Making the choice between Sage 50cloud and Sage 200
Historically, Sage 50cloud was known as Sage 50 and Sage 200 was known as Sage 200. Sage 50cloud and Sage 200 are in fact two very different solutions and it is not as easy as simply doing a “Sage 50cloud VS Sage 200” comparative. To truly understand what solution is going to suit your business needs, it is important to consider what you need from an accounting solution, how much you are willing to invest, as well as longevity of the solution for your business.
Sage 50cloud is a great solution for small to medium-sized businesses. If you are a small start-up business and are a looking for a tried and tested accounts solution, Sage 50cloud could be a great option for your business.
Sage 200, on the other hand, is ideal for growing businesses that are starting to feel the limitations of their current accounting solution. Sage 200 offers a more robust solution with more options third party integrations, detailed data analysis and scope to create a more bespoke solution for your business.
Whichever solution you choose, both Sage 50cloud and Sage200 solutions are renowned for their sturdiness, reliability and adaptable capabilities and both have a variety of subscription options to suit your budget and business requirements.
What is Sage 50cloud?
Sage 50cloud seamlessly combines the power and productivity of the traditional trusted desktop solution with secure online access and Office365 integration, giving you the complete freedom to control your business regardless of where you are.
As one of the UK’s most popular accounting solutions, Sage 50cloud is often referred to as an entry-level accounting solution as it allows for fast processing and provides standard accounting functions such as accounts payable/receivable, bank reconciliation, Making Tax Digital compliance, VAT returns and much more.
How Sage 200 is different
Sage 200 is a more advanced accounting solution that is designed for growing medium-sized businesses. Sage 200 offers flexibility for the solution to be tailored to your unique business requirements.
This scalable ERP solution does much more than basic accounting software. Sage 200 allows you to track budgets, produce detailed management reports and effortlessly drill down into real-time data as well as the option to consolidate multiple companies within the Sage 200 nominal ledger. Sage 200 also offers additional features such as CRM, Business Intelligence, Project Accounts, Stock Management and Serial Number Traceability and much more.
The right solution for your business
When choosing an accounting or ERP solution it is important to consider the longevity of the solution for your business. Implementing a new accounting or ERP solution can require a significant investment in time as well as money for your business, investing the time in choosing the right solution now means that you won’t need to go through the processes again in a few years.
When it comes to Sage 50cloud, there are certain limitations if your business is fast growing. Sage 50cloud is designed to allow up to 1.5 million transactions, which may seem a lot but over the course of several years but can quickly add up. For businesses that are not quite ready to invest in Sage 200, there is the option to start with Sage 50cloud and then move to Sage 200 later down the line as there is a migration path between the two solutions.
Sage 200 has the capacity to input over 9 million transactions. I think it is safe to say that it would take a while to reach Sage 200’s transactional limit. Naturally, with large volumes of transactional data businesses will need better visibility and analysis of their data to aid and decision making. Sage 200 not only provides businesses with in-depth analytical reporting but a single solution through which you can manage your entire business. From manufacturing, business intelligence to supply chain and stock management, Sage 200 provides your business with a single solution that connects your entire business, making it easier to make informed business decision.
Sage Add-ons and Integrations
Both sets of suites have many add-ons that can improve your business even further.
Credit Hound – The Credit Hound add-on is specifically designed to help your business’s cash flow, reducing the length of time it takes to receive payments from customers.
Power BI – Microsoft’s Power BI is a powerful business analytics service that gives you a 365-degree view of your business. You can share data in a more visual way with your colleagues and have one centralised hub for your information.
Office 365 With a Microsoft Office 365 integration for Sage 50cloud, you are empowered to enjoy a more cloud-connected way of working. Allow Office 365 to free up key data, making it accessible via the cloud. Most businesses will most definitely use Excel and the integration allows users to benefit from the familiarity and flexibility of Excel while still maintaining the control and validation of Sage Accounts
If you need some advice in which Sage solution may be better for you, feel free to get in touch. We are more than happy to discuss our range of Sage solutions in more detail, after all, there is a lot more to unlock.