14th October 2014, Budapest – During the EuroFinance in Hungary, the international conference of Cash and Treasury Management, Sage will exhibit its new Sage XRT Solutions for smart Financial Value Chain Management. Sage will be represented at Eurofinance by José Teixeira, Senior Product Manager at Sage Mid-Market Europe and Jean Beaufort, Managing Director at Sage International Business Development.
The Sage Group plc is one of the world’s leading suppliers of business management software and services. Operating in 24 countries, Sage provides primarily accounting, payroll, enterprise resource planning, customer relationship and cash flow management solutions and services to its clients.
Sage XRT Solutions help national and international groups and companies to manage their financial value chain.
"The goal of Financial Value Chain Management is to dematerialise and to optimise transactions between companies and their suppliers, customers, service providers, financial institutions and marketplaces”, explains Jean Beaufort, Managing Director at Sage International Business Development. “Financial Value Chain Management provides a new dimension to existing treasury functions. These functions which can often be managed in a disconnected and inefficient way are turned by Financial Value Chain Management into a series of highly automated, secure and collaborative actions. Sage XRT Solutions are the benchmark for managing the financial value chain, providing complete coverage of cash flow management.”
Sage XRT Solutions provide a real-time overview of a company’s positions and liquidity, enabling it to set budgets and manage its treasury in the short- and medium-term. Sage XRT Solutions enhance productivity by automating laborious tasks such as cash reconciliation and accounting. They serve to mitigate foreign exchange risks and reduce bank transaction fees. They can be deployed anywhere in the world, thanks to the multi-language, multi-country and multi-currency functionality and the multi-format, multi-protocol and multi-bank communication module.
“Our software is always compliant with existing legislation and regulations. It incorporates control and security procedures in accordance with international recommendations such as Sarbanes-Oxley (SOX) and Single European Payment Area (SEPA) directives,” explains José Teixeira, Senior Product Manager at Sage Mid-Market Europe. “Sage XRT is a highly secure solution, compatible with the requirements of even the most demanding CIOs.”
Sage XRT Solutions provide a complete cash flow management (Cash & Risk, Payments and Collections, Financial Communication) solution with the following:
ENDS
About Sage
We provide small and medium sized organisations with a range of easy-to-use, secure and efficient business management software and services - from accounting and payroll, to enterprise resource planning, customer relationship management and payments. Our customers receive continuous advice and support through our global network of local experts to help them solve their business problems, giving them the confidence to achieve their business ambitions. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has millions of customers and more than 12,700 employees in 24 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia and Brazil. For further information please visit www.sage.com
Further press information:
Imre Hanyecz
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Sage
Carole Basson
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