Sage 50cloud Accounting (formerly Sage 50 Accounting) is accounting software designed for small businesses. Sage 50cloud Accounting (formerly Sage 50, and formerly Peachtree) lets businesses invoice customers, pay bills, manage inventory, control costs, and pay employees. The solution includes high-level dashboards and in-depth reports.
$61.92
per month
Visma e-conomic
Score 8.0 out of 10
N/A
e-conomic, from Visma (acquired 2015) is a complete online accounting system which is specially developed for small and medium-sized companies, from the company of the same name in Copenhagen, Denmark. With more than 60,000 companies as customers worldwide, e-conomic is the largest online accounting system in Europe. e-conomic contains General Ledger, Accounts Payable, Accounts Receivable and Sales modules, and more features (bank reconciliation, controlled/restricted user access, integration…
N/A
Pricing
Sage 50
Visma e-conomic
Editions & Modules
Sage 50 Pro Accounting
$61.92
per month
Sage 50 Premium Accounting
$103.92
per month per user
Sage 50 Quantum Accounting 3 User
$177.17
per month per user
No answers on this topic
Offerings
Pricing Offerings
Sage 50
Visma e-conomic
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Annual billing plans also available for all products.
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More Pricing Information
Community Pulse
Sage 50
Visma e-conomic
Features
Sage 50
Visma e-conomic
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 50
8.9
Ratings
14% above category average
Visma e-conomic
-
Ratings
Pay calculation
10.00 Ratings
00 Ratings
Benefit plan administration
8.60 Ratings
00 Ratings
Direct deposit files
8.10 Ratings
00 Ratings
Salary revision and increment management
8.90 Ratings
00 Ratings
Reimbursement management
8.90 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 50
10.0
Ratings
27% above category average
Visma e-conomic
-
Ratings
API for custom integration
10.00 Ratings
00 Ratings
Plug-ins
10.00 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 50
8.9
Ratings
7% above category average
Visma e-conomic
-
Ratings
Single sign-on capability
9.00 Ratings
00 Ratings
Role-based user permissions
8.70 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 50
9.8
Ratings
22% above category average
Visma e-conomic
-
Ratings
Dashboards
9.30 Ratings
00 Ratings
Standard reports
10.00 Ratings
00 Ratings
Custom reports
10.00 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 50
9.2
Ratings
17% above category average
Visma e-conomic
-
Ratings
Accounts payable
10.00 Ratings
00 Ratings
Accounts receivable
10.00 Ratings
00 Ratings
Cash management
8.90 Ratings
00 Ratings
Bank reconciliation
10.00 Ratings
00 Ratings
Expense management
8.50 Ratings
00 Ratings
Time tracking
8.30 Ratings
00 Ratings
Fixed asset management
6.80 Ratings
00 Ratings
Multi-currency support
7.00 Ratings
00 Ratings
Multi-division support
9.00 Ratings
00 Ratings
Regulations compliance
9.00 Ratings
00 Ratings
Electronic tax filing
9.80 Ratings
00 Ratings
Self-service portal
9.00 Ratings
00 Ratings
Global Financial Support
9.00 Ratings
00 Ratings
Primary and Secondary Ledgers
10.00 Ratings
00 Ratings
Intercompany Accounting
8.60 Ratings
00 Ratings
Localizations
10.00 Ratings
00 Ratings
Journals and Reconciliations
9.20 Ratings
00 Ratings
Enterprise Accounting
10.00 Ratings
00 Ratings
Configurable Accounting
9.90 Ratings
00 Ratings
Centralized Rules Framework
9.80 Ratings
00 Ratings
Standardized Processes
9.90 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 50
9.4
Ratings
25% above category average
Visma e-conomic
-
Ratings
Inventory tracking
10.00 Ratings
00 Ratings
Automatic reordering
8.90 Ratings
00 Ratings
Location management
10.00 Ratings
00 Ratings
Manufacturing module
8.90 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage is great for portability and exchange with external accountants as it is widely used and people will be able to read your data in. It's a very good and complete solution for a little business where one person can handle all of the accounting. I doubt that it scales well to large companies with several in-house accountants working at the same time.
I like the automated guides to set up complex features of payroll formulas.
The business intelligence reporting seems very comprehensive, so that one could really "crunch the data" and analyze different aspects of their business.
Sage annually improves the performance and features of their program.
The out of the box reports are not appealing and take a bit to clean up during the end of the month. The set up of the reports can be quite tedious and not very intuitive. They need to do a better job of adding the drop and drag tool in a more visible way so that it is easy for the end user.
Sage needs to add the ability for the users (in a controlled environment) to manipulate the look and feel of the input screens. It gives you minimal options to add fields to certain areas.
The help feature does not have the "google" type of intelligence that allows you to search on phrases. If it is not exact, it does not do a very good job of filtering through items that you really don not need. I have used more of the internet searches to figure out my problem because it wasn't easy to pull up the help option in Sage.
I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
I think Sage 50 is a trusted product and is reliable from a product delivery and support perspective. They have deep domain expertise in the non-profit space and should be a consideration for new non-profit startups or existing non-profits looking to migrate from other platforms. Overall, I believe that Sage 50 does many things well with few limitations.
The support from Sage is quick, easy to understand and always relevant. They are very responsive to queries and this enables us to have very little down time if the product does fail for whatever reason. Having someone on the end of the phone who can solve your issues is invaluable.
Sage 50 is a strong accounting software package. It will work efficiently if it is installed correctly. If one puts garbage in, one will get garbage out. Also it is important to train the staff to use Sage 50 properly. It is also important to set up security for each user.
Sage Accounting is better suited for smaller organisations with fewer transactions. The invoicing system of this piece of software is a superior tool, however. Sage HR is more commonly used for employees to access payslips and record things such as annual leave or overtime. Sage Intacct is likely a more practical solution for a larger organisation with a higher volume of transactions.
I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
It has allowed for more emphasis on sales than data entry which has allowed the Wholesale division to grow
The "On Screen" credit status on the Sales Order feature has given the capability to free up inventory for paying Customers which increased Turnover, while keeping Past Due to a minimum
The Reporting has allowed for yearly, prior year and Budget Variance Reporting for the Sales Reps so they can stay or target
The Inventory Reporting and Receiving keeps a grasp on damaged based on Lots received which helps to notify the Parent company of production issues and monitor shrinkage
The Credit with Job and RGA capability give a clear view of which Customer are having warehouse issues or if we are having Freight Carrier issues