Sage Intacct Pros and Cons
Smooth third-party integration
Reportedly a bit expensive
Efficiently handles multi-entity transactions
Manual check creation and credit card payments are complicated
Responsive technical support
Who Sage Intacct Is Best For
- Nonprofit organizations that require a multidimensional database: Nonprofits, such as faith-based, educational, and human services organizations, may use its multidimensional database to consolidate their data and activities across multiple locations, grants, and donors.
- Midsize enterprises that manage multiple entities and difficult financial tasks: It lets you instantly consolidate data across multiple entities; fulfill compliance requirements, including generally accepted accounting principles (GAAP) and front-to-back office audit trails, and streamlines difficult tasks like project accounting and fixed assets.
Sage Intacct Pricing
Sage Intacct’s pricing details are not available on its website, but a third-party source says that its annual prices range from $8,000 for a single user to $50,000 per year for organizations that manage multiple contracts, projects, and entities.
Sage Intacct Alternatives 2020
Nonprofit Accounting Software
(Best overall) Nonprofit organizations that need an accounting platform with a customized chart of accounts and reports
Nonprofit companies looking for an alternative to QuickBooks for Nonprofit
Nonprofit organizations with annual gross receipts of more than $10 million that need accounting, projecting tracking, and CRM
Nonprofits that need to access their data 24/7/365 from any mobile device at an affordable price
Nonprofit organizations seeking a good alternative to Aplos Accounting
In addition to industry-specific software, your business might be well served by general-purpose small business accounting software.
Sage Intacct Features
Sage Intacct has the features you need to simplify tedious and repetitive financial tasks, such as grant tracking, budget planning, fund accounting, expense management, and financial reporting. Here’s a list of its top features to help you decide whether or not Sage Intacct is for you.
Sage Intacct’s fund accounting for nonprofits enables you to manage your grants and donations in separate revenue streams effectively, create a series of reports for every funder, generate statements of activities, cash flow, financial position, and form 990, and more.
Its general ledger, which includes ten dimensions, lets you manage sophisticated financial tasks across multiple entities, whether locally or globally. You can merge data with the push of a button, manage currency conversions, and generate consolidated reports without having to wait for the end of the month.
The platform allows you to manage and track all your grant documents and details in one place, regardless of the funding source or award type. You may also report on and compare budgets to actuals, grant delivery, impact metrics, and financial data.
This add-on module makes it easy for you to process reimbursement requests and bills for funding sources. It helps you track conditions, barriers, and delivery status seamlessly and enables you to choose the best revenue recognition method for every revenue stream.
Most Helpful Sage Intacct Reviews
Users who gave positive reviews of Sage Intacct like that it is customizable and that it integrates well with third-party applications. Some mentioned that its multi-entity management capability is excellent while others praised its responsive technical support team. Meanwhile, those who left negative reviews complained that it’s a bit pricey and that some of its basic functions have limited capabilities.
Smooth third-party integration and responsive customer support
One user who left a positive review of Sage Intacct on Capterra likes that it integrates well with other software like MineralTree and Salesforce. He added that its support is excellent, explaining that the Sage Intacct team always finds a way to improve the product.
Some basic functions are complicated
One user who left a negative review of Sage Intacct on Capterra dislikes that some of its basic functionalities, such as producing manual checks and paying with credit cards, are time-consuming and complicated.
Sage Intacct Frequently Asked Questions (FAQs)
What nonprofit organizations does Sage Intacct cater to?
Sage Intacct caters to the following:
- Community improvement and capacity building nonprofit organizations
- Faith-based organizations
- Nonprofit healthcare organizations
- Human services organizations
- International nonprofits and nongovernmental organizations (NGOs)
- Membership organizations
- Philanthropic organizations
Does it offer a free trial?
Yes, it does. Sage Intacct offers a free 30-day trial that includes a personalized sample company where you may enter and update information, see actual reports, watch videos of premium features, and add colleagues to the platform. Please note that Sage Intacct will remove any data you entered when the trial ends.
Does it have a mobile app?
Yes, it does. It’s mobile app, called Sage Intacct Advantage, can be downloaded on Google Play and the App Store.
Our Top Nonprofit Accounting Providers
In case you still aren’t sure if Sage Intacct is right for you, then this article on the best nonprofit accounting software is a review of our top choices. In this guide, we looked at a variety of solutions and narrowed our recommendations down based on pricing, ease of use, customer reviews, and key features, such as donor management, budgeting or forecasting, and accounts receivable (A/R) and accounts payable (A/P) management.