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Sage launches online accounting for small businessesstory by TelegraphAccounting software giant Sage has made a new foray into monthly subscription, web-based services for new businesses and sole traders
Sage, the small business accounting software supplier, is targeting sole traders and start-ups with a hosted software package sold on a monthly subscription. The Newcastle-based group’s is pitching its Sage One software as a “simple, secure, low cost way to manage finances” using an online system that allows business owners to work on their invoices and tax returns and assess their business performance in the office or at home remotely. Simon Black, managing director of Sage Online, said Sage was aiming the software at the large number of very small firms that it had not previously aimed to serve. “We are solely focused on this part of the market to deliver a very simple product,” he said. The launch is the second time that Sage, which has 800,000 business customers in the UK, has attempted to sell an internet based accounting software package to small businesses. It withdrew its first product, called Sage Live, in 2009. |
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