Pastel Accounting software news

Important Notice: Re-register your Xpress or Partner software online as of 1 July 2014.

July 2014

We are improving our customer’s software registration experience by keeping up with the latest technology trends... | more

Integrated Job-SYS and Sage Evolution solution helps Service Electrical manage its growth path

June 2014

Service Electrical, a Port Elizabeth-based electrical contractor that focuses on large industrial-class installations... | more

Sage HR & Evolution ERP event in Nairobi, Kenya

June 2014

A great success is how you would describe the Sage HR & Evolution ERP event in Nairobi... | more

ETI offers a strategic opportunity for savvy employers

June 2014

South African businesses of all sizes have a great opportunity to help address the country’s growing youth unemployment crisis while benefitting from a tax incentive by taking advantage of the Employment Tax Incentive (ETI).... | more

Sage Pastel Accounting Version 14 connects desktop users to the power of the cloud

June 2014

Sage Pastel Accounting has released a new version of the desktop Sage Pastel Accounting platform that integrates a range of new features to support SMEs that are mobilising their businesses, shifting towards the cloud, and looking for ways to tap into business intelligence that can help them make better decisions.... | more

Media Statement

May 2014

Sage Pastel is conducting an investigation into the allegations made this week about a data security issue in its Sage Pastel Xpress, Sage Pastel Partner, Sage Pastel Partner Payroll and Sage Pastel Payroll 5in1 software packages... | more

How software-as-a-service can put accountants on cloud nine

May 2014

Over the past 30 years, accounting software has evolved from the static, text-based interfaces of the first DOS-based programs like Lotus 1-2-3 into today's highly automated applications with their rich functionality and graphical interfaces... | more

New Sage Evolution version engineered for the future

March 2014

Sage Pastel Accounting has launched Sage Evolution 7, bringing customers a new version of the enterprise resource planning (ERP) suite that delivers the efficiencies and productivity gains offered by the latest mobile and cloud technologies... | more

Sage Pastel Help Desk Best in the World

November 2013

Sage Pastel proudly won the gold prize for best help desk in the world in Las Vegas, USA on Saturday the 16th November! Our very own support manager represented and collected the award at the World Contact Awards 2013. Sage Pastel, South Africa’s leading... | more

My Business Online: simple online accounting

September 2013

Pastel My Business Online is an entry-level, web-based accounting system that offers the full suite of accounting tools including: financial management, task assignment, project tracking and accurate reporting. The program simplifies complicated technical jargon making it easy for anyone to use even without the help of an accountant.... | more

Sage Pastel remains at the cutting edge of business software

September 2013

Johannesburg – July saw Sage Pastel, the local accounting and business software giant, demonstrate its industry-leading mobility innovations. The new Windows 8 Tablet App for My Business Online was showcased at the company’s accountants’ focus day and the Mobile App for Sage Evolution caused a stir at the company’s Evolution customer day... | more

Cloud computing: adapt or die

September 2013

Times have changed – we have entered an age where technology is pervasive and has become a central part of our lives, providing us with more mobility than ever. Applications that can build a grocery list, do our banking, and track where we’ve parked our cars, means there’s a completely new way of doing things. Business has to be part of the revolution: they must adapt to rapid technology changes to remain competitive... | more

New to business? Here’s an accounting package to start you off

September 2013

Pastel My Business Online (www.pastelmybusiness.co.za) is one of those online applications that can radically improve your organisation’s effectiveness while adding to the enjoyment of running a business. Before we get into details, it’s worth a quick word... | more

Sage Pastel the first to bring online accounting to SA

September 2013

Sage Pastel’s My Business Online (www.pastelmybusiness.co.za) was introduced to the South African market in 2009 and has enjoyed continued success, particularly within the SME market... | more

Accountants embrace the cloud with Sage Pastel My Business Online

September 2013

Johannesburg – Accountants and bookkeepers who gathered at Sage Pastel’s offices to learn more about My Business Online (www.pastelmybusiness.co.za) were surprised to discover that it is not just an end-user tool, but one which improves the efficiency of their own practices as it enhances the level of service they offer their clients... | more

Accountants: online accounting will change the way you work

September 2013

At Sage Pastel we’re paying a lot of attention to accounting over the internet and also to mobility, both of which are a direct benefit of cloud computing... | more

Busting cloud computing myths with Pastel My Business Online

September 2013

Cloud computing is shaking things up in the business world and the rapid increase in mobile devices will add to the incentive for online business applications, bringing mobility to the entrepreneur on-the-go... | more

SMEs: here are the benefits of My Business Online

September 2013

As the world shifts to online business applications, Sage Pastel’s My Business Online (www.pastelmybusiness.co.za) offers so many benefits to small business owners that they just can’t afford to ignore it... | more

New in business? Start as you mean to go on

September 2013

When you’re starting a new business, it’s so important to get into good financial habits from the very beginning. Let’s get a good understanding of why… | more

Steven Cohen, MD of Sage Pastel reflects on the bright future that awaits SA’s next generation of accountants

23 July 2013

Last week, the South African Institute of Chartered Accountants (SAICA) announced that Praise Ndebele, a learner from Ponelopele Oracle Secondary School is this year’s winner of the National SAICA Pastel Accounting Olympiad, having scored a 92% mark… | more

Sage Pastel remains at the cutting edge of business software with its mobility innovations

22 July 2013

July has seen Sage Pastel, the local accounting and business software giant, demonstrate its industry-leading mobility innovations… | more

Sage Pastel contact centre voted best help desk in Europe, the Middle East and Africa

15 July 2013

Sage Pastel, South Africa’s leading developer of accounting and business software, is now officially the EMEA region’s best help desk, with a gold medal awarded to the team at the Contact Centre Best Practices Conference & Awards in Vienna last week. Sage Pastel also won a silver medal for Best Community Spirit… | more

Sage Evolution end user day for customers large and small

July 2013

Don’t let the awesome power of your enterprise resource planning software go to waste. This was the urgent message from Daryl Blundell, sales director of Sage Pastel Accounting, at the company’s first ever Sage Evolution end user day… | more

Accountants embrace the cloud with Sage Pastel My Business Online

27 June 2013

Accountants and bookkeepers who gathered at Sage Pastel’s offices today to learn more about My Business Online were surprised to discover that it is not just an end-user tool, but one which improves the efficiency of their own practices as it enhances the level of service they offer their clients… | more

Sage Evolution Mobile: The Ultimate App

6 June 2013

Sage Evolution’s latest ground breaking app – Evolution Mobile – takes operational efficiency to new heights it harnesses the full power of advanced enterprise resource planning (ERP) and up-to-the-minute handheld technology… | more

The Corporate Entrepreneur

May 2013

Every business starts small. Creativity, passion and a real entrepreneurial spirit usually drive the successful ones into large impressive corporations… | more

Sage Pastel donates 7.5m in Software

April 2013

Sage Pastel, has donated R7.5 million of software, training and other support interventions to the newly formed Black Management Forum (BMF) SMME Programme… | more

Technology in Africa

April 2013

The MasterCard African Cities Growth Index shows that we’re in for a major growth explosion in Africa – if we have the right technology in place… | more

Ideate Q and A

April 2013

View the Ideate Q & A which will include questions such as – “Pastel has primarily focused on business software. Why the decision to launch a consumer product?”… | more

Stay on the right side of the taxman with the latest release from Sage Pastel

February 2013

Sage Pastel has released Version 12 of its Partner and Xpress accounting software. It comes with some exciting program enhancements that will ensure users are always up to date with SARS’ requirements… | more

Local business software leader Sage announces name change

February 2013

Softline, a provider of business management software to small and medium sized companies, today announced that after months of planning they will be rebranding and will be referred to as Sage  South Africa, effective immediately… | more

Simple Numbers, Straight Talk, Big Profits!

September 2012

4 Keys to Unlock Your Business Potential. … | more

University embraces cloud accounting

July 2012

University of the Free State (UFS) has implemented Pastel’s My Business Online – its first foray into cloud-based training. … | more

Focus on implementation, not just strategy

June 2012

Steven Cohen was featured in the Financial Mail (FM) cover story on 14 June 2012. The FM approached a few business leaders, one of them being Steven, and asked them to submit their views on how they would turn SA around … | more

Karabina joins forces with Unisource CC

May 2012

Karabina Software, the specialist business software distribution unit of the iSPartners Group, welcomes UniSource CC as its latest Business Analytics Certified Partner … | more

Karabina welcomes Trew Solutions

May 2012

Karabina Software, a division of the iSPartners Group, welcomed Trew Solutions as its latest Business Analytics Certified Partner … | more

Karabina welcomes Trew Solutions

May 2012

Karabina Software, a division of the iSPartners Group, welcomed Trew Solutions as its latest Business Analytics Certified Partner … | more

Standard Bank, Pastel team up

April 2012

Standard Bank and Pastel have teamed up to offer start-ups easy access to an accounting solution as part of an overall drive to support new business success… | more

Sage Pastel launches Black Economic Empowerment Portal

Feb 2012

Sage Pastel’s one-stop Black Economic Empowerment (BEE) portal, BEE 123, launched today. It offers the complete range of tools, software, directories, news and BEE network partners to assist businesses of all sizes to understand and implement their BEE requirements… | more

Pastel Evolution announces best business partners

Nov 2011

The winners of Pastel Evolution’s Outstanding Business Partner competition were announced at an awards dinner held during the Pastel Evolution conference in early November.… | more

Pastel Evolution is Aligned to SARS’ Requirements for E-Documentation

Oct 2011

The South African Revenue Service requires that all electronic invoices, credit notes and debit notes meet certain requirements in terms of the VAT Act and Pastel Evolution offers users requirement-compliance… | more

Pastel Wins Microsoft Independent Software Vendor of the Year

Oct 2011

Sage Pastel has been awarded the Independent Software Vendor (ISV) Software Partner of the Year
by Microsoft… | more

Sage Pastel’s latest release will improve accountability in non-profit sector

Oct 2011

Sage Pastel’s launch of Pastel Partner for Non-Profit Organisations represents the first formal financial management software solution for the non-profit sector in South Africa… | more

Awards recognise small businesses

Aug 2011

The annual Small Business Awards on Talk Radio 702 with Sage Pastel launched this week with the aim of rewarding small businesses that are doing great things... | more

Contact centre world awards – results announced

July 2011

Sage Pastel, South Africa’s leading developer of accounting and business software scooped nine awards at the Contact Centre World Awards in London this past weekend... | more

Pastel LegalWrite now compliant with the new Consumer Protection & Companies Acts

July 2011

LegalWrite, Sage Pastel’s “lawyer in a box” has been updated to include and comply with both the Consumer Protection Act and the new Companies Act... | more

Sage Pastel dominates international contact centre awards

June 2011

For the first time ever, individuals from Sage Pastel have been named as finalists in the Contact Centre World Awards next month in London. These awards are considered to be the Olympics in the Contact Center industry... | more

Shining star wins National SAICA Pastel Accounting Olympiad

June 2011

The South African Institute of Chartered Accountants (SAICA), in partnership with Pastel Accounting has announced that Sanelisiwe Nhlumayo, a grade 12 learner from Velabahleke High School in Umlazi Kwazulu-Natal, is the 2011 National SAICA Pastel Accounting Olympiad winner. Nhlumayo did an outstanding job by getting full marks for her paper and walks away with a well deserved laptop computer and R2 000 in prize money... | more

Labour provides the greatest hindrance to SME growth says survey

May 2011

Almost a third (28%) of local SMEs reported labour related issues as the main hindrance to business growth in the past year. While small business owners acknowledge that they need more staff in order to grow their business, they report that they either can’t find the right people or are too nervous to employ because of the country’s rigorous labour laws... | more

SMEs: monthly management makes for an easy Year End

February 2011

As we approach the end of the financial year, the calls to our support centre are starting to increase and the atmosphere of mass-panic in trying to close this year’s books can be clearly felt. It’s at this time every year that I wonder why business owners and managers often overlook the day-to-day administrative requirements that result in this major managerial load at the end of February... | more

It's tough out there: Small businesses still under pressure

January 2011

Sage Pastel recently received coverage in Financial Mail on the findings of the Pastel SME Survey.... | more

Pastel SME Survey

January 2011

Pastel Accounting recently conducted the inaugural Pastel SME Business Survey. Some of the topics covered in the survey were the global recession and the effect on profitability, turnover and staffing. We also asked questions around the exchange rate, family businesses, succession planning and how these things impact SMEs in South Africa. Over 2 000 respondents completed the survey.

The following online coverage was received:

  • Fin24.com - click here to read the article.
  • Iol.co.za & Business Report – click here to read the article.
  • Iafrica.com – click here to read the article.

SA small business faced mixed fortunes in 2010 – Pastel SME Survey

January 2011

Almost half (49%) of small business owners in South Africa reported an increase in turnover in 2010 while the remaining businesses reported stagnated or decreased revenue. But, despite the seemingly good news, profit margins were squeezed with just more than a third of SMEs (32%) reporting an increase and an almost equal amount (29%) facing a decrease in profitability – the real indicator of a business’s ability to make money.... | more

It may be small but SME owners must keep their house in order - by Steven Cohen

January 2011

Without fail, SMEs around the globe have one common plea to their respective governments; they want real resolutions to ease the administrative and financial burden they face.... | more

Radio Coverage

Sage Pastel representatives are interviewed on a variety of subjects related to Sage Pastel products and industry trends.

Click here to listen to the podcasts.

Technology: adapt or die

By Steven Cohen, managing director Sage Pastel

I recently realised that the term ‘cloud computing’ is not as broadly understood as I had assumed. Maybe it’s because I work in the tech sector that these buzz words are part of my everyday vocabulary but I was surprised to discover that 77% of professional accountants claim to have no understanding of what accounting in the cloud is... | more

Radical changes to hit cloud market

by Steven Cohen, MD of Softline Pastel

The online world changes everything and its frightening how big the change can be. Apart from revolutionising the way we conduct business and accounting processes, cloud has the potential to change entire global software distribution channels, leaving a disconnect between clients who rely on distributors and not their vendors for support... | more

How the latest technology trends can really make a difference to your practice

By Steven Cohen, managing director Pastel Accounting

Technology, like most things, operates in cycles; there are times when the changes taking place don’t really affect you and then there are times when so much is happening that it’s very difficult to grasp what can really benefit you... | more

Cloud computing: it’s time to weather the storm of confusion

By Steven Cohen, managing director, Pastel Accounting

I recently realised that the term ‘cloud computing’ is not as broadly understood as I had assumed. Maybe it’s because I work in the tech sector these buzz words are part of my everyday vocabulary but I was surprised to discover that 77% of professional accountants claim to have no understanding of what accounting in the cloud is... | more

Accounting in the cloud: the best small business solution for ages

By Steven Cohen, managing director, Pastel Accounting

Did you know that only 53% of professional accountants would recommend an online accounting product to their SME clients? ... | more

Automated service isn’t service at all

By Steven Cohen, managing director, Pastel Accounting

To succeed in business, exceptional service is essential. Everyone says they do it but I question its true impact, particularly when I consider that everything is automated these days.... | more

Businesses to prosper from Kenya’s bright internet future

By Steven Cohen, managing director, Pastel Accounting

Internet usage in Kenya has risen 11,4% to 8.69 million people over the past four months according to the 2010/2011 Communications Commission of Kenya (CCK) report which now places Kenya second only on the continent to Nigeria for number of internet users... | more

Twenty years of entrepreneurial life lessons

By Steven Cohen, managing director, Pastel Accounting

Sage Pastel, as I’m sure you know is an ardent supporter of the development of SMEs and like all businesses we started out small. The company, which was founded in 1989 in Johannesburg, is now a leading developer of accounting and business software supplying 52 countries including 18 in Africa... | more

New Companies Act bring changes to ISRE 2400

It used to be called ISRE 2400, Engagements to review financial statements but with the introduction of the new Companies Act, its been renamed ISRE 2400 (Revised), Engagements to Review Historical Financial Statements The Practitioner’s Objectives in a Review. It’s a complicated name but what does it mean?... | more

New Companies Act affects the audit of a CC

The new Companies Act, which came into effect on 1st May this year, impacts the audit requirements of Close Corporations (CCs). CCs that are deemed to be in the public interest are now required to be audited, or at undergo an independent review...| more

Business Rescue

Rescue The new Companies Act has introduced the concept of business rescue for financially distressed companies. Simply put: this is a way to save companies from becoming bankrupt and applies to all types of businesses including close corporations.... | more

How will the new companies Act affect the skill set of South African accounting professionals?

The new companies Act, which came into effect on 1st May 2011, has introduced the concept of an independent review as an alternative to the annual audit, depending on the public interest score...| more

Audit vs Review - The "employee" debate

By Professor Steven Firer

The public interest score determines whether a company’s annual financial statements require an audit or independent review and the number of staff employed by a company is a key determinant of that score. So are companies considering restructuring their human resources in order to avoid an audit?... | more

The independent reviewer is now responsible to report financial irregularities

By Professor Steven Firer

Auditors have been obliged for many years to report irregularities that they find in annual financial statements. Failure to do so can result in hefty penalties for the auditor and now, independent reviewers face the same fate.... | more

SME funding: fact or fallacy?

By Steven Cohen, managing director of Pastel Accounting

Auditors have been obliged for many years to report irregularities that they find in annual financial statements. Failure to do so can result in hefty penalties for the auditor and now, independent reviewers face the same fate.... | more

CCMA: a nasty four-letter word for business owners

CCMA proceedings are not easy; the process isn’t always clear and takes up both time and other resources. Let Pastel’s LegalWrite team guide you through the process... | more

How to resolve a tax dispute

Managing a business’s tax affairs is daunting task for its owners and managers, who don’t often have the luxury of in-house legal or tax counsel. The consequences for non-compliance with SARS’ requirements will almost certainly result in severe financial penalties or even some time in jail. But sometimes SARS is wrong and the good news is that a system does exist that allows tax payers to dispute their assessment.... | more

Essential business survival strategies

Times are tough! Despite the economic downturn apparently being a thing of the past, many businesses are still under stress. If you’re operating in recession mode, the following advice should see you through the tough times... | more

Improve your accounting knowledge for better business insights

Business owners often get absorbed in the service delivery aspect of their business and neglect the day to day financial management. While service delivery is paramount, an active understanding of the company’s books provides the best insights into the real success of a business; the bottom line.... | more

Ten tips for making it through the first year

Your business plan is complete, the legal work is done and your business set-up seems to be running smoothly. But the failure rate for new businesses in their first year is high so it’s important to avoid the simple mistakes that may jeapardise your future success... | more

Ten ways to finance your business

Findings from our inaugural Pastel SME Business Survey tell us that the lack of funding for this sector of the economy is one of the top three barriers to business growth. In fact, one in every five respondents reported that they were either unable to, or unaware of how to, raise funding for their business... | more

Accounting software for the future - by Steven Cohen

The software industry is an interesting place at the moment. The software market is evolving at a rapid pace and currently presents more options than ever before. Beyond the desktop, cloud computing offers online software applications with propositions that shouldn’t be ignored. Of course there are a host of desktop/web combinations that are available and don’t forget about the integration possibilities of the ‘smart’ phone. And now with Apple’s launch of the game-changing iPad, a whole new platform is coming into play... | more

SMEs: monthly management makes for an easy Year End

As we approach the end of the financial year, the calls to our support centre are starting to increase and the atmosphere of mass-panic in trying to close this year’s books can be clearly felt. It’s at this time every year that I wonder why business owners and managers often overlook the day-to-day administrative requirements that result in this major managerial load at the end of February... | more

SMEs hold the key

This article is a response to the minister of economic development, Ebrahim Patel, and his new plan for economic growth. Particular focus is paid to the important role SMEs play in creating economic growth in South Africa.... | more

Consumer Protection Act demands a lot of homework for most companies

The Consumer Protection Act (CPA) which is due to come into effect on 31 March 2011 is complex legislation that will have an impact on everybody, holding serious ramifications for all individuals, companies and organisations that sell products or provide services.... | more

Big isn't always better, especially in BI

Steven Cohen shares his thoughts on the importance and power of business intelligence... | more

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