Unfortunately it has not been able to call itself Sage. Instead the company has pulled its US operation – which has been created through a series of acquisitions – under the name Best Software.
This, according to a press release issued by the company yesterday, will enable Best Software to go ‘head-to-head with such companies as Microsoft and Intuit’.
Microsoft, especially, has recognised the market Sage operates in as extremely fruitful. Through its acquisitions of Navision and Great Plains Software Microsoft now poses a significant threat to Sage.
The US operations of Sage account for almost half of the companies annual sales.
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia