Softwr

Software · head to head

Sage 50 vs FloQast

Sage 50 logo

Sage 50

Software

Powerful desktop accounting for small businesses

From
$29/month
Rated
-
FloQast logo

FloQast

Software

Close management software for accounting teams

From
$29/month
Rated
-

The short version

  • Each has a real cost: 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; 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
  • They diverge on capability: Sage 50 covers General ledger, FloQast covers Close management.

Where they differ

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

Attributes where Sage 50 and FloQast differ
AttributeSage 50FloQast
PlatformsWindowsWeb
Founded19812013

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

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 Sage 50

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

Only in FloQast

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

What people use each for

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

Sage 50

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

FloQast

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

Where each one falls short

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

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

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

Pricing, plan by plan

Sage 50

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

FloQast

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

Which should you pick?

Choose Sage 50 if

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

Choose FloQast if

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

Questions people ask

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

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