Sage expands UK's SMB access to AI financial assistant

Sage has announced the expanded availability of its generative AI-powered assistant, Sage Copilot, to small and medium-sized businesses (SMBs) in the United Kingdom.

Sage Copilot, integrated within Sage Accounting, is designed to assist SMBs by providing proactive insights on tax regulations, profitability, overdue payments, and customer activities. The aim is to enhance business efficiency by monitoring business data continuously, improving cash flow control, and identifying errors and opportunities that may otherwise be overlooked.

Nikola McNicol-Kenney, Vice President Small Segment at Sage, stated, "By listening to our customers during early access, we've refined Sage Copilot to deliver exactly what SMB need. Early adopters of Sage Copilot have told us it's like having an extra pair of hands in the office, saving them hours each week and providing clarity on their finances. We're proud of how Sage Copilot is already enhancing how small businesses work and remain focussed in continuously improve and bring new features to help them thrive today and in the future."

The development of Sage Copilot involved close collaboration with customers to ensure that it aligns with real-world needs, encourages adoption, and builds trust in AI-driven solutions. Sage's report, "Small Business, Big Opportunity," highlights that 85% of small businesses view digital technology as essential, with 74% recognising AI as crucial to their operations.

Sage Copilot functions as a trusted partner for businesses, employing generative AI alongside Sage's financial expertise to provide insights and automate routine tasks. It offers adaptability to the evolving needs of businesses helping them to work more efficiently.

Along with Sage Copilot, Sage is enhancing its AI-powered capabilities to streamline receipt and invoice processing for SMBs. This involves automating the extraction and pre-filling of key details, checking for duplicates, and suggesting supplier and tax details for more accurate processing.

Gareth Pedley, Managing Director of Watsons Anodising Ltd, commented on the benefits of Sage's tools, saying, "Sage is helping us to make the most effective decisions for our business with its range of business tools combined with the power of its AI capabilities. It is truly revolutionising our business operations, and we are already saving over five hours per week on managing our finances and people admin. We're really excited about how Sage Copilot can save us even more time and push our business forward. It's like having an extra pair of hands in the office."

Sage continues to integrate its accounting, payroll, and HR tools into a unified solution. This approach aims to simplify administrative tasks, allowing business owners to focus more on strategic growth elements. The company ensures that its products collaboratively maximise value and efficiency for SMBs.