Sage Intacct vs. Other Cloud ERP & Accounting Softwares
Sage Intacct vs. Microsoft Dynamics GP
Microsoft Dynamics GP is a business solution intended for SMBs. It offers integrated capabilities for financial management, project accounting, distribution, manufacturing, human resources management, business analytics, and customer relationship management. Microsoft’s ISV community also enables you to adapt, extend and connect with other line-of-business applications – driving your business forward through advanced functionalities.
Sage Intacct and Dynamics GP are both ideal for small and medium-size businesses. Sage Intacct is a cloud software, while Dynamics GP can be deployed as either an on-premise, cloud, or hybrid solution. As a cloud deployment, Dynamics GP offers the same “anywhere, anytime” access capabilities as Sage Intacct. Dynamics GP and Sage Intacct are also both smart choices for non-profit and professional service businesses.
On the other hand, Dynamics GP tends to be the better choice for companies with more complex distribution and supply chain management needs. Sage Intacct, on the other hand, is better for companies with complex accounting needs (such as revenue recognition and strict compliance requirements).
Sage Intacct vs. Microsoft Dynamics 365
Microsoft Dynamics 365 is a cloud-based platform that unifies the capabilities of CRM and ERP systems. With Dynamics 365, Microsoft’s suite of applications work together in the cloud – allowing you to run your entire business from end to end. A friendly user-experience makes it easy to manage your financials and CRM through one dashboard. And with multi-platform applications for desktop, tablet and mobile, you can access your dashboard in real-time from anywhere on any device.
Dynamics 365 is a cloud system, the same as Sage Intacct. But Dynamics 365 is an “all-in-one” CRM and ERP system, while Sage Intacct is a stand-alone, best-in-breed cloud accounting software. Dynamics 365 provides a variety of modules and is built more for overall sales, finance, and operations, while Sage Intacct is preferred by the AICPA for its leading financial management capabilities.
Sage Intacct vs. QuickBooks Online
QuickBooks Online is the ideal accounting software for freelancers and small businesses. It’s a simple, streamlined solution, that helps you keep your books organized and records in one place.
QuickBooks Online and Sage Intacct are both web-based and feature many of the same basic functionalities, including activity tracking, invoices, 1099 support, Excel integration, multi-device sharing, user-friendly reporting dashboards, and add-on integrations. However, eventually, your business will probably outgrow QuickBooks.
Sage Intacct helps make you audit-ready with GAAP compliance and allows you to automate billing and revenue recognition processes. It supports thousands of users and hundreds and thousands of customers and transactions. Sage Intacct also supports multi-entity organizations, allowing you to consolidate your data into one dashboard without continually logging in and out.
Sage Intacct vs. Oracle NetSuite
NetSuite touts itself as the number one cloud business software. It’s built “from the ground up”, featuring one data model that spans back office financials to customer records. Its dashboard is similar to Dynamics 365, in that it provides complete visibility and simplified integration across departments.
Similar to Sage Intacct, NetSuite provides functionalities that are more advanced than QuickBooks Online. With both systems, you can customize configurations to support your business as it scales. Reports are easily accessed and updated in real-time, and offers a user-friendly experience.
The biggest difference between NetSuite and Sage Intacct is that NetSuite is an “all-in-one” CRM and ERP system. Again, NetSuite is similar to Dynamic 365. While this can be the right solution and approach for some companies, it’s not the ideal choice for departments that want to use different software. If your accounting department chooses NetSuite, your whole company chooses NetSuite; whereas, with Sage Intacct, your accounting department gains its advanced functionalities while giving the rest of your company its own freedom as well.