Why Sage 50cloud isn’t ideal for fast-growing companies
Sage 50cloud is popular among small business owners. The name recognition of its parent company, Sage, is undoubtedly a contributing factor, with thousands of customers and hundreds of employees around the globe.
Sage 50cloud has been positioned as a lower-cost alternative to Sage Intacct, designed more for small business owners to manage accounts receivable and accounts payable rather than medium-sized businesses with a more complex accounting program. More than 70% of its users have 50 employees or fewer, according to G2. That makes it a common alternative to small-business accounting solutions like QuickBooks Online, Xero, and FreshBooks. But like those solutions, it wasn’t designed for multi-entity accounting. Additionally, it’s not a true cloud accounting software system.