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Sage 300 Construction and Real Estate

Score5.3 out of 10

36 Reviews and Ratings

What is Sage 300 Construction and Real Estate?

Sage 300 Construction and Real Estate is an end-to-end construction and property management product.

Categories & Use Cases

Who Buys & Uses Sage 300 Construction and Real Estate

Interested in Accounting Software from Y2K, then this is the right pick for you.

Use Cases and Deployment Scope

We used it as our core accounting software for processing incoming invoices and general accounts payable tasks, tracking projected costs vs. actuals, printing cheques, processing payroll, sub-par vendor tracking and management, and some basic data extraction for pivot table generation to create some internally required reports for oversight and forecasting.

Pros

  • Very basic

Cons

  • Lack of data validation and controls
  • Extremely limited report configuration without significant customization
  • Too many arbitrary limits like vendor name that forced partial names into the address
  • Very outdated UI
  • Very siloed forcing users to open different applications for different functions

Most Important Features

  • Accounts Payable
  • Cost Projections
  • Payroll
  • Cheque Processing
  • Bank Reconciliation

Return on Investment

  • It forced our accounting group to manage and track many things in Excel
  • It's clunky UI has limited efficiencies and productivity
  • It's lack of evolution has trapped our financial reporting in the year of implementation

Alternatives Considered

Acumatica

Other Software Used

Acumatica, Salesforce CMS, Asana

Great Product

Pros

  • Very easy to use
  • Lots of reports for each module

Cons

  • Reports Manager could be a little easier to modify reports

Most Important Features

  • AP
  • Payroll
  • Job Costing
  • AR

Return on Investment

  • Great investment

Other Software Used

Microsoft 365 (formerly Office 365)

Sage has improved our office!

Pros

  • Sage allows you to do complex tasks in a simplified manner.
  • The software has a plethora of customizable features.
  • The reporting options are endless!

Cons

  • The user interface could be updated and be a bit more modern.
  • It would be nice to have more free trainings available.

Return on Investment

  • Sage has cut down on AP/AR time by being able to enter items in one place.
  • We've significantly cut back on paperwork.

Alternatives Considered

QuickBooks Desktop Enterprise

Usability

Other Software Used

OneDrive, Google Drive, Cisco Webex Meetings

Sage is a strong tool, but can be bulky.

Pros

  • There are a lot of ways to drill down into information. The ability to run inquiries that can be easily exported into Excel is incredibly useful.
  • The help desk is very helpful. There are multiple ways to get a hold of someone and it is extremely useful.
  • The knowledgebase articles are very helpful and provide a lot of great detail.

Cons

  • There are so many patchwork pieces that oftentimes modules do not talk to each other correctly.
  • A common fix with issues is to go into the backdoor to fix issues. It seems like a big lack in security and IT controls. I wish there were better fixes for when the system miscalculates or times out.
  • The fact that it is not cloud based has made it more expensive and difficult to update regularly. We have to keep a server specifically for this system, while everything else we use is cloud-based so everyone in the field can easily access them.

Return on Investment

  • The system is difficult to learn for our team members and we have to spend a lot of time and effort training people.
  • The system is bulky and often times out, so we lose work or have issues with the module communication. While the knowledge base and chat rooms are very helpful, I would prefer we didn't need to use them so much and that the fixes would not be to manually correct the problems by using the backdoor.

Alternatives Considered

CMiC Project Management, Procore and Acumatica

Other Software Used

Concur Expense, Procore, Bluebeam Revu

Sage 300 Construction: Perfect for the Mid Market

Pros

  • Sage does a comprehensive job of tracking all accounting features and functions.
  • It is easy to deploy and is used by all members of staff to track the accounting of our real estate business.
  • The systems are easy to use and training is minimal.

Cons

  • It is a mature product so most of the cons have been resolved.

Return on Investment

  • The accounting functions (AP, AR, GL) are mature so it does a great job with core financials. The reports are flexible so it does a good job of providing flexibility in report writing. The application is written for a workgroup so multiple people can use it at the same time. The transaction detail is strong so that a transaction can be rolled back if necessary.

Other Software Used

Citrix ShareFile, KnowBe4, LastPass for Business