Accounting and audit tech update: Sage for Accountants, Modus Analytics and more

Accounting and audit tech update: Sage for Accountants, Modus Analytics and more

Accountancy Age’s monthly round-up of accounting and audit tech news, including new partnerships, product launches and people moves

Accounting and audit tech update: Sage for Accountants, Modus Analytics and more

On November 24, cloud enterprise software group Sage announced the launch of its newest solution – Sage for Accountants. The group said that the solution will remove the friction from practice management by providing onboarding, connected client management and productivity tools, fully-digitised data collection, smart reporting, bookkeeping, payroll, and compliance.

“Having digital products isn’t enough – accountants need truly digitised tools and connected, frictionless experiences,” said Neal Watkins, EVP, small business segment, Sage.

Pixie, a provider of practice management and workflow automation solutions for small accounting and bookkeeping firms, has raised £2.2m in a seed funding round. Led by Triple Point Ventures and announced on November 18, the fresh investment will be used to expand the team and continue the development of integration and workflow automation features.

On November 8, data analytics specialist Modus launched a white-label service for accountancy firms that will enable them to offer a data analytics service to their clients. Modus intends that the service will allow firms to establish their own data analytics department, delivering an additional revenue line.

Finally, on November 22, Amsterdam-based blockchain technology software company mintBlue announced that it has been selected by VISMA | yuki, a Europe-based provider of cloud accounting software solutions, to integrate blockchain-based functionalities into its cloud accounting platform. VISMA | yuki customers can now make use of blockchain-based functionalities to improve efficiency and eliminate vectors for financial malpractice.

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

10m

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

1y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

9m

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

9m

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource