Managing a business’s finances is challenging, especially as the organization grows. Fortunately, there are many tools available to streamline the process and reduce the risk of errors. Two of the most well-known and used tools are Sage Intacct and QuickBooks.
While similar, these two programs have unique features that make them useful for different types of users. What’s the difference between Sage Intacct vs QuickBooks Enterprise? Let’s compare these two tools.
How Is Sage Intacct Different from QuickBooks?[RE2]
What’s the difference between Sage Intacct vs QuickBooks Online? While both have similar functions, these two platforms differ in many ways.
- Sage Intacct focuses primarily on business management. It offers billing tools to help owners manage their operations more efficiently.
- QuickBooks Online is an accounting platform that helps business owners manage their finances and bookkeeping tasks.
Sage Intacct offers advanced financial reporting tools as well as built-in workflow automation. It also supports multiple entities.
QuickBooks, on the other hand, focuses primarily on accounting tasks. Business owners can easily track their expenses and payments, generate invoices and manage their bills.
While both platforms help business owners manage their finances, the platforms have different features. Sage Intacct, for example, has more advanced reporting options and the ability to support multiple entities. These are two features that QuickBooks Online does not offer.
Additionally, QuickBooks has many integrations and apps that can expand its functionality. For example, you can use an app for cash flow for QuickBooks, which allows you to manage your cash flow and create forecasts using your QuickBooks data.
With QuickBooks Enterprise, you have the option of managing your inventory, storing vendor data, monitoring sales and more from one easy-to-use platform. You can also see your profits and losses at a glance, keep projects on budget and more.
QuickBooks and Sage Intacct both also allow you to accept payments via PayPal or a built-in payment processing system. Both systems have been around for decades, and they both offer a reliable way to manage accounting tasks at an entry-level. Both solutions also have free trials that allow business owners to take these solutions for a test drive.
Small businesses find that QuickBooks is the better option for them, whereas larger enterprises will typically have a bookkeeper or accountant handle these tasks for them.
The Monthly Cost of Sage Intacct
One big difference between Sage Intacct vs QuickBooks Enterprise is cost. Sage Intacct targets larger enterprises, so the cost is much higher compared to QuickBooks.
In fact, Sage Intacct’s pricing is quote-based.
- It’s estimated that a single user system with Sage Intacct can cost $15,000 per year or year, depending on the complexity of the business.
- Pricing for QuickBooks Online starts at just $30 per month. The QuickBooks Enterprise plan starts at $145 per month.
Compared to Sage Intacct, QuickBooks is the more affordable option.
However, for businesses that are continuing to grow, Sage Intacct is worth considering. Larger enterprises may eventually outgrow QuickBooks and will need a more robust solution like Sage Intacct for their financial management needs.
Is Sage Intacct Compatible with QuickBooks?
When comparing Sage Intacct vs QuickBooks Online, one important thing to consider is whether both platforms can work together.
Generally, no, Sage Intacct is not compatible with QuickBooks.
However, QuickBooks Time does integrate with Sage Intacct. Sage Intacct users can import their timesheets from QuickBooks Time to manage labor costs and invoicing.
QuickBooks And Sage Intacct Alternatives
After comparing QuickBooks Enterprise vs Sage Intacct, you may find that neither solution is a good fit for your business.
There are many alternative options for accounting and business management solutions, including:
- Xero
- NetSuite
- FreshBooks
- Wave Accounting
These alternatives are well-rated by users, although some are not as versatile as QuickBooks or Sage Intacct.
When going through alternatives, try and see if they offer a free trial that you and your team can begin using. Free trials allow you to demo a product and see if it’s a good fit for your company. Unfortunately, some platforms may have robust features, but they won’t integrate neatly into your current setup.
In Conclusion
Sage Intacct and QuickBooks are two of the most popular platforms for accounting and business management. Both are great options for businesses, although Sage Intacct is the better option for growing businesses.
