Technology Magazine June 2024 | Page 87

Sage is not just innovating in product offerings but also in how these products interact with users . A critical feature of the new software alerts business owners of upcoming financial shortfalls , and offers potential solutions .
“ Imagine a tool that not only predicts cash flow problems but also proactively offers financial solutions , like eligibility for loans or grants , surfaced in real-time ,” says Chip .
He adds : “ Our solutions also facilitate communications between business owners and their accountants , by scheduling meetings , to ensure all parties are well-informed and can discuss strategies effectively .”
How fintech enhances business operations Over the past five years , Sage has significantly transformed its service offerings , leveraging cutting-edge fintech to enhance efficiency and cater to a diverse clientele . This shift is central to its strategy to integrate advanced financial technology solutions .
The role of the CFO within companies has also evolved , reflecting a broader industry trend towards a more strategic function , which is enabled by technology .
Sage ’ s recent report - The Secrets of Successful CFOs - highlights that 85 % of CFOs are poised to assume a more crucial role in strategic planning and counsel , thanks
technologymagazine . com 87