So… should you upgrade to Sage 200 or upgrade to Sage Intacct?
Now you know the main benefits of each software package, it might be worth delving into the different strengths that each of the solutions.
Although Sage 200 and Intacct have some overlapping qualities, the two programmes do have different areas of strength when it comes to verticals. Here’s some food for thought on the differences between Sage 200 and Sage Intacct to help you decide which is the best fit for your company.
Cloud vs On-Premises
If Cloud is a must have for you then Sage Intacct is probably your best option, being a born and bred Cloud solution. Despite there being a fully cloud version of Sage 200, it doesn’t have the full range of capabilities as the hosted or on-premises edition (yet).
Sage 200’s strengths lie in manufacturing and any industries with a heavy stock or building component, whilst Sage Intacct is most suitable for businesses within Financial Services, Software and Saas, Not for Profit, Professional Services and Healthcare industries.
Integrated Solution vs ERP
Sage Intacct allows you to pick the best tool for the job and then integrate data seamlessly and in real-time using APIs, whilst Sage 200 incorporates CRM and the full-back office, but the modules all sit within the core Sage 200 system and are fully integrated – more of an ERP style.
Whilst both software solutions allow consolidation, businesses managing large numbers of companies will reap the benefits of Sage Intacct and its excellent intercompany journal capabilities. If you wish to consolidate numerous companies with various base currencies, then Sage Intacct is certainly the right option! Though, Sage 200 does also offer some good intercompany functionality, especially if you do a great deal of intercompany invoicing or need to feed stock through.
Multi Legislation & Multi-Currency
If you have a US/AU company, then Sage Intacct may be a better fit with its prebuilt tax structures and integrations with Avalara/Avatax. Whilst Sage 200 can support different base legislations, it’s not set up to support any other tax legislations.