FISPAN celebrates 600 Sage users milestone
We are thrilled to announce a significant milestone: we now have over 600 Sage users benefiting from our embedded ERP-banking services!
Vancouver, July 16 2024 – Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, shares our vision of empowering businesses with innovative solutions. Together, we have formalized our joint go-to-market efforts to provide better banking services directly within our clients’ ERP systems.
Our partnership with Sage has been instrumental in providing enhanced ERP-banking services, enabling businesses to simplify their accounts payable and reconciliation processes by seamlessly integrating banking directly into their Sage Intacct ERP system.
Chip Mahan, Sage’s Global Commercial Head of Fintech, Payments & Banking, has previously emphasized the pivotal role this partnership would play in shaping a more resilient financial future for Sage users:
“This collaboration with FISPAN underscores our dedication to empowering customers to stay ahead by facilitating direct integration with their banks, optimizing payment and cash management cycles, and maximizing working capital. Together, we’re poised to shape a stronger financial future for organizations worldwide.”
–Chip Mahan, Global Commercial Head of Fintech, Payments & Banking at Sage
Since our partnership with Sage began in 2020, we’ve witnessed a consistent uptick in the adoption of FISPAN’s embedded solution among Sage users. This growth has been particularly notable since FISPAN officially became a Sage Tech Partner Plus and the recommended Bank Feeds solution of Sage in 2023. The adoption of our solution among Sage users has experienced a remarkable surge, with a staggering 225.58% increase from 2022 to 2024.
Currently, 82% of those 600 Sage users are benefiting from FISPAN’s bank feeds solution. The trend of employing bank feeds for reconciliation has gained considerable traction in recent years, fundamentally altering how businesses manage their financial data. Bank feeds provide a seamless and automated method for importing bank transactions directly into accounting systems, obviating the need for manual data entry and mitigating the risk of errors. This integration accelerates the reconciliation process, enhances reliability, and reduces the burden on finance teams, freeing them to concentrate on strategic initiatives rather than mundane administrative tasks.
Brittany Russell, CEO of Strategic Accounting Outsource Solutions (SAOS), is an advocate for our bank feeds product, which she employs daily to reconcile her clients’ accounts. She emphasizes how it has revolutionized her business operations and bolstered efficiency.
“Since FISPAN was integrated into Sage Intacct, it has exceeded my expectations, alleviating my concerns about missing data, duplication, and operational inefficiencies. I can confidently say that FISPAN is ten times more reliable, and I wholeheartedly recommend it to anyone facing similar challenges. It has significantly enhanced our day-to-day operations.”
–Brittany Russell, CEO of SAOS
As we reach this exciting milestone, we want to extend a heartfelt thank you to our amazing clients and partners for their ongoing support. We’re excited to keep pushing the boundaries of innovation together and shaping a more efficient and connected future for businesses around the world.