Sage make key decision on Cloud Financials offering

Sage have announced that they will no longer sell Sage Business Cloud Financials (the product formally known as Sage Live)  to new customers with immediate effect.

Having gone through a tough period of consideration, Sage have decided that the best way to serve their cloud customers needs is to focus on the delivery of Sage Intacct into new regions as their cloud based financial solution for fast growing and mid market organisations. This roll out will start with Australia and the UK towards the end of 2019.

Sage have made a commitment to existing users of Sage Financials that they will continue to support and deliver the solution as they do today and they will remain compliant and supported. However it is inevitable that clients who have invested in this software will certainly need to start to consider their options over the coming months.

As one of the top Sage providers in the UK and being heavily involved in the initial roll out of Sage Financials (Sage Live), Smith Cooper are uniquely placed to discuss system options with users of Sage Financials. As such we have built a specific information page for Sage Financials users, including a simple infographic comparing Sage Financials to Sage 200c. You can access that here .

Smith Cooper MD Chris Smith said “This has been a very brave and, I am sure, very difficult decision by Sage but, in my opinion, is absolutely the correct one. The introduction of an established and proven cloud financials solution such as Intacct is a massively exciting prospect for Sage Partners and Customers. Sage are correct to give this 100% focus and avoid any confusion in the market or dilution of the launch later this year.”

If you have invested in Sage Financials and would like to understand your migration options, please do not hesitate to call us on 01332 587515, or access our dedicated Sage Financials Migration information here.

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