Sage 200 and Sage Intacct are two very different products but they do have some overlapping qualities. This blog provides you with some top-level guidance on the key differences between Sage 200 and Sage Intacct.
What is the Difference between Sage 200 and Sage Intacct?
Sage 200 vs Sage Intacct
Sage has two products in the UK targeted at the small to medium business market, these are Sage 200 and Sage Intacct. Both Sage products have won awards and are market leading accounting software solutions in their own right, however there are differences between Sage Intacct and Sage 200.
What is Sage 200 and what is Sage Intacct?
Sage 200 was developed in the UK and is a set of accountancy and management products developed by Sage Group aimed at small to medium businesses. Sage 200 is designed to be a highly customisable and scalable product. Sage 200 was initially launched under the product name MMS, it was then rebranded as Sage 200 before being known today as Sage 200cloud.
Sage Intacct was developed in the USA as a Cloud-based Financial Management solution and is now available in the UK, Canada, South Africa and Australia. The software was initially developed by Intacct Corporation in 1999 and it was acquired by Sage in 2017.
What Modules And Features Are Available In Sage 200 and Sage Intacct?
Both Sage 200 and Sage Intacct have a range of modules that you can add once you have purchased the core financial system, however these modules are different in both products and have different features.
Sage 200 Modules
- Project Accounting
- Manufacturing (3rd Party)
- Bill of Materials
- Business Intelligence
- Sage CRM
Click the link for detailed information and a product tour detailing the features available in Sage 200.
Sage Intact Modules
- Core Financials
- Contract Billing & Subscriptions software
- Fixed Assets
- Project accounting
- Time Sheet Entry and Expense Management
- Full Multi-currency
- Multi-entity and global consolidations
- Vendor payment services
- Inventory Management
- Salesforce CRM Integration
- Revenue recognition
- Spend Management
Click the link for detailed information and a product tour detailing the features available in Sage Intacct.
What Industry Strengths Does Sage 200 and Sage Intacct Have?
Both solutions have similar core financials functionality and are popular across many industries, but their range of modules they offer make them appeal to certain industries. Sage Intacct has a strong following in Financial Services, Professional Services, Not for Profit and SaaS.
Sage 200 also has a strong following across all industries but is especially popular with companies who Manage Stock or who are in Manufacturing.
WATCH THE VIDEO: Here are some of the top 5 reasons why businesses should upgrade to Sage Intacct
Key Strengths of Sage 200 and Sage Intacct
Some of the key strengths of Sage 200 includes its ability to integrate with other Sage products, such as Sage Payroll, Sage Pay and Sage CRM. Another key strength of Sage 200 is the large amount of add-ons developed for the accounts software making the system more flexible and a better fit around your company’s accounting and ERP requirements, these can be found in the Sage Marketplace.
Sage Intacct has many key strength’s and has won many awards and was voted best in its class by Gartner. One of its main key strength is its ability to handle Multi Legislation and Multi Currencies. The system also has a wide range of additional modules, such as its ability to integrate with Salesforce.
What Database Does Sage 200 and Sage Intacct Use?
Both Sage 200 and Sage Intacct appeal to many companies because of their ability to handle large amounts of data. Sage 200 uses Microsoft SQL whilst Sage Intacct uses Oracle.
Organise a Demo with X3 Consulting
Call us today to discuss migrating from your current Sage 50, Sage 200, Sage 300 to Sage Intacct for your company on 0845 094 3885 or email us at email@example.com. Our consultants will be able to provide full costings or payment plan for your business under our new ‘Buy it your way’ option.