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.
$13.50
per month
Sage 500
Score 8.7 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
FreeAgent
Sage 500 ERP
Editions & Modules
FreeAgent
$13.50
per month
FreeAgent
$135
per year
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Offerings
Pricing Offerings
FreeAgent
Sage 500
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
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More Pricing Information
Community Pulse
FreeAgent
Sage 500 ERP
Features
FreeAgent
Sage 500 ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
13 Ratings
13% above category average
Sage 500 ERP
7.0
2 Ratings
4% below category average
Pay calculation
8.012 Ratings
9.01 Ratings
Benefit plan administration
8.56 Ratings
6.01 Ratings
Direct deposit files
8.92 Ratings
7.02 Ratings
Salary revision and increment management
8.86 Ratings
00 Ratings
Reimbursement management
8.78 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
6.6
13 Ratings
16% below category average
Sage 500 ERP
8.5
3 Ratings
14% above category average
API for custom integration
4.59 Ratings
9.03 Ratings
Plug-ins
8.712 Ratings
8.03 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
14 Ratings
3% above category average
Sage 500 ERP
8.5
3 Ratings
2% above category average
Single sign-on capability
9.013 Ratings
7.03 Ratings
Role-based user permissions
8.013 Ratings
10.03 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
6.5
23 Ratings
19% below category average
Sage 500 ERP
8.0
3 Ratings
9% above category average
Dashboards
7.321 Ratings
6.03 Ratings
Standard reports
7.721 Ratings
8.03 Ratings
Custom reports
4.410 Ratings
10.03 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
8.7
25 Ratings
13% above category average
Sage 500 ERP
8.0
3 Ratings
4% above category average
Accounts payable
8.020 Ratings
10.03 Ratings
Accounts receivable
8.422 Ratings
10.03 Ratings
Cash management
8.620 Ratings
00 Ratings
Bank reconciliation
9.020 Ratings
00 Ratings
Expense management
8.824 Ratings
00 Ratings
Time tracking
9.018 Ratings
00 Ratings
Fixed asset management
8.611 Ratings
00 Ratings
Multi-currency support
8.310 Ratings
00 Ratings
Multi-division support
9.05 Ratings
00 Ratings
Regulations compliance
8.78 Ratings
00 Ratings
Electronic tax filing
9.320 Ratings
00 Ratings
Self-service portal
9.011 Ratings
00 Ratings
Journals and Reconciliations
8.01 Ratings
10.02 Ratings
Global Financial Support
00 Ratings
10.02 Ratings
Primary and Secondary Ledgers
00 Ratings
8.01 Ratings
Configurable Accounting
00 Ratings
10.02 Ratings
Standardized Processes
00 Ratings
10.02 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
4 Ratings
2% below category average
Sage 500 ERP
8.0
3 Ratings
1% above category average
Inventory tracking
7.72 Ratings
6.03 Ratings
Automatic reordering
8.21 Ratings
10.03 Ratings
Location management
4.51 Ratings
10.03 Ratings
Manufacturing module
9.11 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
13 Ratings
6% above category average
Sage 500 ERP
8.8
2 Ratings
12% above category average
Pricing
8.19 Ratings
8.02 Ratings
Order entry
6.82 Ratings
9.02 Ratings
Credit card processing
8.25 Ratings
9.02 Ratings
Cost of goods sold
9.13 Ratings
10.02 Ratings
Order Orchestration
00 Ratings
8.01 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
5.9
2 Ratings
23% below category average
Billing Management
00 Ratings
10.02 Ratings
Cash and Asset Management
00 Ratings
8.02 Ratings
Travel & Expense Management
00 Ratings
8.01 Ratings
Budgetary Control & Encumbrance Accounting
00 Ratings
2.01 Ratings
Period Close
00 Ratings
8.02 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
9% below category average
Budgeting and Forecasting
00 Ratings
1.01 Ratings
Project Costing
00 Ratings
3.01 Ratings
Cost Capture
00 Ratings
8.01 Ratings
Capital Project Management
00 Ratings
9.01 Ratings
Customer Contract Compliance
00 Ratings
9.01 Ratings
Project Revenue Recognition
00 Ratings
9.01 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
43% below category average
Task Insight for Project Managers
00 Ratings
7.01 Ratings
Project Mobile Functionality
00 Ratings
5.01 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
7.5
1 Ratings
2% above category average
Award Lifecycle Management
00 Ratings
6.01 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 Authoring
00 Ratings
8.01 Ratings
Contract Repository
00 Ratings
10.01 Ratings
Requisitions-to-Purchase Orders Integrated
00 Ratings
8.01 Ratings
Supplier Management
00 Ratings
4.01 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
FreeAgent
-
Ratings
Sage 500 ERP
4.3
1 Ratings
42% below category average
Risk Repository
00 Ratings
3.01 Ratings
Control Management
00 Ratings
7.01 Ratings
Control Efficiency Assessments
00 Ratings
4.01 Ratings
Remediation and Certification
00 Ratings
3.01 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
Forecasting
00 Ratings
1.01 Ratings
Inventory Planning
00 Ratings
2.01 Ratings
Performance Monitoring
00 Ratings
1.01 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
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.
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.
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.
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.
We have used Freeagent for many years now and it serves us well for our needs. To change it would mean a lot of work, and this would most likely only happen if the cost became prohibitive to us.
It is a great software that does everything we need for small business clients. It allows to keep the books in a cloud from bookkeeping to accounts production and tax returns, all in one software. There are no major drawbacks and I would highly recommend it for most of our clients.
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.
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.
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.
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.
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.
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.