JOHANNESBURG – June 9, 2021 – Sage (FTSE: SGE), the market leader in cloud business management solutions, today announced that Gartner has recognized Sage Intacct in a new Critical Capabilities report. Sage Intacct received the highest product score (4.58 out of five) in the Core Financials for Lower Midsize Enterprises Use Case in the 2021 Gartner report Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises1. This continues a streak of five straight years Sage Intacct has scored highest for that use case.
Gartner, the world’s leading research and advisory company, defines lower midsize enterprises as organizations with annual revenue of between $50 million and $500 million. This use case focuses on organizations that have most of their operations in a single country (although they will need to support multicurrency processing and multiple legal entities). The 2021 Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises report scored products and services across five use cases.
Sage Intacct also Recognized in a 2021 Gartner Magic Quadrant
The Critical Capabilities report is a companion to the 2021 Gartner report Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises2. In that report, Sage Intacct was recognized as a Visionary by Gartner.
“Our recent study of more than 1,000 finance executives found that 80 percent believe the pandemic has accelerated their digital transformation efforts, and nearly half of organizations are prioritizing investments in technology to accelerate their growth,” said Dan Miller, Sage’s EVP of Medium Segment (interim). “We believe that our positioning in the Visionaries quadrant and our product scores in the Critical Capabilities report underscore our ability to deliver the cloud financial technology midsize enterprises need to thrive.”
Pieter Bensch, Executive Vice-President at Sage Africa & Middle East, says: “Sage research last year highlighted how the role of the South African CFO has evolved from managing compliance and accounting, to providing strategic counsel and leading digital transformation. We feel our positioning in the Visionaries quadrant underlines how Sage Intacct can support finance leaders as they become strategic partners to the business and drive their enterprises to new levels of digital success.”
To learn more about Sage Intacct, please visit Sage Intacct Financial Management Software or access a complimentary copy of the Gartner Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises report.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
1 – Gartner, Inc., "Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises"; Robert Anderson, John Van Decker, Greg Leiter; May 10, 2021 (In the 2017 report Sage Intacct was recognized as “Intacct”).
2 – Gartner, Inc., “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises”; Robert Anderson, John Van Decker, Greg Leiter; May 10, 2021.