Sage Report June 2024 | Page 9

Satago : Pioneering Financial Solutions for SMEs
Satago is revolutionising SME cash flow management by building cutting-edge fintech to automate invoicing and financial insights
Satago is a fintech platform that streamlines cash flow management for small and medium-sized enterprises ( SMEs ). By offering a suite of integrated tools that automate and optimise financial tasks , Satago provides comprehensive solutions to enhance how businesses handle finances , particularly in invoicing and credit control .
At its core , Satago focuses on helping SMEs manage cash flow efficiently . It works directly with these businesses , building technology to provide realtime insights into customer risk , manage overdue invoices , and facilitate instant access to invoice financing directly through the platform . Satago ’ s dual approach also extends to partnerships with corporates and banks , including a longstanding collaboration with Sage , which fully embeds their technology into the platform , to help its SME clients manage cash flow more effectively .
Enhanced User Experience and Efficiency
Satago ’ s direct integration into Sage allows for a seamless user experience , enabling businesses to easily manage their customer bases and access necessary financing tools . This setup not only saves businesses time but also cuts costs by consolidating multiple financial functions into a single platform , making the processes more transparent and sustainable for SMEs .
Looking forward , Satago is set on leveraging its success and expanding its reach . The company aims to use its data-driven tools to help SMEs make more informed decisions and utilise finance products , like invoice financing , as a sustainable means to support growth . With the ongoing partnership with Sage , Satago is wellpositioned to address and alleviate the challenges of late payments faced by SMEs , demonstrating a solution that not only works in the UK and Ireland but could also be adapted globally to help SMEs thrive in an increasingly interconnected economic landscape .