RKL is the largest solution provider in the country dedicated to Sage ERP solutions. Given our experience with all of the ERP solutions within the Sage portfolio, we’re often asked by our clients how we position Sage Intacct in our portfolio and if they should consider a switch to Sage Intacct. The answer is, “a 100% definite maybe.” 😉 Truthfully, we love having these types of discussions with accounting professionals who are eager to ensure that they’re receiving maximum value from their financial management software solution. Sage Intacct isn’t right for everyone, but when the fit is good, it’s an absolute home run.
But don’t take our word for it: Sage Intacct is rated #1 in customer satisfaction on G2, exclusively endorsed by the AICPA, and rated a “Visionary” in Gartner’s magic quadrant.
In this blog, I’ll provide the most common reasons Sage 100, Sage 300, and Sage 500 clients are motivated to evaluate Sage Intacct as their next solution.
#1 Solution Accessibility
Sage Intacct is a native cloud solution and has been from its inception. Utilizing open source code technologies and server load sharing, it’s optimized for multi-tenancy and scale. Sage Intacct customers enjoy browser-based accessibility, anytime from anywhere. Gone are the days of client workstation application installs and upgrades.
If your IT team is struggling to maintain remote connectivity for a mobile workforce, you can appreciate the simplicity – and efficiency – of a browser-based solution like Sage Intacct. Both Sage 100 and Sage 500 are client-server applications which means increased IT services to install, support and upgrade each user workstation.
With Sage Intacct, executives can access critical information from any browser, on any device without remote desktop connections, Terminal Services or VPNs! (And did we mention that Sage Intacct updates happen 4x / year automatically over a weekend?)
#2 Sage Intacct Delivers Financial Strength
The Sage Intacct development team reimagined accounting software during its inception and aimed to improve financial capabilities instead of delivering the status quo. A perfect example of this concept is Sage Intacct account dimensions. Traditional midmarket accounting solutions utilize a fixed Chart of Accounts with segmentation that is often inflexible and rarely optimal for reporting and analysis. Sage Intacct instead has introduced Account Dimensions which capture transactional characteristics as they occur. Common dimensional properties include locations, departments, projects and product lines. Because dimensional characteristics are captured at the transactional level, detailed business insights are available in real-time across multiple dimensional properties and delivered in standard reports.
With dimensional accounting in Sage Intacct, say goodbye to your pages and pages of unnecessary GL Accounts that were created because of variable segmentation combinations.
Sage Intacct also provides elegant multi-entity management, with automated intercompany transactions, multi-currency and global consolidations. Many of these features are lacking in depth or usability in Sage 100, Sage 300, and Sage 500.
#3 – Industry-Specific Functionality
In addition to market-leading core financials, Sage Intacct provides specific capabilities for a number of vertical industries, including
- Not-for-profits: grant management, NFP financial statements, fund accounting
- Professional service organizations: project costing & billing, time and expense entry
- Software and SaaS providers: contracts, subscription billing, revenue recognition
This functionality is delivered without the need for add-ons or customizations that are common with both Sage 100, Sage 300, and Sage 500.
#4 - Connectivity
Sage Intacct is a best-in-class cloud financial management solution that delivers Web Services APIs for connectivity to a large community of other best-in-class solutions. CRM, budgeting and planning, expense management, AP automation, sales tax, month-end close automation and more! Connectivity affords customers the option of keeping existing mission-critical applications while protecting their investments in expensive extensions without interruption. And if you need custom integration, RKL has development resources to provide exactly what you need.
Are you ready to Migrate?
Over the last few years, we’ve had the opportunity to speak with many of our clients about the potential benefits of a cloud migration. Many have made the switch and are so glad they did. Some can’t believe they waited so long! In every case, we’re excited to help our clients understand their options and assist them in making great decisions for the future of their organization.
Contact us for an assessment of your business initiatives to determine if Sage Intacct will meet your functional and technical requirements. We've also prepared a positioning overviews about Sage 100c, Sage 300 and Sage 500 versus Intacct to help prospects and customers understand the differences.
