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.
$61.92
per month per user
ScaleFactor
Score 9.5 out of 10
Small Businesses (1-50 employees)
Austin-based ScaleFactor provides their small business accounting automation platform designed to combine software and expert assistance to SMBs and remove concern for financial, tax and accounting challenges.
N/A
Pricing
Sage 50
ScaleFactor
Editions & Modules
Sage 50 Pro Accounting
$61.92
per month
Sage 50 Premium Accounting
$103.92
per month per user
Sage 50 Quantum Accounting 3 User
$177.17
per month per user
No answers on this topic
Offerings
Pricing Offerings
Sage 50
ScaleFactor
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Annual billing plans also available for all products.
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More Pricing Information
Community Pulse
Sage 50
ScaleFactor
Features
Sage 50
ScaleFactor
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 50
8.5
19 Ratings
12% above category average
ScaleFactor
-
Ratings
Pay calculation
8.618 Ratings
00 Ratings
Benefit plan administration
8.013 Ratings
00 Ratings
Direct deposit files
10.014 Ratings
00 Ratings
Salary revision and increment management
8.014 Ratings
00 Ratings
Reimbursement management
8.014 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 50
7.2
14 Ratings
5% below category average
ScaleFactor
9.0
2 Ratings
17% above category average
API for custom integration
7.811 Ratings
00 Ratings
Plug-ins
6.613 Ratings
9.02 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 50
7.9
29 Ratings
4% below category average
ScaleFactor
9.5
4 Ratings
15% above category average
Single sign-on capability
7.124 Ratings
9.54 Ratings
Role-based user permissions
8.726 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 50
8.4
32 Ratings
7% above category average
ScaleFactor
9.6
5 Ratings
20% above category average
Dashboards
8.630 Ratings
9.55 Ratings
Standard reports
9.032 Ratings
9.54 Ratings
Custom reports
7.631 Ratings
10.02 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 50
7.4
35 Ratings
3% below category average
ScaleFactor
9.5
5 Ratings
22% above category average
Accounts payable
9.034 Ratings
10.04 Ratings
Accounts receivable
8.833 Ratings
9.02 Ratings
Cash management
8.033 Ratings
9.03 Ratings
Bank reconciliation
8.633 Ratings
9.55 Ratings
Expense management
8.531 Ratings
9.55 Ratings
Time tracking
7.015 Ratings
00 Ratings
Fixed asset management
7.022 Ratings
00 Ratings
Multi-currency support
4.012 Ratings
00 Ratings
Multi-division support
6.016 Ratings
9.04 Ratings
Regulations compliance
6.515 Ratings
9.54 Ratings
Electronic tax filing
8.418 Ratings
10.03 Ratings
Self-service portal
6.013 Ratings
9.04 Ratings
Global Financial Support
5.66 Ratings
00 Ratings
Primary and Secondary Ledgers
6.99 Ratings
00 Ratings
Intercompany Accounting
7.710 Ratings
00 Ratings
Localizations
7.78 Ratings
00 Ratings
Journals and Reconciliations
8.822 Ratings
00 Ratings
Enterprise Accounting
7.79 Ratings
00 Ratings
Configurable Accounting
8.111 Ratings
00 Ratings
Centralized Rules Framework
6.87 Ratings
00 Ratings
Standardized Processes
7.916 Ratings
10.03 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 50
8.4
21 Ratings
14% above category average
ScaleFactor
9.0
4 Ratings
21% above category average
Inventory tracking
8.121 Ratings
9.04 Ratings
Automatic reordering
8.012 Ratings
00 Ratings
Location management
8.110 Ratings
00 Ratings
Manufacturing module
9.09 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 50 Accounts is well-suited for small to medium-sized enterprises, where there is a moderate number of expenses and invoices that need processing, typically by a company with a smaller finance team. Sage 50 is probably less suitable for a large organisation that needs to handle a higher volume of transactions and manage significant stock levels.
I work with several businesses and have attempted to bring ScaleFactor into multiple. Thus far the business status/environment has been suitable for ScaleFactor only once, but I'll continue to look for more. ScaleFactor is great when a company has matured beyond the owner making all accounting and banking entries. As soon as multiple systems are needed, it's likely a decent time to call ScaleFactor. I'm confident my operations could run through ScaleFactor for a long time as the next step for us would be something akin to NetSuite or some other more rigid enterprise solution. Additionally, our business has a geographically displaced work force, typically working from home. Having access to all systems via the cloud has been great. No longer do we have to pass a specific computer back and forth for a physical computer software license. It's enabled maximum work flow convenience.
We can build "templates" for recurrent charges/invoices. This saves some time and also ensures that we always use the right accounting rubric.
A lot of additional information can be filled out such as client information (name, address, ...) which makes the software a little more complete.
If you don't need an updated version every year (my case) then the software is not too expensive. The pro version that I'm using was just a little over $300.
I really like the banking statement consolidation which allows you to ensure you got the right information registered.
ScaleFactor has been a great resource for me as I got my business off the ground. They have allowed me to focus on marketing and strategy while they handle my Quickbooks and other accounting needs. Great accounting and finance solutions that don't require you to hire an in-house staff
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.
Could connect with All saving accounts i.e. Building society saving aswell as major banks.
When a connected bank or savings account hasn't been used for a month or 2 it could show a 0 transaction to keep it updated rather then saying "last updated 3 months ago"
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.
I think Sage 50 is a trusted product and is reliable from a product delivery and support perspective. They have deep domain expertise in the non-profit space and should be a consideration for new non-profit startups or existing non-profits looking to migrate from other platforms. Overall, I believe that Sage 50 does many things well with few limitations.
ScaleFactor has been a great resource for me as I got my business off the ground. They have allowed me to focus on marketing and strategy while they handle my Quickbooks and other accounting needs. Great accounting and finance solutions that don't require you to hire an in-house staff.
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
We implemented Sage 50 Premium Accounting in house, not using any third party or professional service. It was a relatively trouble free process, but can be tricky. Just read all instructions carefully, especially if you need to load the program on a network with more than one user
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
Scale factor, can be used like Xero I believe. However all my past data was already stored in Xero so I used it as an add on. It is a lot more user friendly and helpful, i.e. you don't need to be an accountant to use it. However I am not sure it is useable anymore or supported, so i have gone back to using Xero alone.
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.
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.
They have been fundamental in helping us grow and scale at a relatively low cost in comparison to out-sourcing these functions. We can spend more on other items that can fuel growth while knowing the back end is taken care of.
They provide automated supports for key areas like payroll, expenses, etc so that we can quickly get back to focusing on the other items.