IRVINE, CA -- (MARKET WIRE) -- November 20, 2006 -- Sage Software today announced Sage BusinessWorks
7 Accounting, the new version of the company's popular business management
solution featuring "Payroll Your Way." Sage BusinessWorks 7 integrates with
Sage Payroll Services, an outsourced, online U.S. payroll solution for
small and midsized businesses (SMBs). Sage Payroll Services gives users a
completely automated, outsourced payroll solution for customers looking to
take advantage of hosted services. Sage BusinessWorks 7 also features a
robust on-premise solution for in-house payroll processing with newly added
e-Filing capabilities and Print-n-Sign Tax Form creation powered by Aatrix.
These "Payroll Your Way" options give Sage BusinessWorks 7 users expanded
freedom of choice for handling payroll and associated tax compliance issues
safely and securely.
"Payroll processing consumes a lot of time and resources, both of which are
particularly scarce for small to midsized business owners," said Lorelei
Walker, president of Lorelei Walker, CPA, 2006 Business Partner of the Year
recipient for Sage BusinessWorks. "By automating more in-house tasks, plus
giving people the option of outsourcing the entire process, Sage
BusinessWorks 7 and "Payroll Your Way" are delivering exactly what my
clients need."
Built on a true Web-native architecture, Sage Payroll Services handles even
complex payroll and tax compliance needs with 24/7 access and real-time
reporting on demand. Sage Payroll Services automates the exchange of
payroll data with the Sage BusinessWorks 7 General Ledger and Cash
Management modules, eliminating the time-consuming task of manual data
entry and improving overall accuracy. Requiring only an Internet connection
to access, Sage Payroll Services ensures accurate, timely processing with a
meticulous system of checks and balances and comes with a penalty-free
guarantee.* Comprehensive outsourcing services include direct deposits for
multiple employee accounts; federal, state and local tax table updates;
filings and reporting; outsourced or on-demand check printing from the
desktop; plus optional year-end W-2 filing and printing.
e-Filing capabilities added to Sage BusinessWorks 7 enable small business
owners to maintain the control of processing their payroll in BusinessWorks
7, while enjoying the speed of filing payroll tax returns and even making
payments via the Internet. Plus, W-2 and 1099 processing services are now
available to print, stuff, and mail vendor/employee copies of W-2s and
1099s; eFile the state and federal copies; and provide plain paper copies
to business owners.
Print-n-Sign Tax Form creation greatly simplifies payroll tasks for Sage
BusinessWorks 7 users who choose to keep the entire process in-house.
Print-n-Sign Tax Forms enable users to automatically complete and print on
plain paper more that 250 forms for all 50 states and the federal
government, including 941, 940, 4-up W-2s, W-3, all 1099s, new hire
reports, state tax reports and much more. These signature-ready forms
minimize the need for preprinted forms, streamline the tax filing process
and greatly reduce the amount of time needed to produce returns and payment
coupons. Forms are updated quarterly so Sage BusinessWorks 7 users are
always in compliance, and every report is saved in its own history file for
easy retrieval.
"'Payroll Your Way' in the new Sage BusinessWorks 7 directly supports the
crux of what Sage Software delivers to all our customers, and that's an
outstanding selection of high-performance solutions that enable small and
midsized business owners to run their businesses their way," said Jim
Portner, Sage Software vice president and general manager of Sage
BusinessWorks.
More than 30 Other Enhancements
Current and new users of Sage BusinessWorks 7 will enjoy more than 30
enhancements, updates and additions designed to simplify business
processes, speed workflow and increase profitability. Top among other
feature enhancements in version 7 include:
Electronic Funds Transfer (EFT) Tracking -- The process of completing an
electronic funds transfer (EFT) has been streamlined to simplify recording
and tracking electronic payments. When users make Accounts Payable payments
and Payroll Tax Deposits by EFT, the payment can be logged in the system
and the corresponding confirmation number can be recorded improving the
ease of reconciling accounts and resolving payment disputes.
Enhanced Drop Ship Capabilities -- For distribution and warehouse
operations, selection of a customer or vendor's ship-to address has been
automated within the Purchase Order entry system. After selecting the
vendor or customer ID, users simply select a saved ship-to address, edit an
existing ship-to address, create a one-time address or copy the address
from a source document, such as a sales order or invoice. Sage
BusinessWorks 7 automatically populates appropriate fields within the
system to expedite the shipping process.
Copy Parts -- The new Copy Parts function helps expedite the process of
setting up new parts, components or subassemblies by allowing users to copy
the following fields from an existing item:
-- Part Description (all lines) -- Product Line
-- Ship Weight -- Primary Warehouse
-- Comments -- Inventory Item
-- Discount -- Back Orders OK
-- Fractional Cost/Price -- UPS® Shippable
-- Category Information -- Sales Promotion (Promo)
-- Pricing Matrix -- Vendors
-- Warehouses -- Components
-- Unit of Measure -- Bin Location
-- Taxable -- Fractional Quantity
-- Track Serial Numbers -- Pricing Method
Sage BusinessWorks
Sage BusinessWorks is a feature-rich, modular-based accounting solution
that helps small- to medium-sized businesses increase operating
efficiencies through process automation. The solution includes general
financial management modules for General Ledger, Accounts Payable and
Accounts Receivable, along with cash management, inventory, order entry,
payroll, job costing and utility functions. Sage BusinessWorks also offers
more than 200 built-in reports with graphical reporting capabilities, plus
seamlessly integrates with other Sage Software applications to create an
integrated front-office and back-office business solution that increases
productivity and profitability.
Sage Payroll Services
Sage Payroll Services provides full-service online payroll services and
payroll tax compliance processing that is secure, is available 24/7 and
comes with a penalty-free guarantee*. Built on a true Web-native
architecture, Sage Payroll Service works with any accounting system and
offers the added advantage of instant integration with Sage Abra HRMS, Sage
Accpac ERP, Peachtree by Sage, Sage MAS 90 ERP and MAS 200 ERP and now Sage
BusinessWorks. Sage Payroll Services costs approximately 20 percent less
than similar outsourced payroll service offerings from most vendors;
requires only an Internet connection to access; offers direct deposit for
multiple employee accounts; and provides outsourced or on-demand check
printing from the desktop.
Pricing and Availability
Sage BusinessWorks 7 is available now through your local Sage BusinessWorks
partner. For pricing and additional information, visit a local Sage
BusinessWorks partner, contact the Sage Software Sales Department at
800-477-5700 or visit
www.sagebusinessworks.com.
About Aatrix Software, Inc.
Located in Grand Forks, ND, Aatrix Software has been developing innovative
accounting software solutions since 1987. Originally founded to develop
Macintosh accounting and payroll applications, Aatrix's Electronic Forms
Division has established itself as a leader in payroll tax forms for
Windows®. Aatrix provides Electronic Payroll Reports and eFiling for
Windows® accounting software. Aatrix's finance software has received
numerous awards, including Software Digest's highest overall rating and
Home Office Computing Editor's Pick.
About Sage Software
Sage Software supports the needs, challenges, and dreams of more than 2.6
million small and midsized business customers in North America through
easy-to-use, scalable and customizable software and services. Our products
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 Software is a subsidiary of The Sage Group
plc, a leading international supplier of accounting and business management
software solutions and related products and services for small and midsized
businesses. Formed in 1981, Sage was floated on the London Stock Exchange
in 1989 and the Group now has 5.0 million customers and employs over 10,500
people worldwide. For more information, please visit the Web site at
www.sagesoftware.com/moreinfo or call (866) 308-2378.
*Sage Software, Inc. guarantees accurate, timely deposits and filings with
federal, state, and local agencies or the company will pay the resulting
payroll tax penalties incurred. Sage Software backs this promise as long as
the information provided is on time, complete, and accurate and accounts
are properly funded.
© 2006 Sage Software. All rights reserved. The Sage Software logo and the
Sage Software product and service names mentioned herein are registered
trademarks or trademarks of Sage Software or its affiliated entities.
Contact Information: Media Contact:
Stephen Moore
Sage Software
(949) 790-2040
stephen.moore@sage.com