Sage Intacct vs Synder
Last Updated:Our analysts compared Sage Intacct vs Synder based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
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Product Insights
- Data Analysis: Offers robust reporting tools. It enables users to track metrics across various locations and provides easy-to-view custom reports and dashboards.
- Visibility: The program’s visualization tools are customizable so that users can adjust what they see based on individualized needs. Visualization methods include graphs, charts and tables. This feature can alleviate the amount of time that employees spend combing through data to gain actionable insights.
- Process Control: Gives users control over a wide variety of tasks associated with financial management. It provides visualization of cash flow, automates processes based on user-inputted requirements and lets users develop their own configurable dashboards.
- Integration: Offers integration with platforms such as Salesforce and Avalara to increase the usability of the program. Pre-built connections are available through the Sage Intacct Marketplace, and custom connections can also be deployed to further personalize the solution.
- Accessibility: Available for deployment both in-cloud and on-premise. These diverse installation methods make the program accessible to a variety of users and companies that have different needs.
- Time Efficiency: Synder automates repetitive accounting tasks, freeing up valuable time for your team to focus on strategic financial planning and analysis.
- Accuracy Improvement: By minimizing manual data entry, Synder reduces the risk of human error, ensuring your financial records are precise and reliable.
- Real-Time Insights: With Synder, you gain immediate access to up-to-date financial data, enabling informed decision-making and agile business responses.
- Seamless Integration: Synder connects effortlessly with popular platforms like QuickBooks and Xero, streamlining your workflow and maintaining data consistency across systems.
- Enhanced Cash Flow Management: By providing a clear view of your financial transactions, Synder helps you manage cash flow more effectively, ensuring liquidity and operational stability.
- Scalability: As your business grows, Synder scales with you, accommodating increased transaction volumes without compromising performance or accuracy.
- Compliance Assurance: Synder helps maintain compliance with financial regulations by keeping detailed and organized records, simplifying audits and reporting.
- Cost Reduction: By automating accounting processes, Synder reduces the need for extensive manual labor, lowering operational costs and increasing profitability.
- Data Security: Synder employs robust security measures to protect sensitive financial information, giving you peace of mind about data privacy and integrity.
- Customizable Reporting: Generate tailored financial reports that meet your specific business needs, providing insights that drive strategic growth and efficiency.
- Improved Collaboration: Synder facilitates better communication and collaboration among team members by providing a centralized platform for financial data access and management.
- Enhanced Customer Experience: By streamlining billing and payment processes, Synder improves customer satisfaction and strengthens client relationships.
- Reduced Reconciliation Time: Synder simplifies the reconciliation process by automatically matching transactions, saving time and reducing discrepancies.
- Multi-Currency Support: Manage international transactions effortlessly with Synder's multi-currency capabilities, expanding your business's global reach.
- Environmental Impact: By digitizing financial processes, Synder reduces paper usage, contributing to a more sustainable and eco-friendly business operation.
- General Ledger: Contains pre-built dimensions such as customer, location, department, warehouse and class. It also allows users to add their own dimensions. Required dimension values can be inputted so that certain values are mandatory for entries to post to designated accounts.
- Accounts Payable: This feature lets users set spending limits and define workflows and approvals. Users can easily view AP liabilities as well as check and bill register reports in real time. Users can automate ACH, check and credit card payments through the Vendor Payment Services function, which is built on the American Express Global Commercial Services infrastructure.
- Accounts Receivable: The program enables customers to generate recurring invoices and to attach customer information to transactions. It integrates with other business processes to centralize sales orders, quotes and invoices. Configurable dashboards and other visualizations are included in this function and allow users to look at data points such as deferred revenue and customer aging.
- Purchasing: Allows users to analyze costs and monitor budget vs. actual information through dashboards and reporting tools. These dashboards are role-based for security and ease of access and also contain budget performance information, price break monitoring and purchase quote functionality. The feature gives users more control over the entirety of the procure-to-pay process.
- Order Management: Users can leverage point-and-click functionality to set up individualized workflows and pricing requirements in the order management system. The program can be easily connected to Salesforce CRM, which allows users to share order status and pricing data across a business and reduce duplicate data entry. The solution includes sales tax and regulatory compliance through integration with Avalara. Order fulfillment rates, inventory quantities and sales data can be viewed in real time through this feature.
- Cash Management: Includes a live view of funds and cash flows through all associated credit cards, savings accounts and checking accounts. The management of cash across multiple locations is also supported. The system enables the application of payments to accounts that aren’t associated with an invoice and the recording of POS payments that aren’t connected to a specific customer.
- Reporting and Dashboards: This program can track both financial and operational data such as SaaS metrics, machine availability, etc. The system also has the ability to discover trends, drill down to source transactions and look at roll-up figures for multiple locations or entities. The solution includes more than 150 financial reports along with the ability to develop customized reports based on business needs.
- Digital Board Book: Produces metrics such as Annual or Monthly Recurring Revenue (ARR or MRR), churn, Committed Monthly Recurring Revenue (CMRR), Customer Acquisition Cost (CAC) and Customer Lifetime Value (CLTV). This analysis is conducted in real time using transactional data obtained from Sage Intacct and Salesforce.
- Automated Data Synchronization: Seamlessly integrates with platforms like Shopify, Stripe, and PayPal to automatically sync transaction data into your accounting software.
- Multi-Currency Support: Handles transactions in various currencies, automatically converting them to your home currency using up-to-date exchange rates.
- Detailed Transaction Categorization: Offers advanced rules to categorize transactions accurately, ensuring your financial records are organized and precise.
- Comprehensive Reporting: Generates detailed financial reports, including profit and loss statements, to provide insights into your business's financial health.
- Sales Tax Management: Automatically calculates and records sales tax for each transaction, simplifying tax compliance and reporting.
- Customizable Invoicing: Allows you to create and send professional invoices tailored to your brand, with options for recurring billing.
- Real-Time Inventory Tracking: Monitors inventory levels across multiple sales channels, helping you manage stock efficiently and avoid overselling.
- Secure Data Handling: Employs robust security measures, including encryption and secure data storage, to protect sensitive financial information.
- Bank Reconciliation: Facilitates easy reconciliation of bank statements with accounting records, reducing errors and ensuring accuracy.
- Flexible Payment Options: Supports various payment methods, including credit cards and ACH transfers, to accommodate customer preferences.
- Advanced User Permissions: Provides customizable access controls, allowing you to assign specific roles and permissions to team members.
- Comprehensive Audit Trail: Maintains a detailed log of all transactions and changes, ensuring transparency and accountability in financial management.
- Seamless Integration with Accounting Software: Works smoothly with popular accounting platforms like QuickBooks and Xero, enhancing your existing financial workflows.
- Custom Rule Creation: Enables you to set up personalized rules for transaction categorization and processing, tailoring the system to your business needs.
- 24/7 Customer Support: Offers round-the-clock assistance through various channels, ensuring you receive help whenever needed.
Product Ranking
#9
among all
Accounting Software
#59
among all
Accounting Software
Analyst Rating Summary
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User Sentiment Summary
2342 reviews
240 reviews
Sage Intacct has a 'great' User Satisfaction Rating of 86% when considering 2342 user reviews from 5 recognized software review sites.
Synder has a 'excellent' User Satisfaction Rating of 96% when considering 240 user reviews from 1 recognized software review sites.
Awards
SelectHub research analysts have evaluated Sage Intacct and concluded it earns best-in-class honors for Inventory Management and Reporting and Analytics.
Synder stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
Sage Intacct user reviews paint a picture of a powerful, customizable accounting software ideal for mid-sized, growing businesses. Users praise its real-time reporting, cloud-based accessibility, and ability to handle complex financial structures. Compared to competitors, Intacct shines in scalability and customization, effortlessly adapting to multi-entity operations and unique accounting needs. This agility is crucial for dynamic businesses operating in diverse markets. However, its strengths come with caveats. Intacct's feature-rich nature can be daunting for beginners, requiring dedicated training and technical know-how. Additionally, its subscription-based pricing can be prohibitive for smaller companies or those with simpler accounting requirements. The limited mobile functionality and lack of built-in payroll are also shortcomings some users find frustrating. Overall, Sage Intacct earns its positive reviews by empowering businesses with robust functionalities and seamless scalability. However, its complexity and premium cost may leave smaller players or those needing basic accounting solutions searching for a more accessible, budget-friendly alternative.
Is Synder accounting software really all it's cracked up to be? User reviews from the past year suggest that Synder excels at simplifying complex accounting tasks, particularly for businesses with a high volume of online transactions. Users rave about its ability to automate transaction data import from popular platforms like Stripe, Square, and PayPal, eliminating the need for manual entry and reducing the risk of errors. This feature is particularly valuable for businesses that process a large number of transactions, as it saves significant time and effort. However, some users have reported occasional glitches and display issues when using certain browsers. While Synder integrates seamlessly with accounting software like QuickBooks and Xero, some users have expressed a desire for broader native integration with other business tools. Despite these minor drawbacks, Synder is highly regarded for its intuitive interface, robust features, and responsive customer support. Synder is best suited for businesses heavily reliant on e-commerce and online payment platforms. Its automation capabilities, accurate reconciliation features, and support for multiple payment gateways make it an invaluable tool for streamlining financial operations and ensuring accurate bookkeeping. Synder is a game-changer for businesses looking to simplify their accounting processes and gain better control over their financial data.
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