10 Questions On…Sage Intacct

---

It’s time to answer 10 of the most commonly asked Sage Intacct questions.

We’ve always touted ourselves as the “Good Sage Guys to Deal With”. A big part of this ethos is our passion for helping everyone understand all things, Sage. From the solution itself to the various topics surrounding it, we’re happy to help. 

The “10 Questions On…” series is designed to answer all of your questions in an easy, accessible manner.  

The premise is simple: we take 10 of the most commonly asked questions about the solutions we provide and various topics surrounding them and give you the answers in a simple and approachable way.  

In this instalment of the series, we’ll be looking at Sage Intacct.

1. What is Sage Intacct?

Sage Intacct is Sage’s best-in-class financial solution, designed to be used in the cloud and easily integrated with common business solutions.

2. How is Sage Intacct different from Sage 200?

As mentioned above, Sage Intacct was designed to be used in the cloud, and all its features work with this. Sage Intacct also offers more options for integration out of the box, and multiple currencies.

3. What modules are included with Sage Intacct?

Sage Intacct comes with the following Core Financials modules out of the box:

• Accounts Payable – slice and dice your data in reports, to get any view you need.
• Accounts Receivable – allows you to track and view payments, approvals, and reports at any time.
• Cash Management – automate your bank reconciliation and get a complete view of your cash footprint.
• General Ledger – with multiple currency and multiple entity consolidation as standard.
• Order Management – automating more steps in the order management cycle across sales channels, reduce your costs while keeping customer satisfied
• Purchasing – access customisable, role-based purchasing dashboards so you can see what you need to.

4. What are the benefits of using Sage Intacct?

• Boost productivity – Sage Intacct saves 40+ hours per month on financial reporting and cuts time spent checking data accuracy by 75%.
• It offers value for money – customers find that the software pays for itself in less than 6 months.
• It’s scalable – the software can grow as your business does, with integrations and customisations guaranteed not to break with updates.

5. How much does Sage Intacct cost?

As is the case with Sage 200, Sage Intacct is priced on a subscription basis. Like all business software, the price of the total solution depends the make up of the licences and the scope of the project. As an example, a business looking for the core Sage Intacct software with multi-currency modules and extra users would cost around £1250.

If you would to get a bespoke, no-obligation quote for Sage Intacct, click here.

6. What industries use Sage Intacct?

Because of its versatility, Sage Intacct is used by a wide variety of industries, from financial services and healthcare to non-profits and hospitality.

7. How long does it take to implement Sage Intacct?

As with the cost question above, this answer will be very subjective. Though there are ‘quick start’ packages available for smaller projects, larger projects will be driven by a formal scoping exercise. This could include many elements such as system configuration, data migration, training, document design, etc. At PKF Smith Cooper Systems, we’ll endeavour to will discuss your requirements and provide an initial estimate as early as possible.

8. Does Sage Intacct do payroll?

There’s currently no dedicated Payroll module within Sage Intacct. However, you can easily import journals or create a journal template, which you can then add the numbers into before you post each month.

9. What does “born in the cloud” mean?

If a software’s described as “born in the cloud”, that means it was designed specifically for use in the cloud, rather being changed to work within it. Sage Intacct is an example of “born in the cloud” software. Because of this, each upgrade you need will be applied automatically at no extra cost to you.

10. Does Sage Intacct have an API?

Yes – It has an open API, meaning you can easily integrate it with other systems your business already has. It also has Salesforce integration out of the box, meaning your finance and sales functions can work closer together.

---

That’s it for this post – stay tuned for the next in the series.

To enquire about how Sage Intacct can bring flow back to your business, call 01332 959008 or contact us using the enquiry form.