There are many Sage Intacct alternatives for medium and large-sized businesses, and it is worthwhile to search through them to find the solution that fits your company best.
As businesses grow beyond small-business finance and accounting software solutions like Xero, QuickBooks, and Sage 50, they must look to upgrade to a more comprehensive solution. Enterprise resource planning (ERP) solutions are the next step up.
Sage Intacct can seem like an easy switch, especially if the company was previously on Sage 50. However, Sage Intacct has limitations that could make it an inadequate option for many businesses.
Sage Intacct meets the requirements for a base finance and accounting software solution by providing features for purchase orders, accounts payable and receivable, bank reconciliation, and financial reporting. However, many additional features are only available through modules that require their own licensing fees. These include project accounting, multi-currency, inventory management, and budgeting.
Another limitation is Sage Intacct’s use of third-party support and implementation teams. This can create communication issues and data silos, which can slow down customer support and implementations.
Its pricing structure is another limitation for its buyers. With an unclear pricing plan and additional costs for essential modules, its buyers can have a hard time understanding how much it will cost them.
With a single language option, Sage Intacct also does not support international businesses that need to operate in multiple languages.
Sage Intacct also has mediocre optical character recognition (OCR), which slows down processes.
Finally, it can require buyers to sign multi-year contracts, which lock them into a single product that may or may not work for their company.
There are many alternatives to Sage Intacct, but most contain similar limitations. Xledger, however, is a leading cloud-based composable ERP that focuses on providing the best solution to its customers.
Xledger covers all the basic accounting and finance functions that Sage Intacct does, and it also overcomes Sage Intacct’s limitations.
Where Sage Intacct requires additional, costly modules for a growing business, Xledger encourages growth by providing all its features through a single purchase. This keeps the pricing transparent and clear for potential buyers.
Xledger maintains guaranteed expert, in-house teams for both customer support and implementation. Because these teams are experts in Xledger, finances, and accounting, customers can trust that they are receiving the best assistance and guidance possible.
Xledger also has multi-language capabilities, which set it apart from Sage Intacct. With multi-language and multi-currency options, Xledger can truly scale with businesses that grow internationally.
Xledger goes beyond the basic OCR of Sage Intacct. Since Xledger has been utilizing and perfecting its OCR capabilities for many years, its efficiency is years ahead of Sage Intacct’s OCR.
The shift from small-business accounting software or on-premise ERP is one of the most impactful decisions that businesses can make. Finding the solution that suits your present and future needs can boost your business’ success exponentially.
The wrong finance and accounting software can hold your business back, so choose Xledger, the best-in-class solution. The comparison between Sage Intacct and Xledger shows that Xledger, as a cloud-based, composable ERP, is the perfect fit for any growing business.
Learn more about Xledger by booking a personalized, one-on-one demo.
Sage Intacct and Xledger are two accounting and finance software solutions designed to streamline financial management processes, but there are key differences between them. While both aim at making a business more efficient, Xledger offers key advantages that make it an ideal solution for organizations seeking a more comprehensive and customer-focused solution.
Licensing fees make up a large portion of hidden costs in Enterprise Resource Planning (ERP) solutions because their pricing structure can be difficult to understand and navigate.
Colorado Springs, October 18, 2023 – Xledger Inc., a leading global provider of cloud-based Accounting and Financial Management Software, is thrilled to announce the appointment of Mr. Allan Lamar as its new Chief Executive Officer. Following an extensive and rigorous search process, Mr. Lamar will succeed Mr. Nathan McCann, who decided to step down to focus on his sons’ businesses. Mr. Lamar is set to take the reins in November 2023.