News & Events

23 November, 2015

Sage unveils Sage Payments – a revolutionary payments service that enables customers to manage and make domestic and international payments straight from their Sage 50 Accounts and Sage 50 Payroll software.

Sage has been at the forefront of payment and funding innovation for years and is redefining how businesses pay, get paid and manage their money through innovative technology. Sage Pay already provides an integrated, flexible and secure service for businesses to accept incoming payments and Sage Payments offers an innovative new way to make payments to suppliers and employees using a number of secure and reliable payments networks, including the Faster Payments network.

Sage now offers a holistic end-to-end payments solution that integrates with Sage accounts and payroll software and enables them to take control of all of their money movements.

“Money management has throttled growth for too many businesses who struggle to handle flow of cash in and out of their organisation”, commented Lee Perkins, EVP and Managing Director of Sage UK. “Until now, payments have been a significant drain on time for small and medium businesses, with firms spending over 8 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.”

How does Sage Payments make a difference to businesses?

• Time Saving : make payments within Sage software, removing the need to manually re-key information into internet banking. Automates reconciliation, funding and exchange rate calculation processes to  save time and improve accuracy.
• Greater control of cashflow: Set future dated payments to help monitor cashflow and create a full digital audit trail to provide control over authorisation.
• Cost savings and transparency: Competitive and transparent domestic and FX pricing through a choice of tiered plans.
• Domestic and international: Make payments to the UK and 23other countries worldwide with support for 11 different currencies through Sage’s Foreign Trader module.

• Access anywhere: View and approve payments from your mobile and tablet devices.