Odoo Accounting vs. Sage 500 ERP

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Odoo Accounting
Score 8.9 out of 10
N/A
Odoo Accounting is designed to help companies manage their daily accounting with ease and simplicity. They even offer a global view of the state of their business at any time. All financial activities can be managed in one single app, with Odoo Accounting, as well as automation for primary day-to-day tasks. The Odoo app is synchronized with 24,000 banks, to make it easier to link a payment with a statement, based on the transaction in a bank account. Reconciliation can also be done…
$24.90
per month billed yearly per user
Sage 500
Score 7.7 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
Odoo AccountingSage 500 ERP
Editions & Modules
One App Free
$0
Standard
$24.90
per month billed yearly per user
Standard
$31.10
per month per user
Custom
$37.40
per month billed yearly per user
Custom
$46.80
per month per user
No answers on this topic
Offerings
Pricing Offerings
Odoo AccountingSage 500
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsThe Standard and Custom plans include the Odoo apps for a single fee.
More Pricing Information
Community Pulse
Odoo AccountingSage 500 ERP
Features
Odoo AccountingSage 500 ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Odoo Accounting
7.0
1 Ratings
8% below category average
Sage 500 ERP
7.0
2 Ratings
5% below category average
Pay calculation7.01 Ratings9.01 Ratings
Reimbursement management7.01 Ratings00 Ratings
Benefit plan administration00 Ratings6.01 Ratings
Direct deposit files00 Ratings7.02 Ratings
Security
Comparison of Security features of Product A and Product B
Odoo Accounting
8.6
2 Ratings
5% above category average
Sage 500 ERP
8.5
3 Ratings
2% above category average
Role-based user permissions8.62 Ratings10.03 Ratings
Single sign-on capability00 Ratings7.03 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Odoo Accounting
9.1
2 Ratings
16% above category average
Sage 500 ERP
8.0
3 Ratings
9% above category average
Dashboards8.62 Ratings6.03 Ratings
Standard reports8.62 Ratings8.03 Ratings
Custom reports10.01 Ratings10.03 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Odoo Accounting
8.6
2 Ratings
12% above category average
Sage 500 ERP
8.0
3 Ratings
4% above category average
Accounts payable9.12 Ratings10.03 Ratings
Accounts receivable9.12 Ratings10.03 Ratings
Cash management9.12 Ratings00 Ratings
Bank reconciliation9.12 Ratings00 Ratings
Expense management9.12 Ratings00 Ratings
Fixed asset management8.01 Ratings00 Ratings
Multi-currency support9.12 Ratings00 Ratings
Self-service portal10.01 Ratings00 Ratings
Global Financial Support8.01 Ratings10.02 Ratings
Primary and Secondary Ledgers7.01 Ratings8.01 Ratings
Intercompany Accounting8.62 Ratings00 Ratings
Localizations8.62 Ratings00 Ratings
Journals and Reconciliations8.62 Ratings10.02 Ratings
Enterprise Accounting10.01 Ratings00 Ratings
Configurable Accounting9.12 Ratings10.02 Ratings
Centralized Rules Framework7.01 Ratings00 Ratings
Standardized Processes7.01 Ratings10.02 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Odoo Accounting
7.3
1 Ratings
1% below category average
Sage 500 ERP
8.0
3 Ratings
1% above category average
Inventory tracking7.01 Ratings6.03 Ratings
Automatic reordering7.01 Ratings10.03 Ratings
Location management7.01 Ratings10.03 Ratings
Manufacturing module8.01 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Odoo Accounting
7.7
2 Ratings
3% above category average
Sage 500 ERP
8.8
2 Ratings
12% above category average
Pricing8.01 Ratings8.02 Ratings
Order entry8.01 Ratings9.02 Ratings
Credit card processing8.62 Ratings9.02 Ratings
Cost of goods sold8.62 Ratings10.02 Ratings
End-to-end order visibility7.01 Ratings00 Ratings
Order exception Resolution6.01 Ratings00 Ratings
Order Orchestration00 Ratings8.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
Odoo Accounting
8.0
1 Ratings
5% above category average
Sage 500 ERP
8.5
3 Ratings
14% above category average
Plug-ins8.01 Ratings8.03 Ratings
API for custom integration00 Ratings9.03 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
5.9
2 Ratings
24% below category average
Billing Management00 Ratings10.02 Ratings
Cash and Asset Management00 Ratings8.02 Ratings
Travel & Expense Management00 Ratings8.01 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings2.01 Ratings
Period Close00 Ratings8.02 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Odoo Accounting
-
Ratings
Sage 500 ERP
6.9
1 Ratings
9% 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
Odoo Accounting
-
Ratings
Sage 500 ERP
4.5
1 Ratings
44% 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
Odoo Accounting
-
Ratings
Sage 500 ERP
7.5
1 Ratings
2% above category average
Award Lifecycle Management00 Ratings6.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Odoo Accounting
-
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
Odoo Accounting
-
Ratings
Sage 500 ERP
4.3
1 Ratings
43% 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
Odoo Accounting
-
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
Odoo Accounting
-
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
Odoo AccountingSage 500 ERP
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Score 6.7 out of 10
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User Ratings
Odoo AccountingSage 500 ERP
Likelihood to Recommend
9.5
(2 ratings)
10.0
(5 ratings)
Likelihood to Renew
-
(0 ratings)
6.3
(2 ratings)
Usability
9.1
(2 ratings)
10.0
(1 ratings)
Support Rating
8.1
(2 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
6.0
(1 ratings)
Implementation Rating
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
Odoo AccountingSage 500 ERP
Likelihood to Recommend
Odoo
I found out that a tile store near me uses this app. Odoo Invoicing is well suited to most businesses. Perhaps somebody with very little accounting background would find it difficult to use. That said with customer support options and the online training videos they offer, this could be overcome in most cases.
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
Odoo
  • Simple and easy to use Integrated Accounting Software
  • Affordable subscriptions option for cost saving
  • Highly customizable options available
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
Odoo
  • Synchronize Merchant Processor Accounts
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
Odoo
No answers on this topic
Sage
It's too pricey for our size of company.
Read full review
Usability
Odoo
I believe Odoo Accounting software is an easy-to-use, intuitive and user-friendly accounting software that can be available in both free community versions and enterprise versions. In terms of the software subscription cost-effectiveness and overall functionalities, Odoo Accounting will be a good choice for the small and medium businesses that want to change their existing legacy systems into a more modernized and cost-saving fully integrated cloud-based solution because of its user-friendly interface and easy to map with their existing business processes effectively.
Read full review
Sage
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.
Read full review
Support Rating
Odoo
Odoo has two forms of support.
  1. Success packs where you get a Single Point of Contact (SPoC). This is great.
  2. Free support tickets. This is not stellar, and is only applicable within the standard framework. They will not support customizations for free. That said, I have found that they generally can help me out.
Read full review
Sage
No answers on this topic
Online Training
Odoo
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
Odoo
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
Odoo
Odoo Accounting is a simple, easy-to-use, and user-friendly accounting solution in terms of cost efficiency and the knowledge to use it. Odoo has a wide range of applications available and very customizable according to its modular structure. In addition, it is not very complex to use for the users and will be familiar with the system interfaces within a short period.
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
Odoo
  • Low cost
  • More Automation
  • Centralized Management
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

Odoo Accounting Screenshots

Screenshot of