Last Updated on August 12, 2023 by asifa
Depending on the size and nature of business, accounting is one of the core functions of businesses. But we cannot deny that it is a time-consuming and chaotic activity. That is why it is relatively impossible to focus on it while performing the primary business activity. If you are a business owner and are worried about the accounting functions of your business, then investing in accounting software can make your accounting and bookkeeping process a breeze for you. Due to technological advancement, there are multiple software out there in the market which can help you deal with your accounting process from start to end. Yes, of course, you will need an accountant, regardless of what accounting software you use when your business is growing.
Out of all the options available out there, Sage accounting software is one of the most popular accounting software preferred by most businesses out there. But there are a few things which you need to know about Sage Intacct before investing money. Read further to learn more about the topic.
Table of Contents
In this blog, you will learn-
- What is Sage Intacct?
- What modules does Sage Intacct offer?
- Types of organisation it is built for?
- What industries does Sage Intacct work well for?
- How to determine the pricing model of Sage Intacct?
- Why choose Sage Intacct for the accounting & bookkeeping functions of your business?
- Why should you work with Whiz Consulting?
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What is Sage Intacct?
Sage Intacct accounting software is powerful cloud-based financial software designed to support growing & mid-sized companies to deliver best-in-class financial accounting capabilities. It uses AI & automation tools whilst having a varied industry focus that ensures high satisfaction scores from clients.
What modules does Sage Intacct offer?
Sage Intacct accounting software is built on the philosophy that each business has a variety of teams, and all of them should have the best possible solution for their needs. So, instead of providing a standard one-for-all solution, Sage Intacct offers customised services per the business’s needs. The modules it covers are-
- Salesforce connector
- Global & domestic consolidations
- Dynamic allocations
- Inventory
- Project accounting modules
- Time and expense management
- Subscription management
- Revenue recognition
- Advanced functionalities to further automate & streamline the financial process
For whom is it built?
Sage Intacct is built to perform accounting and bookkeeping functions smoothly and is best suited for organisations that need more robust capabilities than standard accounting packages. It is beneficial if you need a customised solution for the particular team of your organisation. Still, it generally bests for-
- Multi-Entities
- Multi-Currency
- Multi-legislation
Note: Organisations who perhaps don’t need advanced capabilities still can choose to look at Sage Intacct.
What industries does Sage Intacct work well for?
- Financial services
- Non-profit organisations
- Software & SAAS
- Hospitality
- Wholesale & distribution
- Healthcare
- Professional services
How to determine the pricing model of Sage Intacct?
Sage Intacct accounting software offers different solutions for every business. Instead of providing one-for-all standard services, it provides the opportunity to customise services as per your requirements. Generally, its pricing model is dependent upon the below-mentioned factors-
- Size of your business
The size of a business is essential while opting for Sage Intacct services as your requirement helps you pick the right plan. If you run a small organisation, you probably require lesser services, but your needs would be different if you run a large-scale organisation.
- Your industry
The operations of every industry differ from each other. That is why industry plays a vital role in the pricing model of Sage Intacct.
- Requirement of features
One organisation might require the feature of revenue recognition, whereas another might need a subscription management facility. Hence, the requirement of features plays an essential role in determining Sage Intacct’s pricing model.
- Level of customisation & automation
The last factor on which the pricing model of Sage Intacct is dependent is the level of customisation & automation. Because how much automation and customisation you require is crucial to design the Sage Intacct services for you.
Why choose Sage Intacct for the accounting & bookkeeping functions of your business?
- Saves time
The first and foremost benefit of Sage Intacct is its time-saving quality. It uses AI & automation tools whilst having a real industry focus, helping you complete tasks quickly. That is why it ensures high satisfaction scores from clients.
- The flexibility of the cloud-based system
Sage Intacct accounting is cloud-based software that provides access to streamline and automate it from anywhere with a good internet connection. Hence, providing the facility of accessing the cloud-based system.
- Incredible automation & customisation
Sage Intacct offers the facility of automation & customisation services that you can opt for anywhere in no time. It includes customisation features for almost every facet of your business ranging from workflows, modules, reports etc. Additionally, it is designed to automate and streamline your processes.
- Facilities of integrations
Last but not least benefit of this Sage accounting software is the integration opportunities it offers. Sage Intacct includes built-in integration with the Avatax & salesforce and other tools and platforms using their APIs and SDKs. Apart from the mentioned benefits, you can add more missing functions according to your requirement in your package.
Final Words-
Sage Intacct is one of the best accounting software out there to help perform your business’s accounting & bookkeeping tasks. Also, provided it has a different module that can help you streamline your overall business process, it could be a contender for your accounting software. Now, you must have covered everything about Sage Intacct, what its benefits are on your business, the modules it offers, its pricing model and the suitable industries it works well for.
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