Sage Fixed Assets Review - why 4 stars?

Sage Fixed Assets Review
ITQlick Score: 86/100
ITQlick Rating: (4/5)
Pricing: 2.2/10 - low cost
Category: Fixed Asset Accounting -> Sage Fixed Assets
Ranking:Ranked 3 out of 22 Fixed Asset Accounting systems
Company: Sage
Pricing: starts at $1,570 per license
Typical customers: Medium and large size businesses
Platforms: Desktop
Links: Sage Fixed Assets pricing, Sage Fixed Assets alternatives
Shlomi LaviShlomi Lavi / updated: Jun 09, 2021

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What is Sage Fixed Assets?

Sage Fixed Assets is an on-premise fixed asset management software solution that is designed to assist companies to increase accuracy, reduce costs, and eliminate redundant data. The software assists businesses track as well as manage the company’s fixed assets in every step of the asset lifecycle. With the planning module, businesses are able to account for multiple projects as well as provide a progress report of the various projects.

Some of the key features include asset accounting, audit trail, disposal management, inventory tracking, asset lifecycle management, and many more. Sage Fixed Assets is a product of Sage Software Inc. which is a company based in the United States.

What is Sage Fixed Assets rating? ()

The rating of Sage Fixed Assets is 4 stars out of 5 and the total score is 86 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Sage Fixed Assets's typical customers?

Sage Fixed Assets was developed to target small and mid-sized companies looking for a software that could accurately track fixed assets life cycle in a transparent manner. The software can be used by both for-profit companies and nonprofit organizations.

Sage Fixed Assets will be an excellent tool for businesses not 100% abreast with country's regulations and yet have no choice but to track their fixed asset life cycle whether they like it or not. Industries that have been making use of this tool are Accounting, Construction, Government and Non-profit.

Is Sage Fixed Assets the best Fixed Asset Accounting?

Sage Fixed Assets is ranked 3 out of 22 software in their category (Fixed Asset Accounting systems).

What are their main features and functionalities?

With Sage Fixed Assets, businesses can take advantage of over 50 methods of tracking asset depreciation. The reality is, depending on the type of company, the method of evaluation may differ but you can rest assured that Sage Fixed Assets got you covered.

The asset management tool offers robust functionalities on an easy to learn platform. It can be used to eradicate stolen assets, help a company avoid overpaying of taxes and decrease insurance payments. The combination of financial and tax reporting tool with asset inventory tracking and reconciliation gives companies the power to have the upper hand on on every step of the fixed asset life cycle.

What are Sage Fixed Assets's pros? (5 Pros)

  • The software is easy to use
  • The customer service and technical support are ready to help 24/7
  • Has multiple functionalities and useful tools
  • The training materials are readily accessible
  • Sage Fixed Assets offers more than 50 depreciation methods, each made to meet specific company needs

What are Sage Fixed Assets's cons? (2 cons)

  • Cannot be remotely accessed as it is deployed on-premise
  • The pricing information is not easily accessible

Who are their main alternatives?

The two main competitors of Sage Fixed Assets include Stock and QuickFMS. Stock is a general enterprise asset management solution for private companies and administration whereas Sage Fixed Assets is a fixed asset management software solution. Stock offers deployment flexibility in that it can be installed on-premise as well as hosted on the cloud while Sage Fixed Assets can only be deployed on-premise.

Based on the online reviews, Stock has been awarded a 3.5-star rating while Sage Fixed Assets has been awarded a 4-star rating. QuickFMS is a facility management tool that assists in organizing, maximizing, and running business elements whereas Sage Fixed Assets is a fixed asset management software solution.

QuickFMS is an ideal software for small businesses, midsize business, and enterprise, whereas Sage Fixed Assets is designed to serve midsize business and enterprise. QuickFMS is a cloud-based solution while Sage Fixed Assets is installed on-premise.

What is the cost of Sage Fixed Assets?

The cost of license starts at $1,570 per license. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2.2 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Sage Fixed Assets

What should you ask Sage during a demo session? (65 questions)

Schedule a demo with Sage Fixed Assets and access 65 must ask questions for the vendor while watching Sage Fixed Assets in action. Visit the vendor's website here.

Is it the right software for you?

Sage Fixed Assets is a suitable solution for mid-size businesses and enterprises. The software is an ideal product for organizations/companies rather than individuals. Sage Fixed Assets is used in manufacturing, distribution and other service-related industries. The main target market for this software product is the North American market.

List of categories

Accounting & Finance
Core Accounting
Fixed Asset Accounting
Inventory Management Accounting
Accounting Practice Management
Medical Accounting
Property Management

List of features

Accounts Payable
Accounts Receivable
Budgeting & Forecasting
Depreciation
Fixed-Assets
Fund-Accounting
Project-Accounting
Tax compliance
Automatic Data Backup
Excel Export
Move Management
PDF Export
Recurring Work Orders
Space Planning
Asset Budgeting

Sage Fixed Assets Vs. Alternatives

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EAMbrace
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Asset4000
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4.6/5
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6.2/10
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21
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.