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November 8, 2024
PI Global Investments
Finance

Satago: Pioneering Financial Solutions for SMEs


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.

Satago’s partnership with Sage, a leading global accounting software provider, is particularly significant. For nearly a decade, Sage and Satago have shared a vision to support the growth and prosperity of SMEs. Their efforts have led to the successful management of invoices worth nearly £0.5bn for Sage customers in just the last year. This collaboration has proven effective in the UK and is a model that Satago plans to replicate globally, aiming to support SMEs worldwide with their innovative financial solutions. 

“Key to that relationship is that we’re very aligned in terms of our objectives and values. And that really is to help SMEs prosper and grow. Over the past five to six years in particular, we’ve come together to really help these SMEs succeed.”

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 well-positioned 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.

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