The deal includes new Sage products built on Microsoft platforms and closer integration across the two companies’ respective product portfolios.
Sage said it will deliver next-generation accounting and bookkeeping productivity tools built on best-in-class Microsoft cloud solutions.
Through this agreement, Sage will be able to help small and medium businesses by giving access to the full extent of the two companies’ resources and technology.
“We’re imagining what could be made possible for Small & Medium Businesses if our two organizations worked more closely together on a global scale,” said Alan Laing, EVP, global strategic partnerships and alliances at Sage.
Sage and Microsoft have enjoyed a strategic relationship for the past two decades. Moreover, Sage is also a key customer for Microsoft Office 365, Microsoft Windows and Microsoft Azure.
Sage asserted that today’s announcement extends the relationship to deliver cloud, on-premise and hybrid solutions at a global level.
“We’re pleased to be growing our relationship with Sage, building upon their work with Azure, and extending it to the Office 365 platform,” said Julia White, general manager of Office 365 Product Marketing, Microsoft.
Earlier in September, Sage had said it is considering SME as an important market to the company’s long terms prospects. It has identified the need for more software that can help increase productivity and efficiencies.