Sage Accounting vs. Wise

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Sage Accounting
Score 7.7 out of 10
N/A
Sage Accounting is online accounting software made to simplify life for small business owners, entrepreneurs, and freelancers by providing the functions needed to take care of daily business to-dos. Users can create and send professional quotes and invoices, track income and expenses and know where the business' financials stand. Every Sage Business Cloud Accounting subscription includes unlimited access to support as well as automatic backups and product updates.
$19
per month
Wise
Score 9.3 out of 10
N/A
Wise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.
$0.41
one-time fee
Pricing
Sage AccountingWise
Editions & Modules
No answers on this topic
ATM Fees over 100 USD per month
2%
One time/%
Accounting Funding transactions
2%
One time/%
Receiving USD wire payments
4.14 USD
One time/%
Getting the Wise Debit card
5 USD
One time/%
Getting account details in 10 currencies
31 USD
One time/%
Sending money
From 0.41%
One time/%
Converting money
From 0.41%
One time/%
Offerings
Pricing Offerings
Sage AccountingWise
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsVersions and pricing listed are for CA products. Versions available and pricing may vary by country. * 2 months free to start, or free for 1 month to try, then $19/$43/$62 +tax/mo (tier depending). Offer valid for new customers only on monthly subscriptions of Sage Business Cloud Accounting. After the promotional period, the monthly subscription rate will renew at the then current rate. May not be combined with any other offers or discounts. To ensure continuous service the subscription plan is an automatically renewing plan. Subsequent months will automatically be billed to the same credit card each month on the anniversary date of purchase. Plans can be terminated at any time prior to the renewal data and not charged for renewal.
More Pricing Information
Community Pulse
Sage AccountingWise
Features
Sage AccountingWise
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage Accounting
9.3
19 Ratings
21% above category average
Wise
-
Ratings
Pay calculation10.015 Ratings00 Ratings
Benefit plan administration9.312 Ratings00 Ratings
Direct deposit files8.812 Ratings00 Ratings
Salary revision and increment management9.410 Ratings00 Ratings
Reimbursement management9.112 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage Accounting
8.5
23 Ratings
11% above category average
Wise
-
Ratings
API for custom integration9.120 Ratings00 Ratings
Plug-ins7.917 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Sage Accounting
9.7
42 Ratings
17% above category average
Wise
-
Ratings
Single sign-on capability9.931 Ratings00 Ratings
Role-based user permissions9.539 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage Accounting
9.1
44 Ratings
16% above category average
Wise
-
Ratings
Dashboards8.040 Ratings00 Ratings
Standard reports9.844 Ratings00 Ratings
Custom reports9.735 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage Accounting
8.7
104 Ratings
13% above category average
Wise
-
Ratings
Accounts payable8.290 Ratings00 Ratings
Accounts receivable9.945 Ratings00 Ratings
Cash management8.080 Ratings00 Ratings
Bank reconciliation7.298 Ratings00 Ratings
Expense management9.934 Ratings00 Ratings
Time tracking6.611 Ratings00 Ratings
Fixed asset management8.128 Ratings00 Ratings
Multi-currency support9.918 Ratings00 Ratings
Multi-division support9.918 Ratings00 Ratings
Regulations compliance9.529 Ratings00 Ratings
Electronic tax filing6.557 Ratings00 Ratings
Self-service portal10.025 Ratings00 Ratings
Global Financial Support9.18 Ratings00 Ratings
Primary and Secondary Ledgers9.515 Ratings00 Ratings
Intercompany Accounting8.011 Ratings00 Ratings
Localizations8.29 Ratings00 Ratings
Journals and Reconciliations9.033 Ratings00 Ratings
Enterprise Accounting7.110 Ratings00 Ratings
Configurable Accounting9.218 Ratings00 Ratings
Centralized Rules Framework8.88 Ratings00 Ratings
Standardized Processes9.520 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage Accounting
7.0
17 Ratings
6% below category average
Wise
-
Ratings
Inventory tracking6.717 Ratings00 Ratings
Automatic reordering8.36 Ratings00 Ratings
Location management5.87 Ratings00 Ratings
Manufacturing module7.05 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage Accounting
8.1
28 Ratings
7% above category average
Wise
-
Ratings
Pricing9.917 Ratings00 Ratings
Order entry7.615 Ratings00 Ratings
Credit card processing8.218 Ratings00 Ratings
Cost of goods sold7.520 Ratings00 Ratings
Order Orchestration7.46 Ratings00 Ratings
End-to-end order visibility7.67 Ratings00 Ratings
Order exception Resolution8.65 Ratings00 Ratings
Best Alternatives
Sage AccountingWise
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.0 out of 10
Square Invoices
Square Invoices
Score 9.2 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.2 out of 10
Apple Pay
Apple Pay
Score 8.8 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
Adyen
Adyen
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Sage AccountingWise
Likelihood to Recommend
8.0
(100 ratings)
9.0
(24 ratings)
Likelihood to Renew
8.3
(11 ratings)
-
(0 ratings)
Usability
8.2
(68 ratings)
-
(0 ratings)
Availability
9.0
(7 ratings)
-
(0 ratings)
Performance
8.9
(7 ratings)
-
(0 ratings)
Support Rating
9.6
(21 ratings)
10.0
(1 ratings)
In-Person Training
9.3
(2 ratings)
-
(0 ratings)
Online Training
9.2
(4 ratings)
-
(0 ratings)
Implementation Rating
7.3
(6 ratings)
-
(0 ratings)
Configurability
8.6
(6 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
9.4
(2 ratings)
-
(0 ratings)
Ease of integration
4.5
(3 ratings)
-
(0 ratings)
Product Scalability
6.7
(7 ratings)
-
(0 ratings)
Professional Services
10.0
(1 ratings)
-
(0 ratings)
Vendor post-sale
7.6
(5 ratings)
-
(0 ratings)
Vendor pre-sale
7.6
(5 ratings)
-
(0 ratings)
User Testimonials
Sage AccountingWise
Likelihood to Recommend
Sage
I wish Sage Accounting had an option to pay for a full year all at once and receive a discount like Series XM does. It was not clear that the yellow dot in customer contacts meant it was NOT default email. Everyone should clearly see who the default email and contact is.
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TransferWise
For a small business looking to expand internationally, transferwise offers lower admin fee and no hidden fee which is very important. It also remove the hassle and headache of setting up accounts with the local banks. Other than the low fees, the best part is we can use transferwise safely with a peace of mind as it is being regulated by the MAS. Lastly, any small business can set up their transferwise account within minutes which is very convenient
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Pros
Sage
  • Bank integration - being able to extract banking transaction into Sage Accounting.
  • Allocation rules - transactions are auto-allocated once allocation rules have been set up. This is a great time-saver.
  • Flexibility - the ability to view transactions, click on them to the allocation point and rectifying if required saves having to create journals, and therefore time. General ledgers therefore stay cleaner and more user-friendly.
Read full review
TransferWise
  • Quick - because funds are transferred domestically, even when going international, you don't have to wait long.
  • Easy - the printout of what information I needed to give the sending bank was complete and easy to understand.
  • Affordable - the fees on both ends were minimal.
Read full review
Cons
Sage
  • The packages for integrating with Sage50 desktop application files are not backwards compatible, so we must store many copies in order to support multiple versions of the Sage50 application that our customers use, in case they aren't immediately updating to the latest version at all times.
Read full review
TransferWise
  • For large money transfers, the tax is a bit expensive so it would be nice if that was adjusted or if there was some economy of scale.
  • Ability to schedule recurring transfers could be useful.
  • Be able to transfer money by using a mobile phone number, like with Mobile Pay or Bizum, when the sender and receiver of the money are in different countries.
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Likelihood to Renew
Sage
We're very happy with the functionality and overall experience of using Sage Accounting for our accounting needs. Currently, we are not even considering whether we would need to look around for a different option. The only things that would make us consider changing would be a significant increase in price or changes to the software which reduce it's ease of function.
Read full review
TransferWise
No answers on this topic
Usability
Sage
We have been using Sage Accounting ever since the original Simply Accounting versions. All through the versions, we've noticed that the app has remained consistent with its screen usage; therefore, retraining of staff is not necessary between versions. As well as the ability to have staff members put down and pick up the use of Sage Accounting
Read full review
TransferWise
No answers on this topic
Reliability and Availability
Sage
Sage has been always available when I want it. If there is any maintenance work to be done by the Sage team, you are told well in advance. Maintenance is generally carried out late at night or before the day begins for most of us. It continues to be the most reliable software I use.
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TransferWise
No answers on this topic
Performance
Sage
Performance is top notch, if it is not, it is probably your wi-fi connection. It has happened that pages load slowly because of an error on Sage side but almost never. Overall reports load fine, the site is fast, navigation is fine. I have a client that has so many invoices, it is slow or gets stuck when you try to load a report for a whole year but it is just too many invoices, it makes sense. Just take 2 report for 6 months and combine them, its not an issue for me. I am happy with Sage Accounting's performance.
Read full review
TransferWise
No answers on this topic
Support Rating
Sage
Sage Accounting are easy to contact and have knowledgeable and helpful staff. Whenever I've encountered a problem I've always been able to get assistance and guidance and it feels like the person at the end of the phone/screen knows the product well.
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TransferWise
We haven't really had to engage with TransferWise support. The platform is simple and easy to use.
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In-Person Training
Sage
Staff are always friendly, and patient, always work at a speed that suits you. You are never rushed, and In only a short time they seem to be able to help you make great strides. It has been a pleasure not a chore, learning how SAGE Accounting works and benefits me and the company.
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TransferWise
No answers on this topic
Online Training
Sage
I find the online training was very informative and they answered all my questions. I am also certified in Sage One and provided online training in the program which I have set up several people on and they love how it keeps them organized.
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TransferWise
No answers on this topic
Implementation Rating
Sage
The clients' business owner worked with Sage on implementation before I began working for them. After consultation with them it is clear the process was quickly performed and without complication. The key takeaway was that Sage is seen as a partner to the business. That said, it was always necessary to engage with an accountant such as myself to extract the best out of the software.
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TransferWise
No answers on this topic
Alternatives Considered
Sage
All Sage products work together, and the systems are set up in similar ways, making training/learning easier. Sage is used by many companies locally and internationally, making managing accounts for both providers and clients/customers easier. It is a complete package for macro enterprises.
Read full review
TransferWise
We considered PayPal payment, ACH bank transfer, and simply mailing a check. TransferWise's fees were much lower than PayPal and our bank. Postage might have been less than TransferWise's fee, but payment could have taken more than a week rather than hours (or days in the case of a new payee).
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Contract Terms and Pricing Model
Sage
The pricing structure is fair and offers good value for money. The billing is done through their online system and you can access your bills at any time. Most contacts only require 30 days' notice, so no need to feel tied in, although I can't imagine why you would want to leave Sage.
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TransferWise
No answers on this topic
Scalability
Sage
You can use Sage in your company for various aspects/positions such as bookkeepers, invoicing clerks, accountant, purchasing etc. Everyone can have their own user login and permissions can be set that specific people can do specific jobs without being able to access other peoples progress or accounts of the company.
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TransferWise
No answers on this topic
Professional Services
Sage
Do not use
Read full review
TransferWise
No answers on this topic
Return on Investment
Sage
  • Being cloud-based, meaning I can work from anywhere, has had a massive ROI, as I am no longer tied to the office.
  • CoPilot has meant we can spend more hours creating work for our business than chasing for payments.
  • Statement Runs mean we do not have to spend half a day carrying out the tasks individually.
Read full review
TransferWise
  • We can save around 5% on our transfer fees
  • The online account management is easier than going into banks personally
  • There's no negative impact...
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ScreenShots

Sage Accounting Screenshots

Screenshot of the All-in-One DashboardScreenshot of the Accounting DashboardScreenshot of an Invoicing Quote EstimateScreenshot of the Purchases TrackerScreenshot of Stock InventoryScreenshot of a VAT Returns List