For Nadia, Sage's co-pilot is an essential ally when it comes to dealing with the chores that most small businesses waste time.
Nadia is a volunteer treasurer at Hammersmith's rowing club and uses the co-pilot of sage to automatically detect when your invoice will expire.
Each week, Sage Copilot saves her five hours, she estimates — and Sage's customers report that they'll be paid a week in advance by using the feature.
“We're looking forward to seeing you in a new way,” said Lisa Ewans, Senior Vice President of the Newcastle-based accounting software company.
'Sage Copilot runs automatically in the background, and when you click the button, Sage co-pilot is behind the payment and chases after the customers who help you pay. ”
Small businesses can customize the tone of emails chasing their bills, so they sound like them and have control over how AI works.
Sage Copilot helps small business owners maintain their finances and manage their cash flow. It helps business owners to find duplicate account payments and other errors, common issues, and trends that can affect your business.
From merchants to coffee shop owners
Sage Copilot helps small business owners maintain their finances and manage their cash flow
Sage Copilot has a huge amount to offer businesses in many areas. For example, trade piepur often spends quite a bit of time chasing late payments.
Merchants can use the time saved to focus on finding new customers or delivering to existing customers.
Sage Copilot allows small business owners to confidently cover their finances. From chasing your invoices to catching duplicate payments and errors, you'll find trends that can affect your business.
Also, when identifying changes such as price increases, Sage Copilot provides clear, timely alerts, allowing you to act quickly and confidently make decisions.
For other business owners, such as CAFE owners, the ability to easily find duplicate payments within VAT returns, or misclassified payments allow business owners to submit returns with peace of mind.
Lisa Ewans said: “Because the focus is on identifying errors in data, Sage Copilot automatically alerts business owners, for example, by duplicating transactions. This gives business owners the confidence to quickly sign off returns and saves time.
Sage is a British business with global headquarters in Newcastle and bred. Meanwhile, it has worked closely with companies from all sectors to develop financial AI that understand their challenges, solve real-world challenges, and bring real value to businesses.
I'll help you with the details
For accountants and bookkeepers, Sage Copilot offers other benefits and helps deal with both tax returns and “know your client” (“KYC”) checks.
Sage experts have identified the real “problems” faced by accountants and bookkeepers. They often spent a lot of time chasing their clients through receipt documents and paper copies.
Instead of chasing clients over the phone and email, Sage offers automated assistance with documents and bookkeepers that require tax returns and KYC processes.
Ewans said: “One of the biggest issues I hear from accountants is that I spend a lot of time chasing documents, deals that have not been properly submitted, paper copies of receipts.”
Sage has created a workflow specifically designed to help accountants and bookkeepers reduce the time they spend chasing customers for information.
Instead, Sage Copilot automatically contacts the customer to request information, and the customer uploads a receipt (for example) as an image.
This means that accountants need to reduce the time they spend chasing customers via email.
I trust AI
In Sage's case, it was important that companies could trust AI software to deliver safely, personally and effectively. Sage's AI Trust Label is a direct response to this. It is designed to provide customers with clear, accessible information about how AI works across Sage products.
The Sage Copilot was built in the UK and was built from scratch with the business needs of this country in mind.
Ewans said: “We know that trust is really important to our customers. We don't have to be a huge Silicon Valley company to provide our customers.
“We have 40 years of experience working with small businesses, and 400 UK-based engineers and data scientists will build Sage co-pilots to provide AI co-pilots focused on the real needs of SMEs today.”
