It’s that time of year again. Gartner, the world’s leading research and advisory company, has published the 2020 Magic Quadrant and Critical Capabilities reports covering cloud core financial management suites for midsize, large, and global enterprises.
It’s always nice to be recognized and in the 2020 Gartner report, Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises1, Sage Intacct received the highest product score (4.61 out of five) for Core Financials for the Lower Midsize Enterprises use case. This is the fourth straight year Sage Intacct has scored highest for that use case.
The 2020 Critical Capabilities report scored products and services along 15 capabilities. Gartner defines lower midsize enterprises as: “Organizations with annual revenue of between $50 million to $500 million, and that have headquarters and the majority of their operations in a single country.”
The recognition we achieve is a reflection of the values we instill into our product solutions and our customers. It validates the strength of our product suite and the work we continue to put into new features and capabilities to meet our customers’ needs. It should also give prospective customers confidence that Sage Intacct brings the financial expertise and industry-leading tools they need to lead the evolution of business within their organizations
As a companion to the Critical Capabilities report, Gartner’s 2020 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises2 recognized Sage Intacct as a Visionary. Gartner notes that Visionaries “understand how the office of finance is changing as core financial management applications move to the cloud.”
“Finance organizations are increasingly shifting to cloud core financial management suites, with continued double-digit growth expected in the market,” said Marc Linden, EVP and GM, Medium Segment Native Cloud Solutions, Sage. “We believe that our positioning in the Visionaries quadrant and our product scores in the Critical Capabilities report underscore our continued efforts to deliver deep product innovation that meets the growing needs of midsize companies. Even during these difficult times, our customers continue to achieve outstanding results and repeatedly praise Sage Intacct for overall satisfaction while noting the product delivers excellent value for the money spent.”
To our existing customers, thank you for your continued support and for working so closely with us to deliver these award-winning tools. We are honored and excited to keep the momentum going to continue to elevate the strategic value of finance in every organization
To access a complimentary copy of the Gartner Critical Capabilities Report, please click the image below.
 Gartner, Inc., “Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises”; Robert Anderson, John Van Decker, Greg Leiter; July 14, 2020 (In the 2017 report Sage Intacct was recognized as “Intacct”).
2 Gartner, Inc., “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises”; Robert Anderson, John Van Decker, Greg Leiter; June 29, 2020.
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Sage Intacct. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.