What is Sage 100 ERP Software? Check Out the Top 5 Benefits

A business is successful when it adopts new software and technologies to its existing operations. Similarly, Sage 100 ERP software is a powerful workhorse for businesses to streamline their accounting and financial management fundamentals. The Sage offers an extensive range of products and modules to its line for your business to grow and scale. If you are a CPA or an accounting business owner, you would definitely like the Sage 100 application for your business workflow. 

The Sage company is not new in the accounting management software industry; they have been in the industry for a long time. You should know that there are over 4104 companies that actively use the Sage 100 application for their businesses. It makes up 1.4% of the market share of the ERP industry. Sage ERP 100 hosting can be installed on your existing systems without hassle. 

We will be learning about the benefits and features of Sage 100 and what is Sage 100 ERP software and more. 

What is Sage 100 ERP Software?

Sage 100 ERP has become a leading software in the accounting industry for those looking to enhance their business workflows. Did you know? Sage 100 was earlier known as Sage MAS 20 /200, back in the 1980s. Sage 100 applications cater to all segments of businesses and operations. Everything can be done from a single cloud-based application: sales, purchases, inventory management, accounting, and payments. With the Sage 100 application, you can generate business reports, insights, and track purchase/sales orders, bills of material, and accounts receivable. 

Sage owns many business ERP solution products like Sage 300 and Sage 500 ERP. Various versions offer more features and enhanced tools. The categorization, personalization, and customization in the application are just phenomenal. Whether you are a small or medium-sized business enterprise, Sage 100 ERP cloud is the right choice. Sage 100 for small businesses is an added advantage because it offers enhanced flexibility, automates processes, and provides easy workflow options.

Top 5 Benefits & Features of Sage 100

Here are the top 5 benefits and features of the Sage 100 application you must know:

Enhanced Inventory/Distribution Management Solutions

With Sage 100, you can seamlessly manage and track your inventory levels, keep track of warehouse stocks, and keep count on lot numbers. It also ensures your end-to-end purchase, sales orders, and distribution tracking. 

Tax Calculations

Sage 100 software is designed to ensure that your state and federal sales tax is met. It complies with the rules and regulations pertaining to various tax mandates. Tax reporting and sharing multiple companies’ tax reports can be performed on the Sage application. 

Multi-Currency Support

With Sage 100 ERP, you add the option to transact using multiple currencies. Moreover, you can add modules like the General Ledger Module (GMCC), Sales Order Module (SOMC), and Account Receivable Module (ARMC). 

Robust Accounting Tools

If you are an accounting firm owner, the Sage 100 application could be your best thing for managing accounting business operations. Getting accurate transaction details, ledger balances, reconciliation, electronic invoice features, and accounts payable. You get all these benefits on a single application. 

Offers Integration & Flexibility

One of the best parts of having Sage 100 ERP on your systems is having robust flexibility and integrations to meet your business needs. For example, you can integrate third-party apps like Microsoft 365, OneDrive, and Outlook. 

Pros & Cons of Sage 100 Software

Sage 100 Pricing

Sage 100 ERP Cloud solution software starts at $76 per month, per user. However, any extra add-ons and modules will cost you more. 

Conclusion

Sage 100 ERP software can be a charm for CPAs and accounting firms. It has a lot to offer, from tax calculation, inventory management, accounts receivable, sales, purchase orders, to accounting modules. If you compare Sage ERP 100 vs Sage 300 ERP, both are powerful accounting and financial management tool solutions, but it all boils down to business preference and requirements. However, when you stumble upon the question: What is Sage 100 ERP? Remember, it is a horsepower cloud solution for accounting and finance purposes. Sage 100 ERP hosting and Sage 300 ERP hosting can be installed on your systems without any problems. 

FAQs (Frequently Asked Questions)

Is Sage 100 an ERP system?

Yes, Sage 100 is an ERP system. The software is made for businesses of all types, especially small & medium businesses (SMBs).

What does ERP mean in accounting?

Yes, the full form of ERP is Enterprise Resource Planning. In accounting ERP, you can integrate various business operation tools like manufacturing, accounting, inventory, and financial management on the same application.  

Do accountants use ERP?

Yes, ERP usage is common amongst the accountants because it helps them automate daily tasks, generate financial reports, seamlessly send and receive credit notes, track work status, and more. 

What is Sage ERP used for?

Sage 100 ERP acts as the centralized application software to operationalize the entire business from financial management to accounting and inventory operations.