BQE Core vs Sage 50cloud Accounting

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Our analysts compared BQE Core 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.

BQE Core Software Tool

Product Basics

BQE Core streamlines accounting processes for mid-sized businesses, simplifying tasks like bookkeeping, invoicing, and financial reporting. Its intuitive interface and automation features cater to users with varying accounting expertise, making it suitable for both in-house accountants and bookkeeping teams. The software boasts strong general ledger functionality, multi-currency support, and real-time financial insights, enabling better decision-making. Popular features include bank reconciliation tools, inventory management, and project accounting capabilities. Users appreciate BQE Core's scalability and customizability, allowing it to adapt to specific business needs. While subscription pricing varies based on company size and required modules, it generally falls within the mid-range compared to similar accounting software. BQE Core prioritizes ease of use and automation, making it a solid choice for businesses seeking to streamline their accounting operations and gain valuable financial insights.

Pros
  • Intuitive interface
  • Time-saving automation
  • Comprehensive features
  • Flexible customization
  • Scalability for growth
Cons
  • Limited mobile app
  • Occasional bugs reported
  • Steeper learning curve
  • Customization requires effort
  • Pricing can be complex
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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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$19.95/User, Monthly
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$11 Monthly
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Tailored to your specific needs
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Product Assistance

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24/7 Live Support
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Product Insights

  • Beefed-Up Security: The software runs on the cloud, so users can rest assured that they can access data from any location with a Wi-Fi signal. Their information also has an extra layer of security. 
  • Artificial Intelligence: Users can stay in the know about their company's financial data, daily agenda and more to make informed business decisions with the AI-powered Core Intelligence tool. Core Intelligence becomes smarter and offers enhanced results when users ask more questions.  
  • Automatic Data Conversion: Currency, numbers and dates are always formatted to company preferences. A user's current location has no impact on the company's currency, numeric values or dates. 
  • Monitor Human Resources: Users can oversee their HR department information including salary, incidents, benefits, forms, sick and vacation time, retirement packages and more. 
  • Manage Employees' Responsibilities: BQE Core allows users to allocate ideal tasks and responsibilities to the right employees. Users can also restrict permissions on recording tasks and expenses to diminish errors. 
  • Compile Bill Schedules: Users can generate bills for a project's entire lifecycle or the preliminary stages. Users can set time for other tasks when they set up recurring billing for projects.  
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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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  • Vigilant Dashboard: The dashboard module enables users to pick and choose which key performance indicators (KPIs) are displayed. Users also receive immediate data updates so they can act quickly if problems arise. 
  • Develop and Edit Several Dashboards: Users can create several dashboards to fit the needs of their business. They can also modify pie charts, bar graphs and interactive lists in each dashboard. 
  • Work with Various Currencies: Users can attach receipts and document expenses in multiple currencies for any oversea transactions. 
  • Record and Manage Time: Simple timers and timesheets allow users to record their time quickly and more efficiently. Users can easily alternate between various timers. This module is mobile-friendly, so users can track and record time on any device. 
  • Supervise and Forecast Projects: Users can oversee the financial progress of projects and prioritize the most valuable projects with the project management tool. Users receive prompt answers to the essential project and performance-related questions.  
  • Several Billing Methods: The billing module permits users to choose different forms of billing such as hourly, fixed, retainer and more. Users can also process bills in batches or immediately on a pre-set schedule.  
  • Detailed Reports: Users receive elaborate insights on the financial and operational statuses of their company with the report accessory. Users can design and share reports as PDFs, Word documents or Excel files with the automatic sharing component. 
  • Instant Bank Feeds: The accounting tool authorizes users to develop financial reports such as balance sheets and profit and loss reports based on class or individual projects for intricate insights.  
  • Monitor Employee Performance: Users can utilize Core HR's employee journal to evaluate employees by documenting overall performance, outstanding achievements, conversations and more. 
  • Diverse Integrations: BQE Core integrates with other software like Google Drive, MYOB AccountRight, QuickBooks, Amazon and more.  
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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 
read more...

Product Ranking

#158

among all
Accounting Software

#212

among all
Accounting Software

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Analyst Rating Summary

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94
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Banking and Cash Management
Financial Statements and Revenue Management
General Ledger and Chart of Accounts
Project Accounting
Accounts Payable
Accounts Payable
General Ledger and Chart of Accounts
Journal Entries
Platform Security
Tax Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

BQE Core
Sage 50cloud Accounting
+ Add Product + Add Product
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 97 95 100 93 100 100 58 50 67 80 80 78 100 93 96 100 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 354 reviews
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86%
of users recommend this product

BQE Core has a 'great' User Satisfaction Rating of 86% when considering 354 user reviews from 4 recognized software review sites.

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4.2 (30)
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4.3 (209)
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4.8 (17)
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4.25 (98)
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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

Intuitive Interface: Easy to learn and navigate, even for non-accountants.
Automation Powerhouse: Saves time and reduces errors with automated tasks like bank reconciliation and invoice generation.
Scalability and Flexibility: Adapts to growing businesses and diverse accounting needs with customizable modules and features.
Actionable Insights: Real-time dashboards and reports provide clear financial visibility for informed decision-making.
Collaboration Booster: Shared workspaces, task assignments, and approval workflows streamline team accounting processes.
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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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Limited Mobile App: Functionality lags behind desktop version, hindering on-the-go access.
Occasional Bugs: Users report occasional bugs and glitches, impacting workflow.
Steeper Learning Curve: Interface can be less intuitive compared to some competitors, requiring more training.
Customization Effort: In-depth customization can be complex and require technical expertise.
Pricing Complexity: Tiered pricing structure and optional modules can make cost calculations intricate.
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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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BQE Core users praise its intuitiveness and automation features, saving them time and reducing errors. It's lauded for its scalability and flexibility, adapting to growing businesses and diverse needs, which some users find lacking in simpler rivals. Real-time insights and seamless collaboration features are also appreciated, empowering informed decision-making and team efficiency. However, a limited mobile app and occasional bugs can disrupt workflow, drawing comparisons to competitors with more robust mobile experiences. While BQE Core's extensive customization options are admired, some find it steeper to learn and configure compared to user-friendly alternatives. Pricing can also be complex, requiring careful consideration of modules and user licenses, unlike competitors with clearer upfront costs. Ultimately, BQE Core shines for its ease of use, automation, and scalability, but users must weigh occasional technical hiccups and intricate pricing against its strengths. Those seeking a mobile-first or simplified experience might explore other options, while BQE Core excels for businesses prioritizing customization and growth potential.

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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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