Sage has unveiled a new accounting software package aimed at SMEs. The product, Sage 200 Standard Online, is an online accounting system for businesses that provides enhanced control, scalability and support.

Complementing the new software, Sage is also planning to roll out a service called Sage Live, a real-time cloud accounting tool again aimed at SMEs.

Developed in partnership with Salesforce and integrated into the Salesforce1 cloud platform, Sage Live will provide businesses with immediate access to the full range of their accounting information, all in real-time and within a single interface.

The Sage 200 Standard Online software will be made available via subscriptions supported and sold directly from Sage. The software also utilises an app, with Sage Live being the full cloud solution. Sage said that both products can connect with thousands of other apps.

According to Lee Perkins, MD of Sage UK and Ireland: “If you can’t form an instant understanding of your business accounts and other financial information, you’re clearly at a distinct disadvantage compared to competitors who do have that data.

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“In the past, it’s only been the big enterprises who could afford the complex software and infrastructure to deliver this cross-corporation, real-time insight.