PCMag has updated its rating of accounting software in an extra useful way.
First, the ratings are determined by a panel of the magazine’s community members.
Second, in addition to the ratings there is a directory of 66 products available for perusal in the category.
Sage (formerly Sage Software, the publisher of Sage 300, Sage One, Sage 50c, etc.) has won the category. SAP has lost the category. Not bad, given how it is the smallest of the top-rated companies from a revenue perspective. Perhaps it is a testament to the power of focus as Sage has been shedding product lines and trimming its portfolio in the last ten years. It also dodged a bullet when its intended acquisition of MYOB did not go through – although it did get sued for it.
While six products are listed the top contenders do not offer the buyer as many choices and make finding a top software for each market segment easier. PCMag’s list has curiously mixed products for personal use (Quicken), SMB (QuickBooks and Sage) with Mid-Market products (Microsoft) and Enterprise Solutions (SAP and PeopleSoft). Also, the two ‘swift’ products either belong or belonged to Intuit.
An earlier article also provided a guide for Cloud-based accounting software.
*I used to work for Sage, Microsoft and Oracle.