Accounting Software for Medium-Sized Business

Why financial and business management software by Sage?

Sage has more than 40 years experience perfecting financial and business management software, making business growth easier for over two million customers.

Make payments faster, automate billing, and track cashflow with Sage Intacct. Manage finances, operations, and inventory across a variety of industries for a fraction of the cost with Sage 300. Streamline your business management processes for efficiency, visibility, and flexibility with Sage X3.

Sage Intacct

Sage Intacct gives your business the tools to better manage financials and free up your time. Streamline complex processes, deliver real-time reporting, and empower your finance teams to drive growth.

Send and receive payments faster.
Track multiple accounts in real-time.
Consolidate multiple entities and more in minutes.
Collaborate from a single source of truth.
Make decisions with dimensional reporting and analytics.

Sage People

Help your team thrive, anywhere. Harness powerful automation, reporting, and analytics, connect your global workforce, and make HR simple. Supporting your people has never been easier.

Manage your entire workforce, wherever they are.
Get actionable insights in seconds.
Create experiences to hire and grow talent.
Cut admin with automated core HR processes.
Customise and personalise communications.

Sage X3

Take control of your business from end to end. Work faster and simpler when it comes to production management, supply chain management, and getting your finances under control.

Manage workflows across multiple sites.
Stay on top of purchasing, inventory, and sales.
Oversee all your processes from one place.
Get real-time visibility on budgets and accounting.
Personalise X3 to work the way you do.

Sage 300

Over 40,000 customers across 150 countries and a variety of industries trust Sage 300 to manage their finances, operations and inventory—for a fraction of the cost of traditional ERP software.

Automate your finances.
Eliminate international business complexity.
Simplify inventory management.
Tap into an ecosystem of proven solutions.

FAQs

Although it's possible to run a small business without accounting software, this approach is more time-intensive and error-prone. For example, spreadsheets typically don't update in real-time and can't be used to automatically reconcile lots of payments across multiple bank accounts. Modern accounting software enables business owners to submit accurate, compliant tax returns to HMRC. It can also save businesses up to five hours of week typically spent on admin. Accounting software also enables effective collaboration with other people in the business or with an accountant.

If you're running a small business, you may need a variety of software for marketing, sales and managing the books. For example, MailChimp is useful for creating and tracking marketing campaigns.

A basic CRM system can keep track of customer details. If you're running online business, you may use software like Google Analytics and Google Suite to manage a company web presence and business email.

You may also need software specific to the nature of your business. For example, a graphic designer running a small agency may require software like Adobe Creative Cloud.

Accounting software is also popular with many British small businesses. It enables you to get paid faster, spend less time on admin and submit accurate tax returns to HMRC.

The software needs of a business vary depending on its size, industry and requirements.

For example, a micro-business may need project management software, like Trello or Asana, for managing projects with contractors. They may also use file storage software like Dropbox and Google Drive to manage and store files securely.

A business that accepts payments from customers may use a payments portal like Paypal or Stripe.

Similarly, a business with several dozen employees may use HR software, like Sage HR, to manage people across the business. They may also use software like Sage Payroll to pay employees quickly and accurately. Most growing businesses use some form of accounting software, like Sage Accounting, so they can manage the books more efficiently and submit accurate, compliant tax returns.

Ideally, online financial software for small businesses should solve a particular problem.

For example, if Jane struggles to keep track of all the items on her to-do list, she should consider investing in project management software to keep track of multiple projects. Similarly, time-tracking software is sometimes useful for billing.

If Jane works with people remotely, she may find software like Slack and Dropbox useful for collaboration.

Similarly, if Jane spends several hours a week examining profit and loss spreadsheets and reconciling bank transactions, she may be spending her time ineffectively.

Although understanding profit and loss is important for business owners, Jane's time is probably better spent growing the business by serving customers or creating better products. In this case, accounting software, such as Sage Accounting, should free up several hours in Jane's week that she can spend on higher-value activities.

Accountants use software that can help them collaborate with clients and or submit tax returns on their behalf. Sage Accounting is an example of accounting software popular with British accountants who work with small businesses. It's a more modern solution than Sage 50cloud, which is also popular.

Accountants also use accounts production software for running their practice and payroll software, such as Sage Payroll, for paying people they employ.

If a practice supports a larger business, they may use an advanced financial management solution like Sage Intacct.

Small businesses

Medium businesses

Accountants and bookkeepers

By business size

By industry

By business need

Customer success

Article topics

Industry

Business type

Resources

Member Masterclass

Big solutions for medium-sized businesses

Sage Intacct

Sage People

Sage X3

Why financial and business management software by Sage?

Sage Intacct

Sage People

Sage X3

Sage 300

FAQs

Small businesses

Medium businesses

Accountants and bookkeepers

By business size

By industry

By business need

Customer success

Partners

Partners

Blog

Article topics

Industry

Business type

Resources

Member Masterclass

Big solutions for medium-sized businesses

Sage Intacct

Sage People

Sage X3

Why financial and business management software by Sage?

Sage Intacct

Sage People

Sage X3

Sage 300

FAQs

Do I need accounting software for my small business?

What software do I need for small business?

What software do most businesses use?

What types of software are helpful for small businesses?

What software do accountants use?