Sage Intacct revenue led growth for the Sage Group for the year ended September 30. The cloud-based operation had approximately $154 million in revenue in the United States for the most recently ended year, an increase of 28 percent over fiscal 2018. 

Sage has agreed to sell Sage Pay to Elevon, a payments subsidiary of U.S. Bancorp for around $300 million in cash. The agreement will take Sage out of the payments business.

Payments software company Bill.com is ready to go public. The company this week filed a form S-1 for an initial public offering with the number of shares to be offered yet to be determined.