Accounting
New features in Sage One give small businesses integration with bank data and offer greater customization
Sage says the new features were developed in response to customer feedback, allowing Sage One to meet small business needs while also delivering a positive user experience.
May. 15, 2013
Sage North America has released several new features for its web-based small business accounting system, Sage One. Developed on a global technology platform that can be tailored to local market needs in the U.S. Sage One includes accounting with invoicing, project, task and time management functions thhat help meet the needs of entrepreneurs, start-ups and small businesses.
Sage says the new features were developed in response to customer feedback, allowing Sage One to better meet small business needs while also delivering a positive user experience.
One of the primary new features, bank integration, works with more than 10,000 banks and financial institutions. Users can select and link as many bank accounts and credit cards with Sage One as they wish and may reconcile transactions and apply payments against customer invoices in Sage One. Bank integration eliminates the time-consuming task of manually entering or updating payment information.
“Managing and tracking cash flow is a challenge for many time-strapped entrepreneurs,” said Henry Benamram, general manager, Sage One. “Bank integration with Sage One further simplifies accounting and business management for entrepreneurs. Rather than keying transactions and trying to determine spending and balances from multiple sources, business owners relying on Sage One can see their accounting, projects, tasks and now banking, all in one place.”
Sage One has also simplified its user interface and incorporated features, such as recurring transactions and accounts payable, to streamline and automate typical financial management processes. Users can now easily perform tasks such as entering and categorizing vendor bills for tax purposes. Payables enhancements include the ability to set up recurring transactions for predictable expenses, such as a loan payment. The new features support bills with multiple line items, each with a different expense category, automating accurate cash flow tracking.
Introduced in the U.S. in May 2012, Sage One helps entrepreneurs manage their income and expenses with a simple, easy-to-use online accounting solution that includes invoicing, project and task management and sharing features that streamline and automate manual, time-intensive business management processes. Integration with Sage Payment Solutions and PayPal was launched January 31, 2013. Users can now get paid faster by generating an invoice in Sage One that contains a link that allows their customers to immediately pay the invoice online with a credit card or PayPal account.
Sage One is celebrating its first anniversary in the U.S. with a special promotional monthly rate. In honor of the app’s first anniversary in the U.S. market, the $29 subscription fee has been lowered to $24 per month for 12 months, and existing customers who are not on a discounted rate will be given the new lower monthly rate automatically. Subscribers who sign up for this promotional rate will have full access to the product’s features and benefits, including unlimited access to live support, through phone, chat or email. For more information, please visit: