satisficed with our new software
What do you like best about the product?
My favorite part is how detailed you can record your transactions. You can assign a certain department, class, location, job, you can even create any kind of custom fields for any of these dimensions. That will help you to create a variety of reports. I feel like this feature just makes your books very clean and organized.
The other benefit I would like to point out is uploaded. You can easily upload a large number of Bills, Invoices, Journal Entries using templates. It's been a lifesaver. No more double work,.
The other benefit I would like to point out is uploaded. You can easily upload a large number of Bills, Invoices, Journal Entries using templates. It's been a lifesaver. No more double work,.
What do you dislike about the product?
Building custom or financial reports is such a complicated matter. You need to do a lot of work on the background even before you start creating your report and it all needs to be deeply planned and organized. You need to spend time on creating account groups, dimension groups, groups of groups just to be able to use certain accounts and dimensions in your reports.
What problems is the product solving and how is that benefiting you?
The system helped us to reduse a lot of manual work. As well as clear out some storage space because now we can keep a lot of our paperwork electronically right in the system
Recommendations to others considering the product:
Go for it. It's better than anything there is on the market
First time being on Intacct, very happy with the product
What do you like best about the product?
Drill down functionality, through AP postings to the actual invoice.
What do you dislike about the product?
I don't like how some of the reports work, I don't like how it produces another tab with the report on it. I also find some of the navigation difficult - looking for a back button when I need to close out of the newly generated report tab and go back to a different tab to rerun a new report with different parameters.
What problems is the product solving and how is that benefiting you?
The credit card processing with 2CP - the followup collections and automation around that has been a big help to our collections process. We aren't even using the full functionality but hope to down the road.
Recommendations to others considering the product:
Make sure you know your company's full requirements for what you are trying to accomplish near and long term when making a switch in accounting systems. Everything doesn't need to go live at once so focus in the areas where you can get the biggest impact in the shortest amount of time and Intacct allowed us to do that. Need to ensure the system can grow with you and meet your needs as the business grows as well as when standards change - like ASC 606.... Finding a good implementation partner is key in assessing what is possible and getting the most functionality out of your new system.
Multiple Entity Heaven....
What do you like best about the product?
Sage Intacct allows us to have a single general ledger for multiple entities, new entity setup is a snap. Intercompany transactions can be done without worry about doing the back-end transactions. Balancing takes minutes where it once took two days. Automated approval process makes Accounts Payable much more efficient and less time intensive. Reclass feature saves on journal entries. The attachments allow us to be mostly paperless - no more pulling invoices/reconciliations, etc. Memorized transactions save time and create checklists for month end entries. The ability to upload invoices and journal entries makes large entries/invoices a snap!
What do you dislike about the product?
The financial reporting leaves much to be desired. Rollup and consolidations are difficult to set up and the sheer number of account groups, books, etc is very time intensive. Changes must be done very carefully or other reports end up corrupted.
What problems is the product solving and how is that benefiting you?
The online a/p approval process has saved us lost invoices, time waiting on approvals, and streamlined the payment process. Intercompany transaction functionality has saved days of balancing at month end. Attachments make hunting for documents and pulling files a thing of the past! Reclass ability allows us to modify a paid invoice and code properly, increasing accuracy by providing historically accurate data. The memorized transaction and upload features for journal entries and invoices make large data entries simple and done in a matter of minutes! Templates are simple to use, easy to set up and upload. Customizable invoices allow us to modify invoices to reflect entity names. The system overall has allowed us to streamline, increase accuracy and saved countless hours of extra work! We LOVE this software.
Recommendations to others considering the product:
if you are a multi-entity business with expansions planned, this software is for you! The automation and time saving features have been a game changer for our company.
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