Sage 500 ERP vs. TallyPrime

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Sage 500
Score 8.9 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
TallyPrime
Score 8.3 out of 10
N/A
TallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.
$855
one-time fee
Pricing
Sage 500 ERPTallyPrime
Editions & Modules
No answers on this topic
Silver
$855
one-time fee
Gold
$2,565
one-time fee
Offerings
Pricing Offerings
Sage 500TallyPrime
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsUsers can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.
More Pricing Information
Community Pulse
Sage 500 ERPTallyPrime
Features
Sage 500 ERPTallyPrime
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 500 ERP
7.0
Ratings
2% below category average
TallyPrime
-
Ratings
Pay calculation9.00 Ratings00 Ratings
Benefit plan administration6.00 Ratings00 Ratings
Direct deposit files7.00 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 500 ERP
8.5
Ratings
11% above category average
TallyPrime
-
Ratings
API for custom integration9.00 Ratings00 Ratings
Plug-ins8.00 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 500 ERP
8.5
Ratings
4% above category average
TallyPrime
-
Ratings
Single sign-on capability7.00 Ratings00 Ratings
Role-based user permissions10.00 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 500 ERP
8.0
Ratings
10% above category average
TallyPrime
-
Ratings
Dashboards6.00 Ratings00 Ratings
Standard reports8.00 Ratings00 Ratings
Custom reports10.00 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 500 ERP
8.0
Ratings
4% above category average
TallyPrime
-
Ratings
Accounts payable10.00 Ratings00 Ratings
Accounts receivable10.00 Ratings00 Ratings
Global Financial Support10.00 Ratings00 Ratings
Primary and Secondary Ledgers8.00 Ratings00 Ratings
Journals and Reconciliations10.00 Ratings00 Ratings
Configurable Accounting10.00 Ratings00 Ratings
Standardized Processes10.00 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 500 ERP
8.0
Ratings
1% above category average
TallyPrime
-
Ratings
Inventory tracking6.00 Ratings00 Ratings
Automatic reordering10.00 Ratings00 Ratings
Location management10.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 500 ERP
8.8
Ratings
11% above category average
TallyPrime
-
Ratings
Pricing8.00 Ratings00 Ratings
Order entry9.00 Ratings00 Ratings
Credit card processing9.00 Ratings00 Ratings
Cost of goods sold10.00 Ratings00 Ratings
Order Orchestration8.00 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Sage 500 ERP
5.9
Ratings
24% below category average
TallyPrime
-
Ratings
Billing Management10.00 Ratings00 Ratings
Cash and Asset Management8.00 Ratings00 Ratings
Travel & Expense Management8.00 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting2.00 Ratings00 Ratings
Period Close8.00 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Sage 500 ERP
6.9
Ratings
10% below category average
TallyPrime
-
Ratings
Budgeting and Forecasting1.00 Ratings00 Ratings
Project Costing3.00 Ratings00 Ratings
Cost Capture8.00 Ratings00 Ratings
Capital Project Management9.00 Ratings00 Ratings
Customer Contract Compliance9.00 Ratings00 Ratings
Project Revenue Recognition9.00 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Sage 500 ERP
4.5
Ratings
42% below category average
TallyPrime
-
Ratings
Task Insight for Project Managers7.00 Ratings00 Ratings
Project Mobile Functionality5.00 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Sage 500 ERP
7.5
Ratings
1% above category average
TallyPrime
-
Ratings
Award Lifecycle Management6.00 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Sage 500 ERP
6.0
Ratings
14% below category average
TallyPrime
-
Ratings
Contract Authoring8.00 Ratings00 Ratings
Contract Repository10.00 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated8.00 Ratings00 Ratings
Supplier Management4.00 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Sage 500 ERP
4.3
Ratings
41% below category average
TallyPrime
-
Ratings
Risk Repository3.00 Ratings00 Ratings
Control Management7.00 Ratings00 Ratings
Control Efficiency Assessments4.00 Ratings00 Ratings
Remediation and Certification3.00 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Sage 500 ERP
1.3
Ratings
138% below category average
TallyPrime
-
Ratings
Forecasting1.00 Ratings00 Ratings
Inventory Planning2.00 Ratings00 Ratings
Performance Monitoring1.00 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Sage 500 ERP
5.3
Ratings
29% below category average
TallyPrime
-
Ratings
Proposal Management7.00 Ratings00 Ratings
Product Master Data Management4.00 Ratings00 Ratings
User Ratings
Sage 500 ERPTallyPrime
Likelihood to Recommend
10.0
(0 ratings)
8.0
(0 ratings)
Likelihood to Renew
6.3
(0 ratings)
-
(0 ratings)
Usability
10.0
(0 ratings)
-
(0 ratings)
Online Training
6.0
(0 ratings)
-
(0 ratings)
Implementation Rating
8.0
(0 ratings)
-
(0 ratings)
User Testimonials
Sage 500 ERPTallyPrime
Likelihood to Recommend
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.
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There was a need to maintain a clear overview of the inventory for one of our clients, including tracking products, monitoring stock levels, and managing purchase orders. TallyPrime's inventory management feature allowed us to efficiently track and update stock quantities as products are sold or restocked. Which was a real savour for us.
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Pros
  • Payables and receivables handled beautifully
  • Projects has the reporting capabilities we need
  • Cash management is easy to do
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  • TallyPrime simplifies tax management by automatically calculating various taxes, such as GST, based on transaction data.
  • TallyPrime's payroll module handles complex payroll calculations effortlessly
  • It offers user-level access control and encryption, ensuring that sensitive financial data is protected
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Cons
  • 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.
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  • TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
  • I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
  • The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
  • The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
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Likelihood to Renew
We will renew our investment in Sage 500, mostly because the competition is very expensive and are bloated with options that are not needed.
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No answers on this topic
Usability
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.
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I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
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Online Training
The online training courses are not up to date. We experienced technical issues with two of the classes.
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No answers on this topic
Implementation Rating
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.
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No answers on this topic
Alternatives Considered
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.
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For petty transactions, Microsoft Excel is in place earlier to track the expenses and TallyPrime has replaced it with cost centers and sub-ledgers. Zoho Books being a cloud based accounting software, before considering TallyPrime, has suited the Business requirement to some extent, however, it is not adopted owing to certain challenges. SAP is far beyond the business requirement and the Learning curve is high in that.
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Return on Investment
  • Efficiency - enhanced automation
  • Cost reduction - simple workspace is enough
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  • It gives the best return on investment, if alternative chosen it won't suit the way TallyPrime suits
  • I feel 90% will be the ROI of TallyPrime, the 10% is deduced as some manual intervention is needed at places
  • The learning curve is also good, which the reason, the newbie can grab the best of it
  • overall, the Impact is positive till the time Audit is in place
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