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Sage has diversified its cloud software offerings by acquiring an end-to-end human capital management (HCM) and people management system for mid-sized businesses.
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New acquisition confirmed for global software provider
07 March 2017
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Yesterday, Sage announced its acquisition of Fairsail, an end-to-end HCM and people solution that addresses workforce management challenges of mid-sized organizations.
Sage was already a minority shareholder of Fairsail, having launched a shared product, Sage People, together last year.
“We have been unequivocal about giving growing and ambitious businesses a real-time, frictionless way to manage their entire businesses in the cloud, to create an environment of ‘invisible admin’,” Sage CEO Stephen Kelly said.
“Building on our successful partnership with Fairsail, this acquisition will accelerate our people offering, ensuring our customers can manage people, their most precious asset, with visibility of the rest of their business.”
The acquisition completes Sage’s “golden triangle vision” of offering customers a single cloud solution to manage people and payroll, payments and accounting.
Fairsail has been successfully deployed within Sage.
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