What are the Differences between Sage 200 and Xero?
When you compare Sage 200 with Xero there are differences between the two systems, and each product appeals to different types of industry vertical sectors and business sizes.
Xero is a cloud-based accounting software designed for small businesses and sole traders, it is known for its user-friendly interface. Sage 200 is a robust accounting solution aimed primarily at small to medium sized businesses (SMB’s) and to large businesses. It offers more advanced features and customisation options.
What is Sage 200?
Sage 200 is a market leading finance management, accounting and ERP software solution for Small to Medium sized businesses and large companies who need to manage financial transactions, customers, suppliers, sales invoicing and processing, purchase order processing, inventory management cashflow, project accounting, manufacturing, bill of materials, electronic payments and submitting VAT online to HMRC.
Sage 200 was first released in April 2002 and was initially called Sage MMS (which is a legacy system now). The software has been continually developed over the years and can be deployed in the Cloud with Sage 200 Standard or can be used on-premise or in the Cloud with the more advanced version, Sage 200 Professional.
The Sage 200 finance management software is the next product up from Sage 50 and caters for SMB’s and larger sized businesses. The Sage 200 system is more expensive than Xero, however it is full of advanced features and can manage complex accounting requirements and processes.
Key Features
- Comprehensive Financial Management: Advanced reporting, budgeting, and forecasting capabilities.
- Inventory Management: Detailed stock control and management.
- Project Accounting: Tools for managing project finances.
- Multi-currency Support: Handles transactions in multiple currencies.
- Integration: Works well with other Sage products and third-party applications.
- Deployment: Available as both cloud-based and on-premise solutions.
- Best For: Businesses with more complex accounting needs, requiring in-depth reporting and inventory management.
Product Guides
Sage 200 - Demo and Product Tour
What is Xero?
Xero is a leading Cloud-based accounting solution for small businesses, sole traders and the self-employed. It was founded in New Zealand in 2006 and has over 3 Million subscribers. Xero’s products are based on the software as a service (SaaS) model and sold by subscription.
The headquarters for Xero is based in Wellington, New Zealand and they are listed on the Australian Securities exchange.
Key Features
- Easy Invoicing: Create and send invoices quickly and track payments.
- Bank Reconciliation: Simplifies reconciliation with automatic bank feeds.
- Expense Tracking: Easy to manage expenses with receipt scanning.
- Multi-currency Support: Offers support for international transactions.
- Mobile Access: Strong mobile app for on-the-go access.
- Integrations: Connects with many third-party apps, making it flexible
- Best For: Small businesses or sole traders looking for an easy-to-use, cloud-based accounting solution.
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Why Choose AlphaLogix as your Sage Partner?
AlphaLogix was founded in 1995 and today we are a leading Sage strategic business partner in the UK. We have a diverse team of talented Sage product specialists and Sage consultants who are passionate about delivering value and exceptional customer experiences and technical support to our Sage clients.
Call us today on 0330 043 0140 or email us at info@alphalogix.co.uk to discuss which Sage product is best suited for your business or industry vertical.