Sage Intacct

Sage Intacct is a cloud financial management system for finance-led organisations. Its focus is accounting rather than manufacturing, so it has no production planning, bill-of-materials or MRP modules. Instead it offers depth in the general ledger, consolidation and revenue handling, and it runs only as a multi-tenant cloud service.

What Sage Intacct offers

• Dimensional general ledger — transactions are tagged by entity, location, department, project, customer and other dimensions, which keeps the chart of accounts short and lets reports combine dimensions later.
• Multi-entity consolidation — separate legal entities, currencies and books in one system, with inter-entity entries and automatic eliminations.
• Revenue recognition — schedules for subscription and contract revenue.
• Core finance modules — payables, receivables, cash management, purchasing, order entry and fixed assets.
• Project accounting — time and expense tracking plus spend management.
• Reporting and integration — dashboards, an open API and common links to Salesforce and to payroll and HR systems.

Who it works with

It is typically chosen by finance teams whose complexity lies in their finances, notably in professional services, software and SaaS, healthcare and the nonprofit sector. Buyers often compare it with NetSuite and Microsoft Dynamics 365 Business Central.

Key facts

• Deployment: multi-tenant cloud only
• Endorsement: named by the AICPA as its preferred provider of financial applications
• Sales channels: direct and through accounting firms