Technology Magazine June 2024 | Page 86

SAGE
“ These are a set of accounting services around ledgers , compliance , and reporting platforms partners can access and offer to their customers across their banking platform .”
What does the future hold for Sage ? Sage is set to significantly scale up operations over the next eighteen months , focusing on expanding its cloud-native products across multiple international markets .
“ We ’ re scaling our Intacct business , which is our cloud-native medium segment , and expanding it not just in English speaking countries like US , Canada and UKI . We have recently launched Sage Intacct in France with plans for Spain and Germany in the near future ,” Chip reveals .
Sage is also enhancing its offerings to SMEs by integrating payroll , HR , and planning products into its systems .
“ We are scaling the other products by connecting customers to essential business functions such as payroll and HR ,” Chip explains .
Sage has achieved significant growth for its smaller business customers , and its expansion strategy includes an increased focus on integrating cutting-edge technology like AI and generative AI into its network .
“ With the launch of Sage Copilot , powered by generative AI , we ’ re aiming to embed advanced capabilities to automate complex workflows and provide powerful insights for businesses ,” says Chip .
He adds that this initiative is expected to revolutionise how businesses interact with their financial data and streamline operations through intelligent automation .

“ We are dedicated to embedding sophisticated financial technology solutions in our core accounting software ”

CHIP MAHAN GLOBAL HEAD OF FINTECH , SAGE
86 June 2024