Sage has acquired AutoEntry, a leading provider of data entry automation for accountants, bookkeepers and businesses. Sage believes the new acquisition will accelerate its vision to become a “great SaaS company”. AutoEntry will initially be offered to Sage’s network of accountants and bookkeepers in the UK, while continuing to service its customers across the board through its open and independent ecosystem.
Since its launch in 2016, AutoEntry has been on a mission to eliminate the pain point of manual data entry for accountants. Its intelligent technology automates data entry by accurately capturing, analysing and posting all receipts, purchase and sales invoices, expenses and statements into a user’s accounting software. Its technology utilises AI and optical character recognition to ensure that the relevant line item data is accurate and gets posted to the correct accounting ledger fields removing mistakes often associated with manual data entry.
