Sage Intacct and QuickBooks are the most popular accounting software options today. While both programs have advantages and disadvantages, it can take time to determine the best fit for your business.
In this blog, we will examine which is better Sage or QuickBooks, and help you decide which accounting software is right for your business.
SAGE INTACCT OVERVIEW
Sage Intacct is a powerful, successful, multi-award-winning Cloud accounting solution designed for growing and mid-sized businesses.
Sage Intacct prides itself on its cutting-edge features, solid basis, and flexible connectivity connections. In addition, it offers best-in-class financial accounting capabilities, including AI and automation technologies.
Sage Intacct is being adopted by midsize to big businesses, including accounting firms, healthcare, hospitality, distribution, and nonprofit organizations, in preference to an on-premise system for handling essential business operations.
Sage Intacct offers a broad range of features for businesses of all sizes. Some of the key elements of Sage Intacct include:
Sage Intacct lets you manage numerous entities within the same system, making it excellent for businesses with multiple locations or subsidiaries.
Sage Intacct provides real-time reporting and analytics, giving you a quick insight into your company’s financial health.
You can create custom dashboards in Sage Intacct that displays the information most important to your business.
Sage Intacct offers cutting-edge revenue recognition capabilities ideal for companies with complex revenue streams.
Sage Intacct combines with a wide range of different business systems, including CRM, HR, and payroll software.
SAGE INTACCT PROS
Sage Intacct is highly scalable and can quickly grow with your business. The software can handle high volumes of financial data and manage complex workflows, making it a perfect option for larger firms.
Sage Intacct offers advanced automation features that can help streamline your accounting processes. For example, the software can automatically generate invoices, process payments, and reconcile accounts.
Sage Intacct offers various reporting options, allowing you to create reports that fulfill your needs. The software includes pre-built financial statements and the capability to create custom reports using a drag-and-drop interface.
Sage Intacct allows you to manage multiple entities within a system. This can be an excellent feature for businesses with multiple locations, subsidiaries, or international operations, as it can help ensure consistent accounting practices across all entities.
SAGE INTACCT CONS
Sage Intacct can be expensive, especially for small businesses or startups. The platform offers various pricing plans, but the price can quickly increase when additional features or users are added.
While Sage Intacct offers a user-friendly interface, new users can have a learning curve. The platform provides various parts and functionalities, which may take some time for users to become familiar with.
While Sage Intacct offers integrations with various third-party applications, the possibilities still need to be improved compared to other cloud accounting platforms. This can challenge businesses that rely on other tools for their operations.
While Sage Intacct offers some customization, there may be limits to how much users can customize the platform to meet their needs. This can be a challenge for businesses with special requirements.
While Sage Intacct offers customer support, some users have reported that the support can sometimes be lagging or unresponsive. This can be frustrating for users who need help quickly.
QUICKBOOKS OVERVIEW
QuickBooks is an accounting software whose products provide desktop and internet accounting software for managing customers, vendors, clients, inventory, and finances.
QuickBooks is used by millions of businesses around the world. Some of the key features of QuickBooks include:
QuickBooks is known for its user-friendly interface, making it easy for businesses to get started with the software.
QuickBooks allows you to create invoices and process payments directly from the software.
You can use QuickBooks to create budgets and forecasts for your business, giving you better visibility into your financial future.
QuickBooks offers customizable reporting options that allow you to create reports that meet your specific needs.
QuickBooks integrates with various business systems, including payroll and CRM software.
QUICKBOOKS PROS
QuickBooks offers a range of pricing plans, making it affordable for small businesses and startups. The platform provides various parts and functionalities, even on its basic plan, making it a cost-effective option for businesses.
QuickBooks offers multiple integrations with other applications, such as payment processors and inventory management systems. This makes it easy for businesses to connect their tools and streamline their operations.
QuickBooks offers robust reporting capabilities that allow users to generate customized reports and analyze financial data in real time. The platform provides a variety of pre-built reports, dashboards, and visualizations that make it easy for users to access the data they need.
QuickBooks offers a mobile app that allows users to access their accounting data from anywhere. The app provides many of the same features and functionalities as the desktop platform, making it easy for users to stay on top of their finances.
QUICKBOOKS CONS
QuickBooks offers some customization, but there may be limitations to how much users can customize the platform to meet their needs. This can be a challenge for businesses with unique requirements.
While QuickBooks offers a range of pricing plans, the platform may not be as scalable as other accounting software options. This can challenge businesses that anticipate significant growth or changes in their operations.
Some users have reported inconsistent customer support from QuickBooks, with long wait times and unresponsive representatives. This can be frustrating for users who need help quickly.
QuickBooks has faced security concerns in the past, such as data breaches and vulnerabilities in its software. This can be a concern for businesses that handle sensitive financial information.
While QuickBooks offers some automation features, such as recurring invoices, there may be limitations to how much automation is available on the platform. This can challenge businesses that want to streamline their accounting processes and save time.
WHICH IS BETTER SAGE OR QUICKBOOKS?
When it comes to deciding between Sage Intacct and QuickBooks, there are a few factors that you should consider. Here are some of the fundamental differences between Sage Intacct and Quickbooks:
Sage Intacct is generally more complex than QuickBooks, with more advanced features and capabilities. If your business has complex financial needs, Sage Intacct may be your better option. However, if you’re looking for a more straightforward accounting solution, QuickBooks may be the better choice.
Sage Intacct is designed to scale with your business, making it a good option for companies looking to grow. QuickBooks is also scalable, but there may be better options for larger businesses with more complex financial needs.
Sage Intacct is generally more expensive than QuickBooks. On the other hand, QuickBooks offers a range of pricing plans to fit different budgets.
Sage Intacct offers industry-specific features for various industries, including nonprofit organizations, financial services, and healthcare. QuickBooks offers some industry-specific features, but they may not be as robust as Sage Intacct provides.
5 Reporting and analytics
Sage Intacct offers more advanced reporting and analytics capabilities than QuickBooks, making it a good option for businesses that need more in-depth financial insights.
QUICKBOOKS VS. SAGE – HOW TO CHOOSE?
It should come as no surprise that all available systems are going above and beyond with their features to be the selected ones, as small businesses rely significantly on their accounting software to maintain track of their firm finances.
It can be daunting to decide which product is one that you need, so here are a few ways that you can look beyond the bells and whistles to make the right choice:
Deciding on the best accounting software product is considering different solutions and determining the top application for your needs. Try to keep it as simple as that.
CONCLUSION
Sage Intacct and QuickBooks are excellent accounting software options. Still, the right choice for your business will depend on your specific needs and budget if you need clarification on which option is best.
If you would like to find out more about Sage, contact our Sales team at +1 855 737 1469 or email [email protected].
Reach out to us today to talk about how we can turn your software vision into a reality.