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
Wolters Kluwer Vero
Score 9.0 out of 10
N/A
Wolters Kluwer offers Vero Admin and Vero Count, tax & accountancy service management solutions. Vero Admin is a modular suite with CRM, document management, and other tools for SMEs. Vero Count is a modular accounting package for SME accountants.
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Pricing
Sage 50
Wolters Kluwer Vero
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
Wolters Kluwer Vero
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
Wolters Kluwer Vero
Features
Sage 50
Wolters Kluwer Vero
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 50
8.6
19 Ratings
13% above category average
Wolters Kluwer Vero
-
Ratings
Pay calculation
9.118 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
7.9
14 Ratings
2% above category average
Wolters Kluwer Vero
-
Ratings
API for custom integration
8.511 Ratings
00 Ratings
Plug-ins
7.313 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 50
8.1
29 Ratings
1% below category average
Wolters Kluwer Vero
-
Ratings
Single sign-on capability
7.524 Ratings
00 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
8.7
32 Ratings
11% above category average
Wolters Kluwer Vero
-
Ratings
Dashboards
8.830 Ratings
00 Ratings
Standard reports
9.232 Ratings
00 Ratings
Custom reports
8.131 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 50
7.6
35 Ratings
0% below category average
Wolters Kluwer Vero
-
Ratings
Accounts payable
9.234 Ratings
00 Ratings
Accounts receivable
9.033 Ratings
00 Ratings
Cash management
8.233 Ratings
00 Ratings
Bank reconciliation
8.933 Ratings
00 Ratings
Expense management
8.531 Ratings
00 Ratings
Time tracking
7.015 Ratings
00 Ratings
Fixed asset management
7.022 Ratings
00 Ratings
Multi-currency support
4.112 Ratings
00 Ratings
Multi-division support
6.616 Ratings
00 Ratings
Regulations compliance
7.015 Ratings
00 Ratings
Electronic tax filing
8.818 Ratings
00 Ratings
Self-service portal
6.913 Ratings
00 Ratings
Global Financial Support
5.56 Ratings
00 Ratings
Primary and Secondary Ledgers
7.19 Ratings
00 Ratings
Intercompany Accounting
7.710 Ratings
00 Ratings
Localizations
8.08 Ratings
00 Ratings
Journals and Reconciliations
8.922 Ratings
00 Ratings
Enterprise Accounting
8.09 Ratings
00 Ratings
Configurable Accounting
8.311 Ratings
00 Ratings
Centralized Rules Framework
7.27 Ratings
00 Ratings
Standardized Processes
8.016 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 50
8.5
21 Ratings
12% above category average
Wolters Kluwer Vero
-
Ratings
Inventory tracking
8.221 Ratings
00 Ratings
Automatic reordering
8.012 Ratings
00 Ratings
Location management
8.410 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.
For everyday bookkeeping and tax keeping, it is well suited and very easy to customize to your personal needs. I really enjoyed the AP functions, some of which I had not had the pleasure to use in other ERPs, like keeping track of payments and as well as being able to create both automatically and manually, payment services.
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.
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.
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.
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
Wolters Kluwer is definitely more user-friendly however, it does not have the option to work on the cloud (at least in my case) and cannot handle vast volumes of data as well as Sage Intacct.
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.