In this comparison, we’re taking a closer look at two top solutions: Sage Intacct and SAP Business One. We aim to use our hands-on experience to provide a clear and concise review of these products to help you make an informed decision.
Sage Intacct is a cloud-based GAAP compliant financial management software system that’s designed for SMBs and mid-market companies. This software is most suited for the professional services, nonprofit, retail, and healthcare industries.
Sage Intacct delivers powerful multi-dimensional reporting capabilities and project accounting with timesheets. Its scalability for multi-entity support and user growth is impressive. However, it lacks a mobile app for on-the-go use. A few features like budgeting and interactive reporting modules come at an added cost.
SAP Business One is a comprehensive business management solution designed for small to midsize companies seeking an ERP solution. It offers integrated departmental support for finance, sales, supply chain management, production, project management, and production processes.
SAP Business One provides highly customizable reports, multi-currency/multi-language support, and native iOS and Android apps. However, SAP Business One falls short in areas like the absence of a payroll module and a limited chart of accounts.
After extensive analysis, our editorial team found that Sage Intacct might be a better choice for most businesses. The focus on financial management, coupled with scalable multi-entity support, makes it a versatile solution for a wide range of industries. Although some features come at an extra cost, the core functionalities can justify the investment.
However, if your business requires a comprehensive, all-in-one ERP solution, SAP Business One could be a better fit. It’s a more complex system with a steeper learning curve but offers a broader range of functionalities.
To explore more options, check out our roundup of the best ERP software.