Odoo

Sage

Odoo Online vs Sage Accounting Comparison

Accounting solutions on the market today

Traditionally accounting has been treated as one of the dull and unexciting aspect of a business. However, as the business evolves the accounting department will become arguably one of the most important components in the success of that business. Accountants are perfectly positioned to be some of the most valuable informational resources in a company. They know the ins and outs of how the organization operates and are intimately acquainted with the organization’s current and projected financial position. It is critically important for the financial health of an organization to provide the accounting team with the tools they need in order to effectively monitor these factors.

There are many accounting software offers on the market capable of providing the features and reporting functions accountants need, but where should the search for the best choice begin? Most growing businesses use a commercial management solution for their business operations. The ideal solution for these businesses would be to choose an accounting software that can be integrated with their current commercial solution. This will save a great deal of time and resources for the organization.

Accounting software is available either installed locally or through a cloud service provider. While both types of software have their own unique advantages, online offers are becoming increasingly popular choices amongst small and medium size businesses (SMBs) given the simplicity and low cost of implementation.

Odoo is an open-source software solution founded in 2004 by a student, Fabien Pinckaers. Previously called OpenERP, the brand changed its focus from an ERP solution to a suite of business applications. More than 37,000 add-ons are available thanks to the multiple developments made by Odoo and its community. Some of these apps are officially validated by Odoo, whereas others developed by the community are dedicated to specific versions for specific needs.

“ AMAZING EMPLOYEES DESERVE AMAZING SOFTWARE ”

Odoo is available in three editions: Community, Enterprise, and Online. The Community edition can be downloaded free of charge via the Odoo website. The Enterprise edition offers more features but comes with a yearly cost. The Online offer is the equivalent of the Enterprise version but is hosted in the cloud and monthly billed. For this comparison, we chose to compare the Online edition.

12
million monthly users
37,000
Apps
4,000
Partners
2,300
Employees

"BOOKKEEPING ESSENTIALS FOR BUSINESS OWNERS.”

Created in 1981, Sage was initially designed as a stand-alone accounting software. Since its inception, Sage has been signficantly expanded to include a greater scope of both accounting and general business management features. Today, Sage offers a range of business management software products for business of all sizes. For this comparison, we have chosen Sage One Online Accounting, which we believe represents a good online accounting option for SMBs.

Sage One has two editions: Sage One Accountant Edition, with features intended to be used by freelance accountants and bookkeepers, and Sage Online Edition, designed for SMBs.

Sage One Online Accounting is restricted to finance and can be upgraded through a variety of adds-ons. For this comparison we chose to compare the features of the Sage One Online Accounting version.

100 K
Client Organizations
3,500
Partner & Reseller
70
Countries Worldwide
3 rd
Largest ERP Worldwide

Odoo Online

“ GROW YOUR BUSINESS ”

Odoo is an open source software that is available in three versions, two of which are local while the other is hosted in the cloud. More than 7,300 apps are available thanks to the multiple developments made by Odoo S.A. and its community.

The cloud-based Online Edition of Odoo ERP offers a customized solution specifically designed to solve SME needs. In this highly modular solution, each business function is carried out by a dedicated app. This allows growing businesses to start with a few apps and to adopt more as their needs change and evolve.

For this comparison we’ve selected the cloud-hosted version, Odoo Online. The unique part of this offer is that it’s completely customizable. There are more than 30 certified apps that cover the vast majority of business cases, all of which connect to the same database on Odoo’s servers.

2
Million Users
120
Countries
730
Partners
7,300
Apps in Odoo Apps

Sage

“BOOKKEEPING ESSENTIALS FOR BUSINESS OWNERS.”

Created in 1981, Sage was initially designed as a stand-alone accounting software. Since its inception, Sage has been signficantly expanded to include a greater scope of both accounting and general business management features. Today, Sage offers a range of business management software products for business of all sizes. For this comparison, we have chosen Sage One Online Accounting, which we believe represents a good online accounting option for SMBs.

Sage One has two editions: Sage One Accountant Edition, with features intended to be used by freelance accountants and bookkeepers, and Sage Online Edition, designed for SMBs.

Sage One Online Accounting is restricted to finance and can be upgraded through a variety of adds-ons. For this comparison we chose to compare the features of the Sage One Online Accounting version.

100K
client Organizations
3,500
partners / re-sellers
70
Countries Worldwide
3rd
Countries Worldwide
Choosing the Right Software?

Sage Vs Odoo Online Comparison

General Accounting

General Scope Sage Odoo Online
Multi Currency
Consolidation
Multi User
Multiple Journals
Number of Languages 10 85
Supported Countries 15 80+
Access Rights
Access Rights per Screen
Access Rights per Field
Customizable Validation Steps
Third-Party Integration
Availability of an API
Spreadsheet Integration
Import : Excel or CSV
Export : Excel or CSV
Customer Portal

Accounts Receivable

Customer Invoice Sage Odoo Online
Pro Forma Invoices
Multiple Taxes Per Line
Advanced Taxes (fixed, tax of taxes, etc.)
Discounts
Pricelists
Multi-Step Payments Terms
Cash Discounts
Outstanding Payments Reconciliation
Emails Discussion as Attachment
Configurable Email Templates
Send Invoices
Generate a PDF Invoice
Batch Send Invoices by Email
Post Invoices by Standard Mail
Customer Statements
Aged Receivable Balance
Customer Statements
Automated Follow-up Letters
Automated Follow-up Actions
Unpaid Fees and Penalties
Third-Party Debits Recovery
Online Payments
Credit Cards
PayPal
SEPA Direct Debit
Recurring Revenues
Automated Recurring Invoices
Subscription Upsell / Renewal
KPIs: Churn, MRR, Upsells, etc.
Alerts for Contract Renewal
Miscellaneous
Automated COGS Entries
Automated Deferred Revenue

Accounts Payable

Vendor Bills Sage Odoo Online
Billing Control (Purchase Orders / Receptions)
Multiple Taxes per Line
Purchase Agreements
Multi-Step Payment Terms
Fleet Bills & Disallow Expenses
Peppol / UBL Support
Artificial Intelligence
Bills OCR Recognition
Learning Intelligence
Payment Data from OCR
Realtime OCR (10 minutes)
Vendor Payments
Aged Payable Report
Print Checks
Automate Wire Transfer (SEPA)
ACH Transfers
Expenses
Employee Expenses Report
Expenses Validation Flow
Mobile App for Expenses
Miscellaneous
Assets Management
Bank & Cash
Bank Interfaces
Import Statements : QIF
Import Statements : OFX
Import Statements : CSV
Import Statements : Coda
Import Statements : Camt.053
Deposit Tickets
Efficiency
Reconcile while Matching
Misc. Operations while Matching
Automated Rules
Miscellaneous
Bank Reconciliation Reports
Automated Currencies Rate Update

Extras

Analytic Accounting / Grouping Sage Odoo Online
Analytic / Cost Accounting
Multi-Level Analytic Accounting
Multiple Plans
Budgets
General Budgets
Analytic Budgets
Payroll
Payroll
Valuation
Standard Price
Average Price
FIFO
Perpetual Inventory Valuation

Reporting

Legal Statements Sage Odoo Online
Profit & Loss
Balance Sheet
Cashflow Statement
General Ledger
Tax Reports
Tax Audit Report
Reports
Pivot Table on Multiple Dimensions
Customizable Reports
Customizable Dashboards
Annotate Reports
Customizable KPI’s
Predefined Executive Summary
Perpetual Fiscal Year Closing