Sage’s accretion of AutoEntry adds the able automation of abstracts access for accountants, bookkeepers and businesses to Sage Business Cloud.
Sage, a bazaar baton in billow business administration solutions, has appear it has acquired AutoEntry, a arch provider of abstracts access automation for accountants, bookkeepers and businesses. The accretion will advance Sage’s eyes to become a abundant SaaS company, and follows a acknowledged two-year partnership.
In adjustment to bear the best acquaintance for customers, AutoEntry’s ecosystem will abide accessible and independent. Accelerated advance in the technology will accordingly account barter application accounting software not delivered by Sage, as able-bodied as Sage’s accountants, bookkeepers and business customers.
Since its barrage in 2016, AutoEntry has been on a mission to annihilate the affliction point of chiral abstracts access for accountants, bookkeepers and businesses. Its able technology automates abstracts access by accurately capturing, analysing and announcement all receipts, acquirement and sales invoices, costs and statements into a user’s accounting software. AutoEntry’s technology utilises Artificial Intelligence (AI) and Optical Character Recognition (OCR) to ensure that the accordant band account abstracts is authentic and gets acquaint to the actual accounting balance fields removing mistakes generally associated with chiral abstracts entry. The band-aid is currently acclimated by added than 3000 accounting and accounting practices, and casework in balance of 150,000 businesses allowance them to become added able by decidedly abbreviation time and amount spent inputting amount items.
AutoEntry will initially be offered to Sage’s arrangement of accountants and bookkeepers in the UK, while continuing to serve its barter beyond the lath through its accessible and absolute ecosystem.
In the advancing months, it will be offered to barter beyond Sage’s business worldwide.
Lee Perkins, Chief Artefact Officer at Sage said:
“Part of Sage actuality a abundant SaaS aggregation agency architecture and accepting abundant technology to advice accountants and businesses focus on what affairs most. AutoEntry provides able technology and an accessible ecosystem that acquiesce us to automate the arrival of business-critical data, whatever the source, and reinforces our charge to accountants and their evolving role in allowance their audience thrive. Having formed with AutoEntry for the aftermost two years, we’ve been badly afflicted with the aggregation and the technology and are captivated to acceptable them to Sage.”
Brendan Woods, CEO at AutoEntry said:
“This is artlessly a actual agitative footfall for AutoEntry and presents a abundant alpha to our abutting chapter. Bringing automation to the advanced band of accounting has become arguably one of, if not the best affecting footfall changes to accounting in contempo years. Having apparent AutoEntry adopted for the automation of over 150,000 businesses in aloof three years back its launch, we are actual aflame about what we can do over the advancing years with the abutment and ability that Sage can action about the globe.
“We’ve consistently believed that if we committed to architecture the best product, accord the best chump support, with fair and cellophane pricing, aggregate abroad would abatement into place. This has been our mantra and it’s not activity to change now. We are actuality to bear the best band-aid to all accountants, bookkeepers and business owners, behindhand of the accounting articles they may use.”
Sage is the all-around bazaar baton for technology that helps businesses of all sizes administer aggregate from money to bodies – whether they’re a start-up, scale-up or enterprise. We do this through Sage Business Billow – the one and alone business administration band-aid that barter will anytime need, absolute Accounting, Sage Intacct, Action Management, Bodies & Payroll and Payments & Banking.
Invoice Receipt Accounting – invoice receipt accounting
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