Our editorial review staff has hands-on experience with both Sage 50cloud Accounting and TallyPrime. We’ve tested and reviewed them to provide you with a comparison of their offerings, features, and target markets.
Sage 50c is an accounting software solution with a focus on financial reporting and job costing. It’s ideal for small to mid-sized companies in construction, distribution, and manufacturing industries. While the user interface might not be the most modern, it offers a range of features that can empower businesses to better manage their accounts payable and receivable, and general ledger reporting.
Specifically, it’s great for businesses that need job costing and financial reporting. It also offers invoice customization. However, it falls short in inventory management and doesn’t offer remote access to data without a third-party add-on.
On the other hand, TallyPrime is a business management software designed for companies that prioritize growth, cash flow, and efficiency. With its customizable reports, quick bill management, and multi-currency support, it’s a great fit for businesses seeking insights for growth and optimizing their cash flow.
Some of TallyPrime’s standout features include comprehensive GST support, multi-company support, and check printing features. However, TallyPrime has limited invoice formats and runs slower with large datasets. Notably, it also lacks an automatic backup feature.
TallyPrime is likely the better fit for the majority of businesses. Its comprehensive GST support and multi-company support are standout features that make it a powerful tool for many businesses.
However, Sage 50cloud Accounting should not be discounted for businesses in construction, distribution, and manufacturing industries that require job costing and financial reporting.
For more options, check out our roundup of the best ERP software.