Odoo Accounting vs. Sage 500 ERP

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Odoo Accounting
Score 7.0 out of 10
N/A
Odoo Accounting is designed to help companies manage their daily accounting with ease and simplicity. They even offer a global view of the state of their business at any time. All financial activities can be managed in one single app, with Odoo Accounting, as well as automation for primary day-to-day tasks. The Odoo app is synchronized with 24,000 banks, to make it easier to link a payment with a statement, based on the transaction in a bank account. Reconciliation can also be done…
$0
Sage 500
Score 9.0 out of 10
N/A
Sage 500 ERP includes accounting and finance, distribution and supply chain, and manufacturing operations support modules. The latest Sage 500 release includes accounts payable enhancements, credit card processing, and general updates, as well as updates to the solution's modules.N/A
Pricing
Odoo AccountingSage 500 ERP
Editions & Modules
One App Free
$0
Standard
$24.90
per month billed yearly per user
Standard
$31.10
per month per user
Custom
$37.40
per month billed yearly per user
Custom
$46.80
per month per user
No answers on this topic
Offerings
Pricing Offerings
Odoo AccountingSage 500
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsThe Standard and Custom plans include the Odoo apps for a single fee.
More Pricing Information
Community Pulse
Odoo AccountingSage 500 ERP
Considered Both Products
Odoo Accounting
Chose Odoo Accounting
Odoo Accounting is a big step up from Quickbooks, especially with the other apps. You see, Odoo Accounting can be used by itself, but is meant to be used with other apps such as Sales, Website, eCommerce, Inventory, Purchase, CRM, and more. The real benefit comes with the …
Chose Odoo Accounting
Odoo Accounting is a simple, easy-to-use, and user-friendly accounting solution in terms of cost efficiency and the knowledge to use it. Odoo has a wide range of applications available and very customizable according to its modular structure. In addition, it is not very complex …
Sage 500
Chose Sage 500
Quickbooks is more user friendly and intuitive but can be clunky when dealing hard chunks of data. Morever, I did not operate a cloud based solution like Intacct and this is key in my report.
Chose Sage 500
Sage is by far the worst program I have ever used in the construction industry. It has the capability to be a wonderful program for an entire organization but it severely lacks user interface. For instance, Their field reports section has a character limit. That's …
Chose Sage 500
500 seems much smoother at handling some of the basic accounting tasks, for example both issuing and later reconciling checks in Dynamics AX seems a little tedious.
Chose Sage 500
The functionality and ease of the software is what we love but we remain on the 7.05 because the price to upgrade is too high.
Features
Odoo AccountingSage 500 ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Odoo Accounting
7.0
Ratings
10% below category average
Sage 500 ERP
7.0
Ratings
2% below category average
Pay calculation7.00 Ratings9.00 Ratings
Reimbursement management7.00 Ratings00 Ratings
Benefit plan administration00 Ratings6.00 Ratings
Direct deposit files00 Ratings7.00 Ratings
Security
Comparison of Security features of Product A and Product B
Odoo Accounting
8.6
Ratings
3% above category average
Sage 500 ERP
8.5
Ratings
4% above category average
Role-based user permissions8.60 Ratings10.00 Ratings
Single sign-on capability00 Ratings7.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Odoo Accounting
9.1
Ratings
14% above category average
Sage 500 ERP
8.0
Ratings
10% above category average
Dashboards8.60 Ratings6.00 Ratings
Standard reports8.60 Ratings8.00 Ratings
Custom reports10.00 Ratings10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Odoo Accounting
8.6
Ratings
10% above category average
Sage 500 ERP
8.0
Ratings
4% above category average
Accounts payable9.10 Ratings10.00 Ratings
Accounts receivable9.10 Ratings10.00 Ratings
Cash management9.10 Ratings00 Ratings
Bank reconciliation9.10 Ratings00 Ratings
Expense management9.10 Ratings00 Ratings
Fixed asset management8.00 Ratings00 Ratings
Multi-currency support9.10 Ratings00 Ratings
Self-service portal10.00 Ratings00 Ratings
Global Financial Support8.00 Ratings10.00 Ratings
Primary and Secondary Ledgers7.00 Ratings8.00 Ratings
Intercompany Accounting8.60 Ratings00 Ratings
Localizations8.60 Ratings00 Ratings
Journals and Reconciliations8.60 Ratings10.00 Ratings
Enterprise Accounting10.00 Ratings00 Ratings
Configurable Accounting9.10 Ratings10.00 Ratings
Centralized Rules Framework7.00 Ratings00 Ratings
Standardized Processes7.00 Ratings10.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Odoo Accounting
7.3
Ratings
1% below category average
Sage 500 ERP
8.0
Ratings
1% above category average
Inventory tracking7.00 Ratings6.00 Ratings
Automatic reordering7.00 Ratings10.00 Ratings
Location management7.00 Ratings10.00 Ratings
Manufacturing module8.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Odoo Accounting
7.7
Ratings
0% below category average
Sage 500 ERP
8.8
Ratings
11% above category average
Pricing8.00 Ratings8.00 Ratings
Order entry8.00 Ratings9.00 Ratings
Credit card processing8.60 Ratings9.00 Ratings
Cost of goods sold8.60 Ratings10.00 Ratings
End-to-end order visibility7.00 Ratings00 Ratings
Order exception Resolution6.00 Ratings00 Ratings
Order Orchestration00 Ratings8.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Odoo Accounting
8.0
Ratings
5% above category average
Sage 500 ERP
8.5
Ratings
11% above category average
Plug-ins8.00 Ratings8.00 Ratings
API for custom integration00 Ratings9.00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
5.9
Ratings
24% below category average
Billing Management00 Ratings10.00 Ratings
Cash and Asset Management00 Ratings8.00 Ratings
Travel & Expense Management00 Ratings8.00 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings2.00 Ratings
Period Close00 Ratings8.00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
6.9
Ratings
10% below category average
Budgeting and Forecasting00 Ratings1.00 Ratings
Project Costing00 Ratings3.00 Ratings
Cost Capture00 Ratings8.00 Ratings
Capital Project Management00 Ratings9.00 Ratings
Customer Contract Compliance00 Ratings9.00 Ratings
Project Revenue Recognition00 Ratings9.00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
4.5
Ratings
42% below category average
Task Insight for Project Managers00 Ratings7.00 Ratings
Project Mobile Functionality00 Ratings5.00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
7.5
Ratings
2% above category average
Award Lifecycle Management00 Ratings6.00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
6.0
Ratings
14% below category average
Contract Authoring00 Ratings8.00 Ratings
Contract Repository00 Ratings10.00 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.00 Ratings
Supplier Management00 Ratings4.00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
4.3
Ratings
41% below category average
Risk Repository00 Ratings3.00 Ratings
Control Management00 Ratings7.00 Ratings
Control Efficiency Assessments00 Ratings4.00 Ratings
Remediation and Certification00 Ratings3.00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
1.3
Ratings
138% below category average
Forecasting00 Ratings1.00 Ratings
Inventory Planning00 Ratings2.00 Ratings
Performance Monitoring00 Ratings1.00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
5.3
Ratings
29% below category average
Proposal Management00 Ratings7.00 Ratings
Product Master Data Management00 Ratings4.00 Ratings
Best Alternatives
Odoo AccountingSage 500 ERP
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Zoho One
Zoho One
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Odoo AccountingSage 500 ERP
Likelihood to Recommend
9.5
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
-
(0 ratings)
6.3
(0 ratings)
Usability
9.1
(0 ratings)
10.0
(0 ratings)
Support Rating
8.1
(0 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
6.0
(0 ratings)
Implementation Rating
-
(0 ratings)
8.0
(0 ratings)
User Testimonials
Odoo AccountingSage 500 ERP
Likelihood to Recommend
Odoo Accounting is well suited for small and medium businesses that want to use an affordable cloud-based accounting solution with a simple, easy-to-use, intuitive, and user-friendly interface. For someone who does not have the strongest accounting knowledge with GAAP, Odoo Accounting solution will be familiar with the system easily after a couple of hours of technical training by Odoo consultants. Odoo Accounting will be not suitable for the complex accounting and invoicing processes within its standard functionalities without doing custom codes through its Odoo studio to fit with the requirements.
Read full review
Sage is wonderful for payroll and employee management. Although it has the capabilities to be a one-stop-shop program, it seriously lacks the interface necessary for wide use. I've had to consult Sage professionals on numerous occasions to explain and walk me through the program as there are so many redundancies. This program has wonderful potential, but they need to update the software and user interface before I can recommend it to any colleague.
Read full review
Pros
  • Simple and easy to use Integrated Accounting Software
  • Affordable subscriptions option for cost saving
  • Highly customizable options available
Read full review
  • Payables and receivables handled beautifully
  • Projects has the reporting capabilities we need
  • Cash management is easy to do
Read full review
Cons
  • Synchronize Merchant Processor Accounts
Read full review
  • The application is very functional, but the interface is a little "stale" compared to more modern applications.
  • The underlying client software is written in an old version of Microsoft Visual Basic. I suppose SOME DAY, Microsoft will be discontinuing, although Microsoft has its own ERP software written in that same code.
Read full review
Likelihood to Renew
No answers on this topic
We will renew our investment in Sage 500, mostly because the competition is very expensive and are bloated with options that are not needed.
Read full review
Usability
I believe Odoo Accounting software is an easy-to-use, intuitive and user-friendly accounting software that can be available in both free community versions and enterprise versions. In terms of the software subscription cost-effectiveness and overall functionalities, Odoo Accounting will be a good choice for the small and medium businesses that want to change their existing legacy systems into a more modernized and cost-saving fully integrated cloud-based solution because of its user-friendly interface and easy to map with their existing business processes effectively.
Read full review
I have been using Intacct for almost 10 years in 2 different companies and I just simply love it. I tried SAP (GUI) and Netsuite and they dont come close to what Ive seen.
Read full review
Support Rating
Odoo has two forms of support.
  1. Success packs where you get a Single Point of Contact (SPoC). This is great.
  2. Free support tickets. This is not stellar, and is only applicable within the standard framework. They will not support customizations for free. That said, I have found that they generally can help me out.
Read full review
No answers on this topic
Online Training
No answers on this topic
The online training courses are not up to date. We experienced technical issues with two of the classes.
Read full review
Implementation Rating
No answers on this topic
Keep your database and application in different servers.
Install Microsoft Office on your application server so you can use some of the data analysis tools in Sage.
Read full review
Alternatives Considered
Odoo Accounting is a big step up from Quickbooks, especially with the other apps. You see, Odoo Accounting can be used by itself, but is meant to be used with other apps such as Sales, Website, eCommerce, Inventory, Purchase, CRM, and more. The real benefit comes with the integrations with these apps.
Read full review
500 seems much smoother at handling some of the basic accounting tasks, for example both issuing and later reconciling checks in Dynamics AX seems a little tedious.
Read full review
Return on Investment
  • Low cost
  • More Automation
  • Centralized Management
Read full review
  • Efficiency - enhanced automation
  • Cost reduction - simple workspace is enough
Read full review
ScreenShots

Odoo Accounting Screenshots

Screenshot of