Business/Customer Intelligence & Data Science

Sage and Revolut partner to hand back three weeks of admin time to small business owners

Integration automates financial tasks, giving businesses a real-time view of their finances and the time to achieve their ambitions
business intelligence

Sage, a market leader in cloud business management solutions, has collaborated with Revolut to add another seamless account integration to its new, award-winning* Sage Accounting software for small businesses.

On average small businesses have spent 15 working days this year rekeying payments, reconciling their business accounts and correcting errors.  Sage and Revolut Business customers can now automatically reconcile their transactions to match their accounts in seconds, so that they can focus on the work that matters most.

With this automation, business owners no longer have to trawl through boxes of receipts, sift through statements or ‘guesstimate’ cash flow positions.  Simple, secure integration with their Revolut Business account means that small businesses can dramatically speed up their bookkeeping to put them in control of their business.

“Never have businesses needed time relief more.  Nobody started a business to reconcile their books every month,” says Neal Watkins, EVP Small Business Segment, Sage. “Small businesses will no longer need to process receipts and bank statements manually.  In 2020 the average business has spent three working weeks on such tasks.  That’s unacceptable when there is cloud technology that automates repetitive manual tasks so that the nation’s small business can spend time on surviving, growing and thriving. Hence why this collaboration with Revolut is so important; we look forward to supporting our joint customers and helping them operate more seamlessly.”

David Dinwiddie, Product Associate, Revolut Business said: “We believe in openness, transparency and innovation in the business financial space, which this collaboration is built on. We are delighted to work with Sage in this way, allowing our joint customers to seamlessly and safely pass transaction data into Sage, helping them operate more efficiently and effectively.”

 “Sage Accounting and Revolut work together perfectly. I save 10 hours of manual time every week as Accounting automatically imports and sorts my transactions. This allows us to focus on growing our small business and spending valuable time with our community and speaking to our customers,” Roisin Culligan, Brew Box Coffee Ltd and Sage customer.

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