Sage has announced the launch of Sage Copilot, its proprietary generative AI-powered productivity assistant, designed to help SMBs manage HR, payroll and other accounting processes.
The company has positioned its AI Copilot as a trusted team member for CFOs, accountants and other HR leaders, capable of handling tedious and repetitive administrative tasks while making insightful recommendations.
The GenAI tools are also poised to provide businesses with improvements in operational efficiency by freeing up employees to spend more time on tasks that deliver higher returns.
Sage Unveils AI Copilot for SMB Accounting
Sage Copilot’s capabilities extend to forecasting, cash flow management, and invoice generation. Unsurprisingly, anyone with even the slightest bit of AI experience can interact with the tool using natural language prompts.
In addition to accuracy, security and strong support, Sage promises compliance with data protection regulations and robust encryption measures to keep user data safe.
Sage CEO Steve Hare said: “It’s not just an AI feature; it’s a commitment to building a future where businesses can focus on their goals, powered by AI they can trust from Sage.”
Hare continued to highlight some key benefits: “Sage Copilot will provide users with proactive options to improve cash flow; This includes suggestions to accelerate customer payments, increase working capital and support smarter financial decisions.”
Despite being primarily a Sage tool, Sage promises to integrate Copilot with other apps like Microsoft Office, adding an extra layer of financial context.
Sage Copilot will be available in the UK later in 2024 as part of the Sage for Small Business and Sage for Accountants suites, with exclusive early access capabilities for registered Sage customers who log into the company’s Sage software. website.