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Sage Wins Malaysia Financial Accounting Software Vendor of the Year 2019 Award

Sage, the market leader for cloud business management solutions has been awarded the Malaysia Financial Accounting Software Vendor of the Year 2019 by global research and consulting firm, Frost and Sullivan.

Kuala Lumpur, August 21, 2019 – Sage, the market leader for cloud business management solutions has been awarded the Malaysia Financial Accounting Software Vendor of the Year 2019 by global research and consulting firm, Frost and Sullivan.

"Sage has been present in Malaysia since 1997 and it is a great win for us to be awarded with the Financial Accounting Software Vendor of the Year accolade, as it shows that our investment into people and technology has been recognised by the industry. It is also our second win in two consecutive years, as Sage was also awarded the Frost & Sullivan APAC Accounting Software On Cloud Provider of the Year 2018," said Arlene Wherrett, Vice President & Managing Director, Sage Asia. 

"Chosen based on in-depth interviews, analysis and extensive secondary research conducted by our analysts, Sage was named best in class for addressing unmet needs, implementation of best practices, customer purchase experience, customer ownership experience as well as growth and financial performance," said Hazmi Yusof, Managing Director, Frost & Sullivan Malaysia. 

A market and technology leader in the field of integrated accounting and payment systems, Sage is compliant and present in 23 countries across six continents. Globally, Sage technology helps to move £3 trillion a year – with its solutions embraced by start-ups to scale-ups. 

Locally in Malaysia, Sage has helped over 500,000 customers with their business processes. An estimated 2.5 million payslips in Malaysia are processed utilising Sage Payroll and Sage EasyPay every month. Its accounting software is taught in many universities, with over 183,892 students having earned Sage UBS Accounting, Inventory and Payroll certification.

These and other solutions under the Sage Business Cloud management platform work intelligently to help SMEs and larger organisations to support unique business requirements, from improving business productivity to creating growth. 

The award-winning business management platform and Sage solutions is also widely used from SMEs to businesses scaling up. Its client base includes Boh Tea and Sabah Ports, as well as Bintulu Port Holdings Group (BPHG). 

"With real time data, actionable reports and simplified vendor onboarding and invoicing, Sage helps us run our business from end-to-end," said Caroline Russell, Chief Executive Officer of Boh Tea.
Recently, Sage also announced its “We Power the Nation” survey alongside MATRADE (Malaysia External Trade Development Corporation) which was commissioned to explore the impact of international trade on Malaysia and how digital tools in particular were the key to enabling business processes to increase productivity and achieve faster growth. 

"Technology is reshaping the landscape and business structures all over the world. We’re happy to play a part in the transformation of Malaysia as we aid organizations of all types and sizes manage complexities – with the Sage Business Cloud working intelligently to fit to their ever changing needs,"  added Wherrett. 

About Sage
Sage is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up or enterprise. It does this through Sage Business Cloud – the one and only business management solution that customers will ever need, comprising Accounting, Sage Intacct, Enterprise Management, People & Payroll, and Payments & Banking. The firm’s recent accolades include Frost & Sullivan’s 2019 Best Practices Award in the Malaysia Financial Accounting Software Vendor of the Year category.

About FROST & SULLIVAN
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.