Sage named a major player in IDC MarketScape for accounts receivable automation for SMBs.
Sage, a leader in accounting, financial, HR and payroll technology for small and medium-sized businesses SMBs has been recognised as a Major Player in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for Small and Midmarket Businesses 2024 Vendor Assessment.
The report stated: “Sage offers a highly configurable platform that leverages standard and custom fields. Universal connector architecture enables both multi-entity support and multi-ERP integration”.
Further noting: “Consider Sage if you are a company looking for a SaaS solution with extensive ERP integrations.”
Empowering SMBs with Advanced AR Automation
With SMBs increasingly focused on optimising cash flow, Sage simplifies invoicing, offers multi-channel payment options, streamlines collections, integrates with customer relationship management (CRM) systems, provides accurate sales tax calculations and delivers actionable insights through advanced reporting.
Sage’s AR automation platform integrates seamlessly across its financial and enterprise resource planning (ERP) systems, including Sage Intacct and Sage Business Management Solutions (BMS). These capabilities allow SMBs to replace manual processes with intelligent automation, enabling businesses to streamline workflows and improve efficiency.
As industries embrace digital transformation, Sage’s commitment to innovation, particularly in integrating AI-driven capabilities and adapting to regulatory changes across regions, is empowering SMBs to remain competitive and resilient. Key features include automated customer communications, a self-service payment and account portal, and forecasting tools that empower businesses to make smarter financial decisions.
“SMBs are the backbone of the global economy and efficient cash flow management is crucial for their success,” said Gordon Stuart, VP, Product Strategy and Operations, Sage.
“At Sage, we are proud to support our customers with solutions that not only automate accounts receivable processes, make getting paid securely, easier and faster but also provide the insights they need to grow and thrive. We believe being recognised by the IDC MarketScape reflects our commitment to delivering innovative technology that meets the evolving needs of our customers.”
Innovating for SMB Success
Managing accounts receivable is a persistent challenge for SMBs, where delays or inaccuracies can significantly impact cash flow.
Sage’s configurable AR platform is designed to address these challenges with multi-ERP integration and universal connector architecture, offering SMBs the flexibility and scalability they need to grow.
Additionally, Sage’s collections activity management features a unified dashboard where users can track communications, automate workflows, and maintain complete oversight – all from one place.
Sage’s robust partner ecosystem also plays a pivotal role in supporting SMBs with tailored solutions that align with their unique requirements, whether by business size and maturity, geography they operate in, or by industry vertical.
By introducing solutions such as Sage Connect for AR, designed specifically for small businesses, Sage is helping streamline processes like automated reminders, customer account portals and online payment options. These innovations empower SMBs to reduce admin workloads, accelerate cash flow and build stronger customer relationships. Stuart said: “We understand that every invoice counts for SMBs, which is why we focus on enhancing Sage AR automation and creating new tools such as Sage Connect, that are both intuitive and transformative. With Sage, businesses can automate repetitive tasks, gain real-time insights, and concentrate on what truly matters – driving their growth and delivering value to their customers.”