Sage lose Mint Velvet to Pegasus software
Fashion retailer Mint Velvet implements accounting software Pegasus, upgrading from Sage
Fashion retailer Mint Velvet implements accounting software Pegasus, upgrading from Sage
Fashion retailer Mint Velvet has signed up to Pegasus, the accountancy and
business technology company, dropping its former supplier Sage.
A statement from the fashion retailer said Sage “wasn’t scalable” and
couldn’t support its rapid business growth.
“We needed an accounting system which would allow us to access the right
information, in the right format, at the right time, at the click of a mouse,”
said Julie Webster, finance manager at Mint Velvet.
“Our previous system wasn’t sustainable as we had to spend almost a week each
month manually trawling through data to create the combined P&L month end
report,” she added.
Mint Velvet opened boutiques in 40 locations, including department stores
such as House of Fraser, John Lewis and Fenwick, over the last 12 months.
Further reading:
Kashflow
targets accounting practices with new launch
Sage
debt reduced by £25m in three months
Pegasus
offers discount to scrap rival software
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