SOURCE: Sage Software

June 12, 2006 09:30 ET

New Peachtree by Sage Premium Accounting for Manufacturing 2007 and Peachtree by Sage Premium Accounting for Distribution 2007 Now Available

Products Bring Redesigned Navigation, Faster Information Access, Tighter Integration With Microsoft® Office and More Power to Small Manufacturers and Distributors

ATLANTA, GA -- (MARKET WIRE) -- June 12, 2006 -- Sage Software today announced the general availability of its Peachtree 2007 product line, including new versions of Peachtree by Sage Premium Accounting for Manufacturing and Peachtree by Sage Premium Accounting for Distribution, in addition to the new Peachtree by Sage - Quantum, a high performance solution that supports up to 10 named users(1), and includes free support, upgrades and updates in an automatic annual renewal plan(2). These products, targeted to small manufacturers and wholesale distributors, provide the business management tools manufacturers and distributors need to achieve their short and long-term goals, and are the entry step for manufacturers and distributors into the Sage Software family of products.

Manufacturers and distributors alike will benefit from capabilities available in Peachtree for more profitable inventory management. Serialized inventory tracking, multiple costing methods, flexible bill of materials processing, kitting and assemblies and the ability to sell in multi-quantity units are just a few of the advanced inventory functions included in these products for more effective, profitable inventory management.

"Accurate, real-time knowledge of inventory levels and easy access to that data is critical for small manufacturers and distributors to manage their cash flow, success, and growth," said Dan DeRosa, vice president of product management, Sage Software. "Peachtree Premium for Manufacturing, Peachtree Premium for Distribution and the new Peachtree - Quantum will help our customers to accomplish those tasks, stay on top of cash flow and stay ahead of the game."

Customers and vendors are vital to any business, and the ability to manage their information is critical to success. Peachtree 2007 products include a myriad of tools to assist with that management. Customer Transaction screens show purchase history, current balances, credit status and credit limit, before a deal is closed. Customer balances also can be printed on invoices as a gentle reminder of outstanding balances. Customer statements and transaction history reports are easily printed; the system also allows for up to 20 addresses for each customer and vendor, so that goods, invoices or payments can be directed to an accurate address every time. Orders and backorders can be tracked and customer quotes can be generated quickly and easily, saving time for active businesses with an eye on their bottom line.

The net result of thousands of hours of customer input and onsite design and testing, the Peachtree 2007 line combines the accuracy and control for which Peachtree is known with significant improvements to the product interface, user experience and work flow. These industry-focused editions combine manufacturing- and distribution-specific functionality with powerful accounting tools to create an ideal solution for small manufacturers and distributors. In addition to the extended capacity of the new Peachtree by Sage - Quantum, new capabilities in the 2007 versions include improvements around navigation and data access.

New with the 2007 product line is the Business Status Center(3), a dashboard of critical, real-time information about the health of the business. With eight sections available, the Business Status Center is customizable by user and provides instant access to an integrated view of key business measurements and indicators. From this dashboard, small businesses can quickly gain insight as to who their most profitable customers are, what bills need to be paid and what is owed to them, as well as many other indicators for their business.

"With the Business Status Center, I have instant access to all the information I need, right at my fingertips," said Paula Gilliland, Accounting Manager, Physimetrics. "I can easily see what items are selling the most, which customers are buying the most, and when we need to restock. Peachtree helps me to stay on top of our inventory and keep our cash flow on track."

Peachtree 2007 also features enhanced integration with Microsoft Office, adding more powerful links with Excel® and Outlook® to the existing Office integration technologies built into the product since 1999.

Integration with Excel: With more robust options for exporting data, small businesses will be able to export Peachtree report layouts into Excel that include both the formulas for calculated values, and the report formatting, as well as the option to retain viewing capabilities such as freeze pane, auto-filtering and report headers.

Outlook Contact synchronization: This feature synchronizes vendor, customer and employee contacts in Peachtree with those in Outlook, so that contact information will only need to be entered once. A dynamic synchronization process within Peachtree 2007 will keep this contact information up to date.

Navigation within the Peachtree 2007 products has been significantly improved with new access and workflow enhancements. While familiar top pull down menus are still available, new side menus have been added and are visible from every screen for faster data access and easier navigation. New Navigation Centers provide simplified access to the most common areas within Peachtree, such as Customers, Vendors, Inventory, Employees, Reports, and others. Users are also able to create customized navigation shortcuts for commonly performed tasks.

Growing companies recognize Peachtree as a powerful tool to help them manage current and future growth, and Sage Software offers the assistance they need to manage that growth. As small manufacturers and distributors grow and require additional capabilities from their software, Sage Software offers a clear migration path to the company's Sage MAS 90, Sage MAS 200 and Sage MAS 500 products.

Pricing and Availability

Peachtree by Sage - Quantum, Peachtree Premium Accounting for Manufacturing 2007, and Peachtree Premium Accounting for Distribution 2007, are available direct from Sage Software, selected resellers, and from hundreds of Peachtree Certified Consultants(4) nationwide. Multi-User Value Packs (5 seat license) are available for the industry specific solutions; 10 seat licenses are available for Peachtree Quantum. Peachtree Premium Accounting for Manufacturing and Peachtree Premium Accounting for Distribution are $599.99 for a single user; $1199.99 for 5 seat Multi-User packs. Peachtree Quantum is $3750.00 for new customers, $2995.00 for upgrading customers.

About Sage Software

Sage Software supports the needs, challenges and dreams of more than 2.6 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 accounting practices and the construction, distribution, manufacturing, nonprofit and real estate industries. Sage Software is part of The Sage Group plc, a leading international supplier of accounting and business management software solutions and related products and services for small to mid-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now has 5 million customers and employs over 10,500 people worldwide. For more information, please visit the Web site at or call (866) 308-2378.

(1) Subject to the terms of the End User License Agreement. A maximum of 10 licensed named users are allowed. Only the first 10 named users selected in the user maintenance screen are considered licensed named users.

(2) Your Peachtree Quantum Signature Care Plan (which includes product upgrades, product updates and customer support) will be renewed automatically each year on the anniversary date of your purchase unless you terminate your agreement prior to that date. Renewal is not required for continued access to product updates.

(3) The Business Status Center has replace Peachtree Today in Peachtree Complete Accounting and higher.

(4) Sage Software is in no way liable or responsible for any claims made related to services provided by third party vendors.

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