Sage Live

Sage Live (now part of the Sage Business Cloud offerings) is a cloud-based accounting and financial management solution built on the Salesforce platform. It provides real-time, multi-dimensional accounting capabilities to help businesses manage core financial operations such as general ledger, accounts payable and receivable, cash flow management, and multi-currency tracking. Sage Live is designed to bring flexibility and efficiency to financial management, especially for small and medium-sized businesses (SMBs) that seek seamless integration with their CRM and other systems.

Frends can integrate with Sage Live to connect it with other enterprise platforms, such as CRMs, ERPs, and analytics tools. This integration can automate repetitive workflows, enable synchronized data across departments, and provide a unified view of business operations, enabling better and faster decision-making.

Business Use Cases

Synchronize Accounting Data with Salesforce

Frends can seamlessly integrate Sage Live with Salesforce, ensuring real-time synchronization of accounting and customer data. For example, when a new sales invoice is generated in Sage Live, Frends can automatically update the corresponding Salesforce account with the latest financial information, presenting a consolidated view of customer relationships.

Automate Recurring Invoicing

Frends can automate recurring billing and invoicing workflows by streamlining Sage Live’s processes. For instance, Frends can monitor subscription plans recorded in Sage Live and trigger the generation of invoices at regular intervals. This ensures that invoices are created and sent automatically, with minimal manual intervention, for subscription-based businesses.

Connect Sage Live with Payroll Systems

Frends can link Sage Live with payroll platforms like Gusto, ADP, or BambooHR to ensure accurate and streamlined payroll processing. For example, Frends can transfer employee payroll data, such as salaries, tax deductions, or expenses, from the payroll system to Sage Live for financial reconciliation and reporting.

Enable Real-Time Financial Reporting

With Frends, financial data from Sage Live can be extracted and integrated into business intelligence platforms such as Power BI, Tableau, or Google Data Studio. For example, Frends can automate the scheduling of data exports from Sage Live to generate real-time dashboards displaying key financial metrics, such as cash flow, revenue, and expenditures.

Automate Sales Order to Invoice Workflow

Frends can streamline the sales order-to-invoice process by integrating Sage Live with e-commerce or ERP systems. When a customer places an order in an e-commerce platform like Shopify or an ERP system, Frends can automatically create a corresponding sales invoice in Sage Live, ensuring no delays in revenue recognition.

Manage Multi-Currency Transactions

For businesses working globally, Frends can simplify multi-currency financial operations by automating currency updates in Sage Live. Frends can fetch exchange rates from external providers and update multi-currency transactions in Sage Live, ensuring accurate financial reporting without manual currency adjustments.

Streamline Expense Management

Frends can connect Sage Live with expense management tools such as Concur or Expensify to automate expense tracking and approval workflows. For instance, when an employee submits an expense through the external tool, Frends can ensure the data flows directly to Sage Live, categorizing expenses appropriately.

Automate Tax Management

Frends can integrate Sage Live with tax compliance platforms such as Avalara to automate tax calculation and ensure compliance. For example, Frends can automatically pull tax rates and apply them to transactions in Sage Live, helping businesses stay compliant with local and global tax regulations.

Integrate Supplier and Vendor Payments

Frends can automate accounts payable workflows by integrating Sage Live with banking platforms or supplier systems. For instance, when an invoice is approved in Sage Live, Frends can trigger an automatic vendor payment via the connected banking system and update the payment status in Sage Live.

Enhance Subscription Billing Workflows

For companies with subscription-based business models, Frends can connect subscription management platforms like Chargebee or Recurly with Sage Live. When a subscription is updated or canceled in the subscription management system, Frends can sync the changes with Sage Live to ensure billing accuracy.

Centralize Customer and Financial Data

Frends can integrate Sage Live with CRM systems like HubSpot or Zoho CRM to centralize customer and financial data. For example, when customer details are updated in the CRM, Frends ensures that the corresponding customer records in Sage Live are also updated, reducing data discrepancies and improving accuracy.

Automate Bank Reconciliation

Frends can automate bank reconciliation processes by integrating Sage Live with banking APIs or financial institutions. For instance, daily bank transactions can be pulled into Sage Live via Frends, where they are matched with corresponding ledger entries, ensuring faster and more accurate reconciliation.

Archive and Backup Financial Data

Frends can automate the archival and backup of financial records from Sage Live to secure cloud storage systems such as SharePoint, Dropbox, or Amazon S3. For compliance or disaster recovery purposes, Frends ensures that critical financial data is backed up regularly in the approved locations.

By integrating Sage Live with Frends, businesses can streamline their financial workflows, improve data consistency, and enable faster and more accurate decisions. This integration delivers scalability and efficiency for growing businesses, allowing teams to focus on strategic financial performance rather than manual operations.