Digital tools will be essential for businesses - MIDA | Malaysian Investment Development Authority
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Digital tools will be essential for businesses

Digital tools will be essential for businesses

21 Oct 2020

The Covid-19 pandemic has affected businesses globally, but has also given industry players an impetus to invest, especially in digital tools.

Sage Asia VP & MD Arlene Wherrett said many are grappling with the sudden enforcement of the Conditional Movement Control Order in parts of the country.

Another disruption to business operations, she said, will make businesses realise the value of digital tools that can assist businesses’ financial efficiency.

“Business recovery and innovation globally will depend on their ability to increase productivity and stay agile, to stay alert to new opportunities and to adapt to them.

“For that, digital tools will be essential. It has been an extremely challenging year,” she said in a statement yesterday.

Sage, the market leader in cloud business management solutions, has been recognised as the 2020 Malaysia Financial Accounting Software Vendor and 2020 Malaysia Enterprise Resource Planning (ERP) Software Vendor of the Year by global research and consulting firm, Frost & Sullivan.

“Receiving a Frost & Sullivan award for both the Financial Accounting Software and ERP Software Vendor of the Year attests to the value that Sage brings to customers and partners,” she added.

ERP software can be used to create and maintain a cohesive, multi-functional database, allowing multiple divisions, such as management and sales, to collaborate with real-time synchronisation, rather than wasting valuable time to manually process and create reports.

In Malaysia, Sage has helped over 500,000 small and medium enterprises (SMEs) with their business processes over the last 20 years.

An estimated 2.5 million payslips in Malaysia are processed utilising Sage Payroll and Sage EasyPay every month.

Its accounting software is taught in many Malaysian universities, with over 180,000 students having earned Sage UBS Accounting, Inventory and Payroll certification.

“Sage has demonstrated a robust Malaysia focus on its product line through localisation and customer value enhancement initiatives.

“This has enabled Sage to create a strategic advantage and achieve significant success in the Malaysian market,” said Frost & Sullivan senior director ICT Practice, Nishchal Khorana in reference to Sage’s win for the Malaysia ERP Vendor of the Year Award.

A market and technology leader in the field of accounting, payroll and ERP systems, Sage is compliant and present in 24 countries across six continents and serves 6.1 million customers.

Sage provides SMEs the visibility, flexibility and efficiency to manage finances, operations and people.

It is recognised for the digitalisation push in Malaysia’s accounting and finance landscape.

Source: The Malaysian Reserve Posted on : 21 October 2020