Sage Group

Making banking work, without the paperwork

Neobanks

UK-based Countingup provides banking services and accounting software to businesses via a web portal and a mobile app. Products offered by the company include business current accounts in addition to software solutions such as receipt capture, tax estimates, and invoice generation.The current accounts are equipped with in-built software, which automates processes such as bookkeeping and tax compilations. In addition to this, the integration of a customer’s bank account with other business software enables the platform to provide insights in relation to a customer’s business finances, which include automated profit and loss compilations, tax estimates, and unpaid invoices. The current accounts have no minimum balance requirements but impose maximum balance limits of GBP 400,00 for limited companies and GBP 60,000 for self-employed individuals.The company offers its products under three tiers, which are based on the level of incoming funds per month. For customers with less than GBP 750 of incoming monthly funds, products are offered free. Meanwhile, monthly fees for customers with incoming funds ranging GBP 750–7,500 per month is GBP 9, while monthly fees for customers with incoming funds greater than GBP 7,500 per month is GBP 18. Customers are also subject to transaction charges, which include but are not limited to GBP 1 for ATM withdrawals and foreign currency transaction fees of 3%.Key customers and partnershipsAs of February 2024, the company had 50,000+ customers.Funding and financialsIn March 2021, the company raised GBP 9.1 million (approximately USD 12 million) in Series A funding led by Framework Venture Partners. The funding will mainly be geared towards developing new products and expanding the company’s workforce.

Zeta Phi Beta Sorority, Inc. was founded January 16, 1920, at Howard University, Washington, D.C.

The Chicago Urban League is building strong sustainable African American communities and creating opportunities to transform their lives.

Promotes interactions for the exchange of information & engages in cooperative programming & initiatives through various activities

Bench is proud to be the largest bookkeeping service for small businesses in America. Founded in New York in 2012, it’s our mission to help business owners thrive.  We take the hassle out of bookkeeping and tax filing, so our clients can focus on what really matters - running a successful business. Our intuitive software is designed to simplify the process of organizing your business financial records, while our live bookkeeping team is available to provide expert support and advice whenever you need it. By combining the power of modern technology with the expertise of a professional service, we empower business owners to focus on their core business activities and do what they love. Join the thousands of small businesses who trust Bench for their bookkeeping needs, and experience the convenience, efficiency, and expertise of our service today.

Glanris developed a completely green, non-toxic, filtration media for water purification from an agriculture by-product. This agricultural product is grown around the world, is plentiful, and can be used locally to ensure clean drinking water in developing countries.  It also gives local farmers a significant additional income source for a product that today they are throwing away. This media has been independently tested over the last two years of development and is ready for production.

The one that does your books. Countingup is the UK's #1 #banking & #accounting app. Dead easy. Super fast. Self sorting.   ''So easy to use. I really don't know how I ever completed business tasks without it.'' J O'Kane  ''Simple and easy, everything a high street bank isn’t.'' I’ll Cook You Pour  ''The future of accounting and banking…'' C Ready

Brightpearl is the omnichannel retail management system that puts your orders, inventory, financials, POS and CRM in one place. A purpose built ERP platform that delivers real time accounting and order management to automate the back office for today’s omnichannel brands, retailers and wholesalers where in store, online, or in the warehouse. They are 100% focussed on the retail sector and deploy in half of the of time of generic solutions like NetSuite, SAP, and Sage.

Sage provide small and medium-sized organizations with a range of easy-to-use, secure and efficient business management software and services. Its services include accounting and payroll to enterprise resource planning, customer relationship management, and payments. Its 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.  The company was founded in 1981 and is headquartered in Newcastle Upon Tyne.

<div> Sage Group plc (LSE: SGE) is a multinational enterprise software company headquartered in Newcastle upon Tyne, UK. The company develops and offers accounting, payroll, human resources, and other business management software for small and medium-sized businesses. Sage's flagship accounting products include Sage 50 Accounting (formerly Sage 50cloud), Sage Intacct, and Sage Accounting. Sage 50 is an on-premise accounting software with features like invoicing, expense tracking, inventory management, and financial reporting. Sage Intacct is a cloud-based financial management solution, while Sage Accounting is entry-level cloud accounting software. The company also offers Sage Payroll for payroll processing and HR management. In addition to accounting and payroll, Sage provides industry-specific solutions for construction, real estate, manufacturing, and nonprofit organizations. Recent product developments include Sage Copilot, an AI-powered productivity assistant, and expanded cloud capabilities for products like Sage Intacct. Sage has grown through acquisitions and partnerships over the years. Notable recent partnerships include collaborations with Amazon Web Services to develop AI technologies and with Square to integrate accounting and point-of-sale systems. As of February 2024, Sage serves millions of customers globally and operates in multiple countries, with a strong presence in North America, Europe, and other regions. </div>

Sage Group price target lowered by 10 GBp at JPMorgan

Distributed workforces require new solutions for office operations, HR, payment, and more.

Remote Work Infrastructure

Companies offering tools to infer employee morale (through surveys and quick assessments) and productivity, including functions for goal setting, review, and feedback.

Companies that offer the entire spectrum of HR tools including payroll processing benefits, onboarding, compliance, analytics, scheduling etc

Companies providing either standalone or combined payroll and benefits services to businesses.

EoR - Companies that assist businesses in hiring distributed teams globally in compliance with foreign labor laws. EoRs become the legal employer of offshore employees. Solutions include payroll, benefits, and taxes.

PEO - Companies that offer similar services to EoRs but establish a co-employment arrangement with businesses and do not become the legal employer.

Companies offering tools such as chatbots, surveys, games, and other activities to infer, assess and improve employee morale and sentiment.

Companies that provide a centralized space for employees to access internal and external resources, enterprise applications, and enable workers to communicate across departments, and stay up to date on organizational announcements.

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

INCUMBENTS_PRESENT

<div>
 Back-office solution provider for small and mid-sized businesses, Sage, has purchased Anvyl, a software platform offering end-to-end supply chain solutions. The terms of the acquisition have not been disclosed.
 The acquisition is a strategic move by Sage to not only expand their offerings beyond financial solutions, but also to provide a cost-effective supply chain execution solution for small and mid-sized businesses (SMBs). Sage intends to integrate Anvyl's technology with its existing solutions to facilitate connections with multiple buyers and suppliers, optimise operations, diminish costs, and improve customer service. 
 Established in 2017, Anvyl provides smart purchase order management and boasts a vast supplier network. Its objective is to offer intelligent and connected supply chains globally, thus simplifying intricate processes for all parties involved in the supply chain ecosystem.
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