When your business outgrows its basic accounting software, either due to multiple locations, changing business needs, or anything of the like, you have a wide variety of options. You need improved reporting, necessary compliance, and much more. But where do you turn?
Mid-level accounting, finance, and enterprise resource planning (ERP) software is a highly competitive marketplace that leaves you as a decision maker suffering from information overload syndrome. With many members of our team coming from the client side, we’ve been there.
This is why we would like to try to help you out in the coming weeks by comparing Intacct Cloud Financial Management and Accounting to other vendors such as Sage, FinancialForce, Abila MIP, and Acumatica, in addition to our prior guide comparing NetSuite and Intacct.
Today, we would like to start by comparing Intacct to Sage—specifically Sage 100 (Rebranded and adapted from MAS 90, MAS 200, and MAS 200 SQL to become Sage 100 Standard/Advanced/Premium), Sage 300 ERP and Sage 300 ERP Online.
Sage: A Brief History
Sage was founded in 1981 as an accounting software provider, and has grown to provide nearly every type of software for any sized organization. With over 270 different products on 70 platforms, the company has grown primarily from acquisition.
The company prides itself on being the one-stop shop for every software, relying on cross-selling and retention for growth.
However, today we would like to focus on comparing Intacct to the company’s accounting and finance software for mid-market businesses, excluding Sage One (freelancers, startups, and small businesses), Sage 50 (desktop accounting for small business), and Sage 500 ERP (set to be phased out in 2017).
Sage 100 ERP
Sage 100 ERP (formerly Sage ERP MAS 90, 200, and 200 SQL) is the starter ERP for Sage customers. Broken into three levels for North American businesses—Standard, Advanced, and Premium—Sage touts the software on its modularity. Sage 100 users start with the basic functionality, and can incorporate other tools as needed.
Sage 300 ERP
Available on-premise or online, Sage 300 ERP (formerly Sage ERP Accpac) is a “comprehensive business management solution designed to keep your total cost of ownership low by supporting multiple technologies, databases, and operating systems.”
A Brief History of Intacct Cloud Accounting
Intacct was founded in 1999 to provide an online alternative to on premise and desktop accounting solutions. Intacct serves over 8,500 customers through a combination of internal sales, support, and development professionals and value-added resellers who focus on specific industry implementations and support. Because Intacct only offers financial management software, the company’s entire research and development team is focused on improving the capabilities of Intacct.
Intacct currently offers its core financials (general ledger, accounts payable, purchasing, order management, accounts receivable, cash management), reporting features, multi-entity, global consolidations (See more on overcoming global and multi-entity challenges with Intacct here), project accounting (see more on accounting for project-based organizations), revenue management, and more; working well with other best-in-class software as needed through easy-to-use integrations.
But Wait, There’s More!
Of course, we wouldn’t leave you with just a comparison of the histories of the two software selections. We have devised a full whitepaper on the two, including the following:
- Comparison of Delivery Models
- Implementation Time
- Reporting Capabilities
- Strengths and Weaknesses of Each
You can download the Intacct vs. Sage Comparison Guide from Brittenford for Free.[contact-form-7 404 "Not Found"]