On Time Accounting for UK SME’s

Having been heralded as a conservative and rather backwards accounting software provider, Sage has stepped into the 2015 with their latest cloud offering, Sage Live. Announced earlier in 2015 at the Sage Summit, Sage Live was announced as being the software for SME’s. Under the new leadership of Stephen Kelly, Sage and their latest accounting software have all the promises and high hopes of some of the newest and most innovative accounting software in the market.

Partnering with Salesforce, Sage Live is built to break down the virtual barriers between front office and back office accounting operations. The software provides a single live view of customer finance, payroll and accounting data in one place.

Sage aims to redefine the way businesses handle their finances, moving away from a stagnant form of doing accounts at the end of each month and towards real time capturing of data at the source. Instead of waiting for financial reviews after mandatory end of month accounting procedures, owners and MD’s of companies can capture receipts and invoices themselves, providing them with an immediate view of their company’s financial position.

Sage Live is built on the cloud and allows for third party integration. It brings to the party multi-dimensional interactivity as well as real-time integration and audit logging. The product can also be personalised to suit every business, making your accounting software work in the way you and your business works.

Moreover, Sage Live can be accessed through smart watches, tablets and smart phones through app technology – allowing for timely account management on your wrist. With real-time updates, this means that your business’s current information is always in the palm of your hand or on the cuff of your wrist in this case. Important decisions can be made with the most current and up to date information and innovation is now a lot quicker and accessible.

Innovation is not only achievable for the businesses that use the software but also for Sage themselves. With Sage Live cloud based software, Sage is able to update and improve their offering at a much quicker turnaround rate, creating a software that is contemporary and always up to date with SME’s needs.

Stephen Kelly has emphasised that Sage is aiming at placing their customers at the centre of their business model, always listening and catering to their needs. Sage Live certainly does this and as an accredited Sage software provider, LSA Systems are very excited to see how it evolves in the upcoming months.

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