Sage delivers deeper Subscription Billing for customers in newest release of Sage Intacct
Sage (FTSE: SGE), the leader in accounting, financial, HR, and
payroll technology for small and mid-sized businesses (SMBs), today
announced the availability of Sage Intacct 2022 Release 2. Building
on its leading subscription billing solution for SMBs, Release 2
adds support for evergreen subscriptions.
Evergreen Subscriptions In today's competitive
market, many SaaS and subscription businesses grow by offering a
variety of billing models to meet varying customer
needs. As businesses grow their blended subscription
models, SMBs have long struggled to reconcile customer needs with
the challenges this causes the back office.
With Release 2, Sage Intacct supports customers in SaaS
businesses to easily bill auto-renewing subscriptions, report, and
forecast billing and revenue. Sage Intacct now handles 300+
product-led growth, usage, evergreen, enterprise, and hybrid
billing models as part of its solution, making it the only
accounting vendor to support hybrid subscription models, supporting
- With Sage Intacct, businesses can manage billing and revenues
in perpetuity, including all future up-selling and down-selling,
cancellations, and recurring billing cycles.
- Eliminate the need to manually aggregate, integrate, and
reconcile subscriptions with third-party solutions.
- Navigate the complexity of hybrid models, accurately predict
consumption, and roll out new pricing models with minimal impact to
accounting and revenue operations.
- Gain a consolidated view of financials, billing, revenue, cash,
and SaaS metrics across billing models and cohorts, including
historical, current, and forecasts.
“Our core mission is to help our customers be successful in the
industry in which they operate,” said Daniel Oh, Country Manager
(interim), Sage Canada. “The enhancements we have announced in this
release will provide SaaS and subscription businesses with an
automated solution to manage their subscription billing, removing
complexity and helping them focus on what matters most – delivering
excellent customer service.”Availability
Evergreen Subscription Contracts is generally available in all
DanielSagemonique.firstname.lastname@example.org (905) 781-0758
About SageSage exists to knock down barriers so
everyone can thrive, starting with the millions of small and
mid-sized businesses served by us, our partners, and accountants.
Customers trust our finance, HR, and payroll software to make work
and money flow. By digitizing business processes and relationships
with customers, suppliers, employees, banks, and governments, our
digital network connects SMBs, removing friction and delivering
insights. Knocking down barriers also means we use our time,
technology, and experience to tackle digital inequality, economic
inequality, and the climate crisis.
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