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.
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SOFI
Score 9.0 out of 10
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Pricing
Sage 500 ERP
SOFI
Editions & Modules
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Offerings
Pricing Offerings
Sage 500
SOFI
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Sage 500 ERP
SOFI
Features
Sage 500 ERP
SOFI
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 500 ERP
7.0
2 Ratings
5% below category average
SOFI
-
Ratings
Pay calculation
9.01 Ratings
00 Ratings
Benefit plan administration
6.01 Ratings
00 Ratings
Direct deposit files
7.02 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 500 ERP
8.5
3 Ratings
12% above category average
SOFI
-
Ratings
API for custom integration
9.03 Ratings
00 Ratings
Plug-ins
8.03 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 500 ERP
8.5
3 Ratings
1% above category average
SOFI
-
Ratings
Single sign-on capability
7.03 Ratings
00 Ratings
Role-based user permissions
10.03 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 500 ERP
8.0
3 Ratings
8% above category average
SOFI
-
Ratings
Dashboards
6.03 Ratings
00 Ratings
Standard reports
8.03 Ratings
00 Ratings
Custom reports
10.03 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 500 ERP
8.0
3 Ratings
4% above category average
SOFI
7.1
1 Ratings
8% below category average
Accounts payable
10.03 Ratings
7.01 Ratings
Accounts receivable
10.03 Ratings
7.01 Ratings
Global Financial Support
10.02 Ratings
5.01 Ratings
Primary and Secondary Ledgers
8.01 Ratings
5.01 Ratings
Journals and Reconciliations
10.02 Ratings
8.01 Ratings
Configurable Accounting
10.02 Ratings
9.01 Ratings
Standardized Processes
10.02 Ratings
9.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 500 ERP
8.0
3 Ratings
0% above category average
SOFI
-
Ratings
Inventory tracking
6.03 Ratings
00 Ratings
Automatic reordering
10.03 Ratings
00 Ratings
Location management
10.03 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 500 ERP
8.8
2 Ratings
11% above category average
SOFI
-
Ratings
Pricing
8.02 Ratings
00 Ratings
Order entry
9.02 Ratings
00 Ratings
Credit card processing
9.02 Ratings
00 Ratings
Cost of goods sold
10.02 Ratings
00 Ratings
Order Orchestration
8.01 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Sage 500 ERP
5.9
2 Ratings
24% below category average
SOFI
-
Ratings
Billing Management
10.02 Ratings
00 Ratings
Cash and Asset Management
8.02 Ratings
00 Ratings
Travel & Expense Management
8.01 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
2.01 Ratings
00 Ratings
Period Close
8.02 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Sage 500 ERP
6.9
1 Ratings
9% below category average
SOFI
-
Ratings
Budgeting and Forecasting
1.01 Ratings
00 Ratings
Project Costing
3.01 Ratings
00 Ratings
Cost Capture
8.01 Ratings
00 Ratings
Capital Project Management
9.01 Ratings
00 Ratings
Customer Contract Compliance
9.01 Ratings
00 Ratings
Project Revenue Recognition
9.01 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Sage 500 ERP
4.5
1 Ratings
44% below category average
SOFI
-
Ratings
Task Insight for Project Managers
7.01 Ratings
00 Ratings
Project Mobile Functionality
5.01 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Sage 500 ERP
7.5
1 Ratings
1% above category average
SOFI
-
Ratings
Award Lifecycle Management
6.01 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Sage 500 ERP
6.0
1 Ratings
16% below category average
SOFI
-
Ratings
Contract Authoring
8.01 Ratings
00 Ratings
Contract Repository
10.01 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
8.01 Ratings
00 Ratings
Supplier Management
4.01 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Sage 500 ERP
4.3
1 Ratings
44% below category average
SOFI
-
Ratings
Risk Repository
3.01 Ratings
00 Ratings
Control Management
7.01 Ratings
00 Ratings
Control Efficiency Assessments
4.01 Ratings
00 Ratings
Remediation and Certification
3.01 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Sage 500 ERP
1.3
1 Ratings
139% below category average
SOFI
-
Ratings
Forecasting
1.01 Ratings
00 Ratings
Inventory Planning
2.01 Ratings
00 Ratings
Performance Monitoring
1.01 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
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.
They honestly do everything. From their APY to monthly payments to ease of transfer to fee free ATMs, and an app that allows to you to solve nearly anything and I mean anything and everything on your own on your own personal cell phone. I love SOFI and their stadium.
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.
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.
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.
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.
Hatch had a great APY, but nothing to invest towards my IRA. Then, they lost their APY so I got SOFI. I'm not sure if Hatch is in business anymore, but I'd stick with SOFI for an online bank over nearly all others. PayPal and Cash app don't come close either.
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.