BobWScott

BobWScott

SAGE POSTPONES PRICE HIKES AGAIN

Sage has postponed price increases for Sage 100 and 300 until September 30, the end of its fiscal year. The changes had originally been scheduled for March 1.

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COMPANIES FOCUS ON LIQUIDITY

With the pandemic hampering sales, businesses are emphasizing liquidity. Some notable examples include Intuit, which said on May 7 drew down its entire $1 billion credit facility “to maintain financial flexibility during this period,” the company said.

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SAGE NA REVS UP 5 PERCENT

North American revenue for Sage reached about $419.7 million, a 5-percent increase for the first half ended March 31. That was up 9 percent organically over last year's corresponding period.

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