The Channel logo

Articles about Sage

cloud_accounting2

Strategy-flinging No 10 civil servant Stephen Kelly turns Sage CEO

A top government civil servant is trading control of the nation’s IT for leadership of Sage Group, the giant accounting software firm that turns over £1.32bn a year. Stephen Kelly is stepping down as UK government chief operating officer to become chief executive of the accounting software firm in November. Kelly will succeed …
Gavin Clarke, 06 Aug 2014

Sage stakes ERP cloud on Azure platform

Sage is piggybacking Microsoft Azure to launch a cloud version of Sage 200. The UK software vendor is hosting the latest iteration of the enterprise resource planning (ERP) suite, properly called Sage 200 v2013, in data centres in Dublin and Amsterdam. Customers will pay an unspecified monthly subscription fee for the software …
Drew Cullen, 01 Jul 2013

Sage's 63-year-old CEO says au revoir: 'Life's all about choices'

Seventeen-year company veteran and CEO Guy Berruyer has signalled his intent to hang up his boots from the end of March next year or sooner if a replacement in found beforehand. The man went public on his exit plan at the half-way point of the accountancy software developer's fiscal '14 numbers, that showed a near five per cent …
Paul Kunert, 08 May 2014

Sage 50 activation blackout: Shops sent back to paper age

New and existing retail customers of the Sage 50 online accounting service were left in the lurch following a “massive” server outage last week. Shops installing new versions of the Sage 50 accounts software or upgrading their existing accounts were unable to register their serial numbers or activation keys for the new systems …
Gavin Clarke, 02 Sep 2013
channel_teaser_money_top

Sage site outage knackers Blighty's payroll depts

Brit biz Sage left UK customers without critical software - including its Payroll suite - after toppling offline. After the firm's web servers for sage.co.uk went down, the business programs were unable to connect to the website to automatically check for upgrades. "Yesterday we experienced an outage on sage.co.uk. This meant …
channel_teaser_money_top

Datel: Reseller growing faster than its vendor master Sage

Datel, Sage's largest channel partner in the UK, clearly isn't suffering similar growing pains to its vendor master after posting double digit growth for fiscal 2012. Sales saw an 18 per cent spike to £16.8m in the twelve months to 31 May and EBITDA rose 47 per cent to £1.67m. Pre-tax profits reached £1.14m from £588,000 a year …
Paul Kunert, 07 Dec 2012

Sage unimpressed by French performance

Brit accountancy software biz Sage ground out a relatively decent set of fiscal 2012 financial results as it moves towards more cloud-based sales. Organic revenues from continuing operations went up two per cent year on year to £1.34bn and profit before tax edged up just one per cent to £334m. CEO Guy Berruyer described the …
Paul Kunert, 06 Dec 2012

Sage: Where's this double-dip disaster everyone's crying over?

Sage revealed the fragility of the Eurozone economy continues to give management sleepless nights as the recovery it touted didn't show up. Back home in Blighty, though, growth was described as good. The UK-based accounting software biz pushed up sales two per cent to £661.2m in the six months to 31 March. Pre-tax profits …
Paul Kunert, 16 Jul 2012

Sage thrusts small biz tool into Microsoft Azure

Sage is to hitch its SME enterprise resource planning (ERP) software to Microsoft's Azure in a bid to speed up customer migration to subscription-based products. The development work has begun on the software – dubbed Sage 200 in the UK and Sage Murano in Spain –  to integrate it with Microsoft's cloud platform and the result …
Paul Kunert, 04 May 2012
arrow pointing up

Sage leads bidding for Mind Your Own Business

Sage has been declared preferred bidder for Aussie small biz and accounts firm MYOB. The Geordie firm is bidding A$1.3bn (£823m), which tops offers from Bain Capital and Kohlberg, Kravis Roberts and Co. The two private equity/asset stripper firms were stymied by the downturn in debt markets in recent weeks. The offer is a …
John Oates, 18 Aug 2011
money trap conceptual illustration

UK recession rattles Sage's cage as revenue growth flattens

The Sage Group is keeping close tabs on the UK economy amid fears of the "exposed risk of a renewed recession". The mid-market British accounting software maker hit out after posting first half revenues of £661.2m, up 2 per cent for the period ended 31 March excluding results of the disposed US healthcare biz. Sales included a …
Paul Kunert, 09 May 2012
channel

Sage sells off US healthcare biz

British software firm Sage is selling off its US healthcare unit to a private equity firm for £205m so it can focus on its core American customer base. The proceeds from the sale will be given back to shareholders through a share buyback programme, the Geordie small business provider said. The sale is expected to be completed in …
chart

Sage warns of bumpy ride ahead

Unstoppable accountancy software juggernaut Sage kept its foot on the gas in fiscal 2011 to record decent top- and bottom-line gains but warned of some danger signs on the road ahead. The firm made £331m pre-tax profits, up 11 per cent on sales of £1.33bn, a rise of 4 per cent for the year ended 30 September. In Europe sales …
Paul Kunert, 30 Nov 2011
fingers pointing at man

Sage looking to mind Mind Your Own Business' business

Geordie accountancy specialist Sage is in the race to buy Australian firm MYOB (from Mind Your Own Business) which offers similar services down under. The deal could close for as much as A$1bn (£637m) according to sources quoted by Reuters. MYOB has been in business for over 20 years and claims a million Aussie and Kiwi …
John Oates, 16 Aug 2011
channel

Sage Pay, down and out yet again

Online payment system Sage Pay is unavailable again today despite limping briefly back online yesterday. Disgruntled customers commenting on yesterday's story are threatening to jump ship to another provider, blaming a succession of failures from the online payment service. The disgruntled ones have also set up a Facebook …
John Oates, 04 Mar 2011
fingers pointing at man

Frenchman takes the helm at Sage

Accountancy and small biz software specialist Sage has found a replacement for departing chief executive Paul Walker. Its an internal promotion for Guy Berruyer, who is currently in charge of Sage's Europe and Asia business. He gets the top group job from 1 October. Paul Walker will stay with Sage until 1 December to ensure a …
John Oates, 16 Jul 2010
cloud

Sage butters up SMEs in fiscal first half

British software outfit Sage saw a mild upswing in pretax profit and revenue in the first half of its fiscal year as SMEs tentatively splashed some cash. The company's boss Guy Berruyer attributed the gentle rise to an "increase in business confidence for SMEs in the period". Sage reported pre-tax profit was up 5 per cent to £ …
Kelly Fiveash, 04 May 2011
For Sale sign detail

Sage Pay suffers 2nd day of downtime

Sage's online payment service SagePay is mainly not working for its 32,000 customers today, and it wasn't really working yesterday either. There seems to be a slight discrepancy between Sage's Twitter feed and its system monitor page on its website. The company's Twitter feed warns that live processing is not working but its …
John Oates, 03 Mar 2011
For Sale sign detail

Sage Pay upgrade woes hit merchants

Thousands of e-commerce merchants are still struggling to process transactions following problems with a weekend upgrade by payment processor Sage Pay. The upgrade was designed to make transaction processing faster and more resilient for the 32,000 merchants in the UK and Ireland who rely on the firm's service to handle e- …
John Leyden, 27 Oct 2010
graph up

Sage goes Polish for latest buy

Geordie accountancy software firm Sage Group has offered £41m for Polish company Teta. Teta offers personnel and Enterprise Resource Planning software to mid-sized organisations in Poland and Hungary. In the year ended December 2009 it turned over £21m and made a profit of £3m, and had assets of £22m. The tender offers a 15 per …
John Oates, 23 Jun 2010
globalisation

Sage Pay says sorry for upgrade shambles

Sage Pay has apologised for an upgrade of its systems that left many of its 32,000 customers in the UK and Ireland unable to process transactions on Monday. The problems, which rendered the payment processor's core system intermittently unavailable on Monday and continued to produce complaints on Tuesday, have been resolved, …
John Leyden, 27 Oct 2010
channel

Sage Pay prevents punters blowing Xmas wad

Sage Pay has apologised for a four hour outage yesterday that left online merchants with no way to process payments for Christmas orders. Simon Black, managing director of Sage Pay, said: "I deeply regret the impact that we've had on your business, at what is the worst possible time for our systems to fail." The length of the …
John Oates, 07 Dec 2010
cloud

Sage moves into cloud with online SMB accounting package

Business software company Sage launched a new web-based accounting product today targeted at individuals and SMBs. The Newcastle-based FTSE 100-listed firm developed the software, which was built on the Ruby-on-Rails open source web application framework, as part of Sage's effort to focus on what its North European boss Paul …
Kelly Fiveash, 18 Jan 2011
channel

Coffers swell as Sage squeezes more juice from flat revenue

Shares in small biz accountancy provider Sage are up over four per cent this morning after the company announced a return to growth. Sage said revenues were flat compared to last year but profits were up 20 per cent. For the full year Sage made £1,435m compared to £1,439.3m in 2009; this is effectively unchanged once currency …
John Oates, 01 Dec 2010
channel

Sage confirms Walker's departure

Paul Walker, chief executive of Sage Group, is leaving the company after 26 years, 16 of them in the top spot. In a statement this morning Sage confirmed Walker would be leaving "in due course". But first he will work with the board to find a replacement and "ensure a seamless transition". The accountancy software provider has …
John Oates, 19 Apr 2010
hands waving dollar bills in the air

Sage expects to fall into line after improved Q3 growth

UK-based software maker Sage reported this morning “improving organic growth trends” in its third quarter, and said that its full-year results would be in line with market expectations. The company’s CEO Paul Walker said Sage’s second half of the year looked set to follow on from the good performance it had put in during its …
Kelly Fiveash, 28 Jul 2010
homeless man with sign

Sage Pay upgrade glitch forced poor password picks

Payment provider Sage Pay is investigating a weekend upgrade that resulted in a minority of users being obliged to adopt a less secure password that only contained alphanumeric digits. The issue was brought to our attention by a number of Reg readers who told us the upgrade "knocked off users who use special characters in their …
John Leyden, 26 Oct 2010
For Sale sign detail

Administrators called in at titsup Sage reseller

The fate of Sage reseller BDE Group has been confirmed by the appointment of administrators. Neil Mather and Mark Fry at Begbies Traynor were appointed joint administrators on Tuesday, CRN reports. We reported yesterday how the firm's 100 staff feared the worst when they were sent home without pay last week. That came after …
globalisation

Sage banks on 'pent-up demand' for salvation

Geordie accountancy software seller Sage believes pent-up demand among its customers means it will be in for a sales bean-feast when the market recovers. In the first half of the year Sage said its cost-cutting measures had led to a strong increase in profitability. Dividends per share went up three per cent to 2.58p. Revenue …
John Oates, 05 May 2010
Sage

Sage joins the PCA

Sage is joining the Professional Computing Association in a show of love for the channel lobby group's stance against software piracy. Sage goodies may be coming down the line for PCA members, if comments from Sarah Mckenzie, Sage software licensing manager are anything to go by - "We hope that our membership of the PCA will …
Team Register, 29 Jul 2008
homeless man with sign

Sage workers braced for job cuts

More job losses are predicted at Sage when the firm announces its financial results tomorrow. Last month the accountancy software provider offered UK staff voluntary redundancy as part of a cost cutting programme. The Newcastle-based firm employs 2,200 people in the UK and 14,000 in total worldwide. The Sunday Times predicted …
John Oates, 05 May 2009
channel

Sage strikes subdued note in near term forecast

Sage software issued a subdued forecast this morning, as it unveiled full year results which showed underlying revenues slipped 4 per cent in the year to September 30. The accounting software firm turned in revenues of £1.44bn for the year, up 11 per cent on the year. Pretax profits were £267.4m, also up 11 per cent. However, …
Joe Fay, 02 Dec 2009
channel

Sage struggles in subdued market

Software specialist for small and medium businesses Sage said the weak pound had helped offset a subdued market for its products. For the three months ended 31 December 2008 trading was in line with expectations. Sage chief executive Paul Walker said: “We are pleased to report that, despite volatile conditions in many of our …
John Oates, 04 Feb 2009
For Sale sign detail

Sage numbers buoyed by falling pound

Small business software specialist Sage saw falling sales balanced out by currency movements over the last six months. Total revenues for the six months ended 31 March 2009 were up 17 per cent to £748.4m, although stripping out currency movements resulted in a 3 per cent fall. Pre-tax profit was £139.2m, up 14 per cent, or down …
John Oates, 06 May 2009

Look out: The Far Eastern white-box boys are coming for EVERYONE

Far Eastern whitebox builders - the ones that have been eating into the market share of the branded server vendors they both build for and compete against - are set to move into new tech and customer segments. The Original Design Manufacturers, the likes of Wistron and Compal Electronics, are delivering vast orders of custom …
Paul Kunert, 03 Sep 2014
Sage

Sage settles on US head

Sage, the finance and small business software provider, has appointed a new boss for its US business. Sue Swenson has 20 years telecoms experience, including time with Pacific Bell and T-Mobile. She was chief executive of Cellular One - the mobile joint venture set up by Vodafone Airtouch and AT&T Wireless. Sage's board of …
John Oates, 18 Mar 2008
Sage

Sage annexes construction software firm

Biz management software provider Sage Group PLC has bought construction software company Tekton Group Ltd for £21m. The cash-only deal is the latest in a series of buy-outs made by Newcastle-based Sage, the only British software firm listed on the FTSE 100. Tekton provides specialist construction software, implementation and …
Kelly Fiveash, 31 Mar 2008
cloud

Sage payment processor goes titsup - again

SagePay has been hit by what appears to be yet another spectacular outage, only three months on since the payment processor, which serves 25,000 firms in the UK and Ireland, collapsed for 24 hours on 8 September. Customers have contacted The Register to complain about SagePay's latest unscheduled lie-down. The service, which …
Kelly Fiveash, 11 Dec 2009
arrow pointing up

Sage reseller goes titsup?

BDE International Ltd lost its reseller partner status with software giant Sage on 15 May, and told around 100 staff to go home just three days later, The Register has learned. Amid the turmoil, the company’s non-executive director Bruce Fraser quit BDE International Ltd - which trades as BDE Group - on 16 May, according to …
Kelly Fiveash, 27 May 2009
Sage

Sage brushes off credit crunch

Sage told the London Stock Exchange this morning that it expects to hit targets for the year but remains cautious of the impact of the credit crunch on its business. The accountancy and management software specialist expects to hit targets for the full year ending 30 September. Sage's business in the US, except for its …
John Oates, 04 Aug 2008
graph up

Sage makes British buy

Accountancy and small business specialist Sage has bought UK firm Snowdrop Systems Limited. Sage is paying £17m in cash for the company which made sales of £7.5m in the year ended December 2006. Snowdrop has headquarters in Witney, Oxfordshire as well as offices in Australia, Barcelona, and Glasgow. Snowdrop makes systems …
John Oates, 08 May 2007
For Sale sign detail

Sage waves voluntary redundo plan at staff

Software maker Sage is asking its UK staff to consider taking voluntary redundancy in a move to cut costs at the company. “The changing market we're in means that it is more important than ever to look at the costs we incur as a business and how we can become even more effective in the way we work,” said Sage UK and Ireland …
Kelly Fiveash, 15 Apr 2009
big droplets falling from rain cloud

DON'T BOTHER migrating legacy apps to the cloud, says CTO

The president of the Open Data Centre Alliance has given sage advice to CIOs contemplating how they migrate their legacy platforms into the cloud: forget it and just dump your old code. But Correy Voo, whose day job is as infrastructure CTO at UBS, added this was likely a temporary dilemma as the coming wave of tech bosses, who’ …
Joe Fay, 27 Jun 2014
Sage

Sage sees flat US market

Sage Group today reported a nine per cent rise in its first half pre-tax profit, boosted by a solid performance in Europe and the UK. The business management software firm posted pre-tax profit for the six months ended 31 March of £122.6m – up from £108.6m in H1 2007 – on revenues of £640.4m, compared with £574.7m for the same …
Kelly Fiveash, 08 May 2008
Sage

Sage update fails to convince the markets

UK accountancy software firm Sage has failed to convince the stock markets that all is well despite issuing a statement saying that it expects results for the half year ended 31 March 2008 to be in line with expectations. Sage shares are down three per cent at the time of writing in a market which is down one per cent. It is not …
John Oates, 14 Apr 2008
Sage

Sage gets upclose to personnel with KCS buy

Acquisition-happy accounts software firm Sage has gobbled up UK-based finance and HR software supplier KCS Global Holdings for £20m. The cash-only deal is the latest in a series of buy-outs made by Newcastle-based Sage, which is the only British software firm listed on the FTSE 100. The firm said that by combining the KCS …
Kelly Fiveash, 29 Oct 2007
Sage

Sage goes after the little people

Acquisition-happy payroll software maker Sage (UK) has moved into the HR biz with the launch of a new system aimed at SMBs. The software, which is available now, can be used by firms to manage, update, access and analyse employee details and has a starting price tag of £250. The company said Sage 50 HR 2007 can be integrated …
Kelly Fiveash, 04 Sep 2007
channel

Microsoft smothers Sage and Intuit challenger

Microsoft's Office Accounting software, used to challenge Sage and Intuit, has become the latest victim of corporate cuts. The package will no longer be distributed after November 16, Microsoft said Friday. Versions of the product affected are the Express, Standard, Professional, Professional Plus, three-user and Small Business …
Gavin Clarke, 30 Oct 2009
Sage

Sage names new chair

Software vendor Sage has appointed Tony Hobson as its new chairman. The UK-based business management software firm had been looking to fill the chair, which was left vacant by Sir Julian Horn-Smith who unexpectedly quit the post last month citing irreconcilable differences. Hobson, who is also chairman of Northern Foods plc …
Kelly Fiveash, 25 May 2007
Pacman

Sage takes lion's share of XRT

Sage, the UK-based biz management software maker, has acquired a majority stake in French firm XRT. The cash-only deal will see Sage buy £30m shares, or €1.67 per share, the transaction should close within a few days. Sage said that, following the deal, it will put in an offer to acquire the remaining 30 per cent from XRT's …
Kelly Fiveash, 12 Sep 2007

Opinion

Tim Worstall

Or why the reversal of globalisation ain't gonna 'appen
The full Spanglish breakfast: mealy pudding, bacon, black pudding, sausages, fried egg, toast
Blood image

Trevor Pott

Can the storage giant overcome a lack of necessary leadership?

Chris Mellor

Why overlapping kit from a merger equals a disaster in waiting

Features

No, silly... he was the fall guy for years of Finnish folly
Fraud image
Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that