Bill.com vs Sage 50cloud Accounting

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Our analysts compared Bill.com vs Sage 50cloud Accounting based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Bill.com Software Tool

Product Basics

Bill.com is a cloud-based software solution provider that automates financial processes for small and medium-scale businesses. It streamlines accounts payable and receivable management and uses AI and machine learning to reduce tedious data entry and manual errors. As an end-to-end option, it connects businesses with suppliers and clients to assist them in managing cash inflows and outflows.
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Sage 50cloud Accounting is a cloud-based accounting software designed for small and medium-sized businesses (SMBs). It helps manage essential financial tasks like bookkeeping, invoicing, payroll, and tax filing. Its user-friendly interface and range of features cater to businesses with varying accounting needs, from basic bookkeeping to complex financial management. Sage 50cloud boasts strong inventory management, allowing for real-time stock tracking and purchase order creation. Additionally, its reporting capabilities offer valuable insights into business performance, aiding in informed decision-making. Users appreciate its mobile accessibility and integration with popular third-party applications. Compared to similar products, Sage 50cloud shines in its ease of use and scalability. However, its pricing structure, which scales with business size and complexity, might be a consideration for startups or solopreneurs. Overall, Sage 50cloud is a well-rounded accounting solution ideal for SMBs seeking a user-friendly and scalable platform to manage their finances.

Pros
  • User-friendly interface
  • Strong inventory management
  • Comprehensive reporting
  • Mobile accessibility
  • Integration with third-party apps
Cons
  • Limited customization options
  • Potentially complex setup
  • Scalable pricing structure
  • Limited integrations
  • Occasional performance issues
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$25/User, Monthly
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$11 Monthly
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Tailored to your specific needs
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Chromebook
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Product Assistance

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Knowledge Base
24/7 Live Support
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Product Insights

  • Gain Control: Set up approval workflows and custom roles to suit the department and team. Check pending approvals, sent invoices and other payment activity from the dashboard. 
  • Everything is Synchronized: Connect with leading accounting and payment tools to speed up reconciliations and keep the books consistent. 
  • Conduct International Business: Pay vendors in multiple countries and log in multiple currencies with ACH payments, international wires, virtual cards or checks. 
  • Guaranteed Security: Ensure premium data integrity through Transport Layer Security for data encryption and transmission. 
  • Boost Efficiency: Automate manual work, minimizing the possibility of error or duplicate entry, thereby saving time and boosting efficiency. 
  • Quick Account Receivables: Pay clients two times faster with digital invoices, automatic reminders and electronic payments. Set alerts and speed up accounts receivable with electronic payments. 
  • Simplify Accounts Payable: Save half the time otherwise spent on getting paid from national and international vendors. Gain more control, flexibility and visibility with the variety of payment options. Direct bills and review the notes through pre-determined approval workflows 
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  • Cost-Effective: A minimal monthly rental fee replaces upfront, installation and maintenance costs. It is cloud-based and doesn’t need dedicated personnel for support as there is a team of available experts hired by the cloud hosting providers.  
  • Easy Access: Clients and employees can work on a single system simultaneously, irrespective of location. Centralized access to data is helpful for companies that have multiple locations or employees working remotely. 
  • Automatic Backup:  Users get automatic data backups without any additional changes. Data is backed up into different paths, which ensures security and maximum data redundancy. If a disaster happens, users can rest assured that their financial data will be secure, without the requirement of any additional backup system.  
  • Paperless Processing: Creates a paperless work culture by eliminating any paperwork with a centralized database that takes care of all documentation needs.  
  • Round the Clock Support: Provides a dedicated support team that is available 24/7 
  • Boost Efficiency and Productivity: Users can view or edit their files and seamlessly perform other functions. Export data through Excel or PDF files without any loss of functionality or efficiency. Download required files or data from any place using any device.  
  • Less Downtime: Unlike traditional systems, users can access all data and files within a system with an internet connection, with reduced or no downtime. 
  • Easy Collaboration: Seamlessly share information with clients, even when they are working on the system. Eliminates the need to sync or copy files while simplifying collaboration with outsourced employees. 
  • Security: Security measures are the responsibility of the cloud hosting provider. They use data encryption technologies, third-party audits, backup power supplies and firewalls to ensure stringent security. Furthermore, since the data is saved in multiple servers and is regularly backed up, there is no risk of data loss.  
  • Free Trial: Experience a 30-day free trial without having to enter any credit card details or install the software. 
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  • Automated Cleaning House Network: Get paid and receive payments faster with ACH payment processing that’s safe, speedy and cost-effective. Minimize the possibility of paper check theft with digital payments. 
  • International Payment: Send and receive payments from across the globe, and make workflows more efficient by processing domestic and international transactions for more than 130 countries. 
  • Automatically Sync the Data: Sync USD and local currency bills with leading accounting software packages like QuickBooks, Sage Intacct, Xero and Microsoft Dynamics 365 Business Central. 
  • Software Integration: Connect with the existing accounting software and allow data to flow between systems to keep everything up to date. Export information through templates, import bills and invoices to keep them up to date. 
  • Accounts Payable: Import invoices without any manual intervention. Get control, flexibility and visibility by using multiple payment options and tracking facilities. 
  • Accounts Receivable: Create and customize professional invoice templates for regular customers. Automate account receivables with automatic charges and payments. Get quick information on the receivables by tracking the status. 
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  • Cash Flow and Invoicing: Provides a clear picture of finances where cash flow settings can be customized as per the business’s requirements.  
  • Payment and Banking: Automates accounts payable, purchase orders, invoices, payments, invoices, bank feeds and reconciliation. Automatic reconciliation eliminates manual data entry and simplifies payment acceptances.  
  • Advanced Inventory Management: Tracks cost and quantity and stays ahead of purchase orders by keeping everything in stock.  
  • Job Costing: Provides an estimate into how much time projects take and how much money is being made on each job.  
  • Payroll: Tracks employee tips, vacations and hours spent. It also makes payroll processing easy with direct deposit and pay cards.  
  • Reporting: Supports one-click reports for payables, sales tax, expenses, receivables, inventory, payroll and more. Design and customize reports to fit business requirements. 
  • Security Shield: Provides Security Shield for customers to ensure financial security through their partnership with Sontiq 
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Product Ranking

#42

among all
Accounting Software

#212

among all
Accounting Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 100 92 94 86 98 100 88 99 100 51 73 84 60 86 100 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Great User Sentiment 2020 reviews
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85%
of users recommend this product

Bill.com has a 'great' User Satisfaction Rating of 85% when considering 2020 user reviews from 5 recognized software review sites.

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Awards

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SelectHub research analysts have evaluated Sage 50cloud Accounting and concluded it earns best-in-class honors for Accounts Payable.

Accounts Payable Award

Synopsis of User Ratings and Reviews

Automated Workflow: Streamlines invoice processing, approval, and payment, saving time and reducing errors.
Centralized Platform: Manages all accounts payable and accounts receivable functions in one place, providing a comprehensive view of cash flow.
Seamless Integrations: Connects with popular accounting software, banks, and payment gateways, eliminating manual data entry and reconciliation.
Robust Reporting: Provides detailed insights into spending, cash flow, and vendor performance, enabling informed decision-making.
Improved Vendor Relationships: Automates vendor payments, reduces late fees, and strengthens supplier relationships.
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Ease of use: Intuitive interface and simple navigation for everyday accounting tasks.
Cloud-based: Access your data from anywhere with an internet connection, simplifying remote work and collaboration.
Mobile app: Manage your finances on the go with the Sage 50cloud mobile app.
Automation: Automate repetitive tasks like bank reconciliations and invoicing to save time and reduce errors.
Reporting and analytics: Gain insights into your business performance with customizable reports and dashboards.
Integrations: Connect Sage 50cloud with other business applications you use, like CRM and e-commerce platforms, for a streamlined workflow.
Scalability: Grows with your business, accommodating increasing data volumes and user needs.
Security: Robust security features to protect your financial data.
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Lack of Customization: Limited flexibility in customizing reports, workflows, and user permissions, making it difficult to adapt to specific business needs.
Limited Integration Options: Fewer pre-built integrations with other business applications compared to competitors, leading to manual data entry and potential errors.
Inconsistent User Interface: The user interface can be inconsistent across different modules, resulting in a steep learning curve and reduced efficiency.
Slow Response Times: Users have reported experiencing slow loading times and delays when processing large volumes of transactions or generating reports.
Limited Functionality for Complex Accounting: May not offer advanced features required for complex accounting needs, such as multi-entity consolidation or specialized industry-specific functions.
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Pricing: Can be expensive for small businesses compared to some competitors.
Limited features: May lack some advanced features needed by larger businesses.
Learning curve: Interface can be complex for new users, requiring training or investment in onboarding.
Integrations: Not all third-party applications integrate seamlessly, requiring workarounds or additional costs.
Performance: Some users report occasional lag or slowness, especially on older hardware or with large datasets.
Customer support: Mixed reviews on customer support responsiveness and helpfulness.
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Users highly rate Bill.com's user-friendly interface, time-saving automation features, and excellent customer support. They appreciate the ability to easily track invoices, automate payments, and reconcile bank statements. Compared to other accounting software, Bill.com stands out for its seamless integration with popular business applications and its robust reporting capabilities. These strengths make it a valuable tool for businesses looking to streamline their financial operations and improve efficiency. While Bill.com excels in many areas, users have also noted some limitations. Some users find the software's pricing structure to be higher than competitors, and the lack of advanced inventory management features may be a drawback for businesses with complex inventory needs. Additionally, the software's reliance on an internet connection can be a concern for businesses that require offline access. Overall, Bill.com is an excellent choice for businesses seeking a user-friendly and efficient accounting solution. Its strengths in automation, integration, and reporting make it a valuable tool for streamlining financial operations. However, businesses with advanced inventory management needs or those requiring offline access may need to consider alternative options.

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Sage 50cloud Accounting receives praise for its ease of use, cloud accessibility, and automation features. Users with typical accounting needs appreciate the intuitive interface and simple navigation, making it a breeze to handle everyday tasks like invoicing and bank reconciliations. The cloud-based nature allows for remote work and collaboration, a major plus in today's world. Automation takes repetitive tasks off their plate, saving time and minimizing errors. However, some users find the pricing to be on the steeper side compared to competitors like QuickBooks. While Sage 50cloud boasts strong core accounting functionalities, it may lack the advanced features needed by larger businesses, prompting them to consider alternatives like Xero or NetSuite. Additionally, the interface can feel complex for new users, requiring dedicated training or onboarding resources. Differentiating factors like robust security features and seamless integrations with CRM and e-commerce platforms appeal to businesses looking for a secure and streamlined workflow. Sage 50cloud's scalability further attracts users planning for future growth, as it can accommodate increasing data volumes and user needs. Overall, user reviews suggest Sage 50cloud shines for its user-friendliness, cloud accessibility, and automation tools. However, its pricing strategy and potential lack of advanced features might nudge some users towards competitors. Businesses that prioritize security, integrations, and scalability will find Sage 50cloud a compelling option, especially considering its potential to grow alongside their company's needs.

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