What can Sage Intacct do?
Sage Intacct is a best-in-class Cloud accounting software from Sage for small to medium sized businesses in the UK. Sage Intacct manages your accounting processes and financials, as well as accounts, customers, cash management, order management, stock, bank reconciliation, general ledger, accounts receivable and purchasing.
Sage Intacct also enables you to manage financial reporting, contract and subscription billing, project accounting, fixed assets, time and expenses, revenue recognition, multi-entity and global consolidations, spend management and provides accounting compliance.
Key Software Features
- Best-in-class Cloud financials and accounting functionality
- Access accounting data securely from one source of data in the Cloud
- Highly customisable, flexible and scalable
- Advanced dashboards and reports, choose from over 200 prebuilt visuals
- Powerful additional software modules available, from Inventory Management, Multi-entity consolidation to Manufacturing
- Tailor Sage Intacct for your industry
- Handles large amounts of financial transactions using a Cloud Oracle SQL database
- Making Tax Digital (MTD) compliant for HMRC
Guides
What is Sage Intacct?
Sage Intacct was developed and launched in the USA in 1999 as one of the first Cloud-based Financial and accounting solutions and is now available in the UK. The software was initially developed by Intacct Corporation which was acquired by the Sage Group in 2017.
Sage Intacct manages all your financial transactions and accounts in the Cloud whilst automating the complete array of accounting processes for your business, so you can work more efficiently, improve productivity, provide compliance, improve collaboration and focus on growing your business.
What is Sage Intacct Used for?
Managing your business accounts and financials can be a complicated and time-consuming task, Sage Intacct automates your critical accounting processes and procedures across your whole business so you can manage and store all financial transactions in the Cloud and ensure accurate accounting compliance.
- Stores financial data securely in the cloud.
- Manages your finances and accounts.
- Manages your customers and suppliers.
- Manages stock, projects, assets, expenses and bank reconciliation.
- Consolidates multi-entities, multi-companies, global-entities and multi-currencies.
- Easy online access to all financial and accounting transactions.
- Submit VAT online as its Making Tax Digital (MTD) compliant.
- Access accounting data anywhere 24/7 via the web.
- Real time interactive dashboards and reports.
- Single source of accounts data and the true position of your finances.
- Collaborate with users and your accountant.
- Avoids investing in expensive servers and backup hardware.
Contact us on 0330 043 0140 or email us at info@alphalogics.co.uk to discuss Sage Intacct or to organise a consultation call, demonstration, meeting or personalised quote.
What is Sage Intacct Used For?
Why Should You Use Sage Intacct Cloud Accounting Software?
- Businesses who want to move their accounts into the Cloud that will enable them to work smarter, faster and be better connected.
- You can see your current financial position in real time.
- Businesses who want a flexible multi-dimensional general ledger.
- Global multi-entity and multi-currency enterprises who want real time online access to their accounting data.
- Business users who have outgrown their current software, such as Sage 50 accounts and Sage Accounting.
- Businesses who want cloud software for enhanced security and automated backups.
- Manage your business on the move through the cloud, connected to Microsoft 365.
- Software updates and upgrades are applied automatically.
- Access your accounts data anytime from any compatible electronic device with access to the internet, such as laptops, tablets and mobile devices.
- Accommodates Businesses with a large number of users.
- Helps businesses with a very large number of financial transactions.
- Cloud accounting software is cost efficient with affordable monthly subscription fees.
Chief Financial Officer (CFO) Business Dashboard
Which version of Sage Intacct is best for your business?
There are two current versions of the Sage Intacct software, Starter Edition and the full version.
- Sage Intacct Starter Editionis the entry level version and is limited by the number of users and also additional modules you can purchase, it is targeted towards smaller businesses who have less budget.
- Sage Intacct is the main version which enables you to purchase more users and all the additional modules, such as inventory management and contracts and subscription billing.
Sage Intacct is accessed via the Cloud through the following login link:
Key Features and Product Capabilities for Sage Intacct
Sage Intacct comes with Core Financials as standard, which is the central accounting software module where all other Sage Intacct modules feed financial accounting information into.
Sage Intacct Core Financials includes:
- Sage Intacct General Ledger
- Sage Intacct Accounts Payable
- Sage Intacct Accounts Receivable
- Sage Intacct Cash Management
- Sage Intacct Order Management
- Sage Intacct Purchasing
Additional software modules are purchased separately:
Platform:
- Platform services
- Web-services API
- Salesforce integration
Advanced Functionality:
Sage Intacct Product Overview - Key Features
Frequently Asked Questions
Sage Accounting and Sage 50 accounts are targeted for small businesses, whilst Sage Intacct has virtually unlimited number of Cloud users and because it uses a powerful database it can handle virtually unlimited number of financial transactions, all stored securely in the Cloud.
Sage Intacct is an advanced Cloud based Enterprise Resource Planning (ERP) system that automates financial processes across your whole business. The system brings together all aspects of managing your accounts and finances across different business departments. Sage Intacct is advanced ERP solution but without the large expense of traditional ERP solutions.
A typical installation of the Sage Intacct starter edition takes between 50 and 80 hours to complete, depending on your accounting requirements and which software modules you require.
The cost of Sage Intacct is dependent on the number of users you require and the additional modules you need for your organisation, costs will also vary dependent on the user access level, a typical starter edition implementation requires an investment from approximately £11K.
Pricing for Sage Intacct is based on a software-as-a-service (SaaS) pricing model and fees are paid monthly or annually, with a set minimum contract term, this gives you access to your Sage Intacct accounts data which Sage maintains and hosts on a secure third-party data server.
Sage Intacct is a true Cloud only accounting solution and is designed specifically for use online, the software is hosted from one of Sage’s secure datacentres.
The Sage Intacct solution is built on the highly reliable Oracle database infrastructure which provides exceptional performance and world class security, the Oracle database enables you to store virtually unlimited number of transactions.
Sage Intacct blog posts
View more Sage Intacct Blogs.
Sage Intacct - Demo and Product Tour
Summary of the Benefits Sage Intacct
- Sage Intacct is powerful yet easy to use – The system is very tailorable, flexible and intuitive to use.
- Access accounting data 24/7 securely from the Cloud – Because Sage Intacct runs in the Cloud you can access your accounts data anytime 24/7 from any device with internet access.
- Add advanced software modules for additional functionality – Sage Intacct offers a wide range of specific software modules to add extra features for your business or industry vertical.
- Secure – Sage Intacct is hosted at Sage’s world class secure datacentres. Backups and updates are automated, so you are up to date and compliant with the latest legislation.
- Automatic software updates & backups – Because Sage Intacct is only used in the Cloud, Sage automatically updates the software with the latest releases for you, so you do not need to worry about upgrades or backups.
- Sage Intacct’s database is fast and can handle virtually unlimited number of financial transactions – The system uses the Oracle SQL database in the Cloud.
- Better control of financial processes & reporting in real time – Sage Intacct enables you to see information in real time, so you get up to date information on your financial position, KPI’s, reports, processes and performance.
- Reduce paper use & become Eco friendly – Running Sage Intacct in the Cloud will significantly reduce paper use throughout your business as there is no need for producing paper financial reports, bills or invoices.
- Improved collaboration for Sage Intacct users – Because all financial data and accounting transactions are stored in one database in the Cloud across the whole business enables you to improve collaboration with other Sage Intacct users.
Strengths and Weaknesses of Sage Intacct
Strengths and Advantages of Sage Intacct
- Best in its class for Core Financials accounting features
- Designed to be true Cloud accounting software
- Highly tailorable, flexible & scalable
- Handles a large volume of financial transactions in the Cloud
- Choose from a wide range of advanced additional software modules from project accounting to manufacturing
- Impressive Return on Investment (ROI)
- Affordable and Pay monthly – no need to invest in expensive servers or backup hardware
- The Sage Intacct starter edition offers very quick implementation times
- Trusted and used by over 17,000 businesses
- Sage Intacct grows with your business
Weaknesses and Disadvantages of Sage Intacct
- More expensive than Sage 50
- Not ideal for very small business owners or sole traders
- Can only be deployed via the Cloud (but to many businesses this is a big advantage)
Contact AlphaLogix
AlphaLogix was founded in 1995 and today we are a leading tier 1 strategic Sage Intacct Business partner in the UK. Our Sage consultants have successfully implemented hundreds of Sage sites across the UK and we understand the need for a well-planned and smooth implementation process.
All of our Sage Intacct consultants are certified by Sage and we pride ourselves in providing outstanding customer service and help desk support, with quick resolutions for your technical queries. You can always call upon us for expert help and guidance for Sage Intacct.
We have Sage Intacct consultants and offices throughout the whole of the UK.
Contact us on 0330 043 0140 or email us at info@alphalogics.co.uk to discuss Sage Intacct or to organise a consultation call, demonstration, meeting or personalised quote.
Our Professional Services Include:
- Project Scoping & Documentation
- Implementation & Installation
- Configuration
- Customisation
- Sage Consultancy
- Data Migration
- Upgrading your existing accounts software to Sage Intacct
- Development
- Sage Intacct support
- Install 3rd party applications from Sage marketplace
- Access to help desk technical support
- Integration with other Business systems
- Sage Intacct Training
Related Information
