Sage Partners With AWS on AI-Powered Accounting, Compliance Tools for SMBs

Posted under: SMB
Date: 2024-02-29
Sage Partners With AWS on AI-Powered Accounting, Compliance Tools for SMBs

Sage, an accounting technology firm serving small to medium-sized businesses (SMBs), is partnering with Amazon Web Services (AWS). This agreement will improve the way SMBs optimize their operations with generative artificial intelligence (AI) and tackle environmental responsibilities, Sage said in a Wednesday (Feb. 28) news release. Using Amazon Bedrock and Amazon Lex, Sage said it would develop a domain-specific large language model (LLM) for accounting and compliance purposes. This model will initially inform Sage’s new AI-powered assistant, Sage Copilot, and act as a foundation for helping SMBs navigate local accounting and compliance use cases. Powered by AWS, the LLM will be able to analyze vast amounts of data swiftly and efficiently. The release also noted that Sage Earth will be available in the AWS Marketplace in the U.K. and Ireland in the following weeks. The software uses accounting and other sources of data to calculate businesses’ carbon footprints.

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