SOURCE: SAGE

Sage

July 21, 2014 09:02 ET

Quebec Small Businesses Can Now Easily Manage Workplace Savings Plans for Employees With the Support of Sage North America and Manulife

Sage 50 Accounting-Canadian Edition to Integrate With Manulife VRSP Solution Offering Streamlined Payroll Workflow

RICHMOND, BC--(Marketwired - Jul 21, 2014) - Sage North America today announced a partnership with Manulife that will support Quebec small businesses to make it easier for them to comply with the new Voluntary Retirement Savings Plan (VRSP) Act that came into effect on July 1. All businesses with five or more employees will be required to offer a workplace savings plan, and Sage has partnered with Manulife to provide an integrated payroll solution.

The integrated payroll solution will offer a streamlined payroll workflow through Sage 50 Accounting-Canadian Edition while simplifying the ongoing administration of Manulife's new VRSP.

"Quebec has complicated tax laws, and government regulations compliance can be difficult for small businesses," said Nancy Harris, Sage North America senior vice president and general manager, Canada. "Partnering with Manulife to offer an integrated payroll solution not only allows Sage to help small businesses comply with mandatory government regulations, but also free up time for them to focus on growth and pursue further business success."

The integrated solution will help small business owners streamline their processes, therefore saving time and reducing redundant data entry through features including:

  • Prefilled VRSP contribution file for each payroll cycle.
  • Prepopulated employee information files created by Sage 50 Accounting-Canadian Edition to ensure accurate information is sent to Manulife to administer employees' records.

"With our unique product features and partnership with Sage, we make implementing and maintaining the plan easy and almost effortless for employers and employees," said Sue Reibel, senior vice president of Manulife Group Benefits and Retirement Solutions.

More information can be found at: www.manulifeprpp.com/vrsp/sage

About The Sage Group plc

We provide small and medium-sized organizations with a range of easy-to-use, secure, and efficient business management software and services -- from accounting and payroll to enterprise resource planning, customer relationship management, and payments. Our customers receive continuous advice and support through our global network of local experts to help them solve their business problems, giving them the confidence to achieve their business ambitions. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has over 6 million customers and more than 12,700 employees in 24 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia, and Brazil.

For more information about Sage in North America, please visit the company website at NA.Sage.com. Follow Sage North America on Facebook, Facebook.com/Sage, and Twitter, Twitter.com/SageNAmerica.

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