An ERP (enterprise resource planning) is the most critical system in any company. It keeps all the information about the company in one place and helps with management, forecasting, planning, and other tasks.

ERP systems are complex software that has to be customized for every company. That’s why finding the right ERP for your company is essential. That’s why we’re comparing Sage Intacct and Acumatica.

This article will help you understand what to look for when choosing between these two programs.

Understanding Sage Intacct

Sage has several different versions of its software, including Sage 50, 100cloud, 300cloud, and Sage X3. But Sage Intacct is cloud-based accounting software that integrates with other business applications.

Within Sage Intacct, there are three versions: Sage Intacct Essentials, Sage Intacct Premium, and Sage Intacct Pro. They are priced differently based on the level of service needed by the company.

It was first developed in 1999 by Intacct corporation. Sage purchased the program in 2017.

What types of companies use Sage Intacct?

Sage Intacct has over 11,000 customers. Companies that use Sage Intacct are mainly companies that have complex accounting needs. These include companies with:

  • multiple locations
  • many employees
  • large projects or high turnover rates
  • strict financial regulations

Sage promotes the product as non-industry-specific. It has a wide range of features and is customizable enough to fit most industries. Industries that use Sage Intacct include:

  • Technology
  • Not for Profit
  • Software as a service (SaaS)
  • Healthcare
  • Accounting
  • Hospitality
  • Wholesale distribution
  • Financial services

However, while it accommodates diverse industries, Sage Intacct is less suited for every business size. Pricing and implementation-wise, it’s geared for mid-sized to large businesses.

It can prove overkill for businesses under 20 people since it provides unlimited access to the cloud. Small businesses wanting to stay in the Sage family would be better off looking at Sage 50 or 100.

What are Sage Intacct’s features?

Sage Intacct is a modular ERP, which makes it ideal for companies that are growing quickly. The default modules that come with the core plan are:

  • General Ledger
  • Order Management
  • Cash Management
  • Purchasing
  • Accounts Receivable
  • Accounts Payable

It also has a robust list of optional modules, including Revenue Management, Salesforce Integration, Project Accounting, and others.

There is also an optional module that gives you the ability to handle multiple currencies, which is a huge pro if you’re an international company with international clients.

How much does Sage Intacct cost?

Sage Intacct’s basic service comes with 24/7 operations, upgrades, and enhancements and 15GB of storage.

It is quote based, so, unfortunately, it’s hard to get a good gauge on the price without going through the process.

Sage says that most of its customers pay $15,000 to $35,000 a year. This number varies depending on your employees and the number of modules you use.

There is also a 30-day free trial for you to decide if you’re happy with the product.

How do I access Sage Intacct?

As cloud-based software, Sage Intacct is available on browsers. There aren’t dedicated mobile apps or desktop applications, but the site is optimized for mobile devices.

How is Sage Intacct hosted?

Sage Intacct doesn’t offer on-premise hosting. It’s only offered as a cloud solution.

Sage Intacct is based in the Oracle database infrastructural, a highly reputable and consistent service that ensures you have 24/7 access to your data.

Understanding Acumatica

Acumatica ERP is a cloud-based enterprise resource planning system. It is designed to help manage an organization’s business processes, such as accounting, inventory management, manufacturing, customer service, and more.

The software provides comprehensive data and analytics on every aspect of how your company operates, and offers interactive dashboards to help you make the best decisions for success.

It was founded in 2008.

What types of companies use Acumatica?

Any industry can modify Acumatica to fit their needs, but it does have specific software solutions for specific industries, including:

  • Manufacturing
  • Distribution
  • service industries
  • Retail-commerce
  • and construction

Because of its flexibility, Acumatica has customers from eclectic industries, such as travel, hospitality, non-profit, and education.

While they have some larger clients, Acumatica was designed expressly for small to medium-sized businesses. 78% of companies using Acumatica are small.

Acumatica has been the fasted growing ERP for the past six years and has over 8,000 customers in more than 50 countries.

How much does Acumatica cost?

Much like Sage Intacct, Acumatica is a quote-based pricing system. One excellent feature is that you don’t pay per user but instead according to the resources you consume.

They structure their subscription cost based on your edition, the system resources you use, and the support and services you choose.

Acumatica also allows you to use the hosting of your choice, so you can decide whether or not you want to pay for their services.

What are Acumatica’s features?

Acumatica offers monitoring and reporting tools, customer service and security, customization features, and document storage.

The programming languages aren’t proprietary, making customization simple, since you can even create in-house modifications. There is also a 3rd party marketplace for add-ons.

How do I access Acumatica?

Acumatica is a cloud-based ERP, so there is no desktop application. Like Sage, it’s available on browser, but there are also dedicated iOS and Android apps.

How is Acumatica hosted?

Acumatica offers hosting services through Amazon Web Services (AWS). They allow private hosting, but it’s not recommended. Acumatica provides cloud services like software updates, application maintenance, and disaster recovery.

Takeaway

Both Sage Intacct and Acumatica ERP are excellent ERPs, but they cater to different parts of the market. If you are a medium to large business that primarily needs accounting and financial services, Sage Intacct is a good option. But if you’re a smaller business looking for a more holistic solution, Acumatica Cloud ERP is the better fit.

If you’re struggling to decide on an ERP, Confianz can help. We can help you figure out the solution for your company’s needs.

Get your Acumatica Implementation done by a trusted Acumatica Partner. Call us today and get started.

Read more on Different Acumatica Editions:

Acumatica Construction ERP is one of the top Cloud ERP applications in the market. It is the best construction ERP for large and small scale business.

Acumatica Distribution ERP is a cutting-edge distribution software that streamlines purchasing, order fulfillment, inventory tracking, and customer care. It is designed to meet the demands of the distribution industry.

Acumatica Manufacturing ERP software integrates with customer management, sales, inventory, and financials, providing real-time coordination of activities. Acumatica Manufacturing Edition helps manufacturers manage resources, reduce costs, and improve profitability.

Recommended Posts:

Talk to our experts now