Peachtree by Sage Offers Enhanced Business Analytics and Increased Productivity for Small Construction Firms


Products go beyond accounting with solid construction-specific functionality and analysis tools for small firms and specialty contractors

Atlanta , GA - May 19, 2009 - Sage North America announced today the availability of the Peachtree by Sage 2010 product line, which includes the new version of Peachtree by Sage Premium Accounting for Construction and Peachtree by Sage - Quantum. The Peachtree 2010 line offers flexible new tools and personalized features designed to improve visibility and access to help small businesses make more informed decisions.

"In this unpredictable economy, clear understanding of where a business stands and where opportunities exist is more important than ever," said Connie Certusi, general manager, small business accounting solutions, Sage North America. "To help with this, in Peachtree 2010, we're introducing Business Analytics, powered by iLumen, that will enable construction firms to benchmark their own performance compared against their industry, and against other small businesses overall. In a time when many small firms lack the resources to perform their own market research, this tool will prove invaluable in helping them to gain the understanding they need to compete more effectively in a rapidly changing market."

Other new features in Peachtree 2010 include:

o Inventory Management: New features in inventory management help small businesses save time by being able to search on inventory information in the description for sales, purchases, or item notes fields. Small businesses also now can see easily what customers are buying with the new Item Sales History by Customer report.

o Customer Management Center: Particularly in the current economy, customers are small businesses' most precious asset. The new Customer Management Center helps small businesses view customer details in one place, with customizable dashboard views, enhanced lookups and easy export to Microsoft® Excel® or PDF to manage more effectively and provide excellent customer service.

o Business Analytics, Powered by iLumen1: Understanding a business's performance relative to peers-where it stands and where opportunities exist-is more critical than ever. In the 2010 line, Peachtree features Business Analytics, powered by iLumen, that enables small businesses to benchmark their own financial performance against others in their industry, in their geographic area, and other small businesses overall. This capability is ideal for companies that lack the resources to do their own research.
Other new features include the ability to have multiple companies open at once2, multiple contacts per customer3, automatic backup, improved employee management, and password security, to help maintain data integrity.

Using Peachtree Premium Accounting for Construction, construction-based small businesses can track progress billing, calculate labor burden, monitor insurance expiration dates, and employment verification status, and companies using an accrual based accounting method can also manage retainage payables and receivables.

With Peachtree Premium Accounting for Construction, start up is simplified with the Set up Wizard and sample charts of accounts; the updated in-product advisor helps users learn the best way to work within Peachtree to get their jobs done. Strong security features, reporting options, quick access to data and tight integration with Microsoft Office applications offer small construction companies an accounting package that goes beyond to help them streamline operations and better manage business cycles to generate positive results.

Also available is Peachtree by Sage - Quantum 2010, the most comprehensive application in the product line, offering exclusive new features supporting order process workflow and customization enhancements, as well as more users. It is an excellent choice for firms that need additional capacity-up to 40 users-or transactional volume, at an affordable price. Peachtree Quantum offers the simplicity of an integrated accounting solution, with unrivalled performance and unmatched capacity in its class: twice as fast for transaction saves and report generation than its nearest competitor, and with this release, capacity for up to 40 named users4.

Included with Peachtree Quantum is Peachtree Business Care5, an extensive service plan that includes all the product updates and upgrades that become available within 12 months of the product purchase date, access to online training, and one year of unlimited6 access to Customer Support. The Peachtree Business Care Plan is unique at the small business level, and something typically only available with more expensive mid-market solutions.

For construction-related companies that require additional scalability, functionality and customization, the company also offers Sage Timberline Office and Sage Master Builder products.

Pricing and Availability

Peachtree by Sage Premium Accounting for Construction 2010 and the industry-specific solutions for accountants, distribution, nonprofits, and manufacturing are now available direct from Sage, selected resellers, and hundreds of Peachtree Certified Consultants nationwide. The manufacturer's suggested retail price for Peachtree by Sage Premium Accounting for Construction 2010 single user is $499.99 and for multi-user (5 seat license) is $1199.99. 10, 15, 20, 30, and 40 seat licenses are available for Peachtree Quantum, which starts at $4450.00 for new customers, $3975.00 for upgrading customers. High value competitive rebates are available from Sage for customers on other small business accounting packages. Call 800-228-0068 for more details.

About Sage North America

Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. At Sage, we live and breathe business every day. We are passionate about helping our customers achieve their ambitions. Our range of business software and services is continually evolving as we innovate to answer our customers' needs. Our solutions support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage North America employs approximately 4,100 people and supports 2.9 million small and medium-size business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs more than 14,500 people and supports more than 5.8 million customers worldwide. For more information, please visit the web site at www.sagenorthamerica.com or call 866-308-2378.>

1Internet access required. Service is embedded within Peachtree 2010, however is also available for Peachtree 2008 and 2009 products via a separate application download from www.peachtree.com.

2When opening more than one company performance is not impacted; however, you will experience reduced product functionality in those companies opened after the first one.

3There is a maximum of 20 ship to addresses and 1 billing address per customer. Only 2 contacts per customer can be synced with Outlook.

4Multi User licenses available in packs of 10, 15, 20, 30, or 40. A maximum of 40 licensed, named users is allowed. Only the first 40 named users selected in the user maintenance screen are considered licensed, named users.

5The Peachtree Business Care Plan (which includes product upgrades, updates, and customer support) will be renewed automatically each year on the anniversary date of your purchase unless you terminate your agreement prior to that date. Renewal is not required to continued access to product updates for supported versions.

6Support Specialists are available from 8:30 a.m. until 8:30 p.m. ET Monday-Friday, and reserve the right to limit calls to 1 hour or 1 incident.

©2009 Sage Software, Inc. All rights reserved. Sage, the Sage logos, Peachtree, and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.

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