B2B Payments

Sage’s Latest Partner Offers Global Reach


SME accounting firm Sage, based in the U.K., has just announced a new U.S. partner. Reports late last week said Sage is teaming up with Boston-based tCognition, which provides ERP systems.

Their collaboration will see tCognition deploy Sage small business accounting, payroll and payment solutions to its customers in North America. But according to reports, tCognition, which also operates across the Middle East and South Asia, is likely to expand the partnership to offer Sage to its corporate customers worldwide.

“We are very excited to become the latest Sage partner and we think it is a natural fit,” said tCognition founder and CEO Manoj Shinde in a statement. “Our development capabilities will be hard to oversell, and we can’t wait to start digging in and creating integrations and other custom applications with our upcoming implementations.”

Reports said tCognition’s client base is mostly in the small- and medium-size realm.

Sage has relied heavily on corporate partnerships to strengthen its market share. Earlier this year it struck one of its most high-profile collaborations yet, reaching a deal with Apple that saw the rollout of the new Sage Live solution available exclusively to iOS devices.

The company, which provides cloud-based accounting solutions, has helped to fuel the debate over whether automated small business financial software is forcing human accountants out of their jobs. According to the Wall Street Journal, corporate finance departments experienced a steady decline in staff levels, overall seeing a reduction of about 40 percent, analysts said.



B2B APIs aren’t just for large enterprises anymore — middle-market firms and SMBs now realize their potential for enabling low-cost access to real-time payments and account data. But those capabilities are only the tip of the API iceberg, says HSBC global head of liquidity and cash management Diane Reyes. In this month’s B2B API Tracker, Reyes explains how the next wave of banking APIs could fight payments fraud and proactively alert middle-market treasurers to investment opportunities.

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