Softwr

Accounting & Finance · head to head

FloQast vs Sage 50

FloQast logo

FloQast

Accounting & Finance

Close management software for accounting teams

From
$29/month
Rated
-
Full reviewWebsite
Sage 50 logo

Sage 50

Accounting & Finance

Powerful desktop accounting for small businesses

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: FloQast no pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against; Sage 50 sage 50 tiers as captured in 2022: Pro Accounting $595/year for 1 user, Premium Accounting $970/year for 1-5 users with multi-company support, Quantum Accounting $1,610/year for larger teams
  • They diverge on capability: FloQast covers Close management, Sage 50 covers General ledger.

Where they differ

Only the attributes on which FloQast and Sage 50 actually diverge.

Attributes where FloQast and Sage 50 differ
AttributeFloQastSage 50
PlatformsWebWindows
Founded20131981

Identical on both: starting price ($29/month), pricing model (subscription), free tier (No), user rating (Not yet rated), category (Accounting & Finance).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in FloQast

  • Close management
  • Reconciliation
  • Flux analysis
  • Audit prep
  • Team collaboration
  • NetSuite
  • QuickBooks
  • Sage

Only in Sage 50

  • General ledger
  • Invoicing
  • Inventory management
  • Job costing
  • Budgeting
  • Microsoft 365
  • Salesforce
  • Local encryption

What people use each for

The jobs each tool is most often brought in to do.

FloQast

  • Managing the accounting close with checklists and reconciliationsnot Sage 50
  • Automating account reconciliation and compliance workflowsnot Sage 50

Sage 50

  • Desktop accountingnot FloQast
  • Job costingnot FloQast
  • Inventory trackingnot FloQast

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

FloQast

  • No pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against
  • The product is split into five separately packaged solution categories
  • Every route to a figure runs through a personalised demo

Sage 50

  • Sage 50 tiers as captured in 2022: Pro Accounting $595/year for 1 user, Premium Accounting $970/year for 1-5 users with multi-company support, Quantum Accounting $1,610/year for larger teams

Pricing, plan by plan

FloQast

$29/month
  • StandardFree
    • Custom pricing
    • Close management
    • Reconciliation

Sage 50

$29/month
  • Pro Accounting$50/month
    • Core accounting
    • 1 user
    • Basic reports
  • Premium Accounting$85/month
    • 5 users
    • Job costing
    • Inventory

Which should you pick?

Choose FloQast if

  • You need close management.
  • You also want reconciliation.
FloQast review

Choose Sage 50 if

  • You need general ledger.
  • You work on Windows.
  • You also want invoicing.
Sage 50 review

Questions people ask

Is FloQast or Sage 50 better?
Neither clearly leads. FloQast starts at $29/month and Sage 50 at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FloQast or Sage 50?
FloQast starts at $29/month and Sage 50 at $29/month.
Does FloQast or Sage 50 run on more platforms?
FloQast runs on Web. Sage 50 runs on Windows.
What is FloQast best used for?
FloQast is most often used for managing the accounting close with checklists and reconciliations, automating account reconciliation and compliance workflows. Of those, managing the accounting close with checklists and reconciliations and automating account reconciliation and compliance workflows are not what Sage 50 is typically brought in for.
What can FloQast do that Sage 50 cannot?
FloQast covers Close management, Reconciliation, Flux analysis, Audit prep. Sage 50 covers General ledger, Invoicing, Inventory management, Job costing.
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Related pages

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