Small firms can now make payments directly from Sage accounts or payroll
New Sage Payments service aims to "empower"small and medium businesses in how they manage and make domestic and international payments
Sage has today announced the launch of a new service which will enable small and medium-sized businesses to make domestic and international payments directly from their Sage 50 Accounts or Sage 50 Payroll software.
The Sage Payments service integrates with the software, rather than having to extract information and put it into a bank or separate payment channel, to save businesses time and give “new levels of accuracy, transparency and control”.
Using the service, small firms can set future dated payments to manage cashflow, make payments to 24 countries worldwide with support for 11 different currencies, and can approve payments from desktop, mobile and tablet.
Sage has stated that the service differentiates its offering from competitors and is a “key play for the business”.
Lee Perkins, European vice president and managing director of Sage UK, said of the launch:
“Until now, payments have been a significant drain on time for small and medium businesses, with firms spending over eight staff hours every month making payments.
“With Sage Payments, we are empowering businesses by breaking down age-old financial processes revolutionising the way they make payments and enabling them to take greater control of their cashflow.”