7 August 2017 - Today, the UK’s top Direct Debit provider, GoCardless, and Sage, the market leader for integrated accounting, payroll and payment systems, have announced a partnership to create a closer link between accountancy software and payments to support small and medium businesses.
The new integration with Sage will allow its customers to tap into the previously hard to access Direct Debit system, enabling them to automate payments in both the UK and across Europe.
Sage customers can now link accounting software directly with GoCardless, allowing them to automate both payment collection and reconciliation. This partnership and introduction of a new integration between the two platforms has been carefully designed to help business owners reduce unnecessary admin and get paid on time.
Seamus Smith, EVP of Global Payments and Banking, Sage, said: “Our partnership with GoCardless provides another great solution to help achieve our mission: making admin invisible for our customers. With the new integration, customers can easily access and set-up direct debit payments in their Sage software giving them back valuable time to focus on growth. Combined with our einvoicing and ‘Pay Now’ button functionality, Sage is uniquely positioned to help customers get paid faster in a way that suits their business.”
Alan Laing, MD for the UK and Ireland, Sage, said: “Sage’s partnerships are focussed on one core aim; helping businesses operate as efficiently as possible. Poor cash flow remains one of the main causes of problems in businesses so we want to take away some of the red-tape and admin associated with managing money. Our work with GoCardless allows us to do just that. Our vision is to make those tasks invisible by 2020 by automating the back-office functions so we can free business builders’ time up that they can better spend growing their business.”
Hiroki Takeuchi, CEO, GoCardless, said: “In today’s fast moving world, any way to streamline processes and increase efficiency can give companies a serious competitive advantage.
“Through this partnership with Sage. We look forward to helping thousands more businesses to save time and money, letting them focus on growing their business. ”
Mike Bibby Operations Manager at Radium Security Systems said: “This is great news for businesses like ours that run accounts on Sage and collect payments with GoCardless. Anything that enables us to increase efficiency and cut costs allows us to deliver an even better experience for customers.”
This is a first step for Sage as the company has ambitious plans to expand the GoCardless integration to additional products and markets in the future.
To find out more about the GoCardless integration with Sage Pay and the benefits it brings, please visit www.gocardless.com
GoCardless is building on top of the existing Direct Debit infrastructure to create a new, international payments network to rival credit cards. It now processes £2bn worth of transactions for tens of thousands of businesses and was recently named the fastest growing fintech company in the UK according to Deloitte.