Unleash Your Business’s Potential: Sage Alternatives You Must Consider
Currently, Sage 50 might be hindering your business operations, leading you to look for better and more reliable Sage alternatives. If so, you need to find a solution that is adaptable, scalable, reliable, and understands your business as well as its operations.
The search for the best ERP solution isn’t easy at all. You will need to examine various parameters, such as ERP performance at various levels.
Thereafter, you need to find a solution capable of aligning with your business requirements for superior growth and a better ROI.
For our beloved audience, we have done in-depth research to find the top Sage 50 alternatives that understand modern businesses and their requirements.
This blog will present the top ten sage alternatives that the majority of successful global businesses are currently using. But, before getting the top names, let us understand the limitations of Sage 50 that businesses might be facing with their current operations.
Top 10 Sage Alternatives of 2023
We have analysed more than 40 solutions that prove to be a better alternative to Sage 50. Among which, the top 10 are listed below:
1. Microsoft Dynamics 365 Business Central
MS D365 Business Central is an all-in-one ERP (enterprise resource planning) solution built for SMBs. It is capable of connecting all departments and the concerned processes together to form a centralised stream of data flow.
Most small and medium businesses are considering this solution due to its reliability, scalability, and cost-effectiveness.
Business Central is not only capable of managing finance operations but also streamlines all business operations without any hassle. With cloud and on-premises options, it can easily align to all business needs, irrespective of their size and industry.
Cloud-based accounting software is built to simplify the accounting requirements of small businesses. You can access your data using a desktop or mobile application that connects to the system 24 hours a day, seven days a week.
Along with various features, it comes with a number of limitations, including no support for exchange-traded products, a lack of automation, limited expense claims, expensive plans, a weak purchase and inventory module, and much more.
3. Quickbooks Online
Quickbooks Online is an accounting solution built for small businesses. Other than managing financial operations, it is capable of streamlining inventory operations. Businesses with simple financial and inventory requirements often choose this solution.
It does have various limitations that include a lack of core features (like barcode scanning), weak data reporting, a limited number of data transactions, the inability to be scaled, and much more.
4. Zoho Books
Zoho Books is an accounting software available for small businesses. It is one of the 40 apps that come with Zoho One Suite. This solution is capable of streamlining accounting needs and building a bridge between finance and other departments of the business.
It offers limited possibilities of integration and customization to align with the solution based on specific requirements. The pricing plan offers limited features, and the solution doesn’t come with payroll services.
Bench is a cloud-based solution for managing all of your bookkeeping needs. It comes with simple data reporting and easily digestible financial statements, and it enhances the overall efficiency and productivity of the organization.
It has a somewhat complicated interface, which makes it difficult for users to understand and utilise all functions and capabilities. Furthermore, the support provided by the parent organisation is insufficient to resolve ongoing business issues and is unreliable.
6. Oracle NetSuite
Netsuite is an ERP solution for large industries built by Oracle. It is a popular solution capable of streamlining back-office operations, financial operations, and core business processes. Compatible with cloud servers, it is mainly built to resolve finance and accounting requirements.
With numerous features, it comes with a number of drawbacks. Like, the pricing model is not flexible at all, and the licencing cost is a bit high as compared to other similar applications in the market.
Nonetheless, Oracle provides limited support to users and charges a high price if there is an emergency.
7. SAP Business One
SAP Business One is an ERP for small businesses that can manage different departments, including, accounting, financials, inventory, sales, customer relationships, and purchasing. With smooth data reporting features, it offers great insights to help a business get going.
Being a smart ERP for businesses, it does come with various flaws that hinder the overall performance of the business. The user interface is not as smooth and simple as the majority of competing ERPs.
Also, the reporting function is not properly optimized, and users would need training to understand all features as well as function.
Wave is simple accounting platform that offers accounting, financial, and invoicing capabilities to small businesses. Wave provides various tools, including cash flow tracking, invoice creation, tax calculations, and payroll services.
As it is free, Wave offers limited capabilities when compared to other similar accounting tools. Due to its simplicity, it is unable to justify all the requirements for a seamless operation.
Paychex is a cloud-based solution that can process general financial requirements, including, payroll processing and tax administration operations. Also, it offers automation capabilities, resulting in enhanced efficiency and a better ROI.
It requires high implementation costs and doesn’t offer any kind of trial to test the capabilities. Also, it lacks proper training to help users understand the solution and utilise it properly.
FreeAgent is also a cloud-based ERP that offers a simple dashboard with great features to cope with finance requirements. It offers various features, among which some are accurate time tracking, seamless expense management, tax automations, real-time cash management, invoice creation, and multi-currency support.
With various features, it lacks in offering smooth bill payment and reconciliation. Also, users have to enter the details from the beginning whenever there is a need to edit any of the information.
Limitation of Sage 50
It is a popular cloud-based accounting solution specifically built for SMBs. It is capable of streamlining the entire financial and accounting operations of a business but also poses limitations. Some of the top limitations are:
- Limited to Scale: Specifically built for SMBs, it offers limited opportunities to scale a business. Even so, it lacks the ability to resolve complex financial operations.
- Limited to Customize: It offers limited personalization and add-ons for emerging businesses. When your business grows and requires more processes to run, Sage 50 will struggle a lot while performing.
- Automation: Being an accounting software, the level of automation offered to eliminate recurring tasks is very low. Users still have to depend on manual data entry, which is cumbersome to follow.
- Limited Cloud Performance: When it is time to fetch more performance using cloud servers, Sage 50 offers limited opportunities for it. You will need to contact support or enhance the servers to resolve the performance issue.
- Limited Integrations: Unlike other accounting ERPs available in the market, it offers very limited integration, resulting in decreased productivity and overall efficiency.
Benefits of Switching from Sage 50
If you are looking to switch from Sage 50 to another more reliable and powerful solution, it’s the right time to make a move. There is no doubt that Sage 50 is a good tool, but is it perfect for your growing business?
You have the answer. All growing businesses must upgrade to an ERP solution that understands their needs and offers the best solution that can be scaled with ease.
Like Sage 50, it is a financial ERP, and you will have to adapt other solutions to tackle other business operations.
For example, you may need to implement a new solution for inventory and another for supply chain.
This begs the question of why not all small businesses implement an all-in-one ERP solution capable of managing all aspects of their operations. This will lower overall costs and allow you to focus on growth rather than unifying all solutions.
Choosing the Right Sage 50 Alternative for Your Business
If you are considering a reliable and cost-effective solution with superior support, you should go with Business Central. Built by Microsoft specifically for SMBs, it possesses various capabilities to help you deal with different departments.
Using the power of the cloud, it connects all departments and their processes. Also, you can opt for on-premises data servers in the event of special requirements.
Microsoft Dynamics Business Central is a flexible solution that aligns properly with any business, irrespective of type, size, and complexity. The best part about this solution is the trust of Microsoft, resulting in smooth and seamless support.
In case of any query, you can directly contact the team at Dynamics Square by dialling 0207-193-2502, or you can send us a direct email to firstname.lastname@example.org.
We have been implementing Business Central for small businesses like yours to help them focus more on growth while maximising revenue. Give us a call, and we will resolve all your issues.