Most small businesses use Sage 50, Sage One Accounts Extra or Sage Instant or similar accounting products which are perceived to be a lower price point. This software helps manage their accounts as they are easy to use, basic in nature and provide reliable solutions. Sage is a great choice for small enterprises, but growing businesses will inevitably outgrow the limited features and performance that Sage offers. When this happens, it’s time to consider moving to a true ERP solution such as SAP Business One.
SAP Business One is more than just an accounting system. It is a powerful solution that encapsulates and performs many functions from streamlining and automating to standardising the business management processes.
Below is a comparison between SAP Business One and Sage 50 where some essential features are addressed that have an impact on overall growth, efficiency, decision making, and profitability.
|Overview||SAP Business One is industry-leading ERP software used to manage all aspects of business. Appropriate for businesses that have outgrown Sage 50.||Sage 50 is a common purpose small business accounting software.|
|Prestige||70% of the world economy transactions run on an SAP system.||Ireland and the UK’s most popular basic accounting software.|
|Target Customers||Growing small & mid-size businesses with accounting along with business management needs.||Small businesses with limited budget and basic accounting requirements.|
|Number of Users||Unlimited users and role specific privileges.||20 users maximum|
|Business Area||Accounting & Financials
Inventory & Distribution
Sales & CRM
Purchasing & Operations
|Software Type||Standalone, On Premise, Cloud||Standalone, Cloud|
|Platforms||Desktop, Mobile, Cloud||Desktop, Cloud|
|Features||19 features for business management.||7 features for accounting.|
|Multi-Currency Support||It supports exchange rate changes for specified period or per transaction. Value of foreign creditors and debtors can be changed.||Only one exchange rate can be set per currency. It’s not possible to alter the value of foreign debtors or creditors.|
|Stock Control||Stock can be controlled in multiple warehouses for multiple locations. It gives the ability to restrict which warehouse should hold which stock items.||Stock cannot be controlled location-wise.|
|Financials||Flexible number and length of accounting periods.||12 calendar months are set in each financial year.|
|CRM||CRM is integrated in as part of the software. Track marketing activities, sales opportunities, manages campaigns, service contracts and much more.||Only track calls and set reminders for a particular customer.|
|Workflow||Streamlines workflow with customising work-space in order to meet each user’s individual requirements. Automatically forward tasks to certain users.||None|
|Inventory Management||It handles all of the inventory management functions. Allows flexible pricing structures. It ensures you have the most updated and detailed inventory information as and when you need.||No stock traceability, locations or individual customer stock codes.|
|Production & Manufacturing||Have in-built Production & Manufacturing modules.||Not supported|
|MRP||It has integrated MRP module that predicts demand of materials based on the existing stock and sales orders. Parameters can also be adjusted considering what-if scenarios.||Not offered|
|Increased Data Volumes||There’s no limit on the data such as products, orders, customers and vendors entered.||After a certain number of transactions, the performance declines and system slows down.|
|Custom Reports||Built-in Crystal Reports and custom queries, enables creating and publishing reports, charts, dashboards and KPIs.||Sage Report writer and Excel plugin available.|
Read this to know some little known facts of SAP Business One.