For Immediate Release
Sage and iLumen Partner to Bring Big Business Analysis Capabilities to Small Firms in Peachtree 2010
Atlanta, GA, May 19, 2009– Sage announced today the availability of the Peachtree by Sage 2010 product line, offering new features and improvements that bring greater visibility, enhanced analytics, and increased productivity to small businesses. Through a unique partnership with iLumen, small businesses who use Peachtree 2010 will have seamless access to financial analysis and comparative benchmarking capabilities specific to their industry, their geography, and small businesses overall.
With the new Business Analytics1 feature in Peachtree, powered by iLumen, small businesses can:
- See how their company is performing compared to other companies, using the new customizable company Performance Monitor dashboard.
- Use this tool to improve financial health and make critical decisions. Get instant access to view up-to-date key financial trends in order to compare items such as Total Revenue, Gross Margin%, Days Sales Outstanding, and much more.
"In the past, access to this kind of financial analysis and benchmarking data with iLumen's service was primarily only available to banks and accountants, who in turn used it when working with clients," said Connie Certusi, general manager, small business accounting solutions, Sage North America. "We're thrilled to arm our small business and accountant customers with this powerful analysis tool, to help them gain a clear picture of where they are, where they are going, and where opportunities exist."
With Business Analytics, small businesses gain access to many of the same powerful capabilities that are used by leading banks, accounting firms and larger businessess to provide financial insights and trend analyses. The feature is included for Peachtree users, making it a tremendous value for small businesses and accountants alike. They will be able to access relevant financial analysis, compare their own business performance against their industry's performance, and gain a deeper understanding of their own business challenges and opportunities.
"We are delighted to partner with Sage and power the Peachtree product with our analytic and benchmarking capabilities," said Michael Canzian, President, iLumen. "We have packaged our service to be "inside the box" with Peachtree, making it a very unique and powerful deployment of the iLumen capabilities for their users."
Pricing and Availability
Business Analytics, powered by iLumen, is available across the Peachtree 2010 product line. Peachtree Premium Accounting 2010, Peachtree Complete Accounting 2010, Peachtree Pro Accounting 2010 and Peachtree First Accounting 2010 are now available direct from Sage and will be available from most computer retailers and office supply stores in mid-June. The suggested retail price for Peachtree Premium Accounting 2010 is $499.99, Peachtree Complete Accounting 2010 is $299.99, Peachtree Pro Accounting 2010 is $199.99, and Peachtree First Accounting 2010 is $99.99. The Multi-User Value Pack (5 seat license) of Peachtree Complete Accounting retails for $699.99, while the Peachtree Premium Accounting 2010 Multi-User Value Pack (5 seat license) can be ordered direct from Sage for $1,199.99. Peachtree Quantum and the industry-specific solutions for accountants, distribution, nonprofits, construction, and manufacturing are now available direct from Sage Software, selected resellers, and hundreds of Peachtree Certified Consultants nationwide. The manufacturer's suggested retail price for the industry-specific editions of Peachtree by Sage Premium Accounting 2010 are $499.99 for single user and $1199.99 for multi-user (5 seat license). 10, 15, 20, 30 and 40 seat licenses are available for Peachtree Quantum, which starts at $4450.00 for new customers, $3975.00 for upgrading customers. High value competitive rebates are available from Sage for customers on other small business accounting packages. Call 800-228-0068 for more details.
iLumen Inc. provides technology to capture, standardize, analyze and distribute company financial data in order to solve critical problems in risk management, relationship management and financial oversight within the banking, accounting corporate , and small business environments. iLumen's services are based on a proprietary business intelligence and data mapping engine that delivers clean, accurate and timely customer data to enable efficiency, customer intelligence, and competitive advantage. For more information visit www.ilumen.com or call 888-663-8003. iLumen(r), iDEA™, Portfolio Connection™ and Customer Connection™ are trademarks of iLumen Inc., all rights reserved.
About Sage North America
Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. At Sage, we live and breathe business every day. We are passionate about helping our customers achieve their ambitions. Our range of business software and services is continually evolving as we innovate to answer our customers' needs. Our solutions support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage North America employs approximately 4,100 people and supports 2.9 million small and medium-size business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs more than 14,500 people and supports more than 5.8 million customers worldwide. For more information, please visit the web site at www.sagenorthamerica.com or call 866-308-2378.
1 Internet access required. Service is embedded within Peachtree 2010, however is also available for Peachtree 2008 and 2009 products via a separate application download from www.peachtree.com.
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2009 Sage Software, Inc. All rights reserved. Sage, the Sage logos, Peachtree, and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.