Sage Intacct Primary Use Case

Raj Lakhani - PeerSpot reviewer
CFO at CORE Business Technologies

We use the solution as an ERP system.

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MichaelFox - PeerSpot reviewer
Sage Intacct Implementation Specialist at Maner Solutions

As a user, it was used as our primary accounting and financial reporting system. It provides superior sub-ledger tools equipped with excellent approval workflows. I was able to move data into Intacct using CSV imports and API integrations that cut staff time in half.

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KI
Consultant

We used the solution for a nonprofit, which was a pretty robust implementation there. Nonprofits are unique compared to for-profit companies. They have their own accounting needs, so the stage is unique because it uses dimensions. To categorize different expenses in multiple different ways.

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Buyer's Guide
Sage Intacct
March 2024
Learn what your peers think about Sage Intacct. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
767,847 professionals have used our research since 2012.
Tsepo Sekete - PeerSpot reviewer
Sage intacct implementation specialist at Times 3 Technologies

It is an accounting software used for accounting purposes but has many more features. We can use the solution for reporting. There are standard and custom reports. The tool also provides interactive reports. The dashboard shows our key performance indicators.

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PC
Finance Officer at SILK Laser Clinics

We use it for a wide array of accounting functions, encompassing accounts payable and receivable, general accounting tasks, fixed asset management, banking interactions, and reconciliation, as well as the generation of standard and customized financial reports. Our company handles the recording of transactions, particularly focusing on purchase-related transactions like RCTIs, and we perform recurring journal entries for month-end closings. Due to our intercompany system, we don't engage in traditional AR and AP; instead, we initiate ARAP and make use of the built-back approach. We have configured the built-in feature, which seamlessly facilitates our intercompany financial transactions within the Sage Intacct platform.

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PM
Senior Consultant at a tech services company with 11-50 employees

I work as an implementation consultant, where my role involves configuring and supporting users in adopting an ERP system. In this capacity, I assist businesses in setting up, customizing, and training their staff to use the system effectively. Within this ERP system, businesses conduct daily financial transactions, including those with customers and vendors. These transactions are recorded in the system, and it facilitates the generation of reports for various time periods, such as monthly, annually, or over several years, providing insights into their financial performance which is what I use Sage Intacct for.

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GH
Director at a consultancy with 1-10 employees

We have services groups, smaller healthcare clinics, data providers, warehousing and distribution, home goods internet retailers, and other clients that are using Intacct

The implementation team is critical - as always - so we make sure we maintain a close relationship with top Intacct channel partners. 

One of the tougher assignments was a franchise restaurant with 40 locations throughout the US/Canada/Caribbean. POS (point of sale) and credit card processing went through a system maintained by the franchisor and reporting back to the individual stores took a couple of days to reconcile, as it was combining 40 different store-level reports (which was a pain). 

Intacct's cloud-based connectivity worked best to replicate the data flows so both the corporate franchisor got their data and the franchisee had overnight reporting broken down by hourly totals. It was an integration we would not have wanted to tackle on a more proprietary system. 

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it_user1313823 - PeerSpot reviewer
Management Consultant at a consultancy with 501-1,000 employees

We use it as backups for accounting software, for salary schedules, and to determine EMP that we pay over to individuals. From the accounting side, it helps to determine VAT calculations and income tax. That was the main competencies that were required from that side.

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Buyer's Guide
Sage Intacct
March 2024
Learn what your peers think about Sage Intacct. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
767,847 professionals have used our research since 2012.