TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Sage 500

    Score6.2 out of 10
    N/ASage 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

    TallyPrime

    Score7.9 out of 10
    N/ATallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.

    $855

    one-time fee

    Pricing
    Sage 500TallyPrime
    Editions & Modules
    No answers on this topic
    Silver
    $855
    one-time fee
    Gold
    $2,565
    one-time fee
    Offerings
    Pricing Offerings
    Sage 500TallyPrime
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsUsers can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.
    More Pricing Information
    Features
    Sage 500TallyPrime
    Payroll Management
    Comparison of Payroll Management features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    7.0
    2 Ratings
    7% below category average
    TallyPrime
    9.6
    1 Ratings
    24% above category average
    Pay calculation9.01 Ratings10.01 Ratings
    Benefit plan administration6.01 Ratings9.01 Ratings
    Direct deposit files7.02 Ratings9.01 Ratings
    Salary revision and increment management00 Ratings10.01 Ratings
    Reimbursement management00 Ratings10.01 Ratings
    Customization
    Comparison of Customization features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    8.5
    3 Ratings
    12% above category average
    TallyPrime
    10.0
    1 Ratings
    28% above category average
    API for custom integration9.03 Ratings10.01 Ratings
    Plug-ins8.03 Ratings10.01 Ratings
    Security
    Comparison of Security features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    8.5
    3 Ratings
    1% above category average
    TallyPrime
    10.0
    1 Ratings
    20% above category average
    Single sign-on capability7.03 Ratings10.01 Ratings
    Role-based user permissions10.03 Ratings10.01 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    8.0
    3 Ratings
    6% above category average
    TallyPrime
    10.0
    1 Ratings
    24% above category average
    Dashboards6.03 Ratings10.01 Ratings
    Standard reports8.03 Ratings10.01 Ratings
    Custom reports10.03 Ratings10.01 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    8.0
    3 Ratings
    4% above category average
    TallyPrime
    8.9
    1 Ratings
    15% above category average
    Accounts payable10.03 Ratings9.01 Ratings
    Accounts receivable10.03 Ratings10.01 Ratings
    Global Financial Support10.02 Ratings10.01 Ratings
    Primary and Secondary Ledgers8.01 Ratings10.01 Ratings
    Journals and Reconciliations10.02 Ratings10.01 Ratings
    Configurable Accounting10.02 Ratings00 Ratings
    Standardized Processes10.02 Ratings10.01 Ratings
    Cash management00 Ratings10.01 Ratings
    Bank reconciliation00 Ratings8.01 Ratings
    Expense management00 Ratings10.01 Ratings
    Time tracking00 Ratings7.01 Ratings
    Fixed asset management00 Ratings9.01 Ratings
    Multi-currency support00 Ratings8.01 Ratings
    Multi-division support00 Ratings9.01 Ratings
    Regulations compliance00 Ratings7.01 Ratings
    Electronic tax filing00 Ratings8.01 Ratings
    Self-service portal00 Ratings9.01 Ratings
    Intercompany Accounting00 Ratings7.01 Ratings
    Localizations00 Ratings9.01 Ratings
    Enterprise Accounting00 Ratings10.01 Ratings
    Inventory Management
    Comparison of Inventory Management features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    8.0
    3 Ratings
    0% above category average
    TallyPrime
    10.0
    1 Ratings
    31% above category average
    Inventory tracking6.03 Ratings10.01 Ratings
    Automatic reordering10.03 Ratings00 Ratings
    Location management10.03 Ratings10.01 Ratings
    Order Management
    Comparison of Order Management features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    8.8
    2 Ratings
    10% above category average
    TallyPrime
    -
    Ratings
    Pricing8.02 Ratings00 Ratings
    Order entry9.02 Ratings00 Ratings
    Credit card processing9.02 Ratings00 Ratings
    Cost of goods sold10.02 Ratings00 Ratings
    Order Orchestration8.01 Ratings00 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    5.9
    2 Ratings
    25% below category average
    TallyPrime
    -
    Ratings
    Billing Management10.02 Ratings00 Ratings
    Cash and Asset Management8.02 Ratings00 Ratings
    Travel & Expense Management8.01 Ratings00 Ratings
    Budgetary Control & Encumbrance Accounting2.01 Ratings00 Ratings
    Period Close8.02 Ratings00 Ratings
    Project Financial Management
    Comparison of Project Financial Management features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    6.9
    1 Ratings
    9% below category average
    TallyPrime
    -
    Ratings
    Budgeting and Forecasting1.01 Ratings00 Ratings
    Project Costing3.01 Ratings00 Ratings
    Cost Capture8.01 Ratings00 Ratings
    Capital Project Management9.01 Ratings00 Ratings
    Customer Contract Compliance9.01 Ratings00 Ratings
    Project Revenue Recognition9.01 Ratings00 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    4.5
    1 Ratings
    45% below category average
    TallyPrime
    -
    Ratings
    Task Insight for Project Managers7.01 Ratings00 Ratings
    Project Mobile Functionality5.01 Ratings00 Ratings
    Grants Management
    Comparison of Grants Management features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    7.5
    1 Ratings
    1% above category average
    TallyPrime
    -
    Ratings
    Award Lifecycle Management6.01 Ratings00 Ratings
    Procurement
    Comparison of Procurement features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    6.0
    1 Ratings
    17% below category average
    TallyPrime
    -
    Ratings
    Contract Authoring8.01 Ratings00 Ratings
    Contract Repository10.01 Ratings00 Ratings
    Requisitions-to-Purchase Orders Integrated8.01 Ratings00 Ratings
    Supplier Management4.01 Ratings00 Ratings
    Risk Management
    Comparison of Risk Management features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    4.3
    1 Ratings
    44% below category average
    TallyPrime
    -
    Ratings
    Risk Repository3.01 Ratings00 Ratings
    Control Management7.01 Ratings00 Ratings
    Control Efficiency Assessments4.01 Ratings00 Ratings
    Remediation and Certification3.01 Ratings00 Ratings
    Supply Chain
    Comparison of Supply Chain features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    1.3
    1 Ratings
    140% below category average
    TallyPrime
    -
    Ratings
    Forecasting1.01 Ratings00 Ratings
    Inventory Planning2.01 Ratings00 Ratings
    Performance Monitoring1.01 Ratings00 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of Sage 500 ERP and TallyPrime
    Feature
    Sage 500 ERP
    5.3
    1 Ratings
    33% below category average
    TallyPrime
    -
    Ratings
    Proposal Management7.01 Ratings00 Ratings
    Product Master Data Management4.01 Ratings00 Ratings
    Best Alternatives
    Sage 500TallyPrime
    Small Businesses
    Zoho One
    Score9.2 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    Medium-sized Companies
    Zoho One
    Score9.2 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    Microsoft Dynamics GP
    Score5.5 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Sage 500TallyPrime
    Likelihood to Recommend
    10.0
    (5 ratings)
    10.0
    (2 ratings)
    Likelihood to Renew
    6.3
    (2 ratings)
    -
    (0 ratings)
    Usability
    10.0
    (1 ratings)
    9.0
    (1 ratings)
    Online Training
    6.0
    (1 ratings)
    -
    (0 ratings)
    Implementation Rating
    8.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Sage 500TallyPrime
    Likelihood to Recommend
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    When talking about the best, It suits best for accounting the day to day transaction along with reporting the summary of transaction in comparison with other accounting software like Zoho Books for instance, which we used earlier for accounting transactions. I feel TallyPrime is the leader in the industry. Regarding the less appropirate scenarios are its User interface. which needs to be carved further in future, recommended to come up with a Customized Theming option as users generally feel not so comfortable with the same colors every time. Change is generally expected to include customized vibrant colors. I'm curios watch the developments in future.
    Incentivized
    Read full review
    Pros
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    • TallyPrime simplifies tax management by automatically calculating various taxes, such as GST, based on transaction data.
    • TallyPrime's payroll module handles complex payroll calculations effortlessly
    • It offers user-level access control and encryption, ensuring that sensitive financial data is protected
    Incentivized
    Read full review
    Cons
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    • TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
    • I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
    • The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
    • The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
    Incentivized
    Read full review
    Likelihood to Renew
    Sage
    It's too pricey for our size of company.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    No answers on this topic
    Usability
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
    Incentivized
    Read full review
    Online Training
    Sage
    The online training courses are not up to date. We experienced technical issues with two of the classes.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    No answers on this topic
    Implementation Rating
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    No answers on this topic
    Alternatives Considered
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    TallyPrime often appeals to small to medium-sized businesses due to its affordability. Its strength in inventory management and tax compliance may make it a top choice for retail or business clients in regions with complex tax regulations. Real saviour when it comes to companies with production and inventory management. Thank you Team for the software.
    Incentivized
    Read full review
    Return on Investment
    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.
    Incentivized
    Read full review
    Tally Solutions Pvt Ltd
    • Significantly streamlined our financial operations.
    • Accounting, Inventory Management, and Tax Compliance are invaluable.
    • Real-time reporting provides crucial insights for decision-making
    Incentivized
    Read full review
    ScreenShots