Find out in this report how the two Financial Performance and Strategy Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
Month-end close and management reporting are now about 40 to 50% faster than before, largely because reporting is real-time and dimension-driven instead of being spreadsheet-heavy.
Previously, I required multiple employees to enter transactions, but now I accomplish this with fewer people.
Sage Intacct is user-friendly, meaning all the employees working on Sage Intacct are recording everything needed for our daily work.
When I reached them via email, they connected with me, and we went on a call where they helped me customize the report and manage reporting from the top level.
Customer support for Sage Intacct is excellent, and whenever I face any issue, I find them ready to help, which is really beneficial.
We needed assistance mainly for setup questions and clarifications on features or specific reporting challenges.
It provides scalability for growing data and a user-friendly environment that helps users work smoothly.
Sage Intacct handles growth and increased workload well, and it never crashes, which is a big plus.
They continue to add new releases every quarter with new features and enhancements, making the scalability pretty safe.
Its high availability, because it is cloud-hosted and managed by Sage on AWS, ensures reliable service with minimal interruptions.
It is not 100% stable.
Sage Intacct occasionally experiences lag while we are working online.
Deeper out-of-the-box integrations and clear setup guidance would reduce implementation time and reliance on third parties.
I think they should implement some thresholds or flags to identify when approval is not needed.
The ability to perform lien waivers and invoices in bulk, as well as improvements in inventory management, could enhance the system.
Licensing is modular, so we paid for the core financials and added specific modules we needed, which helped keep costs aligned to our actual use.
the pricing, setup cost, and licensing for Sage Intacct are well-suited for users, as they offer good value for a well-featured software.
My experience with Sage Intacct's pricing, setup cost, and licensing is that it is somewhat slow and expensive.
The import functionality helps because once I download the template from Sage Intacct, I can fill out the specific columns with the data that I need to import into the system, and it will do the work instead of adding those details manually.
Intercompany reconciliation stands out as a specific outcome I noticed; since both companies are under the same Sage Intacct account, we could perform intercompany reconciliation without manual intervention, highlighting an improvement.
The accuracy of accounting has improved by nearly 95%, and we save about three days of manual effort to prepare financial statements.
| Product | Mindshare (%) |
|---|---|
| Sage Intacct | 7.5% |
| Prophix | 6.7% |
| Other | 85.8% |
| Company Size | Count |
|---|---|
| Small Business | 3 |
| Midsize Enterprise | 3 |
| Large Enterprise | 4 |
| Company Size | Count |
|---|---|
| Small Business | 20 |
| Midsize Enterprise | 7 |
| Large Enterprise | 6 |
Prophix is a leading platform for automating financial processes such as budgeting and forecasting, offering substantial improvements for finance departments.
Prophix streamlines complex financial operations, allowing users to efficiently handle budgeting, planning, reporting, and analytics. By reducing manual work and enhancing data accuracy, it supports informed decision-making and strategic growth within organizations. The integration capabilities ensure seamless access to critical financial data, making it a versatile tool for finance professionals.
What are Prophix's most important features?In manufacturing, Prophix can be utilized to align financial goals with production targets, improving cost management. In healthcare, it supports the efficient allocation of resources by combining financial data with patient-care metrics, leading to improved services and cost control. In retail, it aligns financial strategies with market demands, helping businesses stay competitive.
Sage Intacct serves as a cloud-based platform providing users with efficient multi-entity management, seamless integration, and flexible reporting capabilities.
Sage Intacct offers a robust cloud-based ERP with features tailored for accounting needs. It enables efficient financial management with tools that simplify data import and entity model creation. Users appreciate its ability to provide centralized report access across entities while maintaining a flexible reporting structure. The system supports tracking grants and expenses without infrastructure concerns, yet some seek improvements in mobile integration and training.
What are Sage Intacct's key features?
What benefits and ROI should users seek?
Sage Intacct is implemented across diverse sectors, including healthcare and retail, where it supports ERP, salary scheduling, and franchise management. It helps nonprofits with accounts payable, receivable, reconciliation, and intercompany transactions. Users benefit from enhanced reporting abilities and KPI dashboards, especially when integrating dimensions and API tools.
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