RE: Sage 50 Quantum Cost

How much does it cost to purchase and implement Sage 50 Quantum?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

administrator Vice Professor Asked on July 3, 2024 in Accounting.
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1 Answers

Software price

Sage 50 Quantum is priced at $175.58 per month for a single user license. For 5 users, the cost is $854.17 per month, while for 10 users, it is $1,682.50 per month. The pricing for 30 users is $4,905.83 per month, and for 40 users, it is $6,541.67 per month. For global enterprises, the cost varies based on customization and implementation needs.

Plans compared

Sage 50 Quantum offers different plans based on the number of users and features required. The lower-tier plans are suitable for small businesses with basic accounting needs, while higher-tier plans offer advanced features such as inventory management and analytics tools.

Plans fit

The single-user plan is best suited for freelancers and small businesses with minimal accounting requirements. The 5-user and 10-user plans are ideal for growing businesses with expanding accounting needs. The 30-user and 40-user plans cater to larger enterprises with complex accounting processes.

Other cost

Implementation costs for Sage 50 Quantum can range from $500 to $5,000, depending on the business size and customization requirements. Customization costs vary but can be estimated at around $1,000 to $10,000. Training costs may range from $200 to $2,000 per user, depending on the level of expertise required.

One time fees

Sage 50 Quantum does not require specific hardware or servers, but there may be additional costs for data migration or software integration. These one-time fees can range from $100 to $1,000, depending on the complexity of the setup.

Alternatives compared

Compared to alternatives like QuickBooks Enterprise, FreshBooks, Xero, and Wave Accounting, Sage 50 Quantum offers competitive pricing for mid-sized businesses with robust accounting needs. However, it may be more expensive than some cloud-based accounting solutions.

Verdict

Sage 50 Quantum is competitively priced for businesses requiring advanced accounting features and scalability. With a pricing grade of 85 out of 100, it offers good value for money compared to its competitors in the market.

Vice Professor Answered on July 3, 2024.
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