Sage forms new partnership to help SMBs with finances

Sage claims the move means customers can do business and take payments anywhere

Sage has teamed up with payments technology provider Square in a new partnership to help small business take more control of its finances.

The partnership allows Sage Accounting and Square's point of sale (POS) software to integrate.

Sage claims the move means customers using both products can do business and take payments anywhere.

"Sales data then flows seamlessly into Sage Accounting, keeping traders' books up-to-date and accurate," a statement said.

It added that the integration makes it easier for accountants to see and access clients' latest financial data.

"Processing cashless payments effectively is critical to business owners especially as more shoppers choose digital payment methods over cash," says Neal Watkins, EVP of product at Sage.

"Through this partnership, Sage and Square are taking the pain out of keeping on top of finances for small businesses. They can keep track of sales transactions with ease, and get paid with confidence, and Sage Accounting is automatically updated so their books are covered."

The integration is available to Sage and Square customers in the UK, Ireland and Canada via the Sage Marketplace and Square App Marketplace.

Jason Lalor, executive director at Square Europe, said he is "excited" to see how the partnership strengthens SMB growth.

He added: "When the world went online during the pandemic, technology helped businesses survive.

"One of the lasting benefits we've seen for businesses was the shift to digital ways of working and selling. This switch is providing solutions to challenges all across the professional services sector by allowing businesses to be agile.

"Our sellers are continuously finding new and more efficient ways of working that prioritise expertise, implementing technology, and setting their business apart in an increasingly competitive landscape."