Sage, a global integrated accounting, payroll and payment systems provider, recently launched Sage 50 Accounting across locations in East and West Africa.
According to the firm, Sage 50 Accounting is a holistic accounting and business management solution for small and medium businesses.
During the launch that took place in Lagos, company representatives who spoke in turns reiterated the firm’s belief in energizing the success of businesses and communities around the world through the imagination of our people and smart technology.
Speaking about the software, Rutendo Hwindingwi, divisional director for Sage East and West Africa said, “Sage 50 Accounting brings all aspects of your operating environment together, providing a complete business management solution. The comprehensive range of features and add-on modules provide a robust management tool for your businesses.”
Anton van Heerden, Executive Vice-President and Managing Director, Sage South Africa and Southern Africa noted that the future of business is mobile and “We are giving our customers the power to control their businesses from the palm of their hand with solutions like Sage 550 Accounting.
“We connect our customers to accountants and partners with real-time and intuitive information about their business. Sage 50 Accounting enables our customers to focus on their business and helps them to leapfrog to the future.”
Some of the features on Sage 50 Accounting include system audit manager and audit trails; post-dated checks; mobile sales; bank statement manager; accounts receivable and payable; fixed assets; inventory control; auto incremental reference number; departmentalised financial statements; user defined header fields; management dashboards; Microsoft office integration and many more.
A feature like advanced security provides confidentiality within a user organisation. It helps leaders control access to information that they do not want other members of staff to see. Sage 50 Accounting also features multi-level, menu-driven password access control and it enables the user to control who sees what with password protected menus.
The system audit manager helps a user company eliminate internal fraud and unauthorised transacting within the business. By using the feature, the user can track and manage database activities for all or selected database tables allowing the user to report on detailed changes for both transactions.
The software, which can be used by companies in every sector of the Nigerian economy, is not cloud-based but on-premise. However, it can be easily integrated into an e-commerce platform and each of the solutions is represented in an iconographic format. Users have the option of customising their dashboards.
“The versatility of the Sage 50 Accounting solution is enhanced by its extensive add-on modules giving businesses a complete business management solution for small and medium businesses within the African market,” the firm said in a statement.
FRANK ELEANYA
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