SOURCE: Sage Software, Inc.

October 30, 2007 09:00 ET

Sage Software Continues Customer-Focused Software Updates With Launch of Sage BusinessWorks 50 Accounting version 8

New Version Focuses on Ease of Use, Timesaving Improvements, Microsoft® Vista™ Support, and New Drill Down Screens for Better Productivity

IRVINE, CA--(Marketwire - October 30, 2007) - Sage Software announced today the general availability of Sage BusinessWorks 50 Accounting version 8, the latest version of the company's popular business management solution. Sage BusinessWorks version 8 includes enhancements such as new drill down screens designed to streamline processing and save time, support for the new Microsoft Vista operating system, plus many other new ease-of-use features. Version 8 also incorporates a new Cash Account Register Report, a useful reconciliation tool that displays details of all transactions that impact a cash account, and the ability for users to submit suggestions for future product improvements to Sage Software directly via Sage BusinessWorks.

"Sage BusinessWorks version 8 is another example of our sharp focus on providing products and services that meet the needs and wants of our loyal customers," said Sam Hunter, Sage Software senior vice president and general manager of the Value Business Unit. "Version 8 will help these clients save time and be more productive, and the new Submit Enhancement Suggestions link makes it easier than ever for Sage BusinessWorks customers to collaborate with product development so that we can continue meeting their needs well into the future."

Ease of Use and Time Saving Improvements

Version 8 also offers many new ease of use and timesaving improvements, including:

--  New Alternating Color Scheme -- Found in all Lookups, it improves
    readability and helps users more easily review information contained within
    a single row.
--  Easier Accounts Payable by Credit Card Processing -- Users can now
    record an invoice using standard invoice terms and later make a full or
    partial payment to the invoice using a credit card as the payment option.
    This allows for more accurate tracking and aging of accounts payable
    invoices while still providing the convenience and flexibility of paying
    the invoice with a credit card.
--  Post Adjustments to Credit Card Vendor Invoices -- Users can now
    easily post invoices directly to the Credit Card vendor to account for
    interest, annual fees, and other adjustments.
--  Enter Payment Option -- The 'Enter Handchecks' feature has been
    renamed to 'Enter Payments' and now provides the ability to quickly and
    easily select invoices for payment and print vendor checks from one
    convenient location.
--  Sales Tax ID's Assigned to Ship To Addresses -- Up to three sales tax
    ID's can now be assigned to each customer Ship To Address, which provides
    for faster, more accurate sales tax data entry on quotes, orders, and
    invoices.
--  Reprint Closed Invoices and Sales Orders -- Closed invoices can now be
    reprinted from the Order Entry Invoice Inquiry option, and closed sales
    orders from the Sales Order Inquiry option.
--  Copy Bill To Address Button -- Users no longer have to open 'Maintain
    Customers' to copy the Bill To Address into the Ship To Address windows. A
    new button called 'Copy Bill To' will populate the Ship To Address with the
    Customer's Bill To Address with a single click -- another nice timesaver in
    version 8.
    

Enhanced Drill Down Screens

Sage BusinessWorks version 8 includes enhanced Customer Inquiry and Unpaid Balance drill downs. When users select the Unpaid Invoices in the Customer Inquiry, it not only displays a list of invoices that make up the balance, it now also supports further drill-down functionality into the invoice transaction inquiry, providing additional visibility into customer accounts, including customer purchase order information, invoice adjustments, and payments received. Similar to the Customer Inquiry, when users select the Balance hyperlink in the Vendor Inquiry, it now supports further drill down to the specific transaction inquiry for all the invoices that make up the balance.

Microsoft Vista Support

Sage BusinessWorks version 8 is now compatible with the 32-bit version of the new Microsoft Vista Business and Ultimate operating system editions.(1)

Cash Account Register Report

The new Cash Account Register available in the Cash Management module of version 8 is a useful reconciliation tool that displays in detail all the transactions that impact a cash account. It also provides business owners with the flexibility and security of allowing certain employees to view this information, while preventing employees from viewing other sensitive general ledger account information.

Submit Your Enhancement Suggestions

Exemplifying how Sage Software is truly "customer connected," Sage BusinessWorks users can now easily submit product improvement suggestions 'on the fly' directly to Sage Software using the new Submit Enhancement Suggestions link found under the Sage BusinessWorks Help menu.

Sage BusinessWorks 50 Accounting

Sage BusinessWorks is a feature-rich, modular-based accounting solution that helps small- to medium-sized businesses increase operating efficiencies through process automation. The solution includes general financial management modules for General Ledger, Accounts Payable and Accounts Receivable, along with cash management, inventory, order entry, payroll, job costing and utility functions. Sage BusinessWorks also offers more than 200 built-in reports with graphical reporting capabilities, plus seamlessly integrates with other Sage Software applications to create an integrated front-office and back-office business solution that increases productivity and profitability.

Pricing and Availability

Existing customers with an active ClientCare agreement will receive a Sage BusinessWorks 8 upgrade automatically for no additional fee as a benefit of maintaining their support agreement. For new customers, Sage BusinessWorks version 8 is available now through local, authorized Sage BusinessWorks partners. New single systems including GL, AP, AR, and Cash Management modules, plus a 1 year support contract, which includes upgrades, maintenance updates and 10 technical support cases, start at a suggested list price of $1,694. For additional information, contact the Sage Software Sales Department at 800-477-5700, or visit www.sagebusinessworks.com.


About Sage Software

Sage Software supports the needs, challenges and dreams of nearly 2.8 million small and mid-sized business customers in North America through easy-to-use, scalable and customizable software and services. Our products support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage Software is a subsidiary of The Sage Group plc, a leading global supplier of accounting and business management software solutions and related products and services for small and mid-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now has 5.4 million customers and employs over 13,000 people worldwide. For more information, please visit the Web site at www.sagesoftware.com/moreinfo or call (866) 308-2378.

(1) Note: WinHelp is not included with the Microsoft Vista operating system (as with previous operating system platforms) and as a result must be downloaded from the Microsoft Web site. See the Version 8 System Requirements for additional information to be aware of before upgrading to Microsoft Vista.

© 2007 Sage Software. All rights reserved. The Sage Software logo and the Sage Software product and service names mentioned herein are registered trademarks or trademarks of Sage Software or its affiliated entities.

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