Sage Fixed Asset Software Cost

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Jun 29, 2018  Sage Fixed Assets is a software that helps companies track and manage fixed assets through every step of its lifecyle. Users can enjoy simplified fixed asset tracking with comprehensive depreciation calculations that cover more than 300,000 U.S. And Canadian regulations for businesses, governments, and nonprofit organizations. Sage Fixed Assets—Depreciation also include: the ability to allocate cost and depreciation for an individual asset or group of assets to more than one funding source, decision-making tools to ensure GASB 34/35 compliance, and the ability to create budgetary books for asset budgeting projections.

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Sage Fixed Assets Pricing

Starting from $1,570 Per license

Sage Fixed Assets is an on-premise fixed asset management software solution that is designed to assist companies to increase accuracy, reduce costs, and eliminate redundant data. The software assists businesses..

Pros: Sage fixed assets has the capability to add and track several data points, which can be customized by the company. Photos and notes for each asset can be added to the asset file and retrieved at any time. Sage Fixed Assets. This is one of the best fixed assets accounting software solutions in the present market and it provides great flexibility in its various functionalities. It offers SaaS based payment solutions for corresponding web based deployment practices.

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Sage Fixed Assets Pricing - The Ultimate Guide

Sage Fixed Assets Total Cost Grade: (2.2/10)

Sage Fixed Assets pricing can be considered to be average when compared to other fixed asset management software. Sage Software does not provide any exact prices regarding the software subscription. However, an interested party can contact the company and request for a demo or a quote from their website.

Sage Fixed Assets - Depreciation Fundamentals I-15 Section I: Fundamentals of Depreciation Basis Used for Depreciation I Example: Sage Trade, Inc. Trades a machine with a fair market value of $25,000 for some land. Sage Fixed Assets Pricing Plan & Cost Guide. Sage Fixed Assets Pricing Sage Fixed Assets Reviews Sage Fixed Assets Alternatives. This software is used to maintain our fixed assets. It a bit expensive but does a good job. The interface could be a little better. First on the list of top 20 fixed asset management software is Sage FAS. It is a solution designed to track, manage, and monitor the entire lifecycle of your fixed assets even before they become fixed assets. This system comes in various solutions to cover each crucial aspect due to its complexity.


When it comes to selecting software product, buyers are primarily concerned about its cost. In fact, it is the cost that determines whether a potential buyer would go with the product. True, there is no one-size-fits-all formula to determine the “worth” of a software product, but as a software buyer, you want to make sure you get the best value for your money, without having to dig a big hole in your pocket.
Understanding the exact price of Software isn't easy as The overall cost of software includes the cost of software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's 'total cost of ownership.'

3 Software Pricing Models:

Sage Fixed Asset Software Cost There are primarily three common pricing models – Perpetual License, Subscription, and Commercial open source.
  • Subscription/Software-As-A-Service: Relevant for Sage Fixed Assets
    Under this software pricing model, the software is accessed over the Internet, as opposed to installed on-premises. The payment is made either on a per user basis or subscription basis. Ideally, customers are required to pay a recurring monthly fee until a specific period for using the software. Subscription pricing model is more common with Software-as-a-Service (SaaS) apps.
  • Upfront cost for customization and integration is less compared to perpetual license cost because there is not much flexibility with SaaS systems in this area.
  • Recurring cost is greater as customers are required to make monthly payments as subscription fee. Additionally customers using premium support services must pay an extra fee.
  • All in all, the total cost of ownership in the both cases is almost the same and may span over a period of 7-10 years, though you may have to pay a higher perpetual license fee upfront. The software cost may vary from starter to mid range to enterprise level apps in both cases.
  • Perpetual license: Not relevant for Sage Fixed Assets
    A common pricing model for on-premise applications, perpetual license requires a customer to pay an upfront sum to own the software or other intellectual property on-premises for a fixed term.
  • Upfront cost involves the fee for installation, customization, integration with existing systems, besides perpetual license fee.
  • Recurring cost is low in this pricing model and may include cost for updates, maintenance, upgrades, and patches. Some vendors do offer premium support services, which come for an extra price.
  • Commercial open source: Not relevant for Sage Fixed Assets
    The customer can acquire the software free of cost without having to incur any upfront license fee. As a customer, you’re solely responsible for the ongoing maintenance, upgrading, customization, and troubleshooting of the application to meet your specific needs. You are on your own for providing end-user support, since you are not locked in with a vendor-supplied software solution.

Sage Fixed Assets - cost of customization:

If you need specific features in your software catering to your specific business requirements, the vendor will charge customization cost, depending on your needs and feature requirement. Ideally customization cost is more complex to calculate compared to licensing cost.
Some apps allow you to easily combine data from multiple sources, without any complicated query requirements, while some others can be embedded into different applications to provide enhanced reporting. If you seek products that support customizable dashboards and predictive analysis to identity possible trends and facilitate decision making, you may have to pay higher for all the customization features.
Additionally, the following factors may affect the cost of customization:
  • User interface changes
  • Configurable dashboards
  • Data elements required for tracking
  • Forms to collect additional data
  • Dashboard, management and operational reports that are needed.
  • Workflows and how complex they are.
  • Forms to collect additional data.

Sage Fixed Asset Software Cost

Here are some questions to answer: How much customization is needed? How many system you want to integrate to? Does your company work like industry standars or has it's own customize processes? What kind of special reports are needed?

In order to calculate the cost of customization you can use the following estimates:

  • Minimal customization - integrate with 1-2 systems: $2,500
  • Standard customization - integrate with 3-5 systems: $10,000
  • Fully customized system - integrate with more than 5 systems: $25,000

Sage Fixed Assets - cost of data migration: Relevant for Sage Fixed Assets

Most companies opt for data migration services from a vendor, which raises the cost of product ownership. If you choose to transfer data on your own, you can avoid paying the cost of data migration.
Data migration cost depends on the amount of data to be transferred, your current software, availability of migration tools, complexity of data, and gaps between the existing system and the new system.
If your data is stored in excel spreadsheets, then it may incur you a lot of time and money to migrate data from excel.
By involving a software services provider in data migration, you are asking them to offer additional services, for which you may have to pay extra.

As a rule of thumb the cost of data migration depents on how many records you want to migrate. Records can include number of Customers, invoices, financial transactions, products, versions, etc. Here is a list you can use as a rule of thumb:

  • 1,000 records: $500
  • 10,000 records: $2,500
  • 100,000 records: $10,000
  • 1,000,000+ records: $25,000

Sage Fixed Assets - cost of training: Relevant for Sage Fixed Assets

As a software buyer, you are required to pay extra for in-person training, though some vendors offer web-based training as part of the package. Training cost may involve end-user training, video/self training, group training, department training, and train the trainer.
Training cost derived from the training approach that you select for your organization:
  • End-user training.
  • Group/Department training.
  • Video /self training.
  • Train the trainer approach.
Sage
Here are some questions to answer: How many training groups (different departments, usages, type of users) are needed?

In order to calculate the cost of training you can use the following estimates:

  • 1-2 Training Sessions: $500
  • 3-4 Training Sessions: $1,500
  • 5-7 Training Sessions: $2,500
  • 8-10 Training Sessions: $5,000

Cost of Hardware & IT: Not relevant for Sage Fixed Assets

This can be a major expense for on-premise software buyers that need their own servers and other infrastructure to install the solution. This may be a costlier alternative than cloud solutions. In that case, you may want to go with cloud services that do not involve infrastructural investments and you can rely on the vendor’s web-based solutions.
Software pricing may also depend on software capabilities, including marketing automation, sales automation, help desk, and call center.

Cost of support for Sage Fixed Assets - An Important Factor:

As a customer investing in a software product, you are looking for constant support, besides the price of the software. Support has become a crucial part of value-based pricing that you are willing to pay as a customer.
There is no use buying a software product and facing inconvenience due to some technical glitches that you know nothing about and are reliant on the vendor to give you a solution. It is crucial that you go for a product from a vendor that provides solutions to ongoing problems.

Shift From Licensing Fee to Subscription Fee Models: Not relevant

In an effort to build more sustained relationships with customers, most software vendors have chosen to offer the managed services model to accommodate changing customer behavior. There has been a significant drop in licensing revenue, thanks to the emergence of software-as-a-service model and downfall of the packaged software.

Sage Fixed Asset Software Cost Chart

The new pricing model requires customers to pay little upfront fee and ongoing subscription fee on a monthly basis. The alternate pricing model stretches payments over a period of few years compared to lump-sum licensing fee.
Customers are happy to pay small monthly installments for subscribing to the ongoing support and maintenance services from vendors, without having to pay large upfront payment which can be too much for small businesses.

Sage Fas Software Cost


Sage Fixed Asset Software Cost Management

Compare Sage Fixed Assets pricing to Alternarive solutions:

When comparing Sage Fixed Assets to their competitors, in a scale between 1 to 10 Sage Fixed Assets is rated 2.2, which is lower than the average software cost.
The science of software cost/pricing may not be easy to understand. If you seek to understand software pricing model, get in touch with ITQlick experts. Contact us today and find solutions to all your questions. We will match software vendors that offer the best pricing on technology that fits your needs.

Sage Fixed Assets Vs. alternatives

The two main competitors of Sage Fixed Assets include Stock and QuickFMS. Stock is a general enterprise asset management solution for private companies and administration whereas Sage Fixed Assets is a fixed asset management software solution. Stock offers deployment flexibility in that it can be installed on-premise as well as hosted on the cloud while Sage Fixed Assets can only be deployed on-premise.
Based on the online reviews, Stock has been awarded a 3.5-star rating while Sage Fixed Assets has been awarded a 4-star rating. QuickFMS is a facility management tool that assists in organizing, maximizing, and running business elements whereas Sage Fixed Assets is a fixed asset management software solution.
QuickFMS is an ideal software for small businesses, midsize business, and enterprise, whereas Sage Fixed Assets is designed to serve midsize business and enterprise. QuickFMS is a cloud-based solution while Sage Fixed Assets is installed on-premise.
Continue to Sage Fixed Assets Full Review

Fixed Asset Software

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