- Sage FY 2017 Financial Results
- Recent Product Releases
- Top 100 Sage Partner Merger
- Former Epicor Director Joins Sage Partner
Sage Group Full Year 2017 Financial Results
Financial Highlights Include:
- Organic revenue growth of 6.6%
- Organic operating margin of 28.0%
- Software subscription revenue growth of 30.3% which now represents 37% of total revenue
- Reduction of general and administrative expense as a proportion of revenue 13.8% (versus FY16 at 17.4%)
Significant focus has been placed on the successful integration of the acquired businesses with strong continuing momentum:
- Sage Intacct has surpassed $100m ARR and continues to grow in excess of 30%
- Sage People had a record Q4 with the highest ever contract signed at over £300k
- Sage Compass users have increased by 65% since acquisition
Overall, the results show that Sage customers are embracing the cloud applications in a thriving product portfolio, and the company remains excited and confident about the opportunity that lies ahead to continue growing the business for the mutual benefit of the company and its customers.
Recent Sage Product Releases (2018)
Sage 100 Version 2018
This newest version of the software includes enhancements for Job Cost, warehouse management, bar coding, and a new spell check feature for comments, memos and messages that print on forms. In addition, the long-anticipated Payroll 2.0 is now available.
Sage 100 2018 Details ...
Sage 300 Version 2018
2018 features a collection of usability enhancements along with a brand new version of the desktop and modernization of screens and technology throughout the product.
Sage 300 2018 Details ...
Sage 300 Construction & Real Estate 17.1
One of the most significant new releases in a long time as it represents the first major milestone in the re-architecture of Sage 300 Construction which will play out over the next several years.
Sage 300 Construction 17.1 ...
RKL eSolutions Merges In Arxis Technology
Joe Noll, President at RKL eSolutions, says, “We knew we needed a proven solution to offer organizations in entertainment, professional services, nonprofit, and SaaS industries. To us, this merger builds on the investment we made in September when we added Sage Intacct to our practice. Adding the collective experience from Arxis will accelerate our ability to help organizations transform accounting and financials in the cloud. I’m looking forward to great success ahead for us and our clients.”
“The combined potential of RKL + Arxis is amazing. We share the same core values and commitment to customer success,” said David Cieslak, CPA.CITP and Arxis Principal. “Together, we’re better positioned than ever to assist in the success of growing mid-market customers and I can’t wait to be part of it!”
Epicor Channel Director Joins Sage Partner BCS ProSoft
San Antonio-based Sage Partner, BCS ProSoft, has hired Epicor channel executive, Sally Craig, as its Vice President of Sales & Marketing. In her new role, Craig will be tasked with guiding the sales, marketing and account management efforts for BCS ProSoft’s NetSuite, Deltek and Sage ERP practices.
Craig has distinguished herself with over 30 years of success, leadership and commendation in the ERP software space. She most recently served as Senior Director of Channel Sales for Epicor, where she focused on accelerating on-premise and cloud revenue growth strategy for the Americas.
"We’re incredibly excited to have Sally join our team," said BCS ProSoft President William Vespe. "We’re fortunate to have someone of her caliber to take our sales and marketing department to the next level."