Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Sage Group plc
  6. News
  7. Summary
    SGE   GB00B8C3BL03


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Sage : and Procore launch connector for Sage Intacct Construction

10/20/2021 | 11:30am EST

ATLANTA, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Sage (FTSE: SGE), the market leader in cloud business management solutions, and Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, today announced the launch of the Sage Intacct Construction and Procore Connector. This new integration builds on the existing Sage and Procore partnership, which features widely used existing integrations for Sage 100 Contractor and Sage 300 Construction and Real Estate. This is Sage and Procore’s first joint cloud-to-cloud integration, leveraging the strength of Sage’s industry-leading cloud-based construction accounting solution and Procore’s construction management solution.

The new Sage Intacct Construction and Procore Connector provides users with an intuitive and comprehensive view of their business, the ability to forecast confidently from the field, and real-time access to financial information from anywhere. It helps businesses create more streamlined processes that improve collaboration and efficiency while delivering enhanced capabilities to further accelerate cloud adoption and digital transformation.

“We strive to make it as easy as possible for contractors to integrate Sage products with the other solutions they are using,” said Dustin Stephens, Sage VP for Construction and Real Estate. “Our longtime partnership with Procore has played an integral role in this commitment. As more construction companies move their systems to cloud, the Sage Intacct Construction and Procore Connector builds upon the success of our previous integrations to deliver a truly best-of-breed cloud solution for the field and back office.”

"We're excited to grow our existing partnership with Sage by launching our new connector with Sage Intacct Construction," said Kris Lengieza, Vice President of Global Partnerships and Alliances at Procore. "Through bringing together our world-class cloud solutions, we're providing contractors and their accounting teams with improved access to financial data in real-time. Construction professionals using Procore with Sage Intacct Construction can trust that they have the most accurate and up to date information shared between the jobsite and the back office to deliver their projects on time and within budget."

Sage Intacct Construction combines the proven cloud platform of Sage Intacct with the 50 years of experience from Timberline Software (now known as Sage 300 Construction and Real Estate) to meet the unique needs of the construction industry. Built as a native-cloud solution, Sage Intacct Construction empowers construction financial managers to make critical financial decisions.

Sage Intacct Construction enables industry professionals to manage costs and productivity in real-time, from any location, and reduces typical financial consolidation from 100+ hours down to just minutes. Sage Intacct Construction not only simplifies and automates accounting tasks, but it also provides real-time business insights.

The integration runs on Procore’s award-winning platform. To learn more about the connector, sign up for our upcoming webinar.

Media contacts:
Natalia Fuscoe

Additional resources:
Like Sage on Facebook
Follow Sage on Twitter
Connect with Sage on LinkedIn
Follow Sage News at http://www.sage.com/company/news-and-events

About Sage
Sage is the global market leader for technology that provides small and medium businesses with the visibility, flexibility, and efficiency to manage finances, operations, and people. With our partners, Sage is trusted by millions of customers worldwide to deliver the best cloud technology and support. Our years of experience mean that our colleagues and partners understand how to serve our customers and communities through the good, and more challenging times. We are here to help, with practical advice, solutions, expertise, and insight. Learn more at www.sage.com/en-us/ and www.sageintacct.com.

About Procore
Procore is a leading provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore'sApp Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe. Learn more at www.procore.com.

Primary Logo

Source: Sage

2021 GlobeNewswire, Inc., source Press Releases

Stocks mentioned in the article
ChangeLast1st jan.
PROCORE TECHNOLOGIES, INC. -1.64% 79.66 Delayed Quote.0.00%
SAGE GROUP PLC -0.69% 776.2 Delayed Quote.32.92%
All news about SAGE GROUP PLC
11/26SAGE : for Accountants brings proposal to advisory management to uk practices
11/25HOW IT STARTED : Lockdown. How it's going: We made cricket more accessible
11/24SAGE : Full year 2021 Presentation
11/24HOW IT STARTED : I lost 90% of my business in a week. How it's going: 800 orders a week an..
11/24SAGE : Why your small business needs an accountant in a digital world
11/24SAGE : for Accountants brings end-to-end proposal-to-advisory management to UK practices
11/23HOW IT STARTED : Furlough. How it's going: We made £1m in revenue in five months
11/23SAGE : improves banking features for Sage Accounting customers
11/23SAGE : 7 top tips for filing your Self Assessment tax return
11/22HOW TO FILE A SELF ASSESSMENT TAX RE : A step-by-step guide
More news
Analyst Recommendations on SAGE GROUP PLC
More recommendations
Sales 2021 1 848 M 2 465 M 2 465 M
Net income 2021 246 M 328 M 328 M
Net Debt 2021 121 M 161 M 161 M
P/E ratio 2021 36,4x
Yield 2021 2,28%
Capitalization 7 915 M 10 540 M 10 557 M
EV / Sales 2021 4,35x
EV / Sales 2022 4,24x
Nbr of Employees 11 647
Free-Float 92,4%
Duration : Period :
Sage Group plc Technical Analysis Chart | SGE | GB00B8C3BL03 | MarketScreener
Technical analysis trends SAGE GROUP PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 23
Last Close Price 773,60 GBX
Average target price 741,90 GBX
Spread / Average Target -4,10%
EPS Revisions
Managers and Directors
Steve Hare Chief Executive Officer & Director
Jonathan Anton George Howell Chief Financial Officer & Executive Director
Andrew James Duff Chairman
Aaron Harris Chief Technology Officer
Lee Perkins Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
SAGE GROUP PLC32.92%10 540
SAP SE7.46%153 798
SERVICENOW, INC.18.01%129 257
DOCUSIGN, INC.12.29%49 107
HUBSPOT, INC.102.67%37 964