What are the Differences between Sage Intacct and Sage Accounting (Sage One)?
Sage Intacct vs Sage Accounting (Sage One)
Sage Accounting and Sage Intacct are two Cloud based accounting solutions that Sage market in the UK. Sage Intacct is targeted to SMB’s and medium sized businesses, whilst Sage Accounting is used by small companies, start up’s and the self-employed.
Both Sage Accounting and Intacct are true Cloud based accounting solutions and were both designed from scratch to work only in the Cloud. Sage Accounting offers basic Cloud accounting features whilst Intacct is an advanced solution for larger businesses who want to manage more complex accounting processes.
Even though the majority of Sage Accounting users are small, there are businesses who are growing rapidly who need to move to a more advanced solution like Intacct.
What is Sage Accounting and what is Sage Intacct?
Sage Intacct was developed in the USA as a Cloud-based Financial Management solution and is now available in the UK, Canada, South Africa and Australia. The software was initially developed by Intacct Corporation in 1999 and it was acquired by Sage in 2017 for $850 million.
Sage Accounting is part of the Sage Business Cloud suite of products, which was previously known as Sage One. Originally launched in the UK and Ireland in 2011 Sage Business Cloud is a set of small business management tools that offers accounting, payroll, payments and time-tracking tools.
What Is Sage Intacct Used For?
Contact us on 0330 043 0140 or email us at info@alphalogics.co.uk to discuss Sage Intacct or to organise a personalised competitive quote or book a demo.
Sage Intacct vs Sage Accounting Feature Comparison
The features available in Sage Accounting and Intacct vary considerably, with Sage Accounting offering basic accounts features whilst Intacct offers advanced accounting features and functionality with the option to further enhance the system by adding additional modules.
Features in Sage Accounting Plus
- Create and send invoices
- Track what you’re owed
- Automatic bank reconciliation
- Calculate and submit VAT
- Supports unlimited users
- Manage and submit CIS
- Run reports
- Send quotes and estimates
- Forecast cash flow
- Manage purchase invoices
- Snap receipts with AutoEntry,
- Invoice in multiple currencies
- Manage inventory
Further features and functionality can be added to Sage Accounting by adding specific apps to the system, these can be found in the Sage Marketplace.
Sage Accounting
Features and Modules in Sage Intacct
The Sage Intacct Cloud solution is one of the most versatile and feature rich Cloud finance management solutions available, primarily targeted towards SMB’s, medium sized business and larger organisations.
Medium sized businesses tend to have more complex accounting requirements and Intacct tackles these requirements with its modular approach.
Sage Intacct has won many awards and has been the best core financials software for 5 years running.
Sage Intacct Product Overview - Key Features
Sage Intacct Feature’s
When you implement Sage Intacct you start off with Sage Intacct Core Financials, this is the main module where all other modules feed information into. Core financials has all the main ledgers, these include:
- General Ledger
- Accounts Payable
- Accounts Receivable
- Cash Management
- Order Management
- Purchasing
Additional features and functionality can be added by adding modules, the most popular additional modules include:
- Billing software
- Fixed Assets
- Project accounting
- Multi-entry and global consolidations
- Vendor payment services
- Inventory Management
- Time and Expenses
- Reports and Dashboards
- Salesforce CRM Integration
- Revenue recognition
- Spend Management
- Plus lots more modules…
Further information on additional modules and Sage Intacct features.
Sage Intacct Demo and Product Tour
Sage Intacct Customer Case Study
L W Cole specialises in supplying and installing appliances to the UK house building community across England and Wales.
The company has recently grown so rapidly, it was clear its financial management processes needed an overhaul to keep up. It chose Sage Intacct for its finance and business management system.
The business needed a cloud-based system that could communicate with its existing infrastructure and fit within budget.
Before Sage Intacct, the financial outlook had to wait until the end of the month. Now, financial insights and projections can be generated at any given moment.
““I genuinely think Sage Intacct is the best finance software I’ve ever used. The depth and power of the reporting make it a stand out system”
Mike Newton – Finance Director – L W Cole (Distributors) Limited
Sage Intacct Customer Success Case Study
Which Product is Right for my Business, Sage Intacct or Sage Accounting?
Is Sage Accounting Right for My Business?
If you are a very small business, start up or self employed then Sage Accounting is a good fit for your business, it has basic accounting features at affordable prices.
Sage Accounting has hundreds of thousands of users in the UK across all industry types.
Typical Businesses that use Sage Accounting include:
- Small companies
- Start-ups
- Self employed
- General businesses
- Small Retailers and food shops
- Small Online retailers
- Construction
- Manufacturing
- Not for Profits
- Wholesalers
- Accounting and Bookkeepers
- Professional services
- In fact, most business industry types use Sage Accounting
Sage Accounting
Is Sage Intacct Right for My Business?
Sage Intacct is a popular accounting solution for companies looking for an advanced Cloud based finance system. The software is targeted towards SMB’s and medium sized businesses who want to run their finances in the Cloud.
The Sage Intacct system is a modular design which means that you can add extra features and functionality as and when you require it by adding the modules you require.
Intacct is an advanced Cloud accounting solution with a high level of functionality which enables you to manage complex accounting processes.
The software is used in virtually every industry type and by businesses of every size, popular users include the following industry sectors:
- General business
- Financial services
- Healthcare
- Technology
- Not for Profit
- Software as a service (SaaS)
- Hospitality
- Professional Services
- Wholesale distribution
- Accounting
- In fact, most business industry types use Sage Intacct
What Is Sage Intacct?
What are the Key Strengths of Sage Accounting and Sage Intacct?
Sage Intacct Key Strength’s
Sage Intacct has many key strength’s and has won many awards and was voted best in its class by Gartner. One of its main key strengths is its ability to handle Multi Legislation and Multi Currencies, the system also has advanced reporting and dashboard capabilities.
The software has a wide range of additional modules, such as its ability to integrate with Salesforce.
Other Key Strength’s Include:
- Sage Intacct Financials is the best in its class
- Scalable and highly configurable financial management software
- Modern Cloud based flexible architecture
- Achieved the highest product score in the marketplace
- Designed By financial experts for accounting professionals
- Built exclusively for use in the Cloud
- The software achieved the highest customer score in the marketplace
- The accounting solution is extremely flexible
- Outstanding and powerful financial reporting
Sage Intacct Cloud Financial Management
Sage Accounting Key Strength’s
The main key strength of Sage Accounting is that it offers easy to use basic accounting functionality for small companies at an affordable price.
Sage Accounting also links in with other Sage products, such as Payroll, there are also a wide range of additional apps that can be purchased that further enhances the software.
Contact us on 0330 043 0140 or email us at info@alphalogics.co.uk to discuss Sage Intacct or to organise a personalised competitive quote or book a demo.
Contact AlphaLogix to Discuss Your Sage Requirements
Our Sage experts will help you discover which Sage software is best suited for your business based on your requirements, business size and industry type.
We will provide you with a free initial consultation call, and we can also provide you with a demonstration.
Call us today on 0330 043 0140 to organise a demo or to speak with one of our experts, alternatively email us at info@alphalogics.co.uk.
We will help you through every step of the selection process, implementation process, including training and support.
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