Thrive Vs Sage50 – We have it all, and more

If you are on the lookout for an alternative to Sage 50 read on, our focus of this blog is to highlight some of the areas where we think Thrive accounting software can offer that bit more to your business when seeking a powerful financial management system.

Enhanced Functionality 

Streamlined Accounting 

Thrive offers consolidated accounts for multi-currency and multi-location businesses, simplifying complex financial tasks. Our seamless supplier payment run generates a single SEPA payment for all supplier transactions, saving time and effort. You’ll find flexibility with general ledger journals for recurring entries and accruals, and closing off monthly accounts becomes effortless with accurate data. Plus, enjoy simplified financial report creation, quick export to Microsoft Excel, and comprehensive reporting options to track performance and remain tax-compliant. Thrive also offers seamless integration with third-party software, reducing the need for data importing and exporting between systems. IntraStat and VIES reports ensure hassle-free compliance, and customisable invoice options add additional customs information when needed.

Efficient purchasing with Thrive

Thrive puts you in control of the entire purchasing and supplier process. From purchase order, to GRN, to purchase invoices, Thrive streamlines every step. Access purchase analysis reports for insights into aged analysis, top suppliers, and unpaid deliveries. Thrive also simplifies your purchasing approval process with supplier payment runs that appear as one transaction on your bank statement, saving time and eliminating the need for manual reconciliation

Sales and Invoicing

Create and send quotes to customers effortlessly, and once approved, convert them into sales orders and delivery dockets. You can send invoices directly to customers and generate credit notes with ease. Thrive allows you to access all your sales-related information in one place, including quotes, orders, delivery fulfillments, and customer invoices. You can also assign credit statuses and add warning messages to maintain credit quality.

Compared to Sage 50, Thrive offers a more streamlined and efficient solution for businesses. While Thrive excels in providing comprehensive insights and automation, Sage 50 may lack such integrated functionality, leading to complex and time-consuming processes.

Stock Management

Thrives stock module effortlessly tracks sales, purchase orders, and deliveries, ensuring you always have a precise view of your stock levels. With Thrive, managing customer pricing is a breeze—assign specific products to customer price lists effortlessly using our user-friendly import and export tool, directly from Excel. Stay ahead with stock on hand and suggested reorder levels, thanks to Thrive’s stock valuation and position reports. Plus, our IntraStat stock code functionality simplifies customs documentation, reducing the hassle.

Work From Anywhere, Anytime

When it comes to cloud-based solutions, Thrive has it all. Our fully cloud-based platform provides you with the freedom to access your accounting system anytime, anywhere, using just your laptop and an internet connection. Say goodbye to the confines of the office and the need for expensive on-premises servers and hardware infrastructure. With Thrive, there are no additional expenses for security management and hosting.

But that’s not all. Thrive Accounting Software goes beyond the ordinary by merging the advantages of an ERP system with state-of-the-art cloud technology. Designed with an enhanced user experience in mind, it significantly reduces administration costs. Thrive isn’t just another accounting software – it’s the best in the market, surpassing the competition with its exceptional usage, accessibility, and functionality.

Thrive Dashboard: Streamlined Efficiency for Effortless Accounting

Thrive takes pride in its comprehensive functionality, designed to cater to every aspect of your business needs. Our platform allows users to tailor their experience by creating favourite pages for frequently used functions. What’s more, Thrive boasts an exceptional multi-tab functionality that simplifies multitasking with multiple screens.

This innovative multi-tab feature enhances productivity and streamlines workflows by allowing users to seamlessly switch between different modules without the need to close one to access another. You can effortlessly navigate through transactions with a user-friendly interface, experiencing seamless transaction flows and conversion processes. 

In contrast, Sage50 proves to be a little more challenging, from a usability perspective. For example, multiple locations for the same functions, paired with outdated reporting features, have caused some users to view the software as being inefficient and unintuitive at times.

Customer Support

The Thrive difference lies in our dedicated customer support. Our research has shown that when it comes to customer support, having direct phone and email access is crucial. At Thrive, we offer this to all customers, and beyond, allowing for swift communication and resolution. Our support team are not only product experts, they are also highly trained and have extensive experience within an accounting environment.

Sage50 support operates a ticket system, leading to longer wait times and issue resolution. It goes without saying that this can be frustrating for users when they need a quick resolution, not to mention the impact on their accounting cycle if issues are not resolved promptly.

Pricing

Thrive’s pricing packages are fully transparent, ensuring that customers only pay for what they need, while they focus on growing their business. Our dedicated support team works directly with customers, guiding them in selecting the best package to suit their business. In essence, this dedicated approach simplifies the process from the outset, making it a no-brainer for businesses seeking a no-hidden-cost accounting solution.

Pricing Details:

First User Licence: €139 per month

Additional Users: €35 per month per user

For personalised pricing options for Enterprise solutions, please contact our sales team.

In contrast, Sage50 offers a large number of packages, varying in size and price. Without direct customer support, this could be overwhelming for potential customers when seeking an accounting package for their business. On the other hand with Thrive you can guarantee dedicated customer support to find the right accounting solution without the confusion.

Integration Capabilities

One of the standout benefits of Thrive Accounting Software is its remarkable ease of integration with third-party applications and popular e-commerce platforms. With Thrive, businesses can effortlessly integrate with platforms like Shopify, Power BI, Van Sales, and Order Taking, and more. 

What sets us apart is our commitment to simplicity and efficiency.

In fact, integrating Thrive with Shopify, for example, is as easy as “in just 3 clicks.” Our software is purposefully designed to reduce the hassle and time traditionally associated with third-party application integration. This means you can enjoy the full functionality of these integrations without the headache.

In contrast, Sage50’s outdated design means that integration with third-party applications may result in further complications which may also impact the day-to-day functionality. In our opinion, this makes Thrive the more flexible and efficient choice for businesses seeking smooth integration capabilities.

Conclusion

So there you have it. Our comparative study sheds some light on the main advantages of Thrive Accounting Software over Sage50. Thrive’s cloud-based approach emerges as a cost-effective and convenient solution, enabling businesses to access financial data anytime, anywhere without the need for extensive hardware infrastructure. 

Moreover, Thrive’s usability takes centre stage, providing an intuitive interface that ensures fast and efficient workflows. Having direct customer support further enhances the user experience, resolving issues promptly and minimising disruptions to the accounting cycle.

Thrive’s tailored pricing approach ensures businesses pay only for the features they need, making it a transparent and budget-friendly choice with no hidden costs. 

Lastly, Thrive’s seamless integration capabilities cater to various sectors, eliminating the need for additional expenses that may arise with Sage50’s integrations. Thrive Accounting Software leads the way as the ideal choice for businesses seeking simplicity, efficiency, and unmatched support.

Ready to Experience the Power of Thrive?

Book a demo today and witness first-hand how Thrive could transform your business.