Comparing Sage 200 Vs Sage 50
At Thinc we work with a many successfully growing SME businesses operating in various different industry sectors. From international suppliers selling into big name retailers to manufactures and distributors of a range of goods, foods and medical equipment.
In each case, Sage 200 has provided a powerful platform to help leaders manage business operations easily and propel growth to the next level.
Many SMEs are using traditional accounts packages such as Sage 50 Accounts, Quickbooks, and Zero. These solutions provide comprehensive tools for managing bills, VAT and invoices. However, most growing SMEs who are planning on scaling up need a system to manage all business process centrally. What’s more, these growing enterprises require easy access, and integration across departments – that’s where Sage 200 can help.
We’ve devised some FAQs to help you understand the fundamental differences between Sage 50 Accounts and Sage 200:
Get in touch to discuss the right accounting solution for your business.
What’s the difference between Sage 50 and Sage 200?
Sage 50, or Sage 50Cloud Accounts, is a financial accounting software system. Sage 50 allows you to manage day to day accounting such as invoicing, cash flow, inventory tax, payroll etc with ease. You can use Sage 50 to invoice customers and pay your suppliers, and to manage your VAT and accounts.
With Sage 200 you can do so much more. Sage 200 is a fully integrated business management software solution. You can use Sage 200 to manage your accounts, customer relationships, products and supply chain.
Unlike Sage 50, you can also use Sage 200 analytics to create your reports and analyse your business performance from a single view. This insight will help you to observe trends and make intelligent forecasts. In doing so, you can prepare your business for any seasonal change – something that is vital in today’s changing economy.
For a more detailed review of the differences between Sage 200 and Sage 50, check out our guide to upgrading.
What is Sage 200?
Previously known as 200C or Sage 200Cloud, Sage 200 is a cloud connected solution, specifically designed for growing SMEs. It is more than just an accounts software package. Sage 200 offers complete integration and business intelligence reporting capabilities.
The latest version of this leading accounting software allows you to streamline your business and save time. With Sage 200, you can manage all aspects of your business growth through a single platform, built from your own selection of highly functional software modules.
Speak to our ERP consultancy team to discuss your business needs in more detail.
When do I upgrade to Sage 200?
If your business is growing and you are seeing a positive incremental increase in revenue, market share and potential year on year then it maybe time to consider upgrading to Sage 200. Sage 200 has greater capabilities, functionality, and flexibility as a system, allowing you to capture so much more data on sales, trends, and share information across departments (whether that be around your office, to workers at home, or even employees in the field).
Sage 200 is deployed in a server environment. Whether that be on-premise or via the cloud. This means that you can have access to the system from anywhere, anytime, in any location with internet connectivity – helping you to stay in tune with your business needs and provide better more effective services to your customers.
My accountant uses Sage 50 Accounts how do I encourage them to use Sage 200?
By nature of the product, Sage 200 is used by businesses that no longer rely upon (or wish to pay for) the day-to-day finance management services of their external accountants. As such, Sage 200 does not need to be used by your accountants – moreover, it is important that your accountants understand what it is and how it will benefit your business. As such, with a little product knowledge, external accountants will have no problem when it comes to providing you with audit services and financial planning.
To find out if you’re ready to upgrade take our quick online quiz now.
For a free demo of Sage 200 with a live Q and A and register your interest online.
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