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Much to be desired out of the box
What do you like best about the product?
Cloud-based platform makes updates and access easy. Attractive to look at. Can be customizable in your preferences. Help on each page can direct you to troubleshooting tools quickly.
What do you dislike about the product?
I dislike that some of the best features are only available as expensive add-ons. For a nonprofit, our budget is really tight, so we have to opt for time consuming work arounds to do things that could be quick an easy if we purchased more modules.
What problems is the product solving and how is that benefiting you?
Allowing employees from other departments to run their own reports. Easier to prepare financial statements
Great Account Software
What do you like best about the product?
Ability to build out customized financial reports and pull information from "Top Level" to see multiple entities compared. Able to share budgets with employees responsible. Ability to close much quicker than any other software. It is very user friendly.
What do you dislike about the product?
Expensive when adding multiple users to the software, but worth it.
What problems is the product solving and how is that benefiting you?
We have cut down our month-end process by 2 days each month from automated systems. We are able to pull comparison reports that assist us with finding cost savings.
Recommendations to others considering the product:
Pick it! You won’t regret it. Your team will be more involved with the financials. You will be able to close quicker. Set up is easy.
Sage Intaact financial accounting
What do you like best about the product?
The financial suite is well organized and easy to use, adoption by new users has been fast. There are many tools to aid both productivity and the accuracy of information such as bank integration, prepaid amortization schedules as well as setting up recurring or memorized transactions. The implementation went very smoothly, with support from Sage we went live in around 10 weeks with a mvp following up with further enhancements two months later. Our final implementation cost was around 60% of the fees quoted by Sage.
What do you dislike about the product?
Not much. Like all systems it takes time to get to grips with the custom report tool so we are still finalizing our reporting in Excel.
What problems is the product solving and how is that benefiting you?
We are an early stage start up but we already have covenants and audit requirements. Sage gives us multi-company accounting and the ability to easily interface with our proprietary software and other tools like expense management.
Best Financial software
What do you like best about the product?
Easy to use, and very easy to understand.
What do you dislike about the product?
Interactive is slow and it takes time for it to load.
What problems is the product solving and how is that benefiting you?
Sage intact has helped my work enorsely and makes it easy for me.
Recommendations to others considering the product:
This is the best financial software for those in the finance and account division.
Great Source for Training & Information
What do you like best about the product?
Sage Intacct is very flexible and configurable. Sage Intacct also has a great selection of Partners to enhance the product.
What do you dislike about the product?
Unable to get Intacct to address the 500-line limit in the Order Entry>Process Transactions feature.
System One creates monthly invoices based on daily time (that is sometimes broken down in smaller increments). the 500 line limit can be reached in a single week. When having to combine 4 or 5 unbilled documents into a single invoice, the process becomes cumbersome.
Also, in the Sales Invoices screen, would be nice to have the delete checkbox beside detail lines (like a list view delete) rather than having to individually select the garbage can on the detail transaction line.
System One creates monthly invoices based on daily time (that is sometimes broken down in smaller increments). the 500 line limit can be reached in a single week. When having to combine 4 or 5 unbilled documents into a single invoice, the process becomes cumbersome.
Also, in the Sales Invoices screen, would be nice to have the delete checkbox beside detail lines (like a list view delete) rather than having to individually select the garbage can on the detail transaction line.
What problems is the product solving and how is that benefiting you?
Sage Intacct has solved the issue of having multiple invoice formats for a single customer.
Sage Intacct has also allowed us to financially report on multiple dimensions.
Sage Intacct has also allowed us to financially report on multiple dimensions.
Recommendations to others considering the product:
Be sure to come to Advantage. It's a great place to meet other users and get hands-on learning to utilize all of the great features.
Helpful to improve productivity
What do you like best about the product?
Very useful dashboard, with easy access to the financials. It's easy to write reports and it's so easy to use even if you are not expert. You can upload your templates and this is really useful. You can also customize the intacct interface.
What do you dislike about the product?
Budget module is not the best. The log a case makes the support process too slow.
What problems is the product solving and how is that benefiting you?
You can charge cards and this is a very useful tool
awesom intaact
What do you like best about the product?
I love that intacct isnt just a storage of accounting data transactions, but that there are many features that allow you to transform the data. In addition there is literally nothing that you can't do in the software which is nice.
What do you dislike about the product?
I dislike the cost of the product. And how add you're almost nickled and dimes for additional services that should be included. You can often find a work around for anything that missing but you will need to have outside coding knowledge or someone on your team who is able to write API
What problems is the product solving and how is that benefiting you?
Intacct has allowed us to step up our reporting and cut down on the time it takes to performance simple analysis. we've been able to cut down our closing time and streamline our AP process by using the software.
Contracts Module Saves Us time
What do you like best about the product?
I love the Contracts Module. The ease of use and ability to comply with ASC 606 within the module is a big time saver
What do you dislike about the product?
I dislike the custom report writer. I would think it would be more intuitive to create a custom report.
What problems is the product solving and how is that benefiting you?
Billing and managing complex revenue recognition situations. Intacct saves us time while performing the blocking and tackling accounting tasks and allows us to focus more on analysis.
Recommendations to others considering the product:
N/A
Multi Currency/Multi entity
What do you like best about the product?
Multi Currency - Intacct gives me the rates and books the gain/loss for exhanges - takes the headout out of this function
What do you dislike about the product?
You cannot do a transaction in the future due to unknown exchange rates
What problems is the product solving and how is that benefiting you?
Multi Currency/Multi Entity consolidation - both done quickly with no issues
Recommendations to others considering the product:
make sure you have an experienced per implementing so you can get the best practices set up on your system. Plan and test to make sure you know how the transactions will flow.
quick implementation, great consultants to help, up and running within 4 months
What do you like best about the product?
single sign on for multiple entities, consolidation features
What do you dislike about the product?
can't automate the eliminations. I need to reverse them monthly and recalculate them. They could easily be automated
What problems is the product solving and how is that benefiting you?
consolidated reporting, dashboards available to senior leaders
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