Sage, a leading accounting and payroll technology company, has introduced an innovative tool to revolutionize how small and medium-sized business (SMB) finance teams operate. Sage Copilot, launched for early adopters in the U.S. and U.K., aims to streamline daily accounting and finance tasks, offering significant boosts in productivity and efficiency.
AI-Powered Support for Accountants
Sage Copilot is personalized to help accounting professionals address common challenges such as highlighting budget variances and delivering precise answers to critical financial questions. The tool promises to accelerate workflows by automating time-consuming tasks, ultimately helping businesses focus on growth and profitability.
According to Dan Miller, executive vice president of Sage’s financials and enterprise resource management division, “With the introduction of Sage Copilot, we’re helping finance leaders take a major step toward their goals by reducing manual work, increasing accuracy, and empowering teams to focus on strategic, high-value tasks.”
SMBs Gain Strategic Advantage
This launch comes at a crucial moment when 80% of finance chiefs are turning to AI to reclaim valuable time for strategic initiatives. The integration of AI in business operations is seen as crucial for staying competitive and adapting to rapidly changing global complexities.
Sage’s research aligns with recent studies by PYMNTS Intelligence/Finexio, which shows that 79% of CFOs view AI as essential for automating accounts payable (AP) processes, improving security, and boosting cost savings. Additionally, automation is helping companies improve cash flow management and reduce fraud risks, with paper checks now accounting for a significant portion of B2B fraud cases.
Take the Leap to Smarter Finance
With tools like Sage Copilot, businesses can gain more control over their finances, reduce errors, and drive growth.
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