Infoniqa invests in Swiss portfolio
Following the acquisition of Sage Switzerland, Infoniqa is setting the tone for the Sage 50 Extra and Sage 200 Extra products used by SMEs and fiduciaries with innovations and basic work on the way to becoming a fully integrated provider of cloud-based business software and services.
As with the Acquisition of Sage's Swiss business announced, the new owner company Infoniqa is actively investing in the further development of local software products and services. A number of new functions and basic work will be implemented for the new versions of the Swiss products Sage 50 Extra and Sage 200 Extra. The brand presence will be gradually adapted. "With these investments, we are expanding our customers' long-term options for running their businesses in an even leaner and simpler way. We are now paving the way for innovative further developments that mean more transparency, more automation and less administration," says Thomas Hersche, Managing Director of Infoniqa Switzerland Software and Services AG.
First step towards HCM integration
An initial integration has now been developed for Sage 200 Extra and Infoniqa ONE HCM. This makes HR master data, payrolls and wage statements from Sage 200 Extra available in Infoniqa ONE HCM. Further expansion steps towards a fully-fledged integration are being developed together with pilot customers and will be included in the next updates. Infoniqa ONE HCM is a modular, cloud-based solution for Human Capital Management (HCM) and provides companies with a 360° view of their workforce and digitizes all areas of HR work from recruiting to e-learning.
Expanding connectivity with REST API
Sage 50 Extra launches new web services for accounting. Via the Web REST API interface, all financial data from general ledgers and sub-ledgers can be exchanged bidirectionally with third-party solutions, mobile apps and web applications. This innovation forms the basis for further expansion steps together with Run my Accounts for fiduciaries.
Simplified expense handling
Furthermore, a new function for expense recording will be delivered for Sage 200 Extra and will enable the payment of expenses directly via accounts payable. A mobile expenses app is already in the works and is expected to be available in February. This will allow employees to easily photograph their receipts, add data and submit them to their supervisor. The manager can validate the expense receipts online via the web front end and forward them to accounts payable. For Sage 50 Extra customers, this extension is on the roadmap for the coming year.
Microsoft Power BI for more informed decisions
The analysis tool 'Power BI' is a standard tool from Microsoft, which is integrated in Office 365. For Sage 200 Extra, a standard financial model is delivered with its own tables and scripts. This allows users to create their own financial reports based on company data - provided that Power BI is licensed. Infoniqa also delivers initial predefined financial and cost center reports in the data model itself.
Rebranding from Sage to Infoniqa completed in April 2022
The completed purchase marked the start of a transition phase for the new brand identity from Sage to Infoniqa. This transition will be complete by the end of April 2022. The solutions will be rebranded. Sage Start will become Infoniqa ONE Start, Sage 50 Extra will become Infoniqa ONE 50 and Sage 200 Extra will become Infoniqa ONE 200.
Source and further information
