Software Alternatives & Reviews

Bankfeed VS Sage 50cloud

Compare Bankfeed VS Sage 50cloud and see what are their differences

Bankfeed logo Bankfeed

Is your company receiving a lot of incoming payments? Are you using more than one bank? Bankfeed saves time and prevents errors by automating the import of bank statements to Microsoft Dynamics 365 Business Central and the reconciliation of payments.

Sage 50cloud logo Sage 50cloud

Sage 50cloud is the small business solution for everyday heroes. Plus, new customers enjoy 40% off!
  • Bankfeed Landing page
    Landing page //
    2023-06-12

Forget about logging into different banks. Have all your bank statements in Microsoft Dynamics 365 Business Central, and reconcile payments with invoices AUTOMAGICALLY!

If your company meets at least one of these conditions, you will find Bankfeed valuable: • Receives many payments • Uses several bank accounts • Wants to post transactions quickly and error-free • Wants to view payments in real time • Has operations in multiple countries

Bankfeed allows you to automate bank statement import into Microsoft Dynamics 365 Business Central as well as payment recognition and reconciliation with issued invoices.

The solution works with all European banks, including Santander, ING, Barclays, HSBC, Swedbank, Revolut, PayPal, Stripe, Wise, American Express, N26 and others.

Here's what customers have to say: “At least 98% of incoming payments are automatically identified and reconciled with invoices. This makes my daily work much easier.” Jurgita Lapinskiene, USAD

“We have more than 60 bank accounts, so it used to take a lot of time to manually manage all the incoming payments. I am happy that Bankfeed automates that.” Neringa Baronaitiene, Gelvorasergel

“The automatic recognition and reconciliation, as well as the separation of bank charges, saves at least 4 hours per day, i.e., about 10 days per month.” Sigita Geinaite, Trobos

FOR MORE INFORMATION PLEASE VISIT https://bankfeed.com/

  • Sage 50cloud Landing page
    Landing page //
    2022-07-20

Sage 50cloud is the industry-leading accounting solution for small and medium-sized businesses. It allows you to manage the books from your office desktop and work remotely from your laptop. Plus, you can unlock mobile functionality with Office 365 integration. However you work, Sage 50cloud works with you - desktop installed for performance and cloud-connected for on-the-go productivity.

Buy now with up to 40% off for new customers or trial the product for 30 days free of charge.

Bankfeed features and specs

  • All European banks: Yes, 2300+ banks
  • Automatic bank statement import: Yes
  • Automatic payment recognition: Yes
  • Automatic payment reconciliation: Yes
  • Automatic invoice reconciliation: Yes

Sage 50cloud features and specs

No features have been listed yet.

Bankfeed videos

Bankfeed demo

More videos:

  • Tutorial - Bankfeed Assisted Setup for Bank Connection
  • Tutorial - Bankfeed Assisted Setup for General Settings
  • Tutorial - Bankfeed Guided Tour

Sage 50cloud videos

What’s New in Sage 50cloud Accounting Release 2019 - Sage Drive Multi-User

Category Popularity

0-100% (relative to Bankfeed and Sage 50cloud)
Finance
100 100%
0% 0
Accounting
2 2%
98% 98
Accounting & Finance
5 5%
95% 95
Bookkeeping
0 0%
100% 100

Questions and Answers

As answered by people managing Bankfeed and Sage 50cloud.

Why should a person choose your product over its competitors?

Bankfeed's answer

Bankfeed works with all European banks, including Santander, ING, Barclays, HSBC, Swedbank, Revolut, PayPal, Stripe, Wise, American Express, N26 and others. 2300+ banks in total. The solution also provides automatic payment reconciliation with issued invoices.

Which are the primary technologies used for building your product?

Bankfeed's answer

Bankfeed works as an add-on for Microsoft Dynamics 365 Business Central. For the integration with all European banks, the solution uses open banking (PSD2) technology.

Bankfeed supports the most common bank formats worldwide: CAMT.053 (financial statement import) CAMT.052 (financial statement import)

How would you describe your primary audience?

Bankfeed's answer

If a company meets at least one of these conditions, it will find Bankfeed valuable: - Receives many payments - Uses several bank accounts - Wants to post transactions quickly and error-free - Wants to view payments in real time - Has operations in multiple countries

What makes your product unique?

Bankfeed's answer

Bankfeed allows you to automate bank statement import into Microsoft Dynamics 365 Business Central as well as payment recognition and reconciliation with issued invoices.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Bankfeed and Sage 50cloud

Bankfeed Reviews

We have no reviews of Bankfeed yet.
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Sage 50cloud Reviews

The 8 Best QuickBooks Alternatives for Small Businesses
Sage 50cloud Accounting is scalable, with three plans available. Sage 50cloud Pro Accounting is a single-user system that currently runs $340 annually. Sage 50cloud Premium Accounting is priced at $510 per year and supports up to five users and up to 10 companies. Sage 50cloud Quantum Accounting works with up to 40 system users and currently runs $842 annually.
Source: www.fool.com
The Top 11 Cloud-Based Accounting Solutions for Small Businesses
I’d recommend Sage 50cloud for small to medium-sized businesses. This software frees up your time since you can automate so many administrative tasks. It will make your life easier when tax season comes around too.
Source: navitance.com

What are some alternatives?

When comparing Bankfeed and Sage 50cloud, you can also consider the following products

Xero - Xero is online accounting for your small business.

FreshBooks - The ideal accounting software for small business owners.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

QuickBooks Online - QuickBooks Online is a Cloud Accounting for small business that can be used on iPad, mobile phone or computer to do invoicing, billing, run reports, or even pay employees online.

QuickBooks - Business runs better with QuickBooks, the #1 accounting solution for small business.

Odoo - An all-integrated business app suite to unleash your growth potential.