Sage clear cloudy future

Latest News

Sage clear cloudy future

By Mark Evans

24/01/2018

Accounting software group Sage has announced its results for its Q1 trading, with performance broadly in line with expectations.

The Q1 results brought a rise in organic recurring revenue of 7 per cent, but the main story was the successful migration to, and growth of, subscriptions of 26 per cent, demonstration a firm commitment to moving the company’s products into being a SaaS provider. Such a shift also some expected drops in licence revenue and also gains in training.

Management remains confident of a good Q2 and annual growth of 8 per cent.

The future-ready CFO: Driving strategic growth and innovation

This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.

The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities

In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.