The Sage Group plc has announced partnerships with Lloyds Bank plc and Satago, alongside ADP, a leading provider of HR and Payroll software and services .
It confirmed the three-way partnership between Sage, Lloyds Bank plc and Satago will offer “fast and flexible access to cash from unpaid invoices, helping small businesses better manage cash flow”.
It added that the collaboration with ADP will aim to boost productivity and performance and will also see Sage customers able to access instant financing from Lloyds Bank, based on the value of unpaid invoices – regardless of payment terms.
Aziz Benmalek, president of Sage Group plc, said: “What the past two years have taught us is that there is no turning back on digitalisation. As part of our digital network, we are uniquely placed to support customers with best-in-class solutions, making it simpler for them to do business.
“The partnerships we have announced today with Lloyds Bank plc, Satago, and specifically ADP offer our resellers the opportunity to put enterprise-grade solutions into the hands of SMB customers.”