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#55

Sage Accounting is ranked #55 in the Accounting Practice Management Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

Sage Accounting Pricing

Based on our most recent analysis, Sage Accounting pricing starts at $62 (Per User, Monthly).

Price
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Starting From
$62
Pricing Model
Per User, Monthly
Free Trial
Yes, Request for Free

Training Resources

Sage Accounting is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Sage Accounting:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Sage Accounting Benefits and Insights

Why use Sage Accounting?

Key differentiators & advantages of Sage Accounting

  • Streamlined Financial Management: Sage Accounting simplifies complex financial tasks, allowing businesses to manage invoices, track expenses, and reconcile bank transactions efficiently.
  • Real-Time Financial Insights: Gain immediate access to up-to-date financial data, enabling informed decision-making and strategic planning without waiting for end-of-month reports.
  • Improved Cash Flow Management: By automating invoicing and payment reminders, Sage Accounting helps businesses maintain a healthy cash flow and reduce the risk of late payments.
  • Enhanced Collaboration: Multiple users can access the system simultaneously, facilitating teamwork and ensuring everyone is on the same page with financial data.
  • Scalability: As your business grows, Sage Accounting can easily scale to accommodate increased transactions and additional users, ensuring continuity and efficiency.
  • Compliance Assurance: Stay compliant with tax regulations and financial reporting standards through automated updates and built-in compliance checks.
  • Time Savings: Automating routine accounting tasks frees up valuable time for business owners and accountants to focus on strategic initiatives and growth opportunities.
  • Cost Efficiency: Reduce the need for extensive manual bookkeeping and minimize errors, leading to cost savings in both time and resources.
  • Data Security: Protect sensitive financial information with robust security measures, including encryption and regular backups, ensuring peace of mind.
  • Customizable Reporting: Generate tailored financial reports that meet specific business needs, providing insights into performance and areas for improvement.
  • Seamless Integration: Connect Sage Accounting with other business tools and applications, such as CRM systems and payment processors, for a unified workflow.
  • Accessibility: Access your financial data from anywhere with cloud-based functionality, allowing for flexibility and remote work capabilities.
  • Reduced Human Error: Automated calculations and data entry minimize the risk of mistakes, ensuring accuracy in financial records.
  • Enhanced Customer Relationships: Professional invoicing and timely payment reminders improve customer interactions and satisfaction.
  • Environmental Impact: Digital record-keeping reduces the need for paper, contributing to environmentally sustainable business practices.

Industry Expertise

Sage Accounting is best suited for very small businesses, startups, and sole traders who need basic accounting features and an easy-to-use interface. It's a cloud-based solution, meaning users can access it from anywhere with an internet connection.

Sage Accounting Reviews

Based on our most recent analysis, Sage Accounting reviews indicate a 'great' User Satisfaction Rating of 85% based on 890 user reviews from 3 recognized software review sites.

User satisfaction level icon: great

890 reviews

85%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of Sage Accounting reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

  • Unlimited Invoices: User reviews highlight that Sage Accounting allows for unlimited quotes and invoices, which is a key advantage over some competitors that impose limitations on these features.
  • Cash Flow Tracking: Users praise Sage Accounting for its effectiveness in managing cash flow, a critical aspect of running a business successfully.
  • Strong Customer Support: Reviews consistently mention Sage 50 Accounting's excellent customer support, indicating a positive user experience and reliable assistance when needed.
  • Comprehensive Features: Sage 50 Accounting is lauded for its wide array of features, including invoicing, bill payments, inventory management, cost control, and payroll functions, making it a suitable choice for businesses seeking a complete accounting solution.

Cons

  • Limited Features: User reviews indicate Sage Accounting lacks features like bill pay, which may be a dealbreaker for some businesses.
  • Potential Performance Issues: Some user reviews mention slowness when handling large data volumes, suggesting potential performance bottlenecks for businesses with high transaction volumes.

Researcher's Summary:

How can Sage Accounting help your business grow with the times? Sage Accounting software has garnered a mixed bag of user reviews over the past year, with some users singing its praises while others hit a sour note. Users appreciate Sage Accounting's robust automation capabilities, particularly for tasks like bank reconciliation and financial reporting, which streamline financial operations and reduce manual effort. Its comprehensive add-ons, such as payroll and HR, are also seen as major pluses, transforming it into a comprehensive business management solution. However, the software's steep learning curve and less intuitive interface have left some users feeling like they're stuck in a maze. Users have also pointed out that Sage Accounting's pricing, while not publicly disclosed, is often higher than that of competitors, making it a potential budget buster for smaller businesses or startups.

A key differentiator for Sage Accounting is its scalability, making it a good fit for businesses anticipating rapid growth or those with complex accounting needs, such as multi-entity consolidation. This is particularly beneficial for businesses with ambitious expansion plans, as they can avoid the headache of switching software as they grow. However, this strength also underscores a significant weakness: Sage Accounting's complexity can be overwhelming for smaller businesses or those with simpler accounting requirements. In essence, it's like using a sledgehammer to crack a nut – overkill for some.

In conclusion, Sage Accounting is most suitable for medium to large businesses with experienced accounting personnel who can navigate its advanced features and leverage its automation capabilities. It's a powerful tool for businesses that need to manage complex financial operations and have the resources to invest in a premium solution. However, smaller businesses or those new to accounting software might find more user-friendly and affordable options on the market.

Key Features

Notable Sage Accounting features include:

  • Cloud-Based Access: Access your financial data from anywhere with an internet connection, ensuring flexibility and convenience for remote work.
  • Automated Bank Feeds: Automatically import bank transactions to save time on manual data entry and reduce errors.
  • Invoicing Capabilities: Create, send, and track professional invoices with customizable templates to maintain brand consistency.
  • Expense Management: Easily record and categorize expenses, helping you keep track of where your money is going.
  • Multi-Currency Support: Handle transactions in multiple currencies, ideal for businesses dealing with international clients or suppliers.
  • Real-Time Reporting: Generate up-to-date financial reports to gain insights into your business's performance and make informed decisions.
  • VAT Compliance: Automatically calculate VAT and generate VAT returns, ensuring compliance with tax regulations.
  • Integration with Third-Party Apps: Seamlessly connect with other business tools like payment processors and CRM systems to streamline operations.
  • Inventory Management: Track stock levels and manage inventory efficiently to prevent overstocking or stockouts.
  • Project Tracking: Monitor project costs and profitability, helping you stay on budget and assess project performance.
  • Role-Based Access Control: Assign different access levels to team members, ensuring data security and privacy.
  • Mobile App Availability: Manage your accounting tasks on the go with a mobile app that offers core functionalities.
  • Customizable Dashboards: Tailor your dashboard to display key metrics and insights that matter most to your business.
  • Recurring Invoices and Payments: Set up recurring billing for regular clients to automate invoicing and payment collection.
  • Customer and Supplier Management: Maintain detailed records of customers and suppliers, facilitating better relationship management.
  • Audit Trail: Keep a comprehensive log of all transactions and changes for transparency and accountability.
  • Data Import and Export: Easily import and export data to and from other systems, ensuring seamless data migration and backup.
  • Multi-User Collaboration: Allow multiple users to work simultaneously, enhancing team collaboration and productivity.
  • Custom Financial Reports: Create tailored financial reports to meet specific business needs and reporting requirements.
  • Payment Processing Integration: Integrate with payment gateways to facilitate smooth and secure payment processing.
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