Sage Intacct, Inc.
Headquarters
Atlanta, GAFounded
1999CEO / Founder
Marc LindenEmployees
1001-5000Funding
AcquiredProducts
1 product listedAvg. AI Score
8.0/10Website
sage.com/
Profile updated
About Sage Intacct, Inc.
Sage Intacct, Inc. is a provider of cloud-based accounting and financial management software headquartered in Atlanta, Georgia. The company was founded in 1999 by David Thomas and Odysseas Tsatalos in San Jose, California, and was acquired by The Sage Group plc in 2017 for approximately $850 million. It operates as a subsidiary of Sage Group, a UK-based business software company.
Sage Intacct's core product is a cloud-native financial management platform that includes modules for general ledger, accounts payable, accounts receivable, cash management, order management, and multi-entity consolidation. The platform is used primarily by mid-market companies in sectors such as nonprofits, professional services, healthcare, and software. It holds the status of preferred provider of the American Institute of CPAs (AICPA) for financial management software.
Prior to its acquisition, Sage Intacct had raised venture funding from investors including Emergence Capital Partners and Bessemer Venture Partners. Following the $850 million acquisition by Sage Group in 2017, the product has been positioned as Sage's primary cloud accounting offering for mid-market customers in North America. The company has grown its headcount and product capabilities substantially under Sage Group ownership.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
Products by Sage Intacct, Inc.
All products by Sage Intacct, Inc. reviewed by our AI panel of experts.
How Our Review Panel Scores Sage Intacct, Inc.
Six independent reviewer personalities assessed Sage Intacct, Inc.'s product on their own terms. They disagreed by 1.2 points — The Finance Lead was the hardest to convince, The Domain Strategist the most positive.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Competitive Landscape
Who Sage Intacct, Inc. competes with, and how they differ.
Oracle NetSuite is a broader all-in-one cloud ERP (financials, inventory, CRM, e-commerce) built for higher-growth, multi-subsidiary businesses -- a heavier, more customizable system than Sage Intacct's finance-first, dimensional-GL focus.
QuickBooks Online Advanced serves smaller businesses with simpler multi-entity needs at a fraction of Sage Intacct's price, but lacks Sage Intacct's native multi-entity consolidation and audit-trail depth needed once finance teams scale past roughly $20M revenue.
1 product reviewed on TopReviewedCompetes for the same mid-market multi-entity buyer, differentiating through deep Microsoft 365/Power Platform integration and per-named-user licensing rather than Sage Intacct's dimensional GL and nonprofit/professional-services vertical depth.
A cloud ERP sold on consumption-based, unlimited-user pricing rather than per-user licensing; frequently shortlisted against Sage Intacct by mid-market services and multi-entity organizations comparing total cost of ownership.
Company Timeline
Key milestones in Sage Intacct, Inc.'s history, with sources.
- Milestone
Sage unveils Sage Copilot generative AI assistant
Sage announced Sage Copilot, a generative AI-powered assistant for Sage Business Cloud (including Sage Intacct), ahead of its Sage Transform 2024 conference; general rollout to Sage Intacct followed through 2024-2025.
sage.com - Launch
Sage Intacct launches in Australia
Sage brought Sage Intacct to Australia, its first market outside the US, sold through eight certified local implementation partners.
cpapracticeadvisor.com - Acquisition
The Sage Group acquires Intacct for $850M
Sage Group plc (LSE:SGE) acquired Intacct Corporation in a cash-and-stock deal worth $850M ($807M cash, $43M in rolled-over stock options), rebranding the product as Sage Intacct.
techcrunch.com - Funding
Intacct raises $45M ($30M Series G + $15M debt)
Intacct raised $45M in equity and debt (a $30M Series G round led by Battery Ventures plus a $15M Silicon Valley Bank debt facility), bringing total raised since 1999 to $135M; this was its final funding round before the Sage acquisition.
techcrunch.com - Funding
Intacct raises $10M Series A led by Hummer Winblad
Intacct closed a $10M Series A round led by Hummer Winblad Venture Partners, roughly a year after founding.
en.wikipedia.org - Founded
Intacct founded in San Jose, California
Odysseas Tsatalos and David Chandler Thomas founded Intacct as one of the first cloud-native accounting applications.
en.wikipedia.org
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