Sage, a market leader in cloud business management solutions, has collaborated with Revolut to add another seamless account integration to its Sage Accounting software for small businesses.
On average, small businesses have spent 15 working days this year rekeying payments, reconciling their business accounts and correcting errors. Sage and Revolut Business customers can now automatically reconcile their transactions to match their accounts in seconds.
With this automation, business owners no longer have to trawl through boxes of receipts, sift through statements or ‘guesstimate’ cash flow positions.
“Never have businesses needed time relief more. Nobody started a business to reconcile their books every month,” says Neal Watkins, EVP Small Business Segment, Sage.
“Small businesses will no longer need to process receipts and bank statements manually. In 2020 the average business has spent three working weeks on such tasks. That’s unacceptable when there is cloud technology that automates repetitive manual tasks so that the nation’s small business can spend time on surviving, growing and thriving. Hence why this collaboration with Revolut is so important; we look forward to supporting our joint customers and helping them operate more seamlessly.”