Contact Information: Press Contact: Cynthia Sutton Sage Software (703) 793-2700 x 3032 cynthia.sutton@sage.com
Sage to Launch Hosted Services for Sage MIP Fund Accounting to Help Nonprofits Save Time and Money, Gain Anywhere-Anytime Access to Vital Business Management Applications
| Source: Sage North America
DENVER, CO--(Marketwire - November 17, 2008) - Sage North America announced today at Sage
Summit 2008, its annual customer conference, that it will introduce hosting
services next month for Sage MIP Fund Accounting. The hosted services will
help organizations using Sage MIP Fund Accounting to minimize the
information technology (IT) costs and resources required to maintain their
accounting software, while gaining convenient anywhere-anytime access to
vital business management applications. Sage MIP Fund Accounting, the
company's award-winning software for nonprofit financial management, will
continue to be available as a licensed software product, but customers will
now have more choice about how they deploy their accounting system.
Randy Johnston, executive president for K2 Enterprises, a technology
consultancy serving the accounting profession, believes hosting is one of
the most cost-effective and convenient strategies that an organization can
use.
"Taking advantage of hosting services is an excellent way for nonprofit
accounting professionals to be good stewards of their organizations'
resources, while also gaining more time to focus on their core competencies
and their nonprofits' missions," said Johnston. "If an organization has
multiple offices or team members who need to access data from anywhere,
hosting can provide that flexibility. Hosting also enables rapid
deployment, unattended backups, and high availability. As an added
benefit, hosting may provide more security for your data, particularly for
organizations with limited or no in-house IT resources, since trained
professionals at the hosting company are responsible for protecting the
data of your organization and others."
A little more than one year ago, the American Lung Association (ALA)
standardized their nationwide organization with Sage MIP Fund Accounting in
a hosted environment, which can be accessed anytime, anywhere, over the
Internet via a Citrix XenApp™ (formerly Presentation Server™).
"Being Web-based, our new Sage MIP Fund Accounting system opens up
possibilities for the accounting staff to be based outside of the main
office, or to work from home or on the road," said Rusty Burwell, ALA's
vice president of data and technology.
"Grant management and fundraising are our primary functions, and Sage MIP
Fund Accounting is core to accomplishing them," said William A Clark, PhD,
executive director for the Research & Education Foundation of the Michael
Reese Medical Staff in Chicago. "Not having an IT department can make
properly maintaining the software more difficult. Moving it to a hosted
environment has the potential to solve several of our issues, since system
upgrades, program updates, and secure backup would be handled by the host.
Remote access to our accounting system and reports outside of our LAN are
other potential benefits."
Sage has been testing the hosting services with Sage MIP Fund Accounting
users for several months. To help organizations better understand the
various types of hosted options, a special educational session, titled
"Sage MIP Fund Accounting: The Wide World of Hosting," will be held at this
week's Sage Summit 2008. Attendees will get first-hand hosting
information, including security and compliance considerations, from Grant
Howe, vice president of R&D for Sage's Nonprofit Solutions business unit.
Sage develops several award-winning software solutions used by nonprofit
and government organizations across the U.S. and Canada, including Sage MIP
Fund Accounting and Sage Fundraising 50. For more than 30 years, Sage has
been helping organizations further their missions and better serve
constituents through the use of technology. Thousands of nonprofits manage
their operations -- from fund accounting, fundraising, and donor
management, to payment processing, human resources, health care, and
payroll -- using easy-to-use, scalable, and customizable software and
services from Sage.
First introduced in 1982, Sage MIP Fund Accounting has been honored with
numerous awards, including perfect five-star product reviews from top
accounting industry publications, such as CPA Technology Advisor, and has
received three consecutive Campbell Awards from Campbell Rinker for
exceptional ratings in the Nonprofit Accounting Software Survey, a
nationwide survey of accounting software users.
Hosting services for Sage MIP Fund Accounting will be available in December
2008. Nonprofit Solutions customers wanting to learn more about whether
remote hosting is right for their organization can call 866-564-2378. For
more information about Sage's Nonprofit Solutions, please visit
http://www.sagenonprofit.com and
http://www.sagesoftware.com, or call 800-647-3863.
About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier
of business management software and services. At Sage, we live and breathe
business every day. We are passionate about helping our customers achieve
their ambitions. Our range of business software and services is continually
evolving as we innovate to answer our customers' needs. Our solutions
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 North America employs approximately 5,000
people and supports nearly 2.9 million small and medium-size business
customers. The Sage Group plc, formed in 1981, was floated on the London
Stock Exchange in 1989 and now employs 14,800 people and supports 5.7
million customers worldwide. For more information, please visit the web
site at www.sagesoftware.com or call 866-308-2378.
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