Sage One Accounting Helps Small Businesses Achieve Financial Confidence

IRVINE, CA--(Marketwired - May 7, 2015) -  Sage North America, a leading provider of business management software and services to small and medium-sized businesses, today announced new capabilities and a new pricing model for Sage One Accounting, simple online-based accounting and invoicing software. Sage One Accounting offers free and premium subscriptions with features for invoicing, cash flow management, and financial analysis. Designed for new and growing small businesses, Sage One Accounting helps small business owners take care of their daily tasks quickly so they can get back to running their business.

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In the 2015 State of the Startup Survey, Sage found that 36 percent of surveyed small business "nurturers" (third parties such as venture capitalists, angel investors, accountants, and attorneys) indicated they have a somewhat to extremely low trust of financial statements they receive from startups. At the same time, when startups were asked about how they handle accounting for their business, 21 percent do accounting manually on paper, while 27 percent use their own home-grown system.

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"All small businesses need access to a simple and efficient way to manage their accounting and invoicing needs to ensure their finances are in order, while instilling confidence in their customers and partners," said Mike Savory, Sage One product manager, Sage North America. "Sage continues to listen to the needs of small businesses, and we believe they will find Sage One Accounting ideal for organizing finances, preparing for tax time, and partnering with their accountant, all while putting themselves in a position for growth." 

Sage One Accounting allows small businesses to perform accounting tasks and cash flow analysis to make better strategic financial decisions for their business, including:

• Tracking income and expenses.
• Receiving online payments with Sage Payment Solutions and PayPal^®.
• Managing receivables and payables.
• Printing financial reports.
• Batching transactions.
• Managing and planning cash flow.
• Linking with bank and credit card accounts.
• Reviewing data by analysis codes.
• Accessing by mobile device.