Sage Payment Solutions has released a new extension for ecommerce platform Magento that will allow users of that system to not only integrate payment processing but synchronize with Sage accounting software on the back end.
Magento users will be able to conduct transactions from any environment - brick and mortar, mobile, ecommerce website - and have the payment transactions integration and reconcile into the Sage software (which should save time, provide more accurate financials and make visible real-time cash flow).
E-tailers we work with will find the combination of Sage Payments and Magento is an efficient way of integrating their multi-channel payment processes with a robust back-end accounting package; it's a huge competitive advantage for them, said Edward Solomon, co-founder of Net@Work, a leading Sage and Magento business partner.