Sage 50cloud Accounting vs. Thomson Reuters CS Professional Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Sage 50cloud Accounting
Score 7.8 out of 10
Small Businesses (1-50 employees)
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.
$299
per year
Thomson Reuters CS Professional Suite
Score 7.3 out of 10
N/A
Thomson Reuters CS Professional Suite is integrated tax and accounting software that manages the operations of legal firms. It is used to collect client data, and post finished tax returns, from managing client engagements to practice management.N/A
Pricing
Sage 50cloud AccountingThomson Reuters CS Professional Suite
Editions & Modules
Sage 50 Pro Accounting
$299
per year
Sage 50 Premium Accounting
$449
per year
Sage 50 Quantum Accounting 3 User
Starting at $1,499
per year
No answers on this topic
Offerings
Pricing Offerings
Sage 50cloud AccountingThomson Reuters CS Professional Suite
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAnnual traditional plan with license, monthly, and annual subscription plans available.
More Pricing Information
Community Pulse
Sage 50cloud AccountingThomson Reuters CS Professional Suite
Top Pros
Top Cons
Features
Sage 50cloud AccountingThomson Reuters CS Professional Suite
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage 50cloud Accounting
9.0
14 Ratings
23% above category average
Thomson Reuters CS Professional Suite
10.0
1 Ratings
33% above category average
Pay calculation9.014 Ratings10.01 Ratings
Benefit plan administration9.011 Ratings00 Ratings
Direct deposit files9.011 Ratings00 Ratings
Salary revision and increment management9.013 Ratings00 Ratings
Reimbursement management9.013 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage 50cloud Accounting
9.0
10 Ratings
27% above category average
Thomson Reuters CS Professional Suite
8.5
1 Ratings
22% above category average
API for custom integration9.08 Ratings8.01 Ratings
Plug-ins9.09 Ratings9.01 Ratings
Security
Comparison of Security features of Product A and Product B
Sage 50cloud Accounting
9.0
19 Ratings
14% above category average
Thomson Reuters CS Professional Suite
8.2
4 Ratings
4% above category average
Single sign-on capability9.017 Ratings8.33 Ratings
Role-based user permissions9.017 Ratings8.14 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage 50cloud Accounting
9.0
21 Ratings
19% above category average
Thomson Reuters CS Professional Suite
7.2
4 Ratings
3% below category average
Dashboards9.020 Ratings8.13 Ratings
Standard reports9.021 Ratings8.04 Ratings
Custom reports9.020 Ratings5.64 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage 50cloud Accounting
8.7
24 Ratings
19% above category average
Thomson Reuters CS Professional Suite
8.6
4 Ratings
18% above category average
Accounts payable9.023 Ratings8.01 Ratings
Accounts receivable9.022 Ratings8.01 Ratings
Cash management9.022 Ratings10.01 Ratings
Bank reconciliation9.022 Ratings10.02 Ratings
Expense management9.022 Ratings10.01 Ratings
Time tracking9.012 Ratings9.01 Ratings
Fixed asset management9.013 Ratings9.02 Ratings
Multi-currency support8.910 Ratings7.12 Ratings
Multi-division support9.010 Ratings8.01 Ratings
Regulations compliance9.09 Ratings10.02 Ratings
Electronic tax filing9.08 Ratings8.01 Ratings
Self-service portal9.07 Ratings9.01 Ratings
Global Financial Support9.04 Ratings00 Ratings
Primary and Secondary Ledgers6.95 Ratings8.01 Ratings
Intercompany Accounting9.06 Ratings8.01 Ratings
Localizations6.95 Ratings8.01 Ratings
Journals and Reconciliations9.011 Ratings8.03 Ratings
Enterprise Accounting9.06 Ratings8.01 Ratings
Configurable Accounting9.06 Ratings8.01 Ratings
Centralized Rules Framework7.44 Ratings9.01 Ratings
Standardized Processes9.09 Ratings9.13 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage 50cloud Accounting
9.0
16 Ratings
29% above category average
Thomson Reuters CS Professional Suite
10.0
1 Ratings
39% above category average
Inventory tracking9.016 Ratings00 Ratings
Automatic reordering9.010 Ratings00 Ratings
Location management9.07 Ratings10.01 Ratings
Manufacturing module9.08 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage 50cloud Accounting
8.4
17 Ratings
17% above category average
Thomson Reuters CS Professional Suite
-
Ratings
Pricing9.014 Ratings00 Ratings
Order entry9.016 Ratings00 Ratings
Credit card processing9.011 Ratings00 Ratings
Cost of goods sold9.015 Ratings00 Ratings
Order Orchestration7.85 Ratings00 Ratings
End-to-end order visibility7.45 Ratings00 Ratings
Order exception Resolution7.85 Ratings00 Ratings
Best Alternatives
Sage 50cloud AccountingThomson Reuters CS Professional Suite
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Sage 50cloud AccountingThomson Reuters CS Professional Suite
Likelihood to Recommend
9.0
(34 ratings)
8.5
(4 ratings)
Likelihood to Renew
9.6
(12 ratings)
-
(0 ratings)
Usability
10.0
(8 ratings)
8.9
(2 ratings)
Support Rating
10.0
(7 ratings)
9.9
(2 ratings)
Implementation Rating
9.0
(4 ratings)
-
(0 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
Sage 50cloud AccountingThomson Reuters CS Professional Suite
Likelihood to Recommend
Sage
Sage is great for portability and exchange with external accountants as it is widely used and people will be able to read your data in. It's a very good and complete solution for a little business where one person can handle all of the accounting. I doubt that it scales well to large companies with several in-house accountants working at the same time.
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Thomson Reuters
It is extremely suitable for the client since for us they are all US-based companies, even though the main headquarters of our business is in Mexico.

It is less appropriate in terms of usability than taxes, since it does not include adaptability to Mexican legislation, and its deployment through customizations and reports is extremely expensive.
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Pros
Sage
  • It has the capability of "Single Click" processes that allows you to turn Quotes into orders, instant invoicing and track A/R in the Order Screen
  • I can email Sales Orders directly to my Customer and also remind them of past due from a single screen. I can track Project, Closeouts, Over Seas order by setting up Jobs and clicking the job name in Order Entry.
  • You can use recurring entries and copy and paste on the P&L, using masking for department reporting and budgeting
  • You can use the BI feature and export into Excel in Pivot format and utilize Timeline and Slicer to see the company overall performance by months, day or years
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Thomson Reuters
  • Allows users to create associations, groups, locations, or property types to categorize each asset.
  • Fixed Assets CS can be deployed in a virtual office setting or as a SaaS application.
  • Fixed Assets CS also supports common depreciation methods.
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Cons
Sage
  • 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.
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Thomson Reuters
  • Requires a time investment for the learning curve to fully utilize the benefits provided by CS Professional Suite.
  • Older looking UI and aesthetic.
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Likelihood to Renew
Sage
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.
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Thomson Reuters
No answers on this topic
Usability
Sage
Sage delivers what it promises. The whole accounting package is user friendly and can be easily picked up by a novice. The support is second to none. They always keep us abreast of new technologies and/or changes to accounting that would impact us. The range of reports fits both small and large companies.,
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Thomson Reuters
The platform is stable even though a version for MacOS is also missed.

In general, the user management and administration process is intuitive and once the roles are defined it is simple and easy.

However, the user experience has become out of date in relation to other web-based platforms currently available on the market.
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Support Rating
Sage
Although I have only needed to call tech support on three occasions through out the entire time of usage, each time my problem was quickly resolved by people who were obviously well trained and easy to understand. Sage 50 Premium Accounting is a reliable and "bug-free" product that is regularly improved upon.
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Thomson Reuters
Support for Thomson Reuters is very in-depth as they have a ton of knowledge articles that help troubleshoot common issues and gives a launching pad for users to learn more about the product and help them use the tools effectively and efficiently. When needed, reaching out to the live support is always prompt and we are able to effectively work past any issues that come up.
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Implementation Rating
Sage
Sage 50 is a strong accounting software package. It will work efficiently if it is installed correctly. If one puts garbage in, one will get garbage out. Also it is important to train the staff to use Sage 50 properly. It is also important to set up security for each user.
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Thomson Reuters
No answers on this topic
Alternatives Considered
Sage
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
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Thomson Reuters
Thomson Reuters is all I have experience with.
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Scalability
Sage
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.
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Thomson Reuters
No answers on this topic
Return on Investment
Sage
  • 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.
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Thomson Reuters
  • Not authorized to view the large scale picture of Thomson Reuters CS Suite on ROI, however, it has been a part of the business model for years with constant updates and is only getting more and more efficient as time goes on.
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