TechnologyAccounting SoftwareSage lose Mint Velvet to Pegasus software

Sage lose Mint Velvet to Pegasus software

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

Related Articles

Navigating the changing landscape of UK business at Sage Summit UK

Accounting Software Navigating the changing landscape of UK business at Sage Summit UK

9m Emma Smith, Managing Editor
Sage hit by client data breach

Accounting Software Sage hit by client data breach

1y Richard Crump, Writer
Sage launches refreshed iOS app for small businesses

Accounting Software Sage launches refreshed iOS app for small businesses

2y Fraser Simpson, Reporter
Four things we learned at Accountex 2016

Accounting Software Four things we learned at Accountex 2016

2y Fraser Simpson, Reporter
Strong revenues for Xero as it pins down UK market

Accounting Software Strong revenues for Xero as it pins down UK market

2y Fraser Simpson, Reporter
Accountex: Making tax digital and the power of cloud

Accounting Software Accountex: Making tax digital and the power of cloud

2y Fraser Simpson, Reporter
Accountex: Real-time data analytics and AI changing way firms use software

Accounting Software Accountex: Real-time data analytics and AI changing way firms use software

2y Richard Crump, Writer
Video: Sage VP Jennifer Warawa on keeping pace with cloud players

Accounting Software Video: Sage VP Jennifer Warawa on keeping pace with cloud players

2y Fraser Simpson, Reporter