Sage 50 Accounts is one of the leading small business accounting platforms available today. Once it is no longer able to keep up with your business, where do you turn?
The following article examines the products to highlight some of the key differentiators; however this is not an exhaustive list and is not a traditional vs. battle as it would be a bit like putting a heavyweight boxer in the ring with a featherweight.
Sage 200 is the natural migration route for business in the UK using Sage 50 Accounts. But what exactly are the differences between the solutions.
- Ideal for start-ups, small and growing businesses
- Easily manage cash flow, VAT, customers and suppliers
- Gain real insight into your business with in-depth reporting
- 3 versions – Sage 50 Account, Sage 50 Accounts Plus and Sage 50 Accounts Professional
- User count ranges from 2-20
- Turnover up to around £10 million
- Provides some support for Multi-currency
Sage 50 Accounts – reason to change
- Built on a proprietary database that is not designed for heavy use in terms of transactions and users with the 100,000 transaction limit subjecting your system to speed and performance issues
- No real audit trail in terms of which user has carried out what transaction
- Lack of Business Intelligence reporting
- CRM Integration not provided by Sage directly, however SIM50 is a Sage approved add on to integrate Sage CRM with Sage 50 Accounts
- Lack of support for multiple companies and budget sets
- Powerful ERP solution that manages your accounts, supply chain, customers and business intelligence
- Easy to customise and integrate with third party solutions
- Flexible modules that can be added as your business grows
- Companies with a turnover up to around 50 million
- Audit trail with the possibility to upgrade even further with a third party add on
- 20-200 employees
- Multicurrency support and multiple office locations
Available either via an upfront outright software purchase, or a monthly subscription model and can be deployed either on premise or on our Oakley Private Cloud for a monthly fee.
There are a number of differentiators to the two solutions and you can see it is difficult to match up the two solutions as one is designed as an entry level accounting solution and Sage 200 is designed for growing businesses that need a centralised system in place.
In some cases a move to Sage 300 ERP from Sage 50 Accounts is also a common switch as Sage 300 ERP is an international ERP solution for businesses needing to report across multi-national locations and multi-currencies.
A migration up to ERP is not always required by every business, If you would like to talk to Oakley about some of the challenges faced by businesses and the change management process involved to migrate up to ERP, contact us on 01268 724005 or email firstname.lastname@example.org