FreeAgent vs. Sage 500 ERP

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreeAgent
Score 8.1 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.N/A
Sage 500
Score 6.2 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
FreeAgentSage 500 ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FreeAgentSage 500
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
FreeAgentSage 500 ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
13 Ratings
14% above category average
Sage 500 ERP
7.4
1 Ratings
3% above category average
Pay calculation8.012 Ratings9.01 Ratings
Benefit plan administration8.56 Ratings6.01 Ratings
Direct deposit files8.92 Ratings9.01 Ratings
Salary revision and increment management8.86 Ratings00 Ratings
Reimbursement management8.78 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
5.5
11 Ratings
25% below category average
Sage 500 ERP
4.5
2 Ratings
47% below category average
API for custom integration4.59 Ratings7.02 Ratings
Plug-ins6.410 Ratings2.02 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
14 Ratings
8% above category average
Sage 500 ERP
5.0
2 Ratings
48% below category average
Single sign-on capability9.013 Ratings2.02 Ratings
Role-based user permissions8.013 Ratings8.02 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
7.8
20 Ratings
3% above category average
Sage 500 ERP
8.3
2 Ratings
17% above category average
Dashboards10.018 Ratings8.02 Ratings
Standard reports9.018 Ratings7.02 Ratings
Custom reports4.410 Ratings10.02 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
9.3
22 Ratings
23% above category average
Sage 500 ERP
6.6
2 Ratings
14% below category average
Accounts payable10.017 Ratings7.02 Ratings
Accounts receivable10.019 Ratings7.02 Ratings
Cash management10.017 Ratings00 Ratings
Bank reconciliation10.018 Ratings00 Ratings
Expense management10.021 Ratings00 Ratings
Time tracking10.016 Ratings00 Ratings
Fixed asset management8.611 Ratings00 Ratings
Multi-currency support9.17 Ratings00 Ratings
Multi-division support9.05 Ratings00 Ratings
Regulations compliance8.78 Ratings00 Ratings
Electronic tax filing9.018 Ratings00 Ratings
Self-service portal9.011 Ratings00 Ratings
Journals and Reconciliations8.01 Ratings6.01 Ratings
Global Financial Support00 Ratings2.01 Ratings
Configurable Accounting00 Ratings8.01 Ratings
Standardized Processes00 Ratings6.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
4 Ratings
5% above category average
Sage 500 ERP
6.5
2 Ratings
19% below category average
Inventory tracking7.72 Ratings9.02 Ratings
Automatic reordering8.21 Ratings3.02 Ratings
Location management4.51 Ratings8.02 Ratings
Manufacturing module9.11 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
13 Ratings
9% above category average
Sage 500 ERP
8.2
1 Ratings
5% above category average
Pricing8.19 Ratings8.21 Ratings
Order entry6.82 Ratings8.21 Ratings
Credit card processing8.25 Ratings8.21 Ratings
Cost of goods sold9.13 Ratings8.21 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
5.4
1 Ratings
31% below category average
Billing Management00 Ratings8.01 Ratings
Cash and Asset Management00 Ratings6.01 Ratings
Travel & Expense Management00 Ratings8.01 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings2.01 Ratings
Period Close00 Ratings5.01 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
6.9
1 Ratings
10% below category average
Budgeting and Forecasting00 Ratings1.01 Ratings
Project Costing00 Ratings3.01 Ratings
Cost Capture00 Ratings8.01 Ratings
Capital Project Management00 Ratings9.01 Ratings
Customer Contract Compliance00 Ratings9.01 Ratings
Project Revenue Recognition00 Ratings9.01 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
4.5
1 Ratings
41% below category average
Task Insight for Project Managers00 Ratings7.01 Ratings
Project Mobile Functionality00 Ratings5.01 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
7.5
1 Ratings
0% below category average
Award Lifecycle Management00 Ratings6.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
6.0
1 Ratings
15% below category average
Contract Authoring00 Ratings8.01 Ratings
Contract Repository00 Ratings10.01 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.01 Ratings
Supplier Management00 Ratings4.01 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
4.3
1 Ratings
41% below category average
Risk Repository00 Ratings3.01 Ratings
Control Management00 Ratings7.01 Ratings
Control Efficiency Assessments00 Ratings4.01 Ratings
Remediation and Certification00 Ratings3.01 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
1.3
1 Ratings
139% below category average
Forecasting00 Ratings1.01 Ratings
Inventory Planning00 Ratings2.01 Ratings
Performance Monitoring00 Ratings1.01 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
5.3
1 Ratings
31% below category average
Proposal Management00 Ratings7.01 Ratings
Product Master Data Management00 Ratings4.01 Ratings
Best Alternatives
FreeAgentSage 500 ERP
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.0 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreeAgentSage 500 ERP
Likelihood to Recommend
10.0
(22 ratings)
2.0
(4 ratings)
Likelihood to Renew
-
(0 ratings)
6.3
(2 ratings)
Usability
9.1
(4 ratings)
-
(0 ratings)
Availability
8.9
(5 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
6.0
(1 ratings)
Implementation Rating
-
(0 ratings)
8.0
(1 ratings)
Product Scalability
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
FreeAgentSage 500 ERP
Likelihood to Recommend
FreeAgent
FreeAgent is really suited to the financial management of a small business. Especially an owner managed business as it provides all the tools to keep on top of finances. It can reduce the need for a bookkeeper as it is easy to add expenses and reconcile them with the linked bank accounts. The integrated payroll would also reduce the need for third-party management of such processes. Would still recommend the use of an accountant to advise on more complex financial requirements.
Read full review
Sage
Sage 500 ERP is great for companies with core accounting needs, distributors, and discrete manufacturers. Some areas, such as process manufacturing, would require a companion product from an ISV for the software to be truly functional. Some areas, such as construction or retail apparel, may simply not be well-served.
Read full review
Pros
FreeAgent
  • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
  • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
  • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
  • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
Read full review
Sage
  • Sage is the one-stop-shop for all of our needs. We're able to control contracts, subcontracts, and field reports from the program.
  • Another strength is the ability to database all the information and export it to excel. This makes data-based investigations a breeze.
  • The ability for Timberscan to be imported to Sage is a huge help with invoice management. Prior to this it all had to be done manually and slowed the process to an essential halt as there are thousands of invoices per month.
Read full review
Cons
FreeAgent
  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
Read full review
Sage
  • The biggest concern/complaint of Sage 500 users is speed. Some of the screen take a while to load.
  • The user interface needs some refreshing. Screens need to be updated to take advantage of shortcuts and to be more intuitive.
Read full review
Likelihood to Renew
FreeAgent
No answers on this topic
Sage
It's too pricey for our size of company.
Read full review
Usability
FreeAgent
I spent nearly two decades in IT and am happy to say that FreeAgent's user interface is one of the best interfaces I have ever used.
Read full review
Sage
No answers on this topic
Reliability and Availability
FreeAgent
Based in a cloud and never had any issues with down time. I can access from any device
Read full review
Sage
No answers on this topic
Online Training
FreeAgent
No answers on this topic
Sage
The online training courses are not up to date. We experienced technical issues with two of the classes.
Read full review
Implementation Rating
FreeAgent
No answers on this topic
Sage
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
FreeAgent
I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent indispensable to my business.
Read full review
Sage
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
FreeAgent
  • Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
  • Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
Read full review
Sage
  • Positive: The program allows for a lot of data entry and splitting of information. It has the capability of replacing multiple programs and therefore saving cost.
  • Negative: The modules are cumbersome and not user friendly at all. As a result not many user are comfortable using it. This means that the program is not being used to its capacity.
  • Negative: Although the program has the capacity to be great, the user interface destroys that potential. Sage needs to seriously work on their program to simplify it. It's as if it still uses Command-line entries from 1995. Needs to be updated ASAP.
Read full review
ScreenShots