Sage Takes Its SMB Accounting Software To The Cloud

Newcastle-based enterprise software specialist Sage has announced that the latest version of its popular ‘50 Accounts’ software is finally making the transition to the cloud.

The company will also release two mobile apps for iOS and Android, and introduce Sage Drive, an online platform for storing financial data.

50 Accounts is aimed at Small to Medium Businesses (SMBs) and, just like the name suggests, is designed to manage up to 50 employees. All of the new software will be available later this August.

Cloud for all

Sage is the world’s third largest supplier of Enterprise Resource Planning (ERP) software behind Oracle and SAP, and an uncontested leader in the SMB market.

The new version of 50 Accounts introduces a revamped user interface, automatic back-up and a subscription model that starts at just £25 per month. According to Sage, the new one-click navigation provides instant access to any ledger and helps to reduce the time it takes to navigate to certain tasks by 44 percent.

The company says that the move to the cloud is a single biggest change made to 50 Accounts. The new version of the accounting suite is integrated with the all-new Sage Drive, a secure online depository that helps accountants share data within their business, as well as with partners outside the company.

Sage is also introducing two mobile apps – Tracker, which enables remote monitoring of the most important financial information, and Mobile Sales, which helps staff in the field estimate quotes and submit invoices. Both rely on Sage Drive.

“For firms who have not considered cloud solutions before this presents a fantastic opportunity to foster new, more collaborative, and more flexible ways of working within their business and with partners,” said Lee Perkins, managing director for Start-up and Small Business at Sage UK&I.

“Working closely with our customers and accounting partners every new feature has been designed to make life easier for both accountants and small business users, giving them even greater insight, control and confidence. This will transform the day-to-day operation of thousands of firms across the UK.”

This is not the first cloud product released by Sage– the company already sells subscriptions to products like Sage One – a simplified, budget-friendly accounting suite for start-ups – as well as Sage 200 Online, designed for companies that employ up to 200 people.

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