Sage

Sage is a British multinational software company that offers accounting, payroll and human resource management solutions for businesses. Read more

12,664 Followers on Owler
12,664 Followers on Owler
12,664 Followers on Owler
12,664 Followers on Owler

Sage

Sage is a British multinational software company that offers accounting, payroll and human resource management solutions for businesses. Read more

Steve Hare's photo - CEO of Sage

CEO

Steve Hare

CEO Approval Rating

67/100

Founded:

1981

Status:

PublicIndependent CompanyLondon Stock ExchangeSGE

SAGE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Xero is a top competitor of Sage. Xero is a Public company that was founded in 2006 in Te Aro, Wellington Region. Xero operates in the Application Software industry. Compared to Sage, Xero has 9,451 fewer employees.

Unit4 is seen as one of Sage's biggest rivals. Unit4 was founded in 1980, and is headquartered in Sliedrecht, Other. Unit4 is in the Internet Software industry. Unit4 generates $1.7B less revenue vs. Sage.

Advanced is seen as one of Sage's top competitors. Advanced was founded in Berkshire, England} in 2008. Advanced competes in the Internet Software industry. Compared to Sage, Advanced generates $2B less revenue.

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Sage Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.3B

Sage's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 885.6M. Over the last three quarters, Sage's revenue has grown by 17.3%. Specifically, in Q4 2020's revenue was $606.9M; in Q3 2020, it was $1.4B; in Q2 2020, it was $517.5M.

Sage Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
TaskSheriff Inc.

Mar 2021

Source »
undisclosed
TaskSheriff is an Israel-based accounting platform that provides invoice processing and financial process automation services for businesses.
HR Bakery Limited

Nov 2019

Source »
undisclosed
CakeHR develops a cloud-based platform that provides HR management solutions for businesses.
AutoEntry

Sep 2019

Source »
undisclosed
AutoEntry develops a web-based accounting platform that provides payroll, invoice and receipts management solutions for IT and retail sectors.
Intacct Corporation

Jul 2017

Source »
$850M
Sage Intacct is a cloud based Enterprise Resource Planning software that delivers financial management and business accounting solutions.
Startup Compass, Inc.

Mar 2017

Source »
undisclosed
Compass is a business intelligence platform that offers automated data insights solutions including sales metrics and performance benchmarks.

These are all the companies that Sage has acquired. Sage has acquired 8 companies and its latest acquisition was TaskSheriff Inc. in Mar 2021. TaskSheriff is an Israel-based accounting platform that provides invoice processing and financial process automation services for businesses.

Sage Funding History

Since Sage was founded in 1981, it has participated in 3 rounds of funding. In total Sage has raised $6.0M. Sage's last funding round was on Dec 2019 for a total of $92.7K

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Dec 2019
$92.7K
-
Equity
Aug 2017
$917.3K
-
Unattributed
Dec 2016
$5M
-

Since Sage was founded in 1981, it has participated in 3 rounds of funding. In total Sage has raised $6.0M. Sage's last funding round was on Dec 2019 for a total of $92.7K

Sage Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Counting is a SaaS-based fintech company that provides bookkeeping, tax administration and payment processing solutions for businesses.
$12.7M
Mar 03, 2021
Series A
-
Brightpearl is a cloud-based platform that offers inventory management, CRM, accounting and reporting solutions for retailers and wholesalers.
$33M
Dec 23, 2020
Series C
-
Fairsail is a cloud-based human resource platform that provides payroll, employee benefits and attendance management solutions for enterprises.
$14.5M
May 04, 2016
Equity
Mar 01, 2017

These are all the companies that Sage has invested in. Sage has invested 8 companies and its latest investment was TaskSheriff Inc. in Mar 2021. TaskSheriff is an Israel-based accounting platform that provides invoice processing and financial process automation services for businesses.

Sage News

April 28, 2021EnterpriseTimes

Sage opens up new peer to peer CX platform

Sage has announced the launch of a new peer-to-peer customer service platform. The solution is built ... See more »
April 27, 2021MarketScreener

Constellation Research recognizes Sage X3 for second consecutive year

(marketscreener.com) As organizations continue to be under pressure to prioritize digitalization effo... See more »
April 23, 2021MarketScreener

UPDATE -- Nonprofit Whole Family Health Center uses Sage Intacct to boost accounting efficiency 80% and gain agility during COVID-19

(marketscreener.com) ATLANTA, April 23, 2021 -- Sage , the market leader in cloud business management... See more »
April 16, 2021MarketScreener

wins accolades for culture, company outlook and product & design in 2021 Comparably Awards

(marketscreener.com) ATLANTA, April 16, 2021 - Sage , the market leader in cloud business management ... See more »
April 15, 2021Canadian SME

Global distributors invest in digital transformation, circular economy practices and servitizationto combat challenging business climate, Sage research reveals

ATLANTA,April 15,2021:Sage (LON: SGE), the market leader in cloud business management solutions, toda... See more »
April 14, 2021Global Legal Chronicle

Sage Global Services Limited's Acquisition of Task Sheriff

Herzog Fox & Neeman advised Sage Global Services Limited on the deal. Sage Global Services Limited, a... See more »
April 14, 2021BizPlus

Sage Marketplace Has Apps For SMEs

Sage has launched a new platform for SMEs that will allow businesses access to a selection of more th... See more »

Sage Blogs

June 19, 2020Sage Blog

Moore Accountancy: ‘Supporting our clients during coronavirus has been really important’

In our Your Story series, we speak to business owners about the challenges they’re facing and the ste... See more »
June 17, 2020Sage Blog

Project financial management: 6 best practice tips to follow

Project financial management is critically important for your business. Follow these six best practic... See more »
June 12, 2020Sage Blog

Coronavirus: 5 important things manufacturers need to focus on now

The manufacturing sector is back in action. But after what has been a significant financial hit for m... See more »
June 11, 2020Sage Blog

AO.com: ‘Supply chain tech is essential to cope with coronavirus challenges’

In our Your Story series, we speak to business owners about the challenges they’re facing and t... See more »
June 10, 2020Sage Blog

Workforce planning: How to effectively manage employee shift patterns

The ability to predict the future would be the holy grail for any business. Of course, absolute certa... See more »
June 9, 2020Sage Blog

Helping your business bounce back: Making the most of government support

Business minister Nadhim Zahawi talks about government support on offer to businesses due to coronavi... See more »
June 3, 2020Sage Blog

Inventory management: Why manufacturers need to optimise it

Poor inventory management can cost manufacturing businesses millions and wreck their reputation. Read... See more »

Sage Press Releases

March 17, 2021GlobalNewswire

Zest AI becomes ASC 606 compliant and cuts costs 60% through financial automation with Sage Intacct

Machine learning pioneer successfully pivots to SaaS financial management and adopts new accounting s... See more »
January 25, 2021centralcharts

Sage report finds businesses response to COVID-19 a catalyst for driving increased HR value

ATLANTA, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Sag e (FTSE: SGE), the market leader in cloud business man... See more »
January 13, 2021GlobeNewswire

Sage recognized as a Glassdoor Best Place to Work in 2021 and Employees' Choice Award winner

TORONTO, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Sage, the market leader for cloud business management solu... See more »
January 8, 2021GlobeNewswire

Sage wins Best Feature Set and Usability awards from TrustRadius for Sage Intacct cloud financial management system

ATLANTA, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Sage (FTSE: SGE), the market leader in cloud business mana... See more »
December 16, 2020GlobalNewswire

Sage Partner Cloud Provides Flexible Path to the Cloud for Medium Businesses

Supporting customers as they navigate the digital transformation journey Supporting customers as they... See more »
December 7, 2020GlobalNewswire

Sage and GCPay Strengthen Partnership to Help Streamline the Subcontractor Payment Process

GCPay is now part of the Sage product portfolio, providing additional payment functionality to both S... See more »
December 1, 2020Business Wire

LeaseQuery and Sage Fixed Assets Announce New Partnership to Equip Clients with Intelligent Asset Management Technology

ATLANTA--(BUSINESS WIRE)-- #accounting--LeaseQuery, a leading provider of purpose-built lease account... See more »

Sage Videos

Social Media

Sage Headquarters

Newcastle Upon Tyne North Park

North Park, EnglandNE13 9AA

Driving Directions »

Trending Companies

Sage Summary

ABOUT

Overview

The Sage Group plc (NASDAQ: SAGE) provides business management software and services to small and medium sized organizations. Headquartered in North Park, Great Britain with 12,760 employees in its offices in 24 countries, it was founded by Chad Ruff ...

CEO

Sage's CEO, Steve Hare, currently has an approval rating of 67%. Sage's primary competitors are Xero, Unit4 & Advanced.

Website

sage.com

Frequently Asked Questions about Sage

  1. When was Sage founded?

    Sage was founded in 1981
  2. Who is Sage's CEO?

    Sage's CEO is Steve Hare
  3. How much revenue does Sage generate?

    Sage generates $2.3B in revenue
  4. How much funding does Sage have?

    Sage has historically raised $6M in funding
  5. Where is Sage's headquarters?

    Sage's headquarters is in North Park England, GB
  1. How many employees does Sage have?

    Sage has 12,506 employees
  2. What sector does Sage operate in?

    Sage is in Systems Software, Enterprise Software, Enterprise Resource Planning (ERP)
  3. Who are Sage's competitors?

    Sage's top competitors are Xero, Unit4, Advanced
  4. Who has Sage invested in?

    Sage's has invested in companies such as Countingup, Brightpearl, Fairsail