Accounting, assurance, and agentic - Sage Group CEO Stephen Hare sets out his stall to meet Finance customer needs

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At the halfway point of its fiscal year, for the six months to the end of March, Sage reported 10% year-on-year growth in statutory revenue to £1.36 billion and a 15% rise in statutory operating profit to £293 million.

CEO Stephen Hare devoted much of the post-earnings conference call with analysts to highlight progress in embedding AI into customers day-to-day work, citing the example of Scott Krug, SVP and CFO of the New York Yankees, who at the Sage Future Conference in San Francisco last month spoke of Sage’s products giving “his team clarity, insight and the confidence they need to make the big calls such as when they sign players for hundreds of millions of dollars.

That might be a customer in a highly-specific business sector, but the use case is how Sage meets the real-world needs of CFOs, controllers and business owners and why customers want to adopt...

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