September 2018 UPDATES: The Sage 50 2019 release, digital risk planning, Sage Drive 101, 5 ways to maximize ROI, Upcoming Oct Training & more!

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What's coming up? Why it's the….

Sage 50CA 2019.0 Release!

The official launch date is set as October 1st, 2018, Sage Accountants Network  members should expect to see the prompt to download the new 2019.0 version on October 3rd, 2018. The controlled release for clients (starting with those on Quantum) will start as of October 9th, 2018.

This version includes integrations in two key areas:

 

Check out this video for full details on what's new with Sage 50 2019.0 (we'll also blog about this soon!):

This month we explored :

Digital Risk Planning: 5 Steps to Improving Cybersecurity

Make sure that you're capturing your business intelligence and storing it in a safe place. It's easier than ever to document things digitally and to keep them around forever. Businesses are more and more dependent on internal intelligence. It's an asset that needs safeguarding and strategic management. While your employees might be the heartbeat, the intellectual property is the brain.  Read more here, but the main points were: 

  1. Identify the ways technology affects your operations and sales.
  2. Assess specific risk, where are you most vulnerable?
  3. Control what you can, hire experts, stay current on patching
  4.  ***Purchase cyber liability insurance ***
    • the cost is based on your industry, your annual revenue, and your controls.
  5. Monitor your plan

Sage Drive 101: Top 3 tips & tricks for Success!

The transactions you save to your Sage 50 are instantly saved to your hard drive, but the syncing to the cloud copy might take a minute or so--longer if you have slow internet. So when using it, our #1 tip is to be patient, read on here for more details about how to test your internet speed  and how to check your automatic backup settings.

5 ways to maximize ROI in your business!

"Are you the Chief Rainmaker? Meaning, does the sale stream flow through you? Perhaps you're the Chief Firefighter - the one dealing with those pesky, regularly occurring problems, and impromptu needs? Or are you the Head of State - the face of the business? Does the reputation of the brand drive through you? Are you the Genius, do the products, services, and proprietary work come from your brain? If not the Genius, then the Innovator- the source for all reinvention of new products, services, and direction? If any of these key, unofficial roles resonate with you, you might want to reevaluate how you view yourself." - Dan Weedin, Protecting Profitability by Reducing Financial Risk provides us with five ways to ensure that your company is maximizing Y-O-U.

Check them out here!

Upcoming Sage 50cloud Training Schedule for October 2018

We have a variety of $49 product training modules (webex - online) and $199 (virtual) boot camps available for end users next month. Virtual Hands-on Classes are also available. Tell your clients! Get the full details here.

Finally, we explored

Future trends: what's new in the subscription world & at Sage?

 "For the Worldwide Payments and Banking team, we're taking on the challenge of helping business builders get paid faster and easier with Sage Business Cloud Payments and Banking solutions." -  Smith, Seamus EVP Payments & Banking 

On trends in the accounting profession  Jennifer Wawara, EVP of Partners and Alliances at Sage, shares that "the tech trends and challenges in business have been the same" for the last several years " machine learning and AI topics have dated back to the late 1950s… but the time is now!..."  Check out the Sage Advice podcast interview with Jennifer Wawara here.

That's all for now, thanks for reading!

      

For more resources visit: Sage Product Support Resources for help with products in North America

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  • Sage50 accountants addition 2018 my employees (users in Sage Drive from remote locations) had the ability to reconcile bank statements and change accounting periods.  Now in Sage50 2019 they cannot because they are required to pause sharing and are not allowed to perform this task.  Support told me to tell them my credentials so they may log on as owner.  This is not working from me because if they are logged in as me (owner) I cannot log into SageDrive.  This seems to be a design flaw.  I was given no notice that my employees would not be able to perform task that I assigned to them and I feel Sage overstepped the boundaries.  I had planned on setting up a server but Sage salesperson said "Oh no you don't have to do that.  That is what Sage Drive is for"  Now I feel I was lead to believe that SageDrive would work for me and it is not.