What users are saying about
9 Ratings
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Score 9.8 out of 100
101 Ratings
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Score 7.7 out of 100

Likelihood to Recommend

LivePlan

It's most appropriate when properly set up by someone with a deep knowledge of PNL/Forecasting. It's inappropriate for companies with poorly structured/inconsistently maintained financial statements.
Jason Ogden, President | TrustRadius Reviewer

Sage 50cloud Accounting

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.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

LivePlan
Sage 50cloud Accounting
6.2
Pay calculation
LivePlan
Sage 50cloud Accounting
7.7
Benefit plan administration
LivePlan
Sage 50cloud Accounting
8.0
Direct deposit files
LivePlan
Sage 50cloud Accounting
5.6
Salary revision and increment management
LivePlan
Sage 50cloud Accounting
5.2
Reimbursement management
LivePlan
Sage 50cloud Accounting
4.4

Customization

LivePlan
Sage 50cloud Accounting
7.3
API for custom integration
LivePlan
Sage 50cloud Accounting
9.5
Plug-ins
LivePlan
Sage 50cloud Accounting
5.0

Security

LivePlan
Sage 50cloud Accounting
8.9
Single sign-on capability
LivePlan
Sage 50cloud Accounting
9.0
Role-based user permissions
LivePlan
Sage 50cloud Accounting
8.7

Reporting & Analytics

LivePlan
Sage 50cloud Accounting
8.4
Dashboards
LivePlan
Sage 50cloud Accounting
8.7
Standard reports
LivePlan
Sage 50cloud Accounting
8.5
Custom reports
LivePlan
Sage 50cloud Accounting
8.0

General Ledger and Configurable Accounting

LivePlan
Sage 50cloud Accounting
6.9
Accounts payable
LivePlan
Sage 50cloud Accounting
9.0
Accounts receivable
LivePlan
Sage 50cloud Accounting
8.7
Cash management
LivePlan
Sage 50cloud Accounting
9.0
Bank reconciliation
LivePlan
Sage 50cloud Accounting
8.3
Expense management
LivePlan
Sage 50cloud Accounting
8.4
Time tracking
LivePlan
Sage 50cloud Accounting
6.2
Fixed asset management
LivePlan
Sage 50cloud Accounting
8.2
Multi-currency support
LivePlan
Sage 50cloud Accounting
4.0
Multi-division support
LivePlan
Sage 50cloud Accounting
5.0
Regulations compliance
LivePlan
Sage 50cloud Accounting
7.2
Electronic tax filing
LivePlan
Sage 50cloud Accounting
5.0
Self-service portal
LivePlan
Sage 50cloud Accounting
3.0
Global Financial Support
LivePlan
Sage 50cloud Accounting
3.0
Primary and Secondary Ledgers
LivePlan
Sage 50cloud Accounting
4.0
Intercompany Accounting
LivePlan
Sage 50cloud Accounting
7.0
Localizations
LivePlan
Sage 50cloud Accounting
7.5
Journals and Reconciliations
LivePlan
Sage 50cloud Accounting
8.7
Enterprise Accounting
LivePlan
Sage 50cloud Accounting
7.2
Configurable Accounting
LivePlan
Sage 50cloud Accounting
8.4
Centralized Rules Framework
LivePlan
Sage 50cloud Accounting
7.5
Standardized Processes
LivePlan
Sage 50cloud Accounting
8.9

Inventory Management

LivePlan
Sage 50cloud Accounting
6.6
Inventory tracking
LivePlan
Sage 50cloud Accounting
7.5
Automatic reordering
LivePlan
Sage 50cloud Accounting
7.0
Location management
LivePlan
Sage 50cloud Accounting
7.0
Manufacturing module
LivePlan
Sage 50cloud Accounting
5.0

Order Management

LivePlan
Sage 50cloud Accounting
5.9
Pricing
LivePlan
Sage 50cloud Accounting
6.7
Order entry
LivePlan
Sage 50cloud Accounting
8.3
Credit card processing
LivePlan
Sage 50cloud Accounting
8.0
Cost of goods sold
LivePlan
Sage 50cloud Accounting
8.0
Order Orchestration
LivePlan
Sage 50cloud Accounting
3.5
End-to-end order visibility
LivePlan
Sage 50cloud Accounting
3.5
Order exception Resolution
LivePlan
Sage 50cloud Accounting
3.5

Pros

LivePlan

  • Great for startups that are still working on their idea.
  • Preparing for pitching and presenting.
  • People don't need business knowledge in order to write a professional business plan, everything is explained in details.
  • Simplicity.
Anonymous | TrustRadius Reviewer

Sage 50cloud Accounting

  • 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
Karen Rollins | TrustRadius Reviewer

Cons

LivePlan

  • UX: It's beyond time for an overhaul, especially on mobile. It can make the app seem dated.
  • The accounting software integration has been prone to break and need to be re-setup, though that seems to have improved.
Jason Ogden, President | TrustRadius Reviewer

Sage 50cloud Accounting

  • 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.
Reno M. Borgognoni, CPA, CIA, CGMA | TrustRadius Reviewer

Likelihood to Renew

LivePlan

No score
No answers yet
No answers on this topic

Sage 50cloud Accounting

Sage 50cloud Accounting 9.6
Based on 12 answers
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.
Christine Steele | TrustRadius Reviewer

Usability

LivePlan

No score
No answers yet
No answers on this topic

Sage 50cloud Accounting

Sage 50cloud Accounting 8.9
Based on 4 answers
I have used Sage 50 Premium Accounting for twenty years, and only used their technical support team three times
Emily Dykema | TrustRadius Reviewer

Support Rating

LivePlan

No score
No answers yet
No answers on this topic

Sage 50cloud Accounting

Sage 50cloud Accounting 9.4
Based on 3 answers
They were very knowledgeable of the product, understood my timeline was limited for a software issue and allowed me to get back to my day to day work. The dial into your computer is great so you can monitor what they are doing and learn some tricks yourself
Karen Rollins | TrustRadius Reviewer

Implementation Rating

LivePlan

No score
No answers yet
No answers on this topic

Sage 50cloud Accounting

Sage 50cloud Accounting 9.0
Based on 4 answers
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.
Art Stumpp | TrustRadius Reviewer

Alternatives Considered

LivePlan

We did not really find a similar solution. All other solutions are focused on project management, [there's] nothing on generating a business plan. There is nothing on this level that helps people without any business experience write the plan. They have samples, instructions what to write where, how to prepare for pitching, and generate dashboards. Nothing in this market gets anywhere close to this solution.
Anonymous | TrustRadius Reviewer

Sage 50cloud Accounting

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
Michelle M. Martin | TrustRadius Reviewer

Scalability

LivePlan

No score
No answers yet
No answers on this topic

Sage 50cloud Accounting

Sage 50cloud Accounting 9.1
Based on 1 answer
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.
Reno M. Borgognoni, CPA, CIA, CGMA | TrustRadius Reviewer

Return on Investment

LivePlan

  • For the price, it's worth it for 2 main reasons. Knowing what's going on throughout the year (relative to goals/prior periods), and seeing precisely where financial issues are off track.
Jason Ogden, President | TrustRadius Reviewer

Sage 50cloud Accounting

  • 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.
Nellie Jones (MBA) | TrustRadius Reviewer

Screenshots

Sage 50cloud Accounting

Pricing Details

LivePlan

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

LivePlan Editions & Modules

Edition
Pay as you go$201
6 Months$182
Annual$153
  1. per month
  2. Per month, billed every 6 months
  3. Per month, billed every 12 months
Additional Pricing Details

Sage 50cloud Accounting

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Sage 50cloud Accounting Editions & Modules

Edition
Sage 50 Pro Accounting$2991
Sage 50 Premium Accounting$4492
Sage 50 Quantum Accounting 3 UserStarting at $1,4993
  1. Per year
  2. Per Year
  3. Per year
Additional Pricing Details
Annual traditional plan with license, monthly, and annual subscription plans available.

Rating Summary

Likelihood to Recommend

LivePlan
10.0
Sage 50cloud Accounting
7.8

Likelihood to Renew

LivePlan
Sage 50cloud Accounting
9.6

Usability

LivePlan
Sage 50cloud Accounting
8.9

Support Rating

LivePlan
Sage 50cloud Accounting
9.4

Implementation Rating

LivePlan
Sage 50cloud Accounting
9.0

Scalability

LivePlan
Sage 50cloud Accounting
9.1

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