Software Alternatives, Accelerators & Startups

OpenWater VS Sage Intacct

Compare OpenWater VS Sage Intacct and see what are their differences

OpenWater logo OpenWater

OpenWater is an awards management software platform that automates, manages, and grows awards programs big and small.

Sage Intacct logo Sage Intacct

Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.
  • OpenWater Landing page
    Landing page //
    2021-10-21
  • Sage Intacct Landing page
    Landing page //
    2023-08-17

OpenWater features and specs

  • Comprehensive Solution
    OpenWater provides a wide range of features including awards management, grants management, conference and abstract management, etc., making it a versatile tool for different organizational needs.
  • Customizability
    The platform offers extensive customization options, allowing users to tailor the software to meet their specific requirements.
  • Integration Capabilities
    OpenWater can integrate with various third-party applications such as CRM systems, payment gateways, and email marketing services, enhancing its utility.
  • User-Friendly Interface
    The intuitive, user-friendly interface helps users to navigate through the platform easily, reducing the learning curve.
  • Customer Support
    OpenWater offers robust customer support including training sessions, helping users to resolve issues and optimize their use of the platform.
  • Scalability
    The platform is scalable and can handle the needs of both small organizations and large enterprises efficiently.
  • Virtual Session Portal
  • Live Stream Sessions
  • Conference Session Manager
  • AMS / CRM Integrations

Possible disadvantages of OpenWater

  • Cost
    OpenWater can be relatively expensive compared to some other solutions, making it potentially less accessible for smaller organizations or those with limited budgets.
  • Complexity
    Given its extensive features, the platform can be complex to set up and manage, requiring a significant time investment for initial configuration.
  • Customization Overhead
    While customizable, achieving the full benefits of customization can require additional technical expertise or consulting services, adding to the overall cost and effort.
  • Performance Issues
    Some users have reported occasional performance issues, such as slower load times during peak usage periods.
  • Limited Offline Access
    The platform requires an internet connection to be fully functional, which can be a limitation for users in areas with poor connectivity.

Sage Intacct features and specs

  • Scalability
    Sage Intacct is designed to grow with your business, providing features and functionalities that can handle increasing complexities and a growing amount of data.
  • Integrations
    The software offers robust integration capabilities with other essential business tools such as Salesforce, enabling seamless data flow across your organization.
  • Advanced Reporting
    Sage Intacct provides powerful reporting and analytics tools that allow users to create custom reports, dashboards, and insights to make more informed decisions.
  • User-friendly Interface
    The platform features an intuitive and user-friendly interface, which reduces the learning curve and makes it easier for new users to get up to speed quickly.
  • Cloud-based
    Being a cloud-based solution, Sage Intacct offers the flexibility to access financial data from anywhere, at any time, boosting productivity and enabling remote work.

Possible disadvantages of Sage Intacct

  • Cost
    Sage Intacct can be relatively expensive, especially for small businesses or startups with limited budgets. The cost can escalate with added modules and users.
  • Complexity
    While the software is highly versatile, its extensive features can be overwhelming and require a substantial time investment for custom configurations and setup.
  • Customer Support
    Some users have reported that the customer support can be slow to respond or less helpful, which can be frustrating when dealing with urgent issues.
  • Limited Customization
    Though Sage Intacct offers many features, some users find the customization options limited in comparison to other accounting solutions, which might limit specific business needs.
  • Implementation Time
    The initial implementation and data migration can be time-consuming and may require professional assistance to ensure a smooth transition.

Analysis of OpenWater

Overall verdict

  • OpenWater is generally well-regarded for its flexibility and ability to cater to a wide range of use cases, making it a strong choice for organizations in need of an efficient application management solution.

Why this product is good

  • OpenWater provides a comprehensive platform for managing awards, grants, and application processes. It is known for its user-friendly interface, robust customization options, and excellent customer support. The platform streamlines complex workflows, making it suitable for organizations looking to simplify and automate their submission and review processes.

Recommended for

  • Educational institutions managing scholarships and awards.
  • Non-profits and foundations handling grant applications.
  • Corporations seeking to streamline internal award programs.
  • Event organizers coordinating speaker submissions and competitions.

Analysis of Sage Intacct

Overall verdict

  • Sage Intacct is considered a strong choice for businesses looking for a scalable and flexible financial management solution. Its powerful features and ease of integration make it a worthy investment for companies seeking to enhance their financial processes and gain deeper financial insights. The positive feedback from users and industry experts reinforces its reputation as a reliable tool for financial management.

Why this product is good

  • Sage Intacct is a popular cloud-based financial management software that is known for its robust features designed specifically for small to midsized businesses. It offers comprehensive functionality including core financials, advanced accounting capabilities, and real-time financial and operational insights. It is particularly appreciated for its native integration capabilities, scalability, and ease of use. The software is also highly customizable, which enables companies to tailor it to their specific business needs. Moreover, it provides strong automation features that help improve efficiency and reduce manual errors.

Recommended for

  • Small to midsized businesses
  • Companies seeking cloud-based financial solutions
  • Organizations needing strong integration capabilities
  • Businesses requiring advanced accounting features
  • Firms that demand customizable and scalable software solutions
  • Industries that benefit from real-time financial and operational insights

OpenWater videos

Review - Orca wetsuit - Openwater core

Sage Intacct videos

Sage Intacct : An overview of Cloud Based Financial Management Solution

More videos:

  • Review - Migrating to Sage Intacct from QuickBooks
  • Review - Intacct Accounting Software Integration Overview
  • Demo - Sage Intacct & Salesforce Integration Overview

Category Popularity

0-100% (relative to OpenWater and Sage Intacct)
ERP
13 13%
87% 87
Awards Management
100 100%
0% 0
Accounting
0 0%
100% 100
Accounting & Finance
8 8%
92% 92

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare OpenWater and Sage Intacct

OpenWater Reviews

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Sage Intacct Reviews

Top 9 NetSuite Alternative Software for Professional Services
In many ways, Sage Intacct is a similar solution to NetSuite. For users looking for a variation on ERP software, Sage Intacct can be a good choice. However, Sage Intacct shares many of the same downsides as NetSuite: complexity, longer implementation, and steeper pricing than more streamlined all-in-one agency management solutions.
Source: productive.io
Best ERP Software 2022: Top Rated ERP Systems Comparison
Sage offers one of the best cloud-based accounting financial Enterprise Resource Planning products for small- and mid-sized organizations. Though Sage Intacct’s core functionality is Finance and Accounting, it also contains order management, purchasing modules.
10 of the Best FreshBooks Alternatives That Will Make Bookkeeping Easier
Sage Intacct is a robust accounting solution than FreshBooks. It has a suite of advanced tools for revenue and inventory management. It contains many industry-specific packages built to align with your precise needs.
Source: shanebarker.com
10 Best accounting software for Salesforce businesses
Mid-sized to large organizations, which are Sage Intacct’s target market, need to know that their accounting platform is secure and helps them with compliance, including GAAP. User-level permissions ensure that employees only have access to what they need. One of Sage Intacct’s best features is its audit trail functionality, which tracks every action taken on every...
How Intacct Stacks Up Against 5 Cloud-based Competitors
As a Tier II, AICPA-preferred application, Intacct is an excellent choice for smoothly handling complex accounting needs, and it offers businesses the scalability necessary to encourage growth. By contrast, some of the other popular market players are designed for smaller businesses and make it difficult to comply with GAAP standards – a software flaw that many growing,...

What are some alternatives?

When comparing OpenWater and Sage Intacct, you can also consider the following products

Award Force - Award Force is recognised as the world’s #1 awards management software, trusted by organisations across the globe to recognise excellence in their field.

Oracle NetSuite - NetSuite is the leading integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

Submittable - Submittable is an easy-to-use online submission manager.

SAP ERP - SAP ERP is enterprise resource planning software developed by the German company SAP SE.

SurveyMonkey Apply - SurveyMonkey Apply enables organizations to streamline the process of collecting and reviewing applications.

FreshBooks - The ideal accounting software for small business owners.