Cashplus and Sage have joined forces to help small businesses get ahead of the Making Tax Digital legislation, by integrating their bank account information and transactions into a new service from Sage called Bank Feeds, which saves time and improves tax accuracy.
Cashplus, and its parent company APS financial, has used its technology-led payments expertise for 10 years to solve what keeps its customers awake at night, such as time consuming admin tasks.
This new partnership means any Sage customers who hold a Cashplus business account can use Bank Feeds to help save time, simplify their bank reconciliation and ensure their accounts are up to date and accurate. Important preparation for new programmes, such as Making Tax Digital.
CEO of APS, Rich Wagner said: “As a market leader in Fintech, APS developed Cashplus to make life simpler for Small and Medium businesses. Our partnership with Sage emphasises this position.
“Small business owners will be ahead of the compliance curve, and with our tech partnership they can focus on building their business rather than sifting through difficult and time-consuming admin.”
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Seamus Smith EVP Global Payments & Banking from Sage says: “We chose Cashplus to be part of the launch of Bank Feeds because of the company’s payments expertise and its prevalence in the UK. We expect this to be one of the first steps on our journey towards enabling easy and better access to Financial Services from within the Sage Software.”