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Corporate Fact Sheet

Overview

Sage Software is the North American business of UK-based The Sage Group plc. Sage Software supports the needs, dreams, and challenges of small and midsized businesses (SMB) by offering leading business management products and services. More than 2.9 million* North American small and midsized businesses currently rely on Sage Software applications.

For more than 30 years, Sage Software has delivered easy-to-use, scalable, and customizable software for accounting, customer relationship management, human resources, merchant services, time tracking, and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit, and real estate industries.

(*Does not include CRM.)

Structure

The parent company of Sage Software, The Sage Group, plc. (London: SGE.L), reaches a global client base that numbers 5.7 million SMB customers worldwide. It serves these businesses through more than 14,800 employees in operations in North America, the UK, France, Germany, Portugal, Spain, Switzerland, South Africa, Australia, and Southeast Asia. By the end of fiscal year 2007, the North American revenue of Sage Software was $1.01 billion.

Sage Software serves small companies with 25 or fewer employees, and midsized companies with up to 500 or more employees. Revenues of these companies are typically from $5 million to $100 million annually. In serving these companies, Sage Software encompasses the following divisions and brands, organized by customer focus:

Business Management Division

The Business Management Division serves small and midsized businesses with core business management applications for accounting, enterprise resource management, customer relationship management, and other needs.

Download the 2008 Sage Software Business Management Division Extended Enterprise Vision White Paper (PDF 740kb)

Industry & Specialized Solutions Division

The Industry and Specialized Solutions Division serves the industry-specific needs of the construction, real estate, and nonprofit industries as well as the employer-focused needs of SMBs.

Payment Solutions Division

The Payment Solutions Division provides merchant services for retail, business-to-business, and e-commerce businesses in processing customer transactions through credit cards, debit cards, and checks.

Healthcare Division

The Healthcare Division serves the business automation needs of medical practices with Integrated Electronic Health Records, EDI applications, and management systems including Intergy by Sage EHR.

Key Corporate Milestones

    2007
  • Company evolves its customer-centric vision, establishing four company divisions focused on customer needs: Business Management Division, providing SMBs with a broad range of business management software and services to support core business processes throughout their operations; Industry & Specialized Solutions Division, providing support for SMBs with specialized business management needs, such as those in the construction, real estate, and nonprofit sectors, and providing support for employer needs such as human resource management and payroll services; Healthcare Division, providing integrated electronic health records and management systems to physicians’ practices; and Payment Solutions Division, providing merchant services for retail businesses.
    2006
  • Company acquires Practice Services Division of Emdeon Corporation, forming Sage Software Healthcare Division, to provide integrated Electronic Health Records, EDI applications and management systems to more than 20,000 ambulatory care practices.
  • Company acquires the Corum Mobile Division of Corum Corporation, a software consulting and development company based in Concord, ON, Canada that specializes in mobile customer relationship management (CRM) technology.
  • Company acquires Master Builder and Contractor Anywhere, expanding its Construction and Real Estate software portfolio.
  • Company acquires Verus Financial Management, Inc. to offer merchant services for retail, business to business and e-commerce businesses in processing customer transactions through credit cards, debit cards and checks.
    2005
  • Best Software changes its name to Sage Software, reflecting a unified company with its parent, The Sage Group, plc.
    2004
  • Company acquires ACCPAC International, adding accounting products for mid-market businesses and a hosted CRM application.
  • Company acquires Federal Liaison Services, Inc. (FLS) of Dallas, TX, a single source provider of employer payroll and tax filing solutions.
    2003
  • Company acquires KTS Group, developers of nonprofit fundraising software applications.
  • Company-wide business partner programs initiated, including marketing, sales, and first Insights conference for business partners.
  • Company organizes into two main divisions: Small Business and Mid-Market.
  • Company acquires Timberline Software Corporation, establishing construction and real estate vertical markets, and Softline with its BusinessVision accounting products.
    2001
  • The company and its parent The Sage Group acquire: SalesLogix and ACT!, contact management and CRM solutions; Micro Information Products (MIP), software for nonprofits; and Platinum for Windows by Best.
    2000
  • The Sage Group acquires Best Software. Ron Verni is named CEO of North American Operations. (Best Software is later named Sage Software in 2005).
    1999
  • The Sage Group acquires Peachtree Software.
    1998
  • The Sage Group acquires State of the Art.
    1994
  • Best Software acquires Timeslips.
    1992
  • Carpe Diem launched.
    1991
  • The Sage Group, plc, acquires DacEasy.
    1988
  • TimeSheet Professional is launched.
    1987
  • BusinessVision accounting software is launched.
  • ACT! contact management software is introduced.
    1984
  • Abra product line is launched.
    1982
  • Best Programs, later named Best Software, begins business in Arlington, Virginia.
  • Micro Information Products (MIP) is founded.
    1981
  • State of the Art Software, developer of MAS 90 and MAS 200, is founded.
  • The parent company of Sage Software, The Sage Group plc, is founded in Newcastle upon Tyne, England.
    1979
  • ACCPAC product line is introduced from Vancouver , B.C.
    1976
  • Peachtree Software, based in Atlanta , Georgia , begins business.
    1971
  • Timberline Software is founded in Oregon.

Distribution Channel

Sage Software products are licensed, sold, and supported by a network of value-added resellers (VARs) who must pass a stringent review process to be a part of this specialized distribution channel. Mass distribution products ACT! by Sage, Peachtree by Sage, and Simply Accounting by Sage are sold directly to the consumers or through retailers. Sage Software products are also used or recommended by 40,000 accounting and bookkeeping firms nationwide.

Executive Team

  • Nina Smith—President, Business Management Division
  • Doug Meyer—President, Industry & Specialized Solutions Division
  • Bill Wade—President, Payment Solutions Division
  • Lisa Codispoti—Chief People Officer
  • John Bartz—Chief Information Officer

Primary Office Locations

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