Sage 500: Boost Operational Efficiency and Profitability
Sage 500 ERP integrates seamlessly across functions like supply chain management and e-commerce, streamlining operations, reducing costs, and driving growth. Its comprehensive business solution empowers businesses to reach new levels of success.
Maximizing Efficiency and Global Reach
Customize default items for each vendor
Simplify with recurring vouchers and user-defined cycles
Boost efficiency and prevent missed payments
Utilize multicurrency functionality for global transactions
Comprehensive Financial Solutions
Sage 500 ERP Financials provide extensive features and excellent user experience for managing core accounting and enterprise needs. Its advanced reporting and analysis features allow tracking key performance indicators, publishing reports online, and delving into data, enabling proactive decision-making with up-to-date information.
The General Ledger module enables rapid access and seamless manipulation of critical data. Key features include processing intercompany transactions, establishing flexible accounting periods and budgets, conducting future posting, and more. Additionally, its financial report writer facilitates consolidation setup and maintenance of various sophisticated reports for informed decision-making.
Key features of the General Ledger module include:
- Quick access and manipulation of critical data
- Processing intercompany transactions
- Establishing flexible accounting periods and budgets
- Conducting future posting
- Financial report writer for consolidation setup and sophisticated reports
Enhance cash flow and improve customer satisfaction through streamlined automation of your collections process with Accounts Receivable. Gain full control over your receivables and invoicing operations and benefit from automatic calculations that prevent errors and reduce duplicate data entry. Consolidate customer receivables, statements, reporting, and credit checking for national accounts.
Key features include:
- Streamlined automation of collections process
- Full control over receivables and invoicing
- Automatic calculations to prevent errors
- Consolidation of customer receivables, statements, reporting, and credit checking
Automate your entire Accounts Payable (AP) process, from purchase to payment, with the help of Sage AP Automation. Automated data entry not only saves time but also guarantees accuracy by securely storing invoices in the cloud. Manage approval workflows and internal controls efficiently in Sage AP Automation, ensuring that coded invoices automatically reach the correct approvers and granting users access to only the necessary modules. Plus, with all invoices stored in the cloud, approvals can be conveniently completed from any location.
Key features include:
- Automated AP process from purchase to payment
- Time-saving automated data entry with guaranteed accuracy
- Secure cloud storage for invoices
- Efficient management of approval workflows and internal controls
Gain command over the budgeting process and enhance strategic insight in business planning. This budgeting and planning solution empowers you to make informed business decisions through “bottom-up” and “top-down” budgeting approaches and conduct “what-if” analysis. It streamlines and expedites the budgeting and planning process, fosters collaboration across various business lines, and links budgeting activities with organizational performance.
Key features include:
- “Bottom-up” and “top-down” budgeting approaches
- “What-if” analysis capabilities
- Streamlined budgeting and planning processes
- Enhanced collaboration across business lines
- Alignment of budgeting activities with organizational performance
Sage 500 offers a comprehensive suite of complete and robust financial applications that empower businesses with versatile tools to manage various financial aspects effectively. These applications include:
- Accounts Receivable: Streamline your cash flow and enhance customer satisfaction with automated collections processes and invoicing control.
- Cash Management: Optimize your cash flow, monitor bank balances, and manage transactions efficiently with robust cash management tools.
- Purchase Order: Simplify procurement processes, track orders, and manage vendor relationships seamlessly with purchase order functionalities.
- Multicurrency Management: Expand your global reach and manage international transactions effortlessly with multicurrency management capabilities.
- Sage Fixed Assets: Efficiently manage tangible assets, automate depreciation calculations, and streamline asset tracking and reporting for better financial management.
With Sage 500’s extensive financial applications, businesses can streamline operations, improve financial visibility, and make informed decisions for sustainable growth.
Effective Supply Chain Management
Sage 500 ERP optimizes distribution and supply chain management, automating processes for better inventory control and profitability. It supports multi-warehouse setups and offers features like inventory forecasting, a web-based catalog, and streamlined sales processing.
The Inventory Management module in Sage 500 ERP is designed with a focus on warehouses, offering time and cost savings. You can monitor costs and sales histories by warehouse, manage assemble-to-order or build-to-order kits, and maintain complete visibility of inventory through stock transfers within and between warehouses. This module enables uninterrupted operations by allowing order processing during inventory cycle counting. Additionally, you can attach images to inventory items and organize products in a comprehensive catalog for easy lookup in both Sales Order and Purchase Order modules. Inventory Management also supports lot control and serial number tracking for raw materials and finished goods, along with physical inventory counts.
Key features of Inventory Management include:
- Cost and sales history tracking by warehouse
- Management of assemble-to-order or build-to-order kits
- Complete visibility of inventory through stock transfers
- Order processing during inventory cycle counting
- Image attachment and comprehensive catalog organization for easy lookup
- Lot control and serial number tracking for raw materials and finished goods
- Support for physical inventory counts
The Purchase Order module facilitates the management of requisitions, purchases, and physical receipt of items and services. You can associate incoming products with customer sales orders to allocate them to customer back orders upon receipt. Manufacturers can accurately monitor material and outside process costs by linking a purchase order line to a specific work order operation. Additionally, you can verify payable invoices by matching the delivery receipt with the invoice and the original purchase order. Improved tracking and purchasing control within your warehouse lead to enhanced cost efficiency and a stronger bottom line.
Key features of the Purchase Order module include:
- Management of requisitions, purchases, and item receipt
- Allocation of incoming products to customer back orders
- Accurate tracking of material and outside process costs
- Verification of payable invoices through matching with delivery receipts and purchase orders
- Enhanced tracking and purchasing control for improved cost efficiency and financial performance
Sage 500 ERP Sales Tax module conducts address validation, research on sales tax jurisdictions, and rate calculations automatically to guarantee compliance with sales tax regulations.
Key features of Sage 500 ERP Sales Tax include:
- Automated address validation
- Sales tax jurisdiction research
- Rate calculation for sales tax compliance
Effectively oversee the movement of inventory within your physical warehouse and across multiple warehouses through the integrated three-step inventory transfer process. You can allocate inventory to a specific or random bin and monitor its location for wave and zone picking methods. Warehouse Management offers real-time visibility into inventory for companies managing large inventories or multiple warehouse locations.
Key features of Warehouse Management in Sage 500 ERP include:
- Built-in three-step inventory transfer process
- Allocation of inventory to dedicated or random bins
- Tracking of inventory by location for wave and zone picking
- Real-time inventory visibility for large inventories or multiple warehouse locations
Sage 500 offers a robust suite of tools for efficient distribution and supply chain management. Here are some key solutions within Sage 500 that enhance these processes:
- Inventory Management: Streamline inventory control and visibility across multiple warehouses.
- Sales Order: Simplify order processing and fulfillment for improved customer satisfaction.
Payment Processing: Securely process payments and manage financial transactions seamlessly. - eBusiness Suite: Expand your online presence and enhance customer engagement with integrated e-commerce solutions.
- Advanced Kitting: Manage complex assembly processes with ease and accuracy.
- Product Configurator: Customize products and services to meet unique customer requirements.
- Sage Inventory Advisor: Optimize inventory levels and improve forecasting accuracy for better inventory management.
With these efficient distribution and supply chain management tools, Sage 500 empowers businesses to streamline operations, enhance customer satisfaction, and drive growth.
Unleashing Manufacturing Efficiency
For manufacturing, meeting demand is critical. Sage 500 ERP is designed with enhanced flexibility to cater to various industries, managing production seamlessly from raw materials to finished goods. It integrates smoothly with accounting and distribution modules, helping identify areas for efficiency and cost savings while ensuring exceptional customer service.
Advanced Manufacturing in Sage 500 is tailored for discrete assembly, electronics, metal fabrication, machinery/equipment manufacturing, and similar production settings where work order tracking and labor reporting are crucial. The system provides comprehensive shop floor visibility across your enterprise. GAAP-compliant job costing offers insights into your most profitable and costly jobs. You can define operations, machines, work centers, and other parameters to align with your specific manufacturing needs. Advanced Manufacturing also supports coproducts, byproducts, disassembly, and outside process tracking.
Key features of Advanced Manufacturing in Sage 500 include:
- Tailored for discrete assembly, electronics, metal fabrication, and more
- Comprehensive shop floor visibility
- GAAP-compliant job costing for insights into profitability
- Customizable operations, machines, work centers, and parameters
- Support for coproducts, byproducts, disassembly, and outside process tracking
This module employs industry-standard scheduling rules to schedule production using advanced algorithms and mathematical calculations. System-generated schedules and a drag-and-drop schedule board enable comprehensive planning control and facilitate efficient scheduling adjustments for last-minute priority jobs or unexpected machine downtime. You can manage multiple production schedules by facility, conduct what-if analysis of the manufacturing process, and monitor machine and tool resources in real time. Online visibility of production schedules, order status, and completion dates across the enterprise ensures customer service, management, and sales are well-informed.
Key features of the scheduling module include:
- Industry-standard scheduling rules
- Advanced algorithms and mathematical calculations for production scheduling
- System-generated schedules and drag-and-drop schedule board
- Management of multiple production schedules by facility
- What-if analysis capabilities for manufacturing processes
- Real-time monitoring of machine and tool resources
- Enterprisewide online visibility of production schedules, order status, and completion dates
The Product Configurator module manages sales orders and bills of materials by applying rules to assemble finished goods items. This tool assists in determining the components to utilize, the cost of configured parts, and the customer pricing. It also automates the creation of new part numbers and bills of materials, incorporating all manufacturing specifications and instructions for producing the configured part. The user-friendly interface of Product Configurator streamlines sales order entry and customer service inquiries.
Key features of the Product Configurator module include:
- Rule-based assembly of finished goods items
- Cost determination for configured parts
- Automated creation of new part numbers and bills of materials
- Inclusion of manufacturing specifications and instructions
- Streamlined sales order entry and customer service inquiry
The internal product structure and cost estimates can be rapidly generated either from scratch or by duplicating existing routing/bill of materials, estimates, or work orders. These final estimates can be easily converted into a quote, sales order, or production routing/bill of material. Engineers have the flexibility to estimate various quantities with different markups, spreading setup and one-time costs across multiple quantities. Estimates encompass labor, materials, subcontracted operations, prototyping, special tooling, and other associated costs.
Key features of the estimation process include:
- Quick creation of product structure and cost estimates
- Conversion of estimates into quotes, sales orders, or production routing
- Flexibility to estimate multiple quantities with varying markups
- Inclusion of labor, materials, subcontracted operations, prototyping, special tooling, and other costs in estimates
Manufacturing With Confidence in Sage 500 encompasses a range of robust features tailored to enhance production efficiency and control. Here are some key functionalities within Sage 500 that empower manufacturers to operate with confidence:
- Light Manufacturing: Streamline production processes and optimize resource utilization for efficient manufacturing operations.
- Engineering Change Management: Effectively manage and track engineering changes to ensure seamless integration with manufacturing processes.
- Material Requirements Planning (MRP): Plan and manage material requirements accurately to meet production demands and minimize inventory costs.
- Shop Floor Control: Monitor and manage shop floor activities in real-time, ensuring smooth workflow and timely production completion.
With these comprehensive manufacturing solutions, Sage 500 equips businesses with the tools they need to operate confidently and achieve manufacturing excellence.
Harnessing Business Intelligence
Smart businesses capitalize on business intelligence to maintain their competitive advantage. Business intelligence and reporting enable managers to focus on key performance indicators and monitor internal and external changes in real-time. These tools not only provide valuable insights but also facilitate a shift from reactive to proactive decision-making. This approach allows you to work smarter, not harder, and stay ahead in the market.
Sage 500 ERP Intelligence Reporting is a Microsoft Excel-based business intelligence (BI) tool that simplifies financial and operational reporting. It extracts data from Sage 500 ERP and presents it in Excel, allowing for easy creation of custom business reports with just a few clicks. Additionally, accessing new report templates is straightforward – users can download templates that support various business reporting needs with a simple desktop link.
Key features of Sage 500 Intelligence Reporting include:
- Microsoft Excel-based BI reporting tool
- Flexible design options for custom business reports
- Access to a wide range of report templates
- Streamlined reporting process for faster analysis
- Empowers smart business decisions for competitive advantage
Access essential business information conveniently and efficiently through the new Business Insights dashboard, consolidating critical data in one centralized location. Powered by .NET technology, this dashboard eliminates information overload by providing up-to-date sales statistics, key accounting data, industry news, and competitive intelligence at your fingertips. With this powerful solution, you gain unparalleled knowledge management capabilities that integrate personal, corporate, and external information, allowing single-click access to analytical and collaborative tools.
Key features of the Business Insights dashboard include:
- Centralized access to vital business information
- Up-to-date sales statistics and key accounting data
- Industry news and competitive intelligence
- Personalized display options based on user preferences
- Integration of personal, corporate, and external information for comprehensive knowledge management
Users of the Business Insights Analyzer in the Sage 500 ERP system can arrange, graph, and format summarized data. Contextual mappings have been set up, enabling users to directly access data views for advanced analysis and reporting on any data within the Sage 500 ERP database.
Key features of the Business Insights Analyzer include:
- Organization, graphing, and formatting of summarized information
- Contextual mappings for direct access to data views
- Advanced analysis and reporting capabilities
- Integration with Sage 500 ERP database for comprehensive data insights
Sage Enterprise Intelligence empowers business users, managers, and executives to analyze and generate business reports, dashboards, or views tailored to their roles without needing specialized expertise. It provides intuitive viewing options via a web interface, mobile devices, or an Excel-based interface.
Key features of Sage Enterprise Intelligence include:
- Empowers users to analyze and create reports without specialized expertise
- Tailored reports, dashboards, and views for different roles
- Intuitive viewing options through web, mobile, or Excel interfaces
- Enables seamless access and analysis of business data across devices
Leveraging Business Intelligence for Manufacturing in Sage 500 unlocks a wealth of tools and capabilities designed to enhance operations and decision-making. Here are some key solutions within Sage 500 that empower manufacturers to leverage business intelligence effectively:
- Business Insights Explorer: Explore and analyze data effortlessly with intuitive tools and customizable dashboards.
- SAP® Crystal Reports for Sage 500 ERP: Create detailed and visually appealing reports for informed decision-making.
- Sage 500 ERP Alerts: Stay informed and proactive with customizable alerts for critical events and performance indicators.
- Sage 500 ERP Office: Seamlessly integrate business intelligence into your daily workflow with Microsoft Office integration.
With these comprehensive business intelligence solutions, Sage 500 enables manufacturers to gain valuable insights, improve efficiency, and drive business growth.
Key Sage 500 Benefits
Efficient Implementation
Robust utilities facilitate rapid and effective implementation of systems
Data import tools
Tools for importing data validate and transfer data from a range of other systems
Data Migration
When upgrading to Sage 500 ERP, data can be migrated from both Sage 100 Standard and Advanced ERP systems