Sage Accounting vs. Thomson Reuters ONESOURCE

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.
$10
per month
Thomson Reuters ONESOURCE
Score 7.3 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 AccountingThomson Reuters ONESOURCE
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Sage AccountingThomson Reuters ONESOURCE
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsVersions and pricing listed are for US products. Versions available and pricing may vary by country.—
More Pricing Information
Community Pulse
Sage AccountingThomson Reuters ONESOURCE
Top Pros
Top Cons
Features
Sage AccountingThomson Reuters ONESOURCE
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Sage Accounting
9.1
14 Ratings
20% above category average
Thomson Reuters ONESOURCE
-
Ratings
Pay calculation9.212 Ratings00 Ratings
Benefit plan administration9.18 Ratings00 Ratings
Direct deposit files9.19 Ratings00 Ratings
Salary revision and increment management9.18 Ratings00 Ratings
Reimbursement management9.19 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Sage Accounting
8.3
17 Ratings
16% above category average
Thomson Reuters ONESOURCE
-
Ratings
API for custom integration9.814 Ratings00 Ratings
Plug-ins6.813 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Sage Accounting
8.9
34 Ratings
12% above category average
Thomson Reuters ONESOURCE
-
Ratings
Single sign-on capability8.624 Ratings00 Ratings
Role-based user permissions9.131 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Sage Accounting
6.5
36 Ratings
15% below category average
Thomson Reuters ONESOURCE
-
Ratings
Dashboards1.933 Ratings00 Ratings
Standard reports8.836 Ratings00 Ratings
Custom reports8.727 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Sage Accounting
7.8
39 Ratings
5% above category average
Thomson Reuters ONESOURCE
-
Ratings
Accounts payable9.335 Ratings00 Ratings
Accounts receivable9.237 Ratings00 Ratings
Cash management9.131 Ratings00 Ratings
Bank reconciliation9.036 Ratings00 Ratings
Expense management9.829 Ratings00 Ratings
Time tracking6.89 Ratings00 Ratings
Fixed asset management2.523 Ratings00 Ratings
Multi-currency support7.214 Ratings00 Ratings
Multi-division support3.513 Ratings00 Ratings
Regulations compliance8.422 Ratings00 Ratings
Electronic tax filing8.819 Ratings00 Ratings
Self-service portal8.622 Ratings00 Ratings
Global Financial Support8.27 Ratings00 Ratings
Primary and Secondary Ledgers8.110 Ratings00 Ratings
Intercompany Accounting6.98 Ratings00 Ratings
Localizations7.87 Ratings00 Ratings
Journals and Reconciliations8.225 Ratings00 Ratings
Enterprise Accounting8.39 Ratings00 Ratings
Configurable Accounting8.013 Ratings00 Ratings
Centralized Rules Framework7.66 Ratings00 Ratings
Standardized Processes8.113 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Sage Accounting
8.1
14 Ratings
14% above category average
Thomson Reuters ONESOURCE
-
Ratings
Inventory tracking6.214 Ratings00 Ratings
Automatic reordering9.15 Ratings00 Ratings
Location management8.26 Ratings00 Ratings
Manufacturing module9.04 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Sage Accounting
6.7
22 Ratings
10% below category average
Thomson Reuters ONESOURCE
-
Ratings
Pricing8.713 Ratings00 Ratings
Order entry7.710 Ratings00 Ratings
Credit card processing7.814 Ratings00 Ratings
Cost of goods sold6.817 Ratings00 Ratings
Order Orchestration4.14 Ratings00 Ratings
End-to-end order visibility7.05 Ratings00 Ratings
Order exception Resolution5.04 Ratings00 Ratings
Type of tax
Comparison of Type of tax features of Product A and Product B
Sage Accounting
-
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 Accounting
-
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 AccountingThomson Reuters ONESOURCE
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Canopy
Canopy
Score 9.5 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
LOVAT
LOVAT
Score 10.0 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Vertex
Vertex
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Sage AccountingThomson Reuters ONESOURCE
Likelihood to Recommend
9.5
(45 ratings)
8.0
(7 ratings)
Likelihood to Renew
9.4
(4 ratings)
-
(0 ratings)
Usability
9.2
(16 ratings)
-
(0 ratings)
Availability
8.4
(2 ratings)
-
(0 ratings)
Performance
10.0
(2 ratings)
-
(0 ratings)
Support Rating
9.2
(16 ratings)
5.9
(2 ratings)
In-Person Training
10.0
(1 ratings)
-
(0 ratings)
Online Training
10.0
(2 ratings)
-
(0 ratings)
Implementation Rating
9.4
(3 ratings)
-
(0 ratings)
Configurability
9.2
(2 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
10.0
(1 ratings)
-
(0 ratings)
Ease of integration
10.0
(1 ratings)
-
(0 ratings)
Product Scalability
7.2
(2 ratings)
-
(0 ratings)
Professional Services
10.0
(1 ratings)
-
(0 ratings)
Vendor post-sale
9.6
(2 ratings)
-
(0 ratings)
Vendor pre-sale
9.6
(2 ratings)
-
(0 ratings)
User Testimonials
Sage AccountingThomson Reuters ONESOURCE
Likelihood to Recommend
Sage
VAT returns are so simple to do. Just a click of a button and it produces a report for the period in concern. Submitting the return is then just a single click. The only thing I wish it would do is remind me when my VAT submissions are coming up so that I can avoid penalties.
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
  • Traceability - where you are spending. I started with a spreadsheet which had a column for 'electronics & computing' this captured everything from monthly software subscriptions to hardware and from light bulbs to dash cams. Sage has helped me streamline the spending.
  • MTD - I am MTD compliant, although I do not need to be as my accountant is and they complete my HMRC submissions. It does mean that I have a contingency plan if I have to change this service.
  • Debtor's - It is easy to be a busy fool and not realise that accounts are overdue. For a small business, the restriction in cash flow due to late paying clients is a killer. The dashboard feature helps with this.
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
  • I find it difficult to record journals in cloud accounting. Maybe I just don’t have the knowledge.
  • It’s important to export all unrecorded sync bank transactions to Excel to send to clients to explain the payment receipts before being posted. This function is not available on the cloud and makes life harder, having to call out the transactions to clients over the phone.
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.
Read full review
Likelihood to Renew
Sage
I could not live without Sage Accounting, it has become an integral part of my everyday. The more I have used Sage Accounting the more I have fallen in love with it. I am excited to be part of this ever-evolving accounting system that has grown from strength to strength, making life easier is something Sage does so well.
Read full review
Thomson Reuters
No answers on this topic
Usability
Sage
Sage Accounting is built for the business owner/user and not the accountant, it therefore guides the user and thus detailed accounting knowledge and experience is not a necessarily a prerequisite . It offers a monthly price and therefore no significant up front spend and it tailorable to your business with useful dashboards that again you can tailor to instantly see what's important to you.
Read full review
Thomson Reuters
No answers on this topic
Reliability and Availability
Sage
Sage Accounting availability is generally very good. They post messages which appear on users screen time to time, highlighting where functionality in a particular area is undergoing maintenance. More often than not, maintenance is completed in a timescale quicker than initially estimated by Sage. Where significant maintenance is required, Sage usually perform it overnight.
Read full review
Thomson Reuters
No answers on this topic
Performance
Sage
Sage Accounting work quickly and performs well, I have never had an issue with it running slow. It integrates with other software swiftly, so no waiting for the screen to load. Error messages are only something I have had when I have done something wrong.
Read full review
Thomson Reuters
No answers on this topic
Support Rating
Sage
The support is world class - never ever during 30 plus years in business I have received such helpful, knowledgeable and genuine support as I have from Sage. At Sage people matter and i can chat to someone safe in the knowledge that they will actually listen and assist. This also backed up by huge online portfolio of help and resources
Read full review
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
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.
Read full review
Thomson Reuters
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.
Read full review
Thomson Reuters
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.
Read full review
Thomson Reuters
No answers on this topic
Alternatives Considered
Sage
Sage Accounting is a simpler, more streamlined version of the more complex Sage 50cloud Accounting. For a small, simpler company Sage Accounting is a much more cost-effective option. There are a few features that Sage 50cloud Accounting has that Sage Accounting does not have (such as making e-payments and a few reports are unavailable) but it is still a very good product.
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
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.
Read full review
Thomson Reuters
No answers on this topic
Scalability
Sage
I do not consider Sage Accounting to be Sage's best product for scaling up business as its functionality for doing so is limited. Sage 50 Accounts or Sage Intaact are far more suited for this. I would evaluate very carefully the possible need in the future for scalability in the first instance before selecting software.
Read full review
Thomson Reuters
No answers on this topic
Professional Services
Sage
Sage has always been extremely professional, and they continue to be professional in their dealings with me.
Read full review
Thomson Reuters
No answers on this topic
Return on Investment
Sage
  • Sage One has allowed us to provided better customer service to all our clients. It has allowed us to provide a reasonable price accounting product to our customer who typically just have handwritten invoices, or Excel spreadsheets.
  • Sage One has reduced the manual data entry that my team does on a monthly basis, which in turn allows us to have more time for our customers.
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
ScreenShots

Sage Accounting Screenshots

Screenshot of The financial dashboard, with business insightsScreenshot of View of paid and unpaid invoicesScreenshot of Invoice designer, to add a logo, company info, and terms