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February 12, 2016updated 04 Sep 2016 10:20pm

Apple, Sage offer SMB real-time accounting with Sage Live for iOS

News: You can now get simple accounting solutions straight to your Apple Watch.

By CBR Staff Writer

Sage and Apple have formed a partnership that will see some of Sage’s products become available exclusively on iPhones and iPads.

Sage Live is the first in a series of solutions the two companies will collaborate on for small businesses. It will only be available on iOS devices via the App Store.

The new Sage Live for iPad, iPhone and Apple Watch is claimed to offer significant advances in real time business management and enhance efficiency as well as effectiveness across the entire supply chain for small and medium business users.

Sage Live will allow small businesses to have real-time access to their critical accounting information in Sage and their customer data present in Salesforce.

Under the partnership, Sage will work with Apple to help educate small and medium sized businesses about the mobile technology benefits.

Sage EVP of global strategic partnerships and alliances Alan Laing said: "Mobile and cloud technology is revolutionising the way small and medium businesses work, giving real-time decision making for the first time ever, reducing costs and democratising access to business management tools.

"iOS is the leading mobile platform for business users and we are deepening our commitment to iOS by delivering our new Sage Live solution for iOS that provides simple, insightful accounting and payment services to Small & Medium Sized businesses."

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Earlier this month, Sage launched its Salesforce based cloud and mobile accounts platform in the UK.

Sage Live for UK entrepreneurs and accountants is a cloud accounting solution that is designed to give SMB’s a real-time source of information.

Sage Live has been made available on subscription which starts at £15 a month per business users and £30 a month per full user for the Sage Live Essential package.

Sage announced a small decline in profits, despite an increase in revenue for the year ending 30 September 2015.

Revenue increased 6.1% to £1.44bn, from £1.35bn the year before, but operating profit declined 0.8% to £297m, from £300m.

The company’s organic operating margin on a revised based grew 27.1%, from 26.5%, while organic operating profit on a revised basis increased to £380m from £350m.

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