Sage Intacct
by Sage Intacct
by Sage Intacct
Profile Information Last updated on: 1 July 2024
Profile Information Last updated on: 1 July 2024
We help make selecting a software for your business effortless, economical and efficient.
by Sage Intacct
by Sage Intacct
Profile Information Last updated on: 1 July 2024
Profile Information Last updated on: 1 July 2024
The implementation process generally includes the following steps:
While a best-case scenario implementation can be completed in as little as 2 months, most successful implementations take around 90 days or 3 months. Larger or more complex implementations may take longer, up to 6 months in some cases. The cost of implementing Sage Intacct can vary widely depending on the specific needs of the organization but typically includes costs for data migration, integration, configuration, testing, training, and ongoing support. Working with an experienced Sage Intacct implementation partner is essential for determining accurate timelines and costs.
Customization Services
Customization Services allows users to make changes to standard data and objects within Sage Intacct. Some key customization options include:
Platform Services
Platform Services provides the same functionality as Customization Services, plus additional capabilities. With Platform Services, developers can:
Some example Platform Services applications include:
Other Customization Options
Sage Intacct also offers other ways to tailor the software:
By leveraging these customization features, businesses can create a Sage Intacct system that perfectly aligns with their unique processes, data requirements, and reporting needs. This level of flexibility helps organizations streamline operations, gain deeper insights, and drive growth.
There are several additional costs to consider when implementing Sage Intacct beyond the base subscription fees:
Implementation Costs
The implementation process typically takes 10-20 days and needs to be factored into the budget. More complex implementations can range from $25,000 to $60,000.
Data Migration Costs
Integration Costs
Integrating Sage Intacct with other systems like CRM, ERP, payroll, etc. may require additional work and costs. This could involve third-party tools or custom development.
Support and Maintenance Costs
Periodic updates or upgrades may come at an extra cost.
Other Potential Costs
It's important to work closely with Sage Intacct and the implementation partner to understand all potential costs upfront based on the specific needs of the organization. Providing a detailed list of requirements can help get an accurate quote.
While a best-case scenario implementation can be completed in as little as 2 months, most successful implementations take around 90 days or 3 months. Larger or more complex implementations may take longer, up to 6 months in some cases. The cost of implementing Sage Intacct can vary widely depending on the specific needs of the organization but typically includes costs for data migration, integration, configuration, testing, training, and ongoing support. Working with an experienced Sage Intacct implementation partner is essential for determining accurate timelines and costs.
Customization Services
Customization Services allows users to make changes to standard data and objects within Sage Intacct. Some key customization options include:
Platform Services
Platform Services provides the same functionality as Customization Services, plus additional capabilities. With Platform Services, developers can:
Some example Platform Services applications include:
Other Customization Options
Sage Intacct also offers other ways to tailor the software:
By leveraging these customization features, businesses can create a Sage Intacct system that perfectly aligns with their unique processes, data requirements, and reporting needs. This level of flexibility helps organizations streamline operations, gain deeper insights, and drive growth.
There are several additional costs to consider when implementing Sage Intacct beyond the base subscription fees:
Implementation Costs
The implementation process typically takes 10-20 days and needs to be factored into the budget. More complex implementations can range from $25,000 to $60,000.
Data Migration Costs
Integration Costs
Integrating Sage Intacct with other systems like CRM, ERP, payroll, etc. may require additional work and costs. This could involve third-party tools or custom development.
Support and Maintenance Costs
Periodic updates or upgrades may come at an extra cost.
Other Potential Costs
It's important to work closely with Sage Intacct and the implementation partner to understand all potential costs upfront based on the specific needs of the organization. Providing a detailed list of requirements can help get an accurate quote.
Sage Intacct offers comprehensive training and support options to help new users get up to speed quickly:
Training
Implementation Support
Ongoing Support
The combination of comprehensive training, expert implementation guidance, and ongoing support helps ensure Sage Intacct users can quickly become proficient and drive value for their organization. The training is designed to fit the needs of both new and experienced users.
Sage Intacct employs robust security measures to protect customer data across physical, network, application, and data layers:
Physical Security
Network and System Security
Application Security
Data Security and Backup
Ongoing Monitoring and Compliance
By leveraging these comprehensive security measures, Sage Intacct helps ensure customer data is protected from both external and internal threats. The combination of physical, network, application, and data safeguards provides a robust defense in depth approach.
Sage Intacct releases major updates 4 times per year, with an average of 50 new features per release. These updates are automatically applied to the cloud-based software, ensuring all users are always on the latest version without any manual intervention.Some key points about Sage Intacct's release schedule and update process:
By delivering 4 major updates per year with an average of 50 new features each time, Sage Intacct ensures its customers always have access to the latest functionality and capabilities. The automatic, seamless update process is a key advantage of the cloud-based architecture.
Sage Intacct's policy on data ownership and portability is as follows:
Data Ownership
Data Portability
There are two main strategies for scaling an organization's data infrastructure up or down as needs change: scaling up (vertical scaling) and scaling out (horizontal scaling).
Scaling Up (Vertical Scaling)
Scaling up involves adding more resources like memory, CPU cores, or storage capacity to a single server or system. The goal is to improve the performance of a single system to handle larger workloads.Key characteristics of scaling up:
Scaling Out (Horizontal Scaling)
Scaling out involves adding more servers, storage devices, or other resources to a network to increase capacity and handle more workloads. It's ideal for applications that can be easily distributed across multiple systems like web servers or file storage.Key characteristics of scaling out:
The choice between scaling up or scaling out depends on the organization's specific goals and requirements. Scaling up can provide a quick performance boost to mission-critical systems while scaling out enables handling larger overall workloads and provides redundancy. Seagate's Exos storage systems are designed to support both scaling up and scaling out, offering high-density, high-performance storage that can scale as needed. The flexibility to scale in either direction allows organizations to build resilient, future-proof data infrastructure to support evolving business needs.
Contract Renewal
Contract Cancellation
By delivering 4 major updates per year with an average of 50 new features each time, Sage Intacct ensures its customers always have access to the latest functionality and capabilities. The automatic, seamless update process is a key advantage of the cloud-based architecture.
Sage Intacct's policy on data ownership and portability is as follows:
Data Ownership
Data Portability
There are two main strategies for scaling an organization's data infrastructure up or down as needs change: scaling up (vertical scaling) and scaling out (horizontal scaling).
Scaling Up (Vertical Scaling)
Scaling up involves adding more resources like memory, CPU cores, or storage capacity to a single server or system. The goal is to improve the performance of a single system to handle larger workloads.Key characteristics of scaling up:
Scaling Out (Horizontal Scaling)
Scaling out involves adding more servers, storage devices, or other resources to a network to increase capacity and handle more workloads. It's ideal for applications that can be easily distributed across multiple systems like web servers or file storage.Key characteristics of scaling out:
The choice between scaling up or scaling out depends on the organization's specific goals and requirements. Scaling up can provide a quick performance boost to mission-critical systems while scaling out enables handling larger overall workloads and provides redundancy. Seagate's Exos storage systems are designed to support both scaling up and scaling out, offering high-density, high-performance storage that can scale as needed. The flexibility to scale in either direction allows organizations to build resilient, future-proof data infrastructure to support evolving business needs.
Contract Renewal
Contract Cancellation
Sage Intacct meets several key compliance standards to help organizations adhere to regulations and protect sensitive data:
ASC 606 and IFRS 15
Sage Intacct's flexibility and configurability helps companies navigate the complexities of ASC 606 (Revenue from Contracts with Customers) and IFRS 15 to achieve ongoing compliance. The software includes prebuilt compliance reports and dashboards to streamline reporting.
HIPAA
Sage Intacct has features to meet HIPAA requirements for protecting electronic protected health information (ePHI), including the Advanced Audit Trail and other measures required for "compliant" status. This allows healthcare organizations to securely manage financial data.
FASB 958
Non-profit organizations can leverage Sage Intacct's tools to meet Financial Accounting Standards Board (FASB) 958 reporting guidelines, such as prebuilt compliance reports and dashboards.
SOC 1, SOC 2, PCI-DSS
Sage Intacct's data centers are certified compliant with SOC 1 Type II, SOC 2 Type II, and PCI-DSS Level 1 standards, demonstrating robust security controls. These certifications, combined with regular penetration testing, assure that financial data is secure.
GDPR
The software is designed to comply with the European Union's General Data Protection Regulation (GDPR) to protect personal data.
Sarbanes-Oxley (SOX)
While not a covered entity, Sage Intacct incorporates many SOX compliance best practices, such as role-based access controls, audit trails, approvals workflows, and integration security. This promotes strong internal controls and streamlines audits.By meeting these compliance standards, Sage Intacct helps organizations in various industries, including healthcare, non-profits, and publicly-traded companies, adhere to regulations and maintain the integrity of their financial data. The software's built-in compliance features and certifications provide a strong foundation for organizations to build upon as they scale and mature.
By Sage Intacct