SOURCE: Sage Software

June 12, 2007 09:44 ET

Peachtree by Sage 2008 Is Now Shipping

Improvements in Accuracy, Control and Performance Continue to Enhance the Customer Experience

ATLANTA, GA--(Marketwire - June 12, 2007) - Sage Software announced today the availability of the Peachtree by Sage 2008 product line, offering small businesses new customer-driven features and enhancements that will save time and improve product performance around daily tasks such as invoicing, document management, and utilizing reports and forms.

Long recognized in the market as a trusted accounting package, Peachtree Accounting continues to become the solution of choice for small businesses that are serious about their accounting. In addition to performance enhancements, small businesses will see more user-control capabilities and improved processes for retrieving information within the product to encourage better business management.

"Peachtree by Sage has a long history in the small business accounting space, and it will continue that legacy by sticking with its bread and butter: offering small businesses a solid accounting solution," said Laurie McCabe, vice president for SMB Insights and Business Solutions at Access Markets International (AMI) Partners, Inc. AMI-Partners. "Sage's re-energized positioning for Peachtree as 'the best choice for those who are serious about their accounting' underscores its commitment to more effectively target its key customers and remain a strong competitor against some formidable opponents."

"Small businesses that choose Peachtree are keenly focused on their numbers and how they can better manage those numbers to improve their operations," said Connie Certusi, general manager of accounting solutions, Sage Software. "With Peachtree 2008, we continue to combine customer-driven advancements with the trusted double-entry accounting our customers appreciate to bring them an intuitive and easy to use accounting package they can depend on for security and better business management."

Similar to previous releases of Peachtree, Sage Software worked closely with small businesses through its Customer-Connected Design Center to identify opportunities to enhance functionality and introduce new features. The features and enhancements detailed below reflect product performance improvements, and the greater control small businesses can exercise within Peachtree:

--  Time saving -- small businesses will experience faster transaction
    saving and record opening time within the product while working in reports.
    Additionally, customers who don't require the Business Status Center or
    product Navigation Screens can now permanently hide them which also
    improves the time required to open Peachtree.
--  Invoicing -- using the new Broadcast Invoices feature, small
    businesses can save time by creating one invoice in just a few clicks, and
    send it to any number of customers based on many filtering options.
--  Reporting -- small businesses now have additional control when
    customizing 19 of the most popular accounting reports within Peachtree by
    using 100 newly available fields in which to add information.  The
    reporting improvements also include 50 new filters, 30 new sorts and
    greater drill-down capabilities. Peachtree 2008 also offers a new
    Transaction Detail Report which is a comprehensive report that enables
    small businesses to see key information related to any transactions from
    one location.
--  Forms Design -- a new design screen offers small businesses more
    flexibility for adding color, logos and other information to customize the
    standard layout on forms such as invoices, sales orders, quotes, etc.
    Additionally, standard form layouts can be modified easily by turning on
    and off fields from the transaction screen, and the changes are
    automatically reflected on the printed form.
--  Document Management -- Peachtree 2008 includes a new document
    management feature that enables small businesses to add attachments to
    records and transactions such as vendors, employees, inventory items,
    payroll checks, or quotes directly within the product for better tracking
    and management.  All file types are supported with this feature including
    Microsoft® Excel® spreadsheets, Word, photographs and scanned files.
--  Inventory -- businesses with physical inventory can now select the
    number of decimal points they desire up to a maximum of five for both the
    quantity and unit price fields.  This feature is ideal for companies that
    need to track specific unit or quantities beyond a standard two decimal
    settings, allowing for a more accurate representation of their inventory
    and pricing structure.
Also available in the product line is Peachtree - Quantum by Sage 2008. Introduced in 2006, Peachtree Quantum is the most comprehensive application in the product line, offering all of the new features and enhancements along with more user and transaction volume support. Included with Peachtree Quantum is Peachtree Quantum Business Care, an extensive service plan that includes all the product updates and upgrades that become available within 12 months of the product purchase date, access to online training and one year of unlimited access to Customer Support.

Pricing and Availability

Peachtree Premium Accounting 2008, Peachtree Complete Accounting 2008, Peachtree Pro Accounting 2008 and Peachtree First Accounting 2008 are now available direct from Sage Software and most computer retailers and office supply stores in early July. The suggested retail price for Peachtree Premium Accounting 2008 is $499.99, Peachtree Complete Accounting 2008 is $269.99, Peachtree Pro Accounting 2008 is $169.99, Peachtree Pro Total Care Edition is available for $369.99 and Peachtree First Accounting 2008 is $69.99. The Multi-User Value Pack (5 seat license) of Peachtree Complete Accounting retails for $699.99, while the Peachtree Premium Accounting 2008 Multi-User Value Pack (5 seat license) can be ordered direct from Sage Software for $1099.99. High value competitive rebates are available from Sage Software for customers on other small business accounting packages. Call 800-228-0068 for more details.

Also available direct from Sage Software and from hundreds of Peachtree Certified Consultants nationwide as well as selected resellers are Peachtree - Quantum 2008, Peachtree Premium Accounting for Manufacturing 2008, Peachtree Premium Accounting for Construction 2008, Peachtree Premium Accounting for Distribution 2008, Peachtree Premium Accounting for Nonprofits 2008 and Peachtree Premium Accounting 2008 - Accountants' Edition. The Multi-User Value Pack (5 seat license) is available for each vertical industry specific solution. Peachtree Quantum supports up to 10 named users, and is designed for companies that are outgrowing the capabilities of the Peachtree Accounting line and the Peachtree Premium vertical industry solutions.

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 international 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 or call (866) 308-2378.

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