While you work toward building up or growing your business, it’s easy to get a little overwhelmed by all of the weeds you have to sort through, especially those relating to your financial-related practices.

Luckily, there are different types of financial and enterprise resource planning (ERP) software options out there to help streamline your bookkeeping, accounting, and overall business management processes. But, which is right for you? Which will help support you in the areas you need?

Although we can’t answer those questions for you, we can give insight into the most popular software options: Sage Software vs QuickBooks.

What is QuickBooks?
Intuit QuickBooks is a business accounting platform that has ruled the financial management software industry over the 20 years – it’s been a go-to classic for keeping books straight and businesses organized since the turn of the New Millennium.

So… How does QuickBooks work? QuickBooks takes your financial records, reports, business data, etc. and organizes them for you so all of this information is easier to digest, study and manage. It also allows you to easily keep up with payroll and other financial aspects of your business, like sales, expenses and purchases. This software is an ideal solution for people who need a management tool to help them run their small to mid-sized businesses more easily and efficiently.

There are numerous advantages to choosing QuickBooks as your go-to accounting software. As you’d guess, the features and benefits you’ll experience vary depending on the edition of QuickBooks you choose to work in. However, no matter the version you go with it, you’ll discover it’s easy-to-use and there are a few universal perks, like financial reporting, money management, billing and invoicing capabilities and more.

What is a Sage System?
Sage is accounting software that facilitates, organizes and simplifies a variety of accounting tasks. Over the last 20+ years, Sage has become the third-largest accounting software worldwide for financial management and boasts over six million users today.

Generally, Sage is a superb tool for creating financial reports, record keeping and overall business management. Sage offers a little something for every company, no matter the size or industry, which are available at a variety of price points. After you move past Sage 50, other products in its extensive catalog differ greatly in their capabilities since these solutions are more customized. Depending on which version of this software you choose, Sage can be used for virtually anything – from handling easy jobs to managing more complicated financial systems and practices.

QuickBooks Pros and Cons
As with any other management tool, QuickBooks has its pros and cons. According to a user survey, people reported the following advantages and disadvantages to using QuickBooks:

QuickBooks Pros
1. Efficient
2. Easy-to-use
3. Flexible with third-party applications
4. Good accounting options
5. Affordable price
6. Money management and financial reporting features
7. Automatic synchronization with bank accounts
8. Full suite of bookkeeping tools
9. Cloud support options
QuickBooks Cons
1. System occasionally crashes
2. Lacks certain key reports for outside accounting
3. Lacks some business and industry-specific features, such as barcode scanning, eCommerce and lot tracking
4. File-size issues
5. Limited number of users allowed
6. Limited personalization options

Sage Pros and Cons
Sage is a more advanced form of accounting software than QuickBooks, and it goes beyond basic bookkeeping features. The following are the notable pros and cons of using this program:

Sage Pros
1. Expense tracking
2. Cloud-based project management
3. Personalized invoices and quotes
4. Collaboration between multiple users on a single project
5. A variety of plans, addressing basic accounting needs to advanced project management services
Sage Cons
1. Not as user friendly as other accounting programs
2. Difficult to set up and not as easy to incorporate into your business as other programs

To know more about Advanced Inventory QuickBooks or similar software like Does FreshBooks Integrate with QuickBooks visit Apps4Rent.