Software Alternatives, Accelerators & Startups

Sage Intacct VS Bankfeed

Compare Sage Intacct VS Bankfeed and see what are their differences

Sage Intacct logo Sage Intacct

Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

Bankfeed logo Bankfeed

Is your company receiving a lot of incoming payments? Are you using more than one bank? Bankfeed saves time and prevents errors by automating the import of bank statements to Microsoft Dynamics 365 Business Central and the reconciliation of payments.
  • Sage Intacct Landing page
    Landing page //
    2023-08-17
  • Bankfeed Landing page
    Landing page //
    2023-06-12

Forget about logging into different banks. Have all your bank statements in Microsoft Dynamics 365 Business Central, and reconcile payments with invoices AUTOMAGICALLY!

If your company meets at least one of these conditions, you will find Bankfeed valuable: • Receives many payments • Uses several bank accounts • Wants to post transactions quickly and error-free • Wants to view payments in real time • Has operations in multiple countries

Bankfeed allows you to automate bank statement import into Microsoft Dynamics 365 Business Central as well as payment recognition and reconciliation with issued invoices.

The solution works with all European banks, including Santander, ING, Barclays, HSBC, Swedbank, Revolut, PayPal, Stripe, Wise, American Express, N26 and others.

Here's what customers have to say: “At least 98% of incoming payments are automatically identified and reconciled with invoices. This makes my daily work much easier.” Jurgita Lapinskiene, USAD

“We have more than 60 bank accounts, so it used to take a lot of time to manually manage all the incoming payments. I am happy that Bankfeed automates that.” Neringa Baronaitiene, Gelvorasergel

“The automatic recognition and reconciliation, as well as the separation of bank charges, saves at least 4 hours per day, i.e., about 10 days per month.” Sigita Geinaite, Trobos

FOR MORE INFORMATION PLEASE VISIT https://bankfeed.com/

Sage Intacct features and specs

No features have been listed yet.

Bankfeed features and specs

  • All European banks: Yes, 2300+ banks
  • Automatic bank statement import: Yes
  • Automatic payment recognition: Yes
  • Automatic payment reconciliation: Yes
  • Automatic invoice reconciliation: Yes

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

Bankfeed videos

Bankfeed demo

More videos:

  • Tutorial - Bankfeed Assisted Setup for Bank Connection
  • Tutorial - Bankfeed Assisted Setup for General Settings
  • Tutorial - Bankfeed Guided Tour

Category Popularity

0-100% (relative to Sage Intacct and Bankfeed)
Accounting
99 99%
1% 1
Finance
0 0%
100% 100
ERP
100 100%
0% 0
Accounting & Finance
99 99%
1% 1

Questions and Answers

As answered by people managing Sage Intacct and Bankfeed.

Why should a person choose your product over its competitors?

Bankfeed's answer:

Bankfeed works with all European banks, including Santander, ING, Barclays, HSBC, Swedbank, Revolut, PayPal, Stripe, Wise, American Express, N26 and others. 2300+ banks in total. The solution also provides automatic payment reconciliation with issued invoices.

Which are the primary technologies used for building your product?

Bankfeed's answer:

Bankfeed works as an add-on for Microsoft Dynamics 365 Business Central. For the integration with all European banks, the solution uses open banking (PSD2) technology.

Bankfeed supports the most common bank formats worldwide: CAMT.053 (financial statement import) CAMT.052 (financial statement import)

How would you describe your primary audience?

Bankfeed's answer:

If a company meets at least one of these conditions, it will find Bankfeed valuable: - Receives many payments - Uses several bank accounts - Wants to post transactions quickly and error-free - Wants to view payments in real time - Has operations in multiple countries

What makes your product unique?

Bankfeed's answer:

Bankfeed allows you to automate bank statement import into Microsoft Dynamics 365 Business Central as well as payment recognition and reconciliation with issued invoices.

User comments

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Reviews

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

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,...

Bankfeed Reviews

We have no reviews of Bankfeed yet.
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What are some alternatives?

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

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

Xero - Xero is online accounting for your small business.

FreshBooks - The ideal accounting software for small business owners.

QuickBooks Online - QuickBooks Online is a Cloud Accounting for small business that can be used on iPad, mobile phone or computer to do invoicing, billing, run reports, or even pay employees online.

Odoo - An all-integrated business app suite to unleash your growth potential.

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