Comparing cloud-based accounting software can be tricky. It's hard to know where to start, what to compare, and how to find the best fit for your business. In this article, we'll take a close look at two of the leading cloud-based accounting software options on the market today: Sage Intacct and Oracle. We'll compare and contrast their features, functionality, and pricing in order to help you make the best decision for your business.

Features

When it comes to features, both Sage Intacct and Oracle offer a comprehensive set of tools for managing your finances. However, there are a few key differences that are worth noting. First, Sage Intacct offers multi-dimensional accounting, which allows you to track and report on financial data using multiple criteria. For example, you can track revenue by product, by region, or by customer type. This can be a valuable tool for businesses that sell multiple products or operate in multiple locations. Oracle, on the other hand, does not offer multi-dimensional accounting. Instead, it offers a more traditional approach to financial reporting.

Another key difference between the two software options is that Sage Intacct offers built-in project accounting features. This can be a valuable tool for businesses that need to track project-related expenses. Oracle does not offer built-in project accounting features, but it does offer an add-on module that can be purchased separately. This module is called Oracle Project Accounting and it provides similar functionality to Sage Intacct's project accounting features.

Functionality

When it comes to functionality, both Sage Intacct and Oracle offer a robust set of tools for managing your finances. However, there are a few key differences that are worth noting. First, Sage Intacct offers multi-dimensional accounting, which allows you to track and report on financial data using multiple criteria. For example, you can track revenue by product, by region, or by customer type. This can be a valuable tool for businesses that sell multiple products or operate in multiple locations. Oracle, on the other hand, does not offer multi-dimensional accounting. Instead, it offers a more traditional approach to financial reporting.

Another key difference between the two software options is that Sage Intacct offers built-in project accounting features. This can be a valuable tool for businesses that need to track project-related expenses. Oracle does not offer built-in project accounting features, but it does offer an add-on module that can be purchased separately. This module is called Oracle Project Accounting and it provides similar functionality to Sage Intacct's project accounting features.

Pricing

When it comes to pricing, both Sage Intacct and Oracle offer a variety of subscription options to choose from. Sage Intacct's pricing is based on the number of users, while Oracle's pricing is based on the number of transactions. Both software options offer a free trial, so you can try before you buy. Sage Intacct also offers a discount for businesses that prepay for their subscription.

Overall, Sage Intacct is a more affordable option for businesses that have a limited number of users. Oracle is a more expensive option, but it may be a better fit for businesses that have a high volume of transactions. Ultimately, the best way to decide which software option is right for your business is to take advantage of the free trials offered by both companies and see which one works better for your needs.