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.