Microsoft Dynamics GP offers an on-premise or hosted in the cloud option. Intacct is a cloud-only financial software solution. The Cloud is beneficial from a low-maintenance IT standpoint and the updates for the software are automated. On-premise and hosted solutions give you the power to determine when you upgrade and control your environment.
Intacct is a great fit for High Technology, Subscription, Software and SaaS, Healthcare and Nonprofit organizations. Often times, Subscription and Software and SaaS based companies need a financial solution with revenue management. Intacct receives data directly from Salesforce CRM and your other business systems, so that your revenue recognition processes are accurate, under-billing is not a concern, and you can make decisions based on numbers that are up-to-date. Intacct also lets you generate billing schedules, manage changes, and update revenue recognition calculations ensuring compliance with the SEC, FASB, and Sarbanes-Oxley standards without touching a single spreadsheet.
Microsoft Dynamics GP is a superior solution for Wholesale Distribution, Manufacturing, Healthcare, Retail and the Entertainment industry. Dynamics GP offers the depth of having extensive out-of-the-box features and functionalities that most Distribution and Suppliers need for inventory, lot-tracking, sales order tracking and so forth. And the functionality that is not out-of-the box is met with Independent Software Vendors (ISVs) who have a strong partnership with Microsoft developing that added functionality.
Intacct and Microsoft Dynamics GP are both superior ERP packages with strong core accounting functionality. However, there are some differences to consider and to keep in mind. Intacct offers a Shared Multi-Entity Environment and Dynamics GP is a Multiple Company Database Environment. The General Ledger in Dynamics GP is a segmented chart of accounts and Intacct has a dimensional chart of accounts. Microsoft Dynamics GP offers Payroll and Human Resource Management out-of-the box for businesses requiring payroll and HR in-house. Intacct, at this time, has a third-party add-on solution for meeting the needs of HRP.