Webinar Recap: Acumatica and Sage Intacct – Which ERP is Right for You?

The ERP world constantly changes, and businesses are often challenged to select the right tool that fits their unique needs. Our recent webinar comprehensively compared two leading ERP systems: Acumatica and Sage Intacct. The session aimed to concisely analyze each platform’s key features, benefits, and potential drawbacks.

By examining real-world use cases and expert insights, we wanted to equip you with the knowledge necessary to make an informed decision.  

But we understand that you can’t make it to each webinar. So, here is a quick webinar recap to help you identify the ERP solution that aligns with your business goals. 

The Benefits of Cloud-Based ERP 

Leveraging cloud-based ERP systems offers numerous advantages over outdated on-premises solutions. Here are a few key benefits we highlighted during our recent webinar: 

• Single Source of Truth: Cloud-based ERP integrates various business processes into a unified platform, ensuring consistent and accurate information access. This reduces errors and enhances collaboration. For example, the sales team can easily view inventory levels and customer order history from a single location. 
• Enhanced Visibility: These systems provide real-time visibility through dashboards and analytics, enabling performance monitoring and proactive decision-making. Improved forecasting and agility are also key benefits. 
• Automation of Processes: Routine tasks are automated, freeing up employee time and streamlining workflows. This minimizes errors. For instance, automated invoice processing accelerates accounts payable. 
• Cost Savings: Cloud-based ERP eliminates the need for extensive hardware investments and reduces maintenance expenses. Subscription-based pricing allows for affordable scaling. 
• Improved Processes and Customer Satisfaction: By unifying systems and introducing efficiencies, cloud-based ERP improves order fulfillment accuracy and speed, enhancing customer satisfaction and loyalty. For example, real-time tracking of production schedules ensures timely delivery. 

Ultimately, adopting cloud-based ERP systems to streamline operations, mitigate risks, significantly improve processes, and increase customer satisfaction. 

Tale of the Tape: Acumatica vs. Sage Intacct 

Our experts Katie and Frank provided concise overviews of Acumatica and Sage Intacct during the webinar. Here are a few key takeaways: 

Overview of Acumatica 

Acumatica offers true cloud deployment, built-in CRM, industry-specific editions, and exceptional scalability to meet the needs of growing businesses. It also provides customizable reporting and interactive dashboards, enabling users to gain valuable insights. Additionally, the platform features an ideas portal, allowing users to suggest and vote on new enhancements, ensuring continuous improvement and innovation. 

Overview of Sage Intacct 

Sage Intacct is a robust and pure cloud solution, known for its strong out-of-the-box reporting capabilities and versatile dimensions. It seamlessly integrates with popular platforms like Salesforce and HubSpot, ensuring smooth data flow and enhanced functionality. Additionally, users benefit from quarterly automatic upgrades, which continuously improve the system and add new features, making it a reliable choice for businesses seeking advanced financial management solutions. 

Key Feature Comparisons 

While there are a lot of similarities, both Acumatica and Sage Intacct differ in several ways. For example, Acumatica has industry-specific editions and built-in CRM capabilities, making it a versatile choice for businesses with unique needs. However, Sage Intacct emphasizes robust reporting and dimensions, providing in-depth financial insights.  

Both platforms offer dashboards, reporting, and AI capabilities such as invoice scanning and anomaly detection, which can streamline operations and enhance accuracy. Acumatica’s reporting is highly customizable, allowing businesses to tailor reports to their specific requirements. In contrast, Sage Intacct offers a wealth of pre-built reports, enabling faster deployment and ease of use. 

When it comes to pricing models, Acumatica uses a consumption-based pricing structure, which can be confusing as pricing depends on the business’s usage, but there is no restriction to users like traditional seat licensing. Conversely, Sage Intacct offers transparent pricing, providing clarity and predictability in costs based on license pricing. 

Both platforms have their strengths and can cater to different business needs, making it important to evaluate which one aligns best with your organizational goals and requirements. 

Implementation Considerations 

Before selecting an ERP system, businesses should consider their needs, budget, and resources. Here are a few key implementation considerations we discussed during the webinar: 

• Data Migration: Moving data from legacy systems to new solutions can be complex and time-consuming. It’s essential to plan for this process in advance and ensure thorough testing to avoid any issues. 
• Training and Support: Implementing a new system requires proper training and ongoing support to ensure its effective use and adoption. Businesses should consider the level of training and support offered by each vendor. 
• Scalability: As businesses grow, their ERP needs may change as well. It’s important to select a solution that can scale with your business and accommodate future growth. 
• Collaboration and Mobility: With remote work becoming more prevalent, businesses should consider a system that enables mobility and collaboration. Cloud-based solutions like Acumatica and Sage Intacct offer these capabilities. 

Our Hot Take 

Growth-focused businesses should look at the pricing for both Acumatica and Sage Intacct to see what they can get out of each system. While consumption-based pricing benefits aren’t always visible, you might be able to get all the functionality you need — at a lower rate — than Intacct. 

Any Questions About Acumatica and Sage Intacct? 

Cloud-based ERP solutions like Acumatica and Sage Intacct offer numerous benefits for businesses seeking to streamline operations, improve processes, and enhance customer satisfaction. While both platforms have their strengths and cater to different needs, companies must evaluate their specific requirements and goals before deciding. Implementation considerations such as data migration and training should also be considered to ensure a successful transition.  

Ultimately, selecting the right ERP system can significantly impact a business’s growth and success, making it a critical decision for any organization. So, businesses should carefully evaluate their options and select the platform that aligns best with their needs and goals. 

So, don’t wait any longer! Reach out to one of our BrainSell experts to help you evaluate your options and take advantage of the numerous benefits that cloud-based ERP systems have to offer. Your business’s growth and success may depend on it.