SOURCE: Sage Software, Inc.

July 11, 2006 09:00 ET

Sage Software Launches Sage Accpac ERP 5.4 to Help Improve Efficiency and Productivity for Small Enterprises

Major Upgrade of Award-Winning Business Management System for Small Enterprises Includes New RMA Module, Plus 267 Additional New Features Requested by Users

PLEASANTON, CA -- (MARKET WIRE) -- July 11, 2006 -- Sage Software announced today the availability of version 5.4 of its award-winning Sage Accpac ERP business management system (formerly ACCPAC Advantage Series). This latest version offers clients Return Materials Authorization (RMA) capabilities, empowering businesses with vital information to more effectively manage their returns and better control their costs. Version 5.4 also incorporates 267 user-requested new features focused on operational efficiency and flexibility, and giving users more control over how processes work, such as choice of batch or real-time processing defined by user -- to fit the way they do business. Sage Accpac ERP 5.4 is also dual-core processor compatible, ready for 'next generation' 64-bit processors from Intel® and AMD®, affording users key IT investment protection.

"Sage Accpac ERP 5.4 reinforces the Sage Software commitment of focusing on customer-oriented innovations," said Craig Downing, Sage Software vice president and general manager for Sage Accpac. "With version 5.4, we're helping to improve end-user productivity. Items can be entered faster than ever before, complex builds can be more easily tracked by warehouses and manufacturers with our multi-level Bill of Materials module, and the new RMA module helps keep revenue loss on returns to a minimum. It's all about helping our clients increase their productivity and generate more revenue, and version 5.4 does the job."

New Return Materials Authorization (RMA)

With RMA, Sage Accpac ERP 5.4 empowers businesses to keep pace with processing customer returns in a timely fashion -- a key to retaining customer loyalty. The Sage Accpac ERP 5.4 RMA module offers an impressive array of advanced tools, superior flexibility, and ease of use that facilitates rapid turnaround times, enhances customer service, and delivers optimal control of a business' inventory and cash flow. Clients can track and bill for repairs quickly and accurately, and automated inventory control is integrated with the order entry and purchase order modules. Users can also access critical report data to help discover and rapidly resolve return/repair issues, and the RMA module also provides centralized, integrated returns management that allows complete tracking of sales items from the initial purchase order all the way through to a return.

Tracking options and flexibility abound -- users can create order entry credit notes, replacement orders, and purchase order returns with just one click of the mouse, and the module features customer claims tracking for recovery purposes, including tracking of third-party repair agents and their designated repair facilities for any repairs made to inventory damaged in transit. Customization flexibility enables users to quickly and easily add or create optional fields that conform to the way they do business, including built-in Crystal Reports.

"This is a fantastic upgrade," said John Barrett, CFO for Sage Accpac ERP client Wiley X Eyewear of Livermore, CA, the largest supplier of protective eyewear to the U.S. military, whose workforce has doubled in the last several years, and whose annual sales revenue jumped from $6 million in 2002 to $62 million two years later. "The new features in the GL and AR modules alone are enough for me to want to upgrade to version 5.4." Barrett adds, "If version 5.4 included just those enhancements I would still be quite happy. The entire new feature set is unbelievable."

267 Additional New Features

In direct response to customer input, Sage Accpac ERP 5.4 offers numerous upgrades and enhancements, including a higher degree of automation added to the system manager, general ledger (GL), accounts receivable (AR), accounts payable (AP), inventory control (IC), order entry (OE), purchase orders (PO), project and job costing (PJC), and payroll modules.

Already considered one of the premiere multi-currency capable systems available, Sage Accpac ERP 5.4 simplifies tax reporting with the ability to specify a tax reporting currency and automatically calculate taxes in the source currency, functional currency, and the tax reporting currency. With its flexible transaction management throughout the system, users can now elect batch or real-time transaction entry to adapt processing more directly to their individual business needs. Version 5.4 also provides improved customer service and faster invoice processing features. Users can enter an invoice (with taxes) and apply a payment at the same time for on-the-spot settlement of an invoice. Customer refund processing has also been significantly streamlined, enabling improved customer service.

Warehouse and manufacturing operations can now keep track of goods in-transit using logical versus physical inventory designations, and can also set up multi-level bill of materials (BOM) for complex builds. Orders are easy to copy from one customer to another, and these types of businesses can drill down to every level of the order, shipment, and invoice process to closely scrutinize their entire supply chain.

Sage Accpac ERP -- Freedom of Choice

Unlike competitors, Sage Accpac ERP can be run on both Linux and Microsoft Windows operating systems, including the ability to run Linux and Windows clients in parallel against the same database. Sage Accpac ERP also continues to provide small enterprises with the freedom to choose from a variety of industry leading databases, including IBM® DB2® (a 3-user DB2 license is included free of charge with a license of Sage Accpac ERP), Pervasive.SQL®, Oracle®, and Microsoft SQL Server, in addition to deploying on either the Microsoft Windows, Linux® or IBM OS400 operating systems.

Named a "Top 100 Product" for 2006 in the High-End & Mid-Market Accounting category for the 10th straight year by the editors of Accounting Today magazine (http://www.webcpa.com/article.cfm?articleid=16589&pg=acctoday), Sage Accpac ERP is an advanced, Web-enabled accounting and business management solution that is the foundation for integrated, end-to-end business management applications, including customer relationship management (CRM), point-of-sale (POS), human resources (HR), and warehouse management, among others. It can be deployed either on premises, or hosted online at www.accpaconline.com.

Pricing and Availability

Available in three editions, 100, 200, and 500, Sage Accpac ERP 5.4 is now available from authorized Sage Accpac business partners across North America, starting at an SRP of $595 (USD), $695 (CDN) for Sage Accpac 100 ERP. The new RMA module will be available by the end of this year starting at an SRP of $1,500 (USD), $2,250 (CDN). To locate a Sage Accpac business partner, call 1-800-945-8007, or visit www.sageaccpac.com.

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 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 to mid-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now has 5.0 million customers and employs over 10,500 people worldwide. For more information, please visit the Web site at www.sagesoftware.com/moreinfo or call (866) 308-2378.

© 2006 Sage Software, Inc. All rights reserved. All other brands are trademarks of their respective companies.

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