New Sage Copilot: Driving Efficiency & Growth for SMBs and Accountants with Generative AI
27 Febrero 2024 - 2:30PM
UK Regulatory
ATLANTA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Sage,
the leader in accounting, financial, HR and payroll technology for
small and mid-sized businesses (SMBs), today announces the
introduction of its new generative AI-powered productivity
assistant, set to revolutionize accounting, finance and people
management processes, and empowering customers to make smarter
business decisions.
For small business owners, CFOs, accountants, and HR leaders,
Sage Copilot will act as a trusted member of their team, handling
administrative and repetitive tasks in ‘real time’, whilst
recommending ways to make savings and drive business improvements.
It will create more time and space for customers to focus on
growing and scaling their businesses.
The AI-powered assistant automates workflows, identifies errors
and generates actionable insights unique to each business and
accountant’s practice. Sage Copilot helps with forecasting,
cashflow management and generating and sending invoices with
simple, natural language commands. Users can be confident knowing
that in the development of Sage Copilot accuracy, security, expert
support and trust have been prioritized every step of the way, with
robust encryption, access controls, and compliance with data
protection regulations.
Sage CEO, Steve Hare said: “Sage Copilot
revolutionizes small and mid-sized businesses and accountant
productivity by bringing trusted AI into the heart of their
operations—automating tasks and providing insights to fuel growth
and efficiency. It's not just an AI feature; it's a commitment to
building a future where businesses can focus on their goals,
supported by AI they can trust from Sage.”
SMBs around the world cite cashflow and getting paid as their
top priorities. Sage Copilot will provide users with proactive
options to improve cash flow; these include suggestions to
accelerate customer payments, enhance working capital and support
smarter financial decisions.
Some Other Key Features of Sage Copilot will
include:
Intelligent understanding: Uses natural
language to interpret commands conversationally, customizing
responses to each user’s specific situation for a more tailored
experience.
- Task management and
automation: Simplifies organizing tasks with personalized
lists, prioritizing them based on urgency, and automating
repetitive tasks, saving time and effort.
- Communication and
collaboration: Helps prepare and send messages with the
right tone and timing, sending personalized customer invoices or
employee reminders in seconds rather than hours.
- Data Analysis, Reporting,
and Insights: Provides insights and custom reports to
support decision-making, including quick cash flow analysis and
recommendations for financial improvements.
- Integration with other
apps: Integrates with other apps and services, such as
Microsoft Office, creating a seamless workflow for users. Sends
email invoices without having to leave the window you’re in.
- Personalized
recommendations: By learning from user interactions and
preferences, Sage Copilot offers advice to help improve budgeting
and financial planning and deliver better financial
outcomes.
For accountants, Sage Copilot will revolutionize collaboration
and communication with clients. By automating the data collection
and aggregation process, it will significantly reduce the time and
effort spent on these manual tasks, while also minimizing errors
that might occur.
Caroline Armstrong, Director at Infinitas Accountants
said: “I have seen what Sage has been building and it is
exciting to know that it won’t just be SMBs who will be able to get
ahead in their businesses with Sage Copilot. The use of Sage
Copilot will elevate my role as a strategic partner even further,
allowing me and our firm to support our clients' financial success
more accurately and confidently.”
Notes to Editors
Availability: Sage Copilot will be available in
the UK later in 2024 as part of Sage for Small Business and Sage
for Accountants suites. Sage customers interested in early
exclusive access are encouraged to register
here.
Demo: To see Sage Copilot in action, visit our
product page here.
Sage’s Technology & Innovation Vision:
Sage’s technology and innovation vision is to enable SMBs and
Accountants to have even more impact on their organisations, by
transforming accounting from a profession limited by cycles, to one
that adds continuous strategic value.
To learn more about our vision hear from our Chief Technology
Officer, hear from our Chief Technology Officer, Aaron
Harris.
Media contact:
Ally Edge
Sage
ally.edge@sage.com
AxiCom
SAGEUSTEAM@axicom.com
About Sage
Sage 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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