View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 8, 1998


By CBR Staff Writer

Pegasus Group Plc, the UK financial software company, has to work hard to prosper in a market dominated by Sage Group Plc, and it has beefed up its Capital Gold accounting package, which is aimed at small to medium-sized enterprises. Version 2 has bill of materials and job costings modules and the 32-bit Year 2000 compliant package is Microsoft Office compatible so that information can be easily transferred into Word or Excel if necessary. Pegasus has strong support among accountants and the academic community and it increased revenues by 33% to 7.4 million pounds in the six month to June 30 (CI No 3,483). Pre-tax profit, however, fell 13% to 632,000 pounds partly as a result of the cost of developing new software. Next month Pegasus will launch its new 32-bit modular software package, called Mpower, designed to appeal to larger clients.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy