Why are Businesses choosing Sage Intacct over other Solutions?
As a company, one of the big decisions is choosing which business management solution you want to use. Whether you’re implementing a business management solution (also known as an ERP) for the first time or upgrading to a new software more suitable to your needs, the decision is equally as important. With 88% of users rating Sage Intacct with 4 or 5 (out of 5) stars,* Sage Intacct is one of the leading cloud ERP solutions on the market, particularly for small to medium sized businesses. Which begs the question: why?
If you do a quick search online you’ll find plenty of instances of Sage Intacct saying why it’s customers choose their software, and while it’s one thing to hear what Sage Intacct has say, it’s another to hear it from your peers—businesses that were in your shoes and decided Sage Intacct was the best solution for them. As a solutions partner, we work with businesses in that position every day. Through the process of doing discoveries we have unique insight into their needs, growth plans, challenges, internal debates, ROI discussions, and ultimately, which solutions they decide will bring their business to the next level. Even though every business has a unique set of wants and needs out of an ERP solution, when it comes to Sage Intacct there are certain features that jump out to businesses regardless of their industry. These are the top 5 reasons businesses give for choosing Sage Intacct.
1) Sage Intacct is a True Cloud solution
One of the leading reasons businesses were drawn to Sage Intacct over other cloud solutions is because Sage Intacct is a “true cloud solution”. True cloud refers to a software solution that was built specifically for the cloud, meaning that was designed to be run and accessed through web browsers without physical software needing to be installed on a computer. Many solutions that have cloud capabilities were originally built to be deployed on-premise, meaning that software would need to be installed and accessed on specific devices, but were later adapted to offer access through web browsers, thus offering cloud capabilities. Many businesses feel that true cloud solutions will offer greater ease of use and simplicity in their cloud functionality. Not to mention the fact that true cloud solutions require lower IT and server infrastructure costs.
2) Flexibility with Licensing
Not all users were created equal, so why should you have to pay the same for all of them? While your business management solution is going to be the bread and butter for some of your employees who may use it for almost everything they do, others may only require access for a few simple tasks, and not very frequently. One of options businesses appreciate about Sage Intacct is the flexibility with licensing so you can prevent spending more on user licenses than you need to; with options ranging from full accounting users to employee users or project management users, with the price varying depending on the type of user.
3) Integrations with over 200 partners, including an airtight integration with Salesforce
On its own, Sage Intacct is already an incredibly robust solution. That said, Sage Intacct understands that every business has a slightly different combination of wants and needs, so they’ve ensured businesses never experience limitations by offering easy integration with over 200 third party solution partners. This means that businesses can personalize and build on their solution so it meets their industry specific needs, without the need for heavy customization to integrate products. For example, one of the integrations that businesses get most excited about is the tight integration with Salesforce, a cloud native Customer Resource Management (CRM) solution. This integration ensures the information can flow freely between accounting, sales, and customer service without discrepancies or interruption.
4) Sage Intacct has a unique natural account structure that businesses love
Most solutions use a hard-coded structure for your chart of accounts, which get increasingly complicated the more factors (such as location, department or project) you bring into it. Sage Intacct uses dimensions which enable you to tag transactions, as well as operational data, with dimension values – so you can add context to your data without needing to assign transactions to account codes. That’s just the tip of the iceberg, the dimensions can be used to quickly and efficiently sort data for improved insight and streamlined reporting. For many businesses who were operating with over complicated sets of codes, Sage Intacct’s account structure was a deciding factor that made them choose the solution.
5) Powerful Project Accounting Module
The challenge with project accounting is that the needs and processes are different for every business and industry, so it’s essential to have a solution that can bend to fit your needs. Sage Intacct’s Project Accounting module is another factor that sets it apart to businesses, allowing you to do everything from track costs, time and expenses to managing resources, billing, and revenue recognition in one place.
When it comes down to it, these are just the widely applicable factors that led businesses to choose Sage Intacct. It doesn’t account for the unique challenges that Sage Intacct solved for them or specific processes that were improved. The best way to get detailed insight into the ways Sage Intacct could benefit your business, or if it’s even the right fit, is to conduct a discovery with a solutions partner that can do a deep dive into your business. Curious to see some of the features Sage Intacct has to offer? Visit the solution page for details.