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Software · head to head

Sage 50 vs Wise Business

Sage 50 logo

Sage 50

Software

Powerful desktop accounting for small businesses

From
$29/month
Rated
-
Full reviewWebsite
Wise Business logo

Wise Business

Software

The smart way to send and receive business payments

From
$29/month
Rated
-
Full reviewWebsite

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; Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • They diverge on capability: Sage 50 covers General ledger, Wise Business covers Multi-currency accounts.

Where they differ

Only the attributes on which Sage 50 and Wise Business actually diverge.

Attributes where Sage 50 and Wise Business differ
AttributeSage 50Wise Business
Pricing modelsubscriptionusage-based
PlatformsWindowsWeb, Ios, Android, Api
Founded19812011

Identical on both: starting price ($29/month), 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 Wise Business

  • Multi-currency accounts
  • International transfers
  • Batch payments
  • API access
  • Team management
  • Xero
  • QuickBooks
  • Various

What people use each for

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

Sage 50

  • Desktop accountingnot Wise Business
  • Job costingnot Wise Business
  • Inventory trackingnot Wise Business

Wise Business

  • Holding and converting multiple currencies as a businessnot Sage 50
  • Paying international suppliers and contractors at the mid market ratenot Sage 50
  • Receiving payments into local currency account details in several countriesnot 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

Wise Business

  • Opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • Volume discounts on transfers start only above 20,000 GBP equivalent sent per month

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

Wise Business

$29/month
  • StandardFree
    • Multi-currency account
    • Real exchange rate
    • Batch payments

Which should you pick?

Choose Sage 50 if

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

Choose Wise Business if

  • You need multi-currency accounts.
  • You work on Web, Ios, Android, Api.
  • You also want international transfers.
Wise Business review

Questions people ask

Is Sage 50 or Wise Business better?
Neither clearly leads. Sage 50 starts at $29/month and Wise Business at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Sage 50 or Wise Business?
Sage 50 starts at $29/month and Wise Business at $29/month.
Does Sage 50 or Wise Business run on more platforms?
Sage 50 runs on Windows. Wise Business runs on Web, Ios, Android, Api.
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 Wise Business is typically brought in for.
What can Sage 50 do that Wise Business cannot?
Sage 50 covers General ledger, Invoicing, Inventory management, Job costing. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.
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