Sage 500 ERP vs. Thomson Reuters ONESOURCE

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Sage 500
Score 6.7 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
Thomson Reuters ONESOURCE
Score 7.4 out of 10
N/A
Thomson Reuters ONESOURCE is a portfolio of tax and accounting technology for corporations designed to help users boost collaboration with departments and partners and ensure seamless tax compliance no matter where a company does business.N/A
Pricing
Sage 500 ERPThomson Reuters ONESOURCE
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Sage 500Thomson Reuters ONESOURCE
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
Sage 500 ERPThomson Reuters ONESOURCE
Top Pros
Top Cons
Features
Sage 500 ERPThomson Reuters ONESOURCE
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 500 ERP
7.4
1 Ratings
3% above category average
Thomson Reuters ONESOURCE
-
Ratings
Pay calculation9.01 Ratings00 Ratings
Benefit plan administration6.01 Ratings00 Ratings
Direct deposit files9.01 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 500 ERP
4.5
2 Ratings
47% below category average
Thomson Reuters ONESOURCE
-
Ratings
API for custom integration7.02 Ratings00 Ratings
Plug-ins2.02 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 500 ERP
5.0
2 Ratings
48% below category average
Thomson Reuters ONESOURCE
-
Ratings
Single sign-on capability2.02 Ratings00 Ratings
Role-based user permissions8.02 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 500 ERP
8.3
2 Ratings
17% above category average
Thomson Reuters ONESOURCE
-
Ratings
Dashboards8.02 Ratings00 Ratings
Standard reports7.02 Ratings00 Ratings
Custom reports10.02 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 500 ERP
6.6
2 Ratings
14% below category average
Thomson Reuters ONESOURCE
-
Ratings
Accounts payable7.02 Ratings00 Ratings
Accounts receivable7.02 Ratings00 Ratings
Global Financial Support2.01 Ratings00 Ratings
Journals and Reconciliations6.01 Ratings00 Ratings
Configurable Accounting8.01 Ratings00 Ratings
Standardized Processes6.01 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 500 ERP
6.5
2 Ratings
19% below category average
Thomson Reuters ONESOURCE
-
Ratings
Inventory tracking9.02 Ratings00 Ratings
Automatic reordering3.02 Ratings00 Ratings
Location management8.02 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 500 ERP
8.2
1 Ratings
5% above category average
Thomson Reuters ONESOURCE
-
Ratings
Pricing8.21 Ratings00 Ratings
Order entry8.21 Ratings00 Ratings
Credit card processing8.21 Ratings00 Ratings
Cost of goods sold8.21 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Sage 500 ERP
5.4
1 Ratings
31% below category average
Thomson Reuters ONESOURCE
-
Ratings
Billing Management8.01 Ratings00 Ratings
Cash and Asset Management6.01 Ratings00 Ratings
Travel & Expense Management8.01 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting2.01 Ratings00 Ratings
Period Close5.01 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Sage 500 ERP
6.9
1 Ratings
10% below category average
Thomson Reuters ONESOURCE
-
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 Product A and Product B
Sage 500 ERP
4.5
1 Ratings
41% below category average
Thomson Reuters ONESOURCE
-
Ratings
Task Insight for Project Managers7.01 Ratings00 Ratings
Project Mobile Functionality5.01 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Sage 500 ERP
7.5
1 Ratings
1% below category average
Thomson Reuters ONESOURCE
-
Ratings
Award Lifecycle Management6.01 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Sage 500 ERP
6.0
1 Ratings
15% below category average
Thomson Reuters ONESOURCE
-
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 Product A and Product B
Sage 500 ERP
4.3
1 Ratings
41% below category average
Thomson Reuters ONESOURCE
-
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 Product A and Product B
Sage 500 ERP
1.3
1 Ratings
139% below category average
Thomson Reuters ONESOURCE
-
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 Product A and Product B
Sage 500 ERP
5.3
1 Ratings
31% below category average
Thomson Reuters ONESOURCE
-
Ratings
Proposal Management7.01 Ratings00 Ratings
Product Master Data Management4.01 Ratings00 Ratings
Type of tax
Comparison of Type of tax features of Product A and Product B
Sage 500 ERP
-
Ratings
Thomson Reuters ONESOURCE
7.7
2 Ratings
9% below category average
Sales and Use Taxes00 Ratings8.02 Ratings
Cross-border Taxes00 Ratings8.01 Ratings
VAT / GST Taxes00 Ratings8.01 Ratings
Energy and Fuel Taxes00 Ratings7.01 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
Sage 500 ERP
-
Ratings
Thomson Reuters ONESOURCE
7.8
3 Ratings
7% below category average
Geolocation for Tax Assessment00 Ratings8.02 Ratings
3rd-Party Software Integrations00 Ratings8.02 Ratings
Tax Data Reporting00 Ratings9.03 Ratings
Compliance Administration Management00 Ratings7.03 Ratings
Tax Exemption Processing00 Ratings8.02 Ratings
Tax Document Management00 Ratings8.02 Ratings
Complex Tax Scenario Management00 Ratings7.02 Ratings
Best Alternatives
Sage 500 ERPThomson Reuters ONESOURCE
Small Businesses
Acumatica
Acumatica
Score 8.7 out of 10
Canopy
Canopy
Score 9.5 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
LOVAT
LOVAT
Score 10.0 out of 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
Vertex
Vertex
Score 8.4 out of 10
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User Ratings
Sage 500 ERPThomson Reuters ONESOURCE
Likelihood to Recommend
2.0
(4 ratings)
8.0
(7 ratings)
Likelihood to Renew
6.3
(2 ratings)
-
(0 ratings)
Support Rating
-
(0 ratings)
5.9
(2 ratings)
Online Training
6.0
(1 ratings)
-
(0 ratings)
Implementation Rating
8.0
(1 ratings)
-
(0 ratings)
User Testimonials
Sage 500 ERPThomson Reuters ONESOURCE
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.
Read full review
Thomson Reuters
We use [Thomson Reuters ONESOURCE] to prepare federal and state income tax returns which allows us to complete the work assigned very quickly and allow senior members of the team to review the work before submitting in a very fluid state. While not in the tax or busy season, the program is not as used as much.
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.
Read full review
Thomson Reuters
  • ONESOURCE is excellent for providing a holistic suite of products that are specifically geared toward tax compliance.
  • ONESOURCE also does an excellent job of maintaining a fresh look and appearance to their products, but doesn't change the base functionality just to sell more or improve the look of the product.
  • ONESOURCE also does an excellent job of maintaining current tax information. In an ever changing tax world, this is the most important thing for a piece of tax software to provide.
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.
Read full review
Thomson Reuters
  • ONESOURCE absolutely needs to restore their TIN Matching feature. Not having a TIN Matching feature is huge and needs to be addressed immediately.
  • The software interface itself is outdated and clunky. It is way behind in terms of user-friendliness and convenience. Additionally, it is only compatible with Internet Explorer. ONESOURCE is literally the only reason I would ever access Internet Explorer which is notably slower and more prone to freezing than Google Chrome or Safari. A good portion of our business uses Macs which means they are SOL on accessing ONESOURCE.
  • The ability to look at multiple tax years for a single recipient would be huge. Currently, if a recipient asks us to pull three years of data, this means three different searches within each year's ONESOURCE instance. It's tedious and could be improved.
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Likelihood to Renew
Sage
It's too pricey for our size of company.
Read full review
Thomson Reuters
No answers on this topic
Support Rating
Sage
No answers on this topic
Thomson Reuters
The ONESOURCE support has improved significantly over the years. Support sends out emails with the answer provided which helps in the future when the same issue occurs. This reduces the amount of calls to ONESOURCE Support as you can better document the calls and rely on previous answers if the same issue occurs. ONESOURCE support has also implemented a callback feature that reduces the amount of time spent on hold.
Read full review
Online Training
Sage
The online training courses are not up to date. We experienced technical issues with two of the classes.
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Thomson Reuters
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.
Read full review
Thomson Reuters
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.
Read full review
Thomson Reuters
As I said it is an easy-to-use platform and saved us time and money. They have great customer service and have helped our company get new hires checked and in-service faster than our old company. By combining the two services in one place it has made it easier for the new hire and the HR staff to track results. I am a fan!
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.
Read full review
Thomson Reuters
  • Leaves sales tax off invoices from time to time.
  • Reduces the amount of manual work needed to calculate sales tax and to update tax rates.
Read full review
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