Sage hosted an exclusive forum in Dubai examining the role of business intelligence and the impact of value-added tax (VAT) on UAE businesses.
The ‘Embrace Your Digital Destiny with Sage Business Cloud’ forum saw industry leaders from the ranks of enterprise clients’ C-suite and senior executives come together for a series of thought-provoking conversations.
During the event, the FTSE 100-listed company unveiled Sage Business Cloud, its latest suite of small business accounting, advanced financial management and industry-specific enterprise management software. Catering to the needs of modern companies, the cloud-enabled platform helps businesses boost productivity and efficiency. Regarding UAE-specific requirements, Sage products can provide business owners with more control in managing their operations and can assist them in achieving VAT compliance.
Pieter Bensch, Executive Vice-President for Africa and the Middle East at Sage, said: “With innovative, purpose-built solutions using the very latest technology, Sage cloud applications are the only business management solution that companies will ever need for every step of the journey.”
Speaking on the impact of VAT on UAE-based firms, Mansoor Sarwar, Regional Technical Director for the Middle East at Sage, said: “Investing in a cloud-enabled accounting solution can streamline the VAT collection, record-keeping and reporting processes. Sage has proven to its partners that implementing such a solution need not be an expensive or tedious undertaking.”
The digital revolution driven by the Internet of Things (IoT) and self-service cloud was also a key discussion point at the forum. IoT promises a world where all humans and objects are connected and communicate with each other via Wi-Fi and the cloud.