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.
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| 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 Mobility Real-time Reporting |
Accounting |
| 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.
Join the other 50,000 small and mid-size businesses already using SAP Business One. Call us on +44 – (0) 203-872-5140 or e-mail at info@silvertouchtech.co.uk for a free SAP Business One demo.
