Sage 500 ERP vs. Visual Lease

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

Visual Lease is well suited for companies that are trying to manage their leases in a more automated way other then spreadsheet. A company that needs visibility around their leases and wants to stay in compliance with the ever changing world of accounting. A company that wants a software that can integrate with their ERP and make routine monthly accounting entries.

Incentivized

• 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

• Generates abstract reports
• Allows us to include lessor's leases
• Fairly user friendly

Incentivized

• 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

• So far, this has worked out extremely well for our governmental environment.

Incentivized

It's too pricey for our size of company.

Incentivized

Visual Lease has been really helpful to our company and we haven't had any issues

Incentivized

Visual Lease support was not too impressive to me because when I reached out to ask about the XXX codes in the journal entries, they did not seem concerned. They just said they were default accounts, but I did not know what I was supposed to do with them since we did not have these accounts. Also, when I asked about API integration, I could not get a good response on how to get Visual Lease to be connected with Intacct.

Incentivized

The online training courses are not up to date. We experienced technical issues with two of the classes.

Incentivized

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

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

We also evaluated Lease Accelerator and Lease Query. We didn't go with Lease Accelerator because it didn't have lessor leases. We did not go with Lease Query because they did not have abstract reports.

Incentivized

• 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

• This has been extremely important in compiling all of the many leases that we have going on throughout different years and timelines.

Incentivized