PARIS, January 12, 2012 /PRNewswire/ --
- New European Framework Agreement focused on Sage ERP X3 and
mid-market companies
The Sage Group plc and BNP Paribas Leasing Solutions have signed
a European Framework Agreement which will support Sage's business
development by offering flexible financing solutions to customers
of its operating companies (OpCos) and resellers. The agreement
will be focused on Sage ERP X3 primarily, Sage's global ERP
solution for the mid-market. BNP Paribas Leasing Solutions will
collaborate with Sage across the entire Sage ERP X3 ecosystem by
offering rental solutions covering the Total Cost of Ownership
(TCO) i.e. not only software, but also associated services and the
acquisition of hardware if relevant.
This financing solution enables medium-sized companies to
preserve their cash flow while still making crucial investments and
capital purchases, helping them improve business performance. It
will also enable companies to start their contracts only when the
software is set up and operational. Companies will be able to
adjust their contract throughout its life in order to benefit from
Sage ERP X3 upgrades, or the addition of new services or
hardware.
BNP Paribas Leasing Solutions has already signed local financing
agreements with Sage in four countries (France, Italy, Portugal and Spain). The cooperation in these countries is
very promising and around 50 financing contracts have already been
signed.
Christophe Letellier, CEO of Sage
ERP X3 commented, "We expect this new Agreement with BNP Paribas
Leasing Solutions and its simple and flexible financing to really
help medium companies in the challenging economic environment we
are in. As a partner of these companies, we want to do all we can
to assist them in increasing their productivity and efficiency.
Working with BNP Paribas Leasing Solutions we aim to provide a
framework to encourage business growth."
Richard Gendreau, Head of
Partnerships at the International Business Line Technology
Solutions of BNP Paribas Leasing Solutions added, "We are committed
and proud to support innovative and cutting edge companies like
Sage. Following a longstanding and fruitful cooperation in
France, which stressed how the
combination of the mid-market product offerings of our two groups
bring additional business to both partners, we now aim at extending
our cooperation throughout Europe.
This agreement also consolidates BNP Paribas Leasing Solutions'
position as the main financing player in the European software
market."
BNP Paribas Leasing Solutions will also support Sage by
organizing training sessions dedicated to Sage's salespeople,
providing them with support and expertise for complex client
requests.
Notes to Editors
About The Sage Group plc
Sage is a leading global supplier of business management
software and services for small and midsized businesses. The
Sage Group plc, formed in 1981, was floated on the London Stock
Exchange in 1989 and now employs more than 12,300 people and
supports more than 6 million customers worldwide. For further
information please visit http://www.sage.com.
About Sage ERP X3
Sage ERP X3 is a dedicated solution for mid-market and larger
companies with international demands enables its clients to
transform and perform through technologies. Over 3,300 customers
representing 180,000 users worldwide have already chosen Sage ERP
X3 because it is easy to use, fast to deploy and cost effective.
For over 10 years Sage ERP X3 has been a proven and comprehensive
ERP solution addressing mid-market company's specific requirements
and challenges in various industries from manufacturing, to
services to distribution and many more. Sage ERP X3 has presence in
55 countries and counts a network of more than 1,500 Sage
professionals and 220 resellers in its ecosystem.
BNP Paribas Leasing Solutions, far more than
finance…
Within BNP Paribas, BNP Paribas Leasing Solutions is specialised
in leasing and rental solutions for professional equipment and in
real estate assets, offered either directly to businesses and
professionals or through its partners - manufacturers, software
vendors and their distribution channels (dealers and
resellers).
With more than €31.2 billion of outstandings under management
and 3,600 employees located worldwide, BNP Paribas Leasing
Solutions is the European leader in equipment leasing and is today
the only financial institution with such a wide-ranging offer,
extending from simple leasing arrangements to long term rental
solutions and IT asset management contracts.
Thanks to its both global and local dimension, BNP Paribas
Leasing Solutions is able to offer services and solutions that
create value in 22 countries worldwide: directly in Austria, Belgium, China, France, Germany, Hungary, India (Financial Company with SREI),
Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Spain, Turkey, United
Kingdom; through BNP Paribas Group entities in Algeria (El Djazaïr), Egypt (BNP Paribas Egypt), Morocco (BMCI Leasing), Tunisia (UBCI Leasing), Ukraine (UkrSibbank) and USA (Bank of the West).
