FreeAgent vs. Sage 50cloud Accounting

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 50cloud Accounting
Score 7.7 out of 10
Small Businesses (1-50 employees)
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.
$299
per year
Pricing
FreeAgentSage 50cloud Accounting
Editions & Modules
No answers on this topic
Sage 50 Pro Accounting
$299
per year
Sage 50 Premium Accounting
$449
per year
Sage 50 Quantum Accounting 3 User
Starting at $1,499
per year
Offerings
Pricing Offerings
FreeAgentSage 50cloud Accounting
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAnnual traditional plan with license, monthly, and annual subscription plans available.
More Pricing Information
Community Pulse
FreeAgentSage 50cloud Accounting
Top Pros
Top Cons
Features
FreeAgentSage 50cloud Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
13 Ratings
14% above category average
Sage 50cloud Accounting
9.0
14 Ratings
18% above category average
Pay calculation8.012 Ratings9.014 Ratings
Benefit plan administration8.56 Ratings9.011 Ratings
Direct deposit files8.92 Ratings9.011 Ratings
Salary revision and increment management8.86 Ratings9.013 Ratings
Reimbursement management8.78 Ratings9.013 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
5.5
11 Ratings
25% below category average
Sage 50cloud Accounting
9.0
10 Ratings
24% above category average
API for custom integration4.59 Ratings9.08 Ratings
Plug-ins6.410 Ratings9.09 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
14 Ratings
8% above category average
Sage 50cloud Accounting
9.0
19 Ratings
13% above category average
Single sign-on capability9.013 Ratings9.017 Ratings
Role-based user permissions8.013 Ratings9.017 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
7.8
20 Ratings
3% above category average
Sage 50cloud Accounting
9.0
21 Ratings
17% above category average
Dashboards10.018 Ratings9.020 Ratings
Standard reports9.018 Ratings9.021 Ratings
Custom reports4.410 Ratings9.020 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 50cloud Accounting
8.7
24 Ratings
16% above category average
Accounts payable10.017 Ratings9.023 Ratings
Accounts receivable10.019 Ratings9.022 Ratings
Cash management10.017 Ratings9.022 Ratings
Bank reconciliation10.018 Ratings9.022 Ratings
Expense management10.021 Ratings9.022 Ratings
Time tracking10.016 Ratings9.012 Ratings
Fixed asset management8.611 Ratings9.013 Ratings
Multi-currency support9.17 Ratings8.910 Ratings
Multi-division support9.05 Ratings9.010 Ratings
Regulations compliance8.78 Ratings9.09 Ratings
Electronic tax filing9.018 Ratings9.08 Ratings
Self-service portal9.011 Ratings9.07 Ratings
Journals and Reconciliations8.01 Ratings9.011 Ratings
Global Financial Support00 Ratings9.04 Ratings
Primary and Secondary Ledgers00 Ratings7.05 Ratings
Intercompany Accounting00 Ratings9.06 Ratings
Localizations00 Ratings7.05 Ratings
Enterprise Accounting00 Ratings9.06 Ratings
Configurable Accounting00 Ratings9.06 Ratings
Centralized Rules Framework00 Ratings7.44 Ratings
Standardized Processes00 Ratings9.09 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
4 Ratings
5% above category average
Sage 50cloud Accounting
9.0
16 Ratings
25% above category average
Inventory tracking7.72 Ratings9.016 Ratings
Automatic reordering8.21 Ratings9.010 Ratings
Location management4.51 Ratings9.07 Ratings
Manufacturing module9.11 Ratings9.08 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
13 Ratings
9% above category average
Sage 50cloud Accounting
8.4
17 Ratings
13% above category average
Pricing8.19 Ratings9.014 Ratings
Order entry6.82 Ratings9.016 Ratings
Credit card processing8.25 Ratings9.011 Ratings
Cost of goods sold9.13 Ratings9.015 Ratings
Order Orchestration00 Ratings7.85 Ratings
End-to-end order visibility00 Ratings7.45 Ratings
Order exception Resolution00 Ratings7.85 Ratings
Best Alternatives
FreeAgentSage 50cloud Accounting
Small Businesses
Patriot Software
Patriot Software
Score 9.0 out of 10
Patriot Software
Patriot Software
Score 9.0 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreeAgentSage 50cloud Accounting
Likelihood to Recommend
10.0
(22 ratings)
9.0
(34 ratings)
Likelihood to Renew
-
(0 ratings)
9.6
(12 ratings)
Usability
9.1
(4 ratings)
10.0
(8 ratings)
Availability
8.9
(5 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Support Rating
-
(0 ratings)
10.0
(7 ratings)
Implementation Rating
-
(0 ratings)
9.0
(4 ratings)
Product Scalability
8.2
(1 ratings)
9.1
(1 ratings)
User Testimonials
FreeAgentSage 50cloud Accounting
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.
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Sage
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.
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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.
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Sage
  • It has the capability of "Single Click" processes that allows you to turn Quotes into orders, instant invoicing and track A/R in the Order Screen
  • I can email Sales Orders directly to my Customer and also remind them of past due from a single screen. I can track Project, Closeouts, Over Seas order by setting up Jobs and clicking the job name in Order Entry.
  • You can use recurring entries and copy and paste on the P&L, using masking for department reporting and budgeting
  • You can use the BI feature and export into Excel in Pivot format and utilize Timeline and Slicer to see the company overall performance by months, day or years
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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.
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Sage
  • Sage 50 could use some improvement in the Invoicing Module to allow for more flexibility in the design of the Invoice fields. The report customization tools could use some upgrading for easier use.
  • Fixed assets management module needs to be included with unlimited number of fixed assets.
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Likelihood to Renew
FreeAgent
No answers on this topic
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.
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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.
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Sage
Sage delivers what it promises. The whole accounting package is user friendly and can be easily picked up by a novice. The support is second to none. They always keep us abreast of new technologies and/or changes to accounting that would impact us. The range of reports fits both small and large companies.,
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Reliability and Availability
FreeAgent
Based in a cloud and never had any issues with down time. I can access from any device
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Sage
No answers on this topic
Support Rating
FreeAgent
No answers on this topic
Sage
Although I have only needed to call tech support on three occasions through out the entire time of usage, each time my problem was quickly resolved by people who were obviously well trained and easy to understand. Sage 50 Premium Accounting is a reliable and "bug-free" product that is regularly improved upon.
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Implementation Rating
FreeAgent
No answers on this topic
Sage
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.
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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.
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Sage
As we did the conversion almost 10 years ago it is hard to answer this question. At the time it was the ease of being able to produce both cash and accrual financial statements and reporting that led us to pick Sage
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Scalability
FreeAgent
No answers on this topic
Sage
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.
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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.
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Sage
  • Sage definitely needs to do a better job with customer service. I have had to use them only a handful of times and it was not a great experience but not the worse I've seen. They didn't make us a priority and I felt that they didn't have a sense of urgency. They did address my lack of satisfaction and I can see that they are at least aware of the issues and they are trying to correct them.
  • Sage is exactly what we need in my current organization and I wouldn't change it for another system. I have used quite a few in my lifetime and I would say that it fits our needs.
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