Intacct Software

I like Intacct. It has some limits with revenue recognition but all other modules are great. We just implemented PO module and it is working great. I would recommend Intacct to my colleagues in a similar industry.

Great accounting dashboard. The system is easy to customize to fit your needs. Pretty user friendly once you get the feel for it. Convenience of online is key... so is the Iphone website is quick and easy to review and approve payments. I would like a little more on the audit trail but all in all we are pleased with Intacct!

There are so many reasons why I like Intacct. The ease of use for our employees is probably one of my favorites. We are a growing software company and every new employee gets a sign in to Intacct so that they can enter their time sheets and expenses. Most employees need minimal training and some have logged in and gotten started without training. Another of my favorites is the dashboards and how easy it is to put a report on one and to make them look professional. We have dashboards for all department heads and even one that is for the typical employee. Now with the latest enhancements getting the most up to date and important info is even easier. The dashboards make me look good to my boss which is a great plus. If I could change something it would be to make Intacct more flexible. What I mean about this is that we are a small private company and some of the GAAP rules that Intacct has in place don't always apply to us and we would like to see more flexibility when it comes to being about to change or reclass entries in all modules. The other item I would say needs improvement is their Budget system. There are outside systems that connect to Intacct, but I would prefer to use Intacct and it's easy interface to do my budget and reporting. We were using Peachtree previously and had outgrown that product. Intacct gave us the ability to stop relying on spreadsheets to make our revenue recognition entries. This in turn gave us an annual ROI of around $50k because I was on the verge of having to hire someone to keep up with our growing revenue recognition issues. Since 2009 I have not had to add another employee to my department and I attribute that to the use of Intacct and the improvements they have made to their own product.

We have some of the hardest financials to deal with and had a lot of requests that needed to be fulfilled. Throughout the "interview" process and implementation process, Intacct and the company assisting with the implementation always found a way to meet our needs. Working for this company, I thought many times we would never have good, clean financials that didn't need a lot of manual manipulation, but with Intacct we are certainly on our way to just that. The amount of time and energy that we will be saving is extraordinary. I am so glad we found Intacct.

Overall, I like Intacct. The software has great “rev rec” schedules. A significant portion of our revenue is from annual support payments that we recognize over the time period of the annual support. The Revenue/Accounts Receivable Module makes it easy to record and recognize this revenue automatically rather than having to track it on a spreadsheet and figure out what needs to be recorded monthly. This is a strong attribute of the software. Secondarily, being a cloud based solutions has been very helpful when not in the office. Some frustration with the software revolves around the inability to change certain entries. For example, once a cash payment has been received, the entry that recorded the invoice cannot be changed. If you want/need to add a location or department, it can't be done. Also, the inability to merge accounts and departments to make a more streamlined chart of accounts (especially when you inherited a mess) is frustrating. There should be more flexibility to make changes. I know other systems have this flexibility. Just make sure you play around with the system and know it abilities and inabilities.

Intacct is a great cloud based accounting solution that allowed us to remove the cost of owning servers. Accessing it from any computer, this program has integrated seamlessly with our other cloud based solutions (specifically expense reporting through Concur and AP entry with Avid). The efficiency we have gained by importing this data has been a good cost savings and has allowed us to focus our limited accounting resources in other areas. Furthermore, the structure of the general ledger and the various reporting options have allowed us to condense our GL from over 3,000 accounts to under 200. The transition to Intacct was an easy one, and the proof in the data was a clean audit from Deloitte which came 9 months after installation. I would recommend this product to anyone looking for new accounting software.

My company implemented Intacct in 2013. We used Quickbooks before. I am currently using the Accounts Payable, Accounts Receivable, Purchasing and General Ledger modules. I am using the Accounts Payable module on a daily basis. I really like the " duplicate" function when I enter my invoices, all I need to do is change invoice date and dollar amount, keep the rest of information the same. It could save me a lot of time. Same thing as "recurring entry", I use the recurring entry function to enter our office rent and the other monthly bill. There are many report options in Intacct, but sometimes I get a little confused with certain reports. I don't get what I need sometimes. I wish I could get more training on the reporting part. Overall, I want to say that Intacct is an user friendly software.

We replaced QuickBooks with Intacct about a year ago and we have been pleasantly surprised so far. It is easy to use and we can get much more financial information in reports that we ever did with QuickBooks. This is extremely helpful when you work for a growing company, especially since in one year we have grown from 40 employees to over a 100. We are still working on customizing it to fit our needs, but Intacct is helping us along the way. Entering invoices could be a time consuming task and we would like to minimize the time we will need to spend on easy tasks like this, but overall it's been a great experience.

This software is cloud based which makes it easy to work without having to be in my physical office. It is very adaptable to various industries. The reporting can be difficult to set up but is extremely useful. I required no training in order to work in the program. It is especially useful if your organization wants to keep detailed tracking by department and project and item. Reports can be run for all of these areas that you set up.

Wonderful accounting program for a small to mid-sized business, especially non-profits. The customization of order entry and integration with Salesforce was critical for our billing department. This functions seamlessly and saves us so much time. I also love that each release seems to add easier functionality to all of our processes.

I find that Intacct has the ease of use our employees were needing. The functionality and applications make our jobs much easier. There are a few bugs, but the customer support team are quick to get back with you.

I have implemented Intacct at two companies now in very different lines of business. Intacct has been able to meet the needs and size of both companies. My favorite part about Intacct is that it can be customized to meet your needs, but you don't have to be a developer in order for that to happen. The hardest part is grasping some of the terminology that is used, but once you are familiar with that, it is fairly simple. If you still have trouble, their support group is fantastic to work with and very knowledgeable about the product.

Intacct has served our organization very well by providing a paperless accounting system and wireless access to approve purchase orders, invoices, expense reports and checks. The reporting has proven a little challenging but very doable. I feel it has greatly streamlined our processes and procedures.

We use Intacct for contract and revenue management as well as billing and A/R. It has helped us house 1 single warehouse for our over 900+ clients with thousands of transactions monthly. It is much more automated than our previous system and much more transparent. They bring value with each new update. Even if you don't use some of the new features at times, it's nice to know they are constantly improving their product. Downside: Intacct has not yet figured out a way to allow users to customize their standard reports by adding fields

I can say this with much relief. This program is very easy to use and to pilot too. I've used other programs, and there was either to many bugs, or to many much down time in the program. I will never put my trust in any other program but Intacct for my business needs.

I have found Intacct to be very user friendly & easy to navigate. There are a few areas that need improvement but they are in the process of customizing it for our company. Customer Support is really fast at getting back to you when you open a ticket with them. Overall, I think it's good financial software capable of managing & easily reviewing information.

This system is very clean and fairly easy to use. There are some bugs, but the Intacct team helps you out through the process. I use it to track various expenses and view employee utilization rates.

Of course. Intacct is a great solution for any small to mid- market Company. Whether managing a services or technology Company (hardware and/or software)... it has so many intuitive components that you typically don't even see in large enterprise solutions (e.g. Oracle/SAP/etc...) due to the simple integrations to tons of third- party applications. For the $100M enterprise business on Oracle or SAP... Intacct could actually be an alternative to save significant $$$ and get added value out of the finance, accounting, revenue, and reporting teams. I am a finance person by trade, but can configure custom reports, fields, integration field mappings, approvals, workflows, etc... not something I would dare to touch in the clunky world of legacy "ERPs." This is not Quickbooks my friends... this is not Dynamics.... or a Netsuite. Intacct appears to be focused on being a cloud- based... well- rounded and intuitive business system built on new technology with lots of features and regular updates that are driven to the new- age of finance operations. If you want to be a bookeeper... don't buy it... because you won't get the value. If you want to be a business partner... go for it!

This is a great system. I would use this for any business. You are given ability to customize fields and build custom reports. The customer support portal is very helpful. People at intacct get back to you quickly.

i love the cloud feature. I love that it is intuitive. This software makes completing accounting easier and very structured. Quickbooks was used before so we are excited to take the finances of our business to the next level with this new application.

This system allows me to complete my billing and reporting duties with ease. Intacct offers a variety of reporting modules that provide extraordinary functionality. As someone who is new to the business of Accounting and Finance, it was easy to learn and continues to be easy to use. Its possibilities seem endless!

Intacct is accounting of the future. It streamlines tasks allowing for greater financial clarity. The system itself is user-friendly and designed to provide the best user experience. Reporting is a breeze with advanced customization options to provide the user with exactly what is needed.

I hear firsthand how Intacct continually enhances the cloud ERP solution. I am particularly excited for their new dashboard functionality. I also enjoyed interacting with other partners and learning about their best of breed solutions they integrate Intacct with to provide the most value to their customers. I also learned many new features and best-practices using this amazing product.

Web Based, so I am able to connect anywhere I am at anytime. The only drawback I can see is it's inability to do consolidations. The easy user interface and reporting module is very easy to use and is intuitive.

Our company has been using Intacct since 2004 and we are glad we have. We are a 20 million dollar company and with its constant updates it keeps us going. Very content with how easy to use this software is for client invoicing, accounts payable and receivables and cash flow. As far as cons I'm must stay vendor history. You have to play around with it too much to eventually get what you need. If I want to view a vendor history I would like to view it all. Don't really care for last quarter or previous month or anything like that.

I am a staff accountant with a value added reseller in North Carolina. We recently made the transition from QuickBooks to Intacct and have watched our efficiencies improve drastically! The custom reporting allows you to design and create a plethora of reports so that any information you need is readily available. I would highly recommend Intacct to any company who has outgrown their current ERP software.

I would recommend this software to any company. This software makes financial statements so much easier to read and understand. The software is user friendly. It took no time to understand the different parts of Intacct

We implemented Intacct in 2009. It is a great step up from the smaller accounting packages if you are a growing company. The ease with which you are able to add users, new entities, dimensions, etc. gives you a wonderful sense of control and scaling has not been a problem for us (we started with one entity and 2 users and now have multiple subs and over a dozen users). If you are a Salesforce user the IntacctMax out of the box integration performs as promised. Billing is a push-button exercise with all the relevant bits of information transferred over from the opportunity into Intacct.

Being a SaaS product, access from anywhere at any time is a plus. You can log in and see enhancements and updates at any time. I’m a huge fan of the Intacct Customer Portal where users submit ideas for product features and enhancements and vote them up. I’ve seen multiple submissions work their way into product releases, so this is truly a part of their roadmap/development process.

I do wish that they offered better (or more) bank integration options. I believe they have a relationship with one bank, but that is about it.

Intaact is a solid mid-level ERP which offers a solution for companies looking to graduate from QuickBooks. Intacct has allowed us to streamline the quote to cash process by synchronizing with our salesforce.com CRM. The manual steps of submitting an order has been substituted with online Sales Order submissions. This allows are sales team to concentrate on selling, and not filling out paperwork.

As Intacct is still a growing company/product, new releases of the product are released every so often with new features. Often times with these new releases, there are bugs or glitches but they are quickly ironed out in the next few days/weeks.

To fully utilize new features, I recommend purchasing consulting hours with Intacct for Best Practices.

Overall, I am please with the product/level of customer service I receive from Intacct.

Product is very customizable to tailor to your business/industry.

What I liked most
Customizable

What I liked least:
Glitchy

Intacct has been a great cloud-based solution for our company. With Intacct, we have streamlined our accounting-close process, developed enhanced decision-making capabilities, and curtailed staffing costs as our company has experienced tremendous growth. The accounting-close process has been streamlined as both the consolidation process and large accounting journal entries such as depreciation, payroll and inventory take much less time to complete. Intacct's upload feature for both the general ledger and AP bills is easy to use and makes time-consuming tasks much less cumbersome. We have also been able to improve our decision-making capabilities as we have been able to improve the timeliness of our financial data, the depth of the data, and the comparabes among our different businesses. Intacct's statistical accounts make the marriage of operational and financial data very seamless. Finally, as our company grew tremendously, we were able to hold off adding another staff person for at least 12 to 18 months. This saved us approximately $50,000 to $60,000 thousand dollars.

What I liked most
The feature I really liked the most is the Intacct upload entries. We have over the 30 business entities that have a common chart of accounts. As such, we are able to do a single payroll entry or a single depreciation entry instead of 30 different ones.

What I liked least:
Intacct's report writer is great as it is flexible but they can also be cumbersome to maintain. If a user if the report asks for metrics or accounting data to be presented a certain way, each individual report must be updated for this change. As such, a single change to accounting data or metrics can take an inordinate amount of time to fix across multiple reports.

Intacct offers a visually clean interface with multiple customizable features. I am a full-access accounting user and have used multiple Intacct modules for around a year now. The display is user-friendly and easy to navigate. Any shortcoming are almost always immediately addressed and included in the next release. Overall, a great system that I would highly recommend for all types of businesses.

What I liked most
I think the biggest upside to Intacct compared to other ERPs I have used is the compatibility to other systems such as salesforce.com and Avalara Tax. This helps to streamline our entire business and mitigate manual processes.

What I liked least:
The only downfall to Intacct would be the somewhat slow loading of new pages, but I think this may be more of an internal Internet connectivity issue. So I wouldn't ding Intacct for this.

The Product Intergration is amazing. I see and have full clarity on the process of Time and Expense.

What I liked most
I can see who has approved my T&E and when. I can see the bottlenecking and act accordingly.

What I liked least:
None

Intacct is a great contract-management tool. It allows us to look at our company's records as a whole. It is better than a lot of the alternatives out there with room for improvement.

What I liked most
Centralization of all data into one database

What I liked least:
Customization is not friendly. You cannot customized standard reports, which can be frustrating when you want to add fields to the reports Intacct already has set up

It’s a terrific multi-tenant SaaS ERP system that fits very well with the needs of our software and services company.

What I liked most

• A multi-tenant SaaS platform that keeps all customers on the same, latest release and allows them to focus R&D resources on a single release, accelerating time-to-market for enhancements
• Senior management listens well to customers and responds with improvements
• One-click, multi-company consolidation
• Proper FX treatment per GAAP and normalization into a base currency for reporting purposes
• Intuitive revenue recognition for a software and services company
• Executive commitment to integration with other systems via detailed, stable API’s
• Solid customer support which responds within appropriate time parameters

What I liked least:

• Purchasing module still needs work with supporting VAT and robust approval workflow
• Poor visibility into future revenue and cash flow because backlog reporting only begins upon invoicing rather than order entry

Currently I am the Finance Manager for a company that works directly in the construction industry. I have worked in accounting departments in this industry for years on several different accounting software programs. Accounting in this industry can get complex! (to say the least) Depending on the type of construction, the agreement with customers, the service provided, and/or State or Federal regulations; nothing is cut and dry. Most the systems I have had to work on in the past where ones that required you to work for the system, not allow the system to work for you. I would spend hours trying to manipulate the programs in every way possible in order for it to process correctly for my needs. I would spend hours on end talking/arguing with customer service to get responses like “I’m sorry ma’am, our program can’t do that”, or they would never contact me back at all. When it came to requesting additional features or fixing issues the software had, they wouldn’t even take it into consideration. Upon taking my current position, I came into the company just as they were integrating from Quickbooks to Intacct. The process went smoother then I had thought. The program itself if very user friendly, and there is online training available. Customer service is great! They always return my phone calls, keep me updated with the case log, send me instructions and follow ups, along with working through their IT to ensure I can get the system set up to do the things I need to do. Also, my favorite feature is the ‘suggestions’ board. This has allows all users to post things they think would be beneficial for Intacct to offer or change in the program. Other users can comment and/or agree to those suggestions. This helps Intacct improve their program to assist all their customers. They really have been a breath of fresh air compared to the other accounting systems I have struggled with in the past.

What I liked most
User Friendly, Online training, and Customer Service Support

What I liked least:
Sensitivity with certain characters. We have had several project names include special characters and they have locked up the system.

The cloud-based accounting software is easy to use and comprehensive. It is a time saver to be able to log in and immediately see what a client has entered into the program. The learning center has a copious amount of information to help the new and experienced user.

What I liked most
The ease of use.

What I liked least:
The reporting functions.

The convenience of having a web based accounting system is A+ in my book.

What I liked most
The new Financial Report Writer and the improved journal entry functionality.

What I liked least:
The inability for Inacct to accomodate consolidations. Come on guys, where is the consolidation module?

I’ve been using Intacct for about 1.5 years. The system has some great advantages – it is easy to use and it has the functionality to integrate with Salesforce, which is fantastic for real live info on things like Invoice payments. However, the one thing that I truly wish that Intacct was better at is the reporting functionality. In Salesforce it’s remarkably easy to make dashboards, reports and anything I need as long as I am familiar with the data, and to share those reports in real time with others. Intacct has standardized reports, but even those that are customized appear to be difficult to put together, and still cant link two different sets of information. There are reports that another function in our Company must export then join through Access. If the reporting functionality was as strong as that of Salesforce, this system would be perfect.

What I liked most
Integration with SF

What I liked least:
Reporting functionality

Intacct has streamlined our accounting processes. I would like to see a few more dimensions added to the reporting functions. I've also found the learning center to be very useful, although the video tutorials do not work. Overall, I would recommend this software.

I have been using Intacct since 2009. In the area of Accounts Payable; I have been able to provide information to both internal and external customers without leaving my computer. The information storage has created more efficient processing leading us into a paperless environment.

What I liked most
The ability to process accounts payable without the paper shuffle.

What I liked least:
The flexibility in reporting design

Up until using Intacct Software at my current company, time sheets were a nightmare. At one position we didn't have to fill out a weekly sheet, but if we wanted personal time off or vacation days we'd have to go through a string of employees to enter the necessary information, even resorting to small post-it style notes to let them know days 1, 2, and 3 were vacation while days 22, 23, and 24 I was out sick. The next company used a print out form every.single.week. What a pain the butt! Not to mention we killed a forest every pay period. Now tracking my hours is simple- I login, edit a week, put in my hours and what they were used for and BOOM! done. No paper, no hassle.

What I liked most
Product is easy to use! Our company had a meeting to teach us about Intacct and it only took a total of 5 minutes.

What I liked least:
I come from a creative company, so anything to spruce it up or maybe friendlier reminder emails.

I would recommend Intacct to accounting professionals. We are a fairly large company here at Birch and we made the switch in January. For the most part it has been a smooth transition to Intacct's software. It is a definite upgrade over our previous software. Intacct seems to be on the cutting edge of accounting software. Intacct has enabled us to become more accurate and close our books faster than we did with the old software.

What I liked most
I enjoy being able to drill down from the financial statements all the way to source documents with just a few clicks.

What I liked least:
We have not found anything yet.

I sourced Intacct originally for my business use back in 2002, when this software company was just starting out with their SAAS accounting solution. These folks pioneered the concept of what is now “cloud computing” and have always had very strong product. Many current players in the ERP market eventually began to jump on the bandwagon and copy their approach.

There are lots of integration features with Intacct and they do XML especially well. I would say the strongest feature of Intacct is their financial reporting. You can create any kind of financial presentation you want and with some forethought can tie both financial and operational metrics. These reports can then be deployed to various audiences via system dashboards, scheduled e-mails, etc. It became a huge timesaver when I was dealing with managers in offices across the US. They also have a robust consolidation feature, which reporting accountants know can get hairy to deal with.

The only downside I can offer is that the system can get pricey if you have a large company and accounting team that needs to access. Then again, if you are at that point, all the viable systems are going to be somewhat in the same range for what you need an ERP to do…

I highly recommend Intacct for companies that have their sites on 8+ digit revenue levels, dispersed staff, multiple companies and/or a global presence. Install it early in your company and grow with it!

I have used Intacct's SaaS based accounting software in a multi-currency, multi-entity environment and found it to be very user friendly and comprehensive. The company was very professional, responsive and easy to work with.