MUFI Rating & Risk – Intacct
MUFI: Maintainability, Usability, Functionality, Implement ability
Vendor: Intacct (Select For Vendor Profile)
Intacct has over 6,000 organizations that use its software, and it is one of the most rapidly growing companies of all that we cover.
Intacct is not only the equal of, but surpasses the functionality of the tier 1 ERP systems. This has been a major concern for companies that ever have considered switching over from tier 1 ERP. Intacct has excellent reporting functionality, and users who use Intacct will often rate it as the most user-friendly financial application they have ever used. In fact, little training is required on Intacct implementations because of its high usability. Because of its game-changing capability, combined with its current product, and ability to execute and its high scores in functionality, usability, implement ability and maintainability. And the fact that Intacct is in an area that is reaching a tipping point – Intacct has one of the strongest future growth potentials of any software vendor we cover. Microsoft Dynamics AX is a far better-known application than Intacct – and Microsoft Dynamics AX contains a financial module. However, we estimate that there is far more functionality in Intacct – which would represent a single module of an ERP system, then is contained in all of Microsoft Dynamics AX.
Intacct integrates to Salesforce’s Force.com platform. However, while it is not a native Force.com application, as the other stand along commercial application FinancialForce is, it does have Chatter (which is a Force.com functionality), which allows the sharing of comments on an object. However, not being a native Forece.com application, its transactions are not posted in real time.
As should be obvious we are very high on both Intacct and FinancialForce, and it’s difficult to go wrong with either one of the applications. Many companies that could benefit from switching to Intacct and FinancialForce are stuck using dated ERP financial systems because of their legacy ERP investments.
All scores out of a possible 10.
Vendor and Application Risk
Buyers of Intacct have every possible advantage working their direction. Just as with FinancialForce, Intacct is one of the highest rated applications we have ever rated. However, Intacct can be implemented at the largest companies. This means that Intacct can open up a tremendous amount of value that is currently poorly served by the financial functionality within SAP and Oracle tier 1 ERP systems. Furthermore, Intacct has an almost perfect combined application and software vendor risk rating. This means that almost all of the risk comes from the buyer’s environment, not from Intacct.
Likelihood of Implementation Success
This accounts for both the application and vendor-specific risk. In our formula, the total implementation risk is application + vendor + buyer risk. The buyer specific risk could increase or decrease this overall likelihood and adjust the values that you see below.
Risk Management Approach
There are no special risk management considerations with an Intacct implementation. Project managers should consider themselves to be well positioned to deliver a successful implementation.