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With Sage 50c, Sage is looking to monetize the cloud by bringing to users the power of the cloud.
One of the first features to be included in the new cloud-based version is a new dashboard, which was inspired by some third-party accounting apps. “Thats why we chose the term cloud dashboard rather than dashboards because people are used to it,” said Tamara Smith, product marketing director for Sage 50c.
What this means is that users will be able to see how their business is performing along with other data points including cash flow, receivables and some operations, such as how much of a payment has been sent out. The dashboard is also extremely customizable meaning if you want to see different reports in the dashboard, you can do so.
The dashboard is offered for free to all users and is one of the big reasons that Sage 50 is trying to sell its user base into the cloud. Smith says that in terms of features, you can use it as a platform for your business as it looks for ways to expand into other areas and also why its important to see the data in these areas from the dashboard. “Its all up front in the dashboard but you can drill into any area,” she says. “At the end of the day, the data comes from your business as you store your data in the cloud.”
Another big reason Sage is so excited to offer the cloud is because cloud-based software can be sold as a subscription. Users can pay a monthly rate or a yearly rate depending on the features and capabilities they want. With Sage 50c, there are no upfront costs. What this means is that customers don’t have to commit to any particular type of accounting software. They can get started today with their $250 and within a year start seeing the benefits of Sage 50c and pay a monthly or yearly rate for this.
This points out a key reason why Sage believes cloud is the future of accounting. Making it possible for users to control their financial data without any installation and take advantage of all of the benefits of the cloud. Were excited about Sage 50c as we think its absolutely brilliant for our customers. Just 30 years ago, Sage 50 was the first to implement a cloud accounting service which made it possible for small businesses owners to control their financial data from the cloud.
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