Cloud accounting software industry leaders include both Sage Intacct and Intuit’s QuickBooks Online. There are notable distinctions between Sage Intacct and Intuit’s QuickBooks Online and different target markets for each software. Sage Intacct is more expensive than Quickbooks but has more sophisticated automation and accounting functions. The needs and resources of your company’s finances should guide your decision on an appropriate accounting system.
Small companies, sole proprietors, and new ventures often choose QuickBooks Online from Intuit since it is a Cloud-based accounting solution. The foundational QuickBooks offerings are Simple Start, Essentials, and QuickBooks Online Plus.
Sage Intacct is an enterprise resource planning (ERP) and cloud-based accounting system popular among more significant small and medium-sized organizations. Sage Intacct is built on a modular architecture that allows you to choose the features you need as your organization grows.
This post compares and contrasts two popular cloud-based accounting applications: Sage Intacct and QuickBooks Online. On-premise desktop solutions for accounting software are also available from companies like Sage and Intuit.
Advantages Of Using Quickbooks
QuickBooks is widely recognized as the industry standard accounting solution for small and medium-sized enterprises, and a good reason. Think about the 650+ integrations, user-friendly layout, and advanced reporting features. Add-on modules are available for companies that would instead not use an external tool to manage payroll and time.
QuickBooks is scalable in features and cost, so you can feel confident using it whether you are a sole proprietor or a small firm with big plans. QuickBooks allows up to 25 users for as little as $25 per month. In addition, additional Intuit products, like Point of Sale, may be integrated for full-circle financial management.
Many of the functions of the desktop program, such as billing and expense reporting, are now accessible on a mobile app. Therefore, whether you work remotely or in a decentralized office, QuickBooks is an excellent choice.
Why You Should Use Sage Intacct When
Sage Intacct’s flexibility is its greatest strength over QuickBooks. The Sage Intacct Marketplace allows for interfaces with other platforms, and the software comes with six preconfigured modules from which to pick based on your needs. These modules include accounting, dashboards, reporting, billing, budgeting, and planning.
The program is thus more costly than QuickBooks, although pricing may be adjusted to suit individual requirements. And if expansion is a priority, Sage Intacct can help you get there faster. Multi-location or multi-entity businesses may find this especially useful. Regardless of your company is location, the software can convert between different currencies and adapt to different user roles.
Conclusion
In a conventional business setup, QuickBooks Desktop and Sage are installed on a fixed office computer, limiting the degree to which they may be accessed remotely.
When you use Summit Hosting to host your accounting software in the cloud, you can access Sage or QuickBooks from any location or device and use it just as you would on your office computer. To get the most out of the QuickBooks or Sage accounting software, consider moving it to a cloud-hosted environment where you may connect any third-party apps you need.