Sage launches new solutions to boost accounting processes



Sage, market and technology leader for integrated accounting, payroll & HR and payment systems, has launched Sage One Payroll and Sage One Invoicing..

According to the Regional Director for Sage, West Africa: Magnus Nmonwu, while addressing reporters in Lagos, stated that Sage One Payroll seamlessly integrates with Sage One Accounting solution, offering a complete business solution for start-up and small businesses. Sage One Invoicing is an entry-level version of Sage One Accounting that makes it easy for sole traders, self-employed consultants and other micro-business owners to produce professional quotes and invoices.’ A similar software package, for example, would be Hiveage invoicing software.

According to him, ‘We aim to make tasks such as admin and red tape invisible by 2020 so that businesses of all sizes can focus on their business strategy, their customers and follow their dreams. This is why we place huge emphasis on automating those tasks that business builders enjoy the least.

Sage One Payroll is a smart online payroll solution that can be accessed 24/7 and caters for local tax and legal requirements. It allows unlimited earnings (owed to employees) and deductions (what the employee owes). The software makes it easy to calculate employees’ net salaries or wages, as well as deductions such as Pay-as-You-Earn (PAYE) and contributions to National Housing Fund (NHF), National Health Insurance Scheme (NHIS), pension and life insurance.

Similarly, Regional Director, Sage East Africa, Nikki Summers, said: “Sage One Payroll complies with all statutory requirements in Nigeria and is priced in local currency, yet it also has the full backing of a global software giant – Sage,” . “That means our customers enjoy the benefits of a cloud payroll solution which is designed for the local market and yet is built on the latest global best practices and technologies.”

Core features in Sage One Payroll include: Easy to use; available anywhere, anytime; tax submissions made easy; unlimited companies, employees and users, flexible pricing; combating fraud and user error:

Sage One Invoicing enables sole traders and micro-business owners to quote and invoice on-the-go from their PC or mobile device, as long as they have access to an Internet connection.

Customers don’t need accounting software training or financial experience to use the software.

‘It also provides real-time reports and dashboards so customers can monitor the outcome of quotes, track due and overdue invoices, monitor gross profits and identify popular and fast-selling items. It also provides a secure view of their finances on-the-go so they are ready to respond to business opportunities anytime, anywhere.

“Business builders can save hours of paperwork each month, so they don’t spend their weekends compiling invoices, issuing quotes or doing reconciliation, when a business outgrows Sage One Invoicing, it can easily upgrade to Sage One Accounting the complete Sage solution for small businesses that require more accounting, cash flow management and business insights.” she stated.

Source: G Business



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