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Cloud Services Fintech Middle East & Africa

Sage Moves Further Into SADC by Launching in Namibia, Botswana and Mauritius

Following its successful launch in South Africa a little over two years ago, Sage has now brought its cloud financial management platform to Namibia, Botswana and Mauritius.

The launch of Sage Intacct in these three nations seeks to provide finance teams with access to the insights and automation necessary to lead a business into digitalisation.

What does the platform provide?

Designed for CFOs and finance professionals, Sage Intacct works to automate accounting and financial operations.

The cloud-based platform integrates with third-party applications through the use of open APIs, supporting a modular approach to the total cost of ownership.

According to the company’s latest statement, the solution has enhanced its customers’ productivity by ’65 per cent’, while reportedly achieving a ‘250 per cent ROI’; backed by positive product scores in the Gartner report.

Regional expansion

Following the acquisition of Intacct by Sage in 2017, the company announced it would make the solution available to customers in new markets as part of its business cloud, with local statutory and legislative requirements available as standard.

The company developed its presence in the Southern African Development Community (SADC) with its South Africa launch two years ago.

Now CFOs in neighbouring Namibia and Botswana, and on the island of Mauritius, will also be able to access the company’s financial management tools.

Gerhard Hartman, vice president, medium business, Sage Africa and the Middle East
Gerhard Hartman, vice president, medium business, Sage Africa and the Middle East

“Our expansion….demonstrates our commitment to the regions, by…adding value to their businesses,” comments Gerhard Hartman, VP of medium business for Sage MEA.

The solution’s expansion is a reaction to the changing responsibilities of today’s CFO and finance professionals, as highlighted by the company’s report.

According to its findings, beyond increasing sales and revenue, upgrading software and technology solutions to drive digitalisation remains a top priority for CFOs, while three-quarters report that their responsibility for digital transformation has increased in the last year alone.

“Today’s CFOs and finance professionals must blend attributes that allow them to engage in cross-functional decision making, operate with purpose, and future-proof their organisations,” continues Hartman.

“These executives play a multifaceted role in guiding their organisations toward productivity, equity, and innovation.”

Author

  • Tyler is a fintech journalist with specific interests in online banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

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