Sage has forged a new partnership with payments technology provider Square with an aim to help small and mid-sized businesses (SMBs) grow by enabling them to take more control of their finances.

The collaboration will result in the integration of Sage Accounting and Square’s point of sale (POS) software. The integrated offering has been made operational by the parties in Canada, the UK, as well as Ireland.

Sage Canada managing director Mark Hickman said: “As digital payment methods increase in popularity among consumers, it’s critical for small businesses to be able to process cashless transactions with ease.

“The Sage and Square partnership will help Canadian retailers stay on top of their sales transactions, get paid with confidence, and know their books are covered with Sage Accounting.”

According to Sage, customers using the accounting and POS products will find it easier to transact business and accept payments wherever they are, whether in person, over the phone or online.

With transactions synchronised daily into Sage Accounting, the integration makes it simpler for accountants who manage the books of small businesses to view and access their clients’ most recent financial data.

Square Europe executive director Jason Lalor said: “When the world went online during the pandemic, technology helped businesses survive.

“One of the lasting benefits we’ve seen for businesses, was the shift to digital ways of working and selling. This switch is providing solutions to challenges across the professional services sector by allowing businesses to be agile.

“Our sellers are continuously finding new and more efficient ways of working that prioritise expertise, implementing technology, and setting their business apart in an increasingly competitive landscape.”

The integration of Sage Accounting and Square POS will enable customers to get round-the-clock assistance. This is through a service offered by Amaka, a provider of accounting integration and automation software, which is said to power the connection between Square and Sage.

Cashless selling, online, over the phone, or in-person are all supported by combining the software of Sage with the option to add easy-to-use POS hardware, said the enterprise software company.