Sage 50 is a well-established finance package for smaller businesses, but it needs some help when used in a growing company that requires the management of departmental expenditure beyond the finance team.
Going beyond simple bookkeeping and introducing the requirement to send supplier invoices out for departmental approval introduces time-consuming manual tasks for staff.
However, this does not mean that you need to abandon your legacy Sage 50 system to be efficient and in control, thanks to recent technological advances.
Agilico, a workplace technology company well known for its document management, accounts payable, purchasing and automation solutions, has now launched their latest cloud-based invoice-processing product, Verify.
Verify integrates directly with Sage 50, providing automated supplier invoice processing. Data capture software replaces data entry, and the routing of invoices for coding and approval is automated. Once approved, invoices are posted directly to Sage 50 with a visible audit trail.
This allows business owners and finance directors to step back from transaction processing and approval while remaining firmly in control. Business owners and finance directors can instead spend their time uncovering financial insights that help their business be more profitable and generate more cash.
Laura Coote, Operations Manager at Tube UK Limited, one of the 10 beta customers who tested the software in 2019, said this of the software:
"Verify has given our accounts system a much more streamlined and efficient process, the system is very user friendly and is constantly being updated to tailor to the end user’s needs."