Sage 500 ERP vs. Visma e-conomic

Sage 500 ERP

Visma e-conomic

Overview
Product	Rating	Most Used By	Product Summary	Starting 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
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 500 ERP

Visma e-conomic

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
Sage 500	Visma e-conomic
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

—

More Pricing Information

Community Pulse
	Sage 500 ERP	Visma e-conomic

Features

Sage 500 ERP

Visma e-conomic

Payroll Management

Comparison of Payroll Management features of Product A and Product B
	Sage 500 ERP 7.0 Ratings 2% below category average	Visma e-conomic - Ratings
Pay calculation	9.00 Ratings	00 Ratings
Benefit plan administration	6.00 Ratings	00 Ratings
Direct deposit files	7.00 Ratings	00 Ratings

Customization

Comparison of Customization features of Product A and Product B
	Sage 500 ERP 8.5 Ratings 11% above category average	Visma e-conomic - Ratings
API for custom integration	9.00 Ratings	00 Ratings
Plug-ins	8.00 Ratings	00 Ratings

Security

Comparison of Security features of Product A and Product B
	Sage 500 ERP 8.5 Ratings 4% above category average	Visma e-conomic - Ratings
Single sign-on capability	7.00 Ratings	00 Ratings
Role-based user permissions	10.00 Ratings	00 Ratings

Reporting & Analytics

Comparison of Reporting & Analytics features of Product A and Product B
	Sage 500 ERP 8.0 Ratings 10% above category average	Visma e-conomic - Ratings
Dashboards	6.00 Ratings	00 Ratings
Standard reports	8.00 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 500 ERP 8.0 Ratings 4% above category average	Visma e-conomic - Ratings
Accounts payable	10.00 Ratings	00 Ratings
Accounts receivable	10.00 Ratings	00 Ratings
Global Financial Support	10.00 Ratings	00 Ratings
Primary and Secondary Ledgers	8.00 Ratings	00 Ratings
Journals and Reconciliations	10.00 Ratings	00 Ratings
Configurable Accounting	10.00 Ratings	00 Ratings
Standardized Processes	10.00 Ratings	00 Ratings

Inventory Management

Comparison of Inventory Management features of Product A and Product B
	Sage 500 ERP 8.0 Ratings 1% above category average	Visma e-conomic - Ratings
Inventory tracking	6.00 Ratings	00 Ratings
Automatic reordering	10.00 Ratings	00 Ratings
Location management	10.00 Ratings	00 Ratings

Order Management

Comparison of Order Management features of Product A and Product B
	Sage 500 ERP 8.8 Ratings 11% above category average	Visma e-conomic - Ratings
Pricing	8.00 Ratings	00 Ratings
Order entry	9.00 Ratings	00 Ratings
Credit card processing	9.00 Ratings	00 Ratings
Cost of goods sold	10.00 Ratings	00 Ratings
Order Orchestration	8.00 Ratings	00 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	Visma e-conomic - Ratings
Billing Management	10.00 Ratings	00 Ratings
Cash and Asset Management	8.00 Ratings	00 Ratings
Travel & Expense Management	8.00 Ratings	00 Ratings
Budgetary Control & Encumbrance Accounting	2.00 Ratings	00 Ratings
Period Close	8.00 Ratings	00 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	Visma e-conomic - Ratings
Budgeting and Forecasting	1.00 Ratings	00 Ratings
Project Costing	3.00 Ratings	00 Ratings
Cost Capture	8.00 Ratings	00 Ratings
Capital Project Management	9.00 Ratings	00 Ratings
Customer Contract Compliance	9.00 Ratings	00 Ratings
Project Revenue Recognition	9.00 Ratings	00 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	Visma e-conomic - Ratings
Task Insight for Project Managers	7.00 Ratings	00 Ratings
Project Mobile Functionality	5.00 Ratings	00 Ratings

Grants Management

Comparison of Grants Management features of Product A and Product B
	Sage 500 ERP 7.5 Ratings 1% above category average	Visma e-conomic - Ratings
Award Lifecycle Management	6.00 Ratings	00 Ratings

Procurement

Comparison of Procurement features of Product A and Product B
	Sage 500 ERP 6.0 Ratings 14% below category average	Visma e-conomic - Ratings
Contract Authoring	8.00 Ratings	00 Ratings
Contract Repository	10.00 Ratings	00 Ratings
Requisitions-to-Purchase Orders Integrated	8.00 Ratings	00 Ratings
Supplier Management	4.00 Ratings	00 Ratings

Risk Management

Comparison of Risk Management features of Product A and Product B
	Sage 500 ERP 4.3 Ratings 41% below category average	Visma e-conomic - Ratings
Risk Repository	3.00 Ratings	00 Ratings
Control Management	7.00 Ratings	00 Ratings
Control Efficiency Assessments	4.00 Ratings	00 Ratings
Remediation and Certification	3.00 Ratings	00 Ratings

Supply Chain

Comparison of Supply Chain features of Product A and Product B
	Sage 500 ERP 1.3 Ratings 138% below category average	Visma e-conomic - Ratings
Forecasting	1.00 Ratings	00 Ratings
Inventory Planning	2.00 Ratings	00 Ratings
Performance Monitoring	1.00 Ratings	00 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	Visma e-conomic - Ratings
Proposal Management	7.00 Ratings	00 Ratings
Product Master Data Management	4.00 Ratings	00 Ratings

User Ratings
	Sage 500 ERP	Visma e-conomic
Likelihood to Recommend	10.0 (0 ratings)	- (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 ERP	Visma e-conomic
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. Incentivized J. Mickey Merguerian Project Controls Manager Read full review	No answers on this topic
Pros	Payables and receivables handled beautifully Projects has the reporting capabilities we need Cash management is easy to do Incentivized Lisa Kuta Accounting/Software Administrator Read full review	No answers on this topic
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. Incentivized Verified User Anonymous Read full review	No answers on this topic
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. Incentivized Verified User Anonymous Read full review	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. Incentivized John Wilhite General Accountant Read full review	No answers on this topic
Online Training	The online training courses are not up to date. We experienced technical issues with two of the classes. Incentivized Verified User Anonymous Read full review	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. Incentivized Verified User Anonymous Read full review	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. Incentivized Verified User Anonymous Read full review	No answers on this topic
Return on Investment	Efficiency - enhanced automation Cost reduction - simple workspace is enough Incentivized John Wilhite General Accountant Read full review	No answers on this topic
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