Sage 50cloud is an online accounting software that enables you to organize books, manage cash flow, and access financial data anytime. Its features include bank reconciliation, credit card processing, and real-time dashboards. Its prices start at $503.23 per year, and it’s best for small to midsize enterprises (SMEs) and freelancers.
Sage 50cloud Pros and Cons
Easy to understand and use
A bit expensive
Great reporting functionality
Excellent customer support
Who Sage 50cloud Is Best For
- SMEs: Sage 50cloud helps you control cash flow, assess your business’ financial health, and stay compliant with United States tax laws. It also helps you ensure that your employees’ records are up-to-date and adhere to US labor laws.
- Freelancers: Invoice payments powered by PayPal and Stripe provide an easy way for you to get paid by your clients.
Sage 50cloud Pricing
The Sage 50cloud pricing page shows three plans with prices that start at $503.23 per year. Upon research, I found that its plans vary in terms of the maximum numbers of users and the advanced features included like automated workflows, interactive project management, and role-based user access controls.
|Choose Your Plan|
Maximum Numbers of Users
Starts at $778.63
Looking for a company that scales as you grow? Check out Quickbooks.
Users may purchase a Microsoft 365 add-on for $150 per year in all of the aforementioned plans. Additionally, Sage 50cloud gives away discounts from time to time, so I encourage you to visit its website to check if there’s one on offer today.
Pro Accounting supports a single user, and it includes the following core features: automatic updates, bank-level online security, data backups, North America-based phone support, and online support.
As I researched further, I learned that this subscription includes all of the features in Pro Accounting, in addition to advanced budgeting, financial statements by department, job costing by phase and cost code, serialized inventory tracking, and an audit trail. This option is ideal for teams with one to five users.
This plan supports up to 40 users and has everything in Premium Accounting. It also comes with advanced features like automated workflows, business insight dashboards, interactive project management, industry-specific functionality, and role-based user access controls.
Sage 50cloud Alternatives 2020
Businesses that want the most widely used small business accounting software that scales as they grow
Solopreneurs and freelancers who need to streamline customer invoicing and payment collection
Businesses in the nonprofit, manufacturing & distribution, professional services, contracting, and retail industries
Businesses that use other Zoho products like Zoho CRM
Sage 50cloud Features
Sage 50cloud has a wide range of features designed to help you automate, streamline, and effortlessly manage repetitive financial transactions like bank reconciliation, credit card processing, and financial tracking. I encourage you to take a closer look at some of its important functionalities to help you decide whether or not Sage 50cloud is for you.
Sage 50cloud’s Advanced Intelligence technology lets you access real-time dashboards and create custom and prebuilt Excel reports, enabling you to track your financials seamlessly.
You may take your financial data anywhere with you by accessing it on a tablet or smartphone. However, if you need mobile access to your contacts and the platform’s dashboards and reports, then you need to purchase the Microsoft Office 365 add-on.
Sage 50cloud imports bank feeds and matches your transactions automatically, saving you from the hassle of manual data entry.
Bank-level Online Security
Automatic security updates and regular backups help ensure that your financial data is safe from any threat.
Which Accounting Software Provider Is Right for You?
Most Helpful Sage 50cloud Reviews
Users who gave positive Sage 50cloud reviews like that its interface is easy to navigate. Others said that its reporting functionality is great, while some commended its responsive customer support staff. Meanwhile, the negative user reviews that I read mention that it’s a bit expensive and frequently laggy.
Users who left positive reviews on G2 noted that it has a clean interface that is easy to understand and use. Most others pointed out that its support staff members are extremely knowledgeable, both in the installation and configuration of the software.
Users who left negative reviews on G2 dislike that it lags, explaining that the program slows down and freezes frequently. Others commented that if the program isn’t closed correctly, then the system files can get corrupted and must be restored with a backup.
Sage 50cloud Frequently Asked Questions (FAQs)
What available add-ons does it offer?
I found that users may customize their Sage 50cloud program using add-ons like Microsoft Office 365, payroll tax tables, e-filing, direct deposit, and on-demand training. If you are interested in these additional functionalities, then you may contact the provider for pricing information.
Does it offer software training?
Yes, it does. You may visit the Sage University page to learn more about Sage 50cloud and other products to maximize Sage’s solutions.
What is the availability of its customer support staff?
Its customer support analysts are available from Monday to Friday, 9 a.m. to 8 p.m., Eastern time.
Our Top Accounting Software Provider Picks
If you aren’t sure that Sage 50cloud is right for you, then this article on the 4 Best Accounting Software is a review of our top choices. In this guide, we looked at a variety of solutions and narrowed our recommendations down based on features—like detailed financial statements, invoicing, and bill tracking.