Sage and Brightpearl Help Retailers Utilize Cloud for Operations

Sage, which works in cloud business management, is working with digital operations platform Brightpearl on assisting retailers with using the cloud for their tasks, a public statement says.

The organization will "take advantage of best-of-breed cloud finance and retail management solutions, supporting them on their digital journey," the delivery says. Furthermore, under the arrangement, Sage will make minority speculation of around £17 million in Brightpearl.

Sage Chief Operations Officer Lee Perkins said the move would be acceptable as businesses began to recuperate from the effect of the pandemic.

“As retail businesses from across the globe recover from the impact of Covid-19, trading online has gone from being a ‘nice-to-have’ to a ‘must-have’ for retailers," Perkins said, according to the release. "Digitising back office operations is a critical step towards transitioning to online commerce," Perkins added.

Derek O’Carroll, CEO of Brightpearl, said the company was ready to utilize the new partnership in order to "further support our retail customers and accelerate the strong presence that Sage and Brightpearl have in the UK and US."

"Brightpearl’s solution brings significant benefits by automating retail processes so global merchants can save time and deliver outstanding and rapid end-to-end customer experiences," he said, according to the release. "This investment will allow us to expand the platform and provide even better service, increase our product innovation and our fabulous team globally.”

About Sage:

Sage is the global market leader for technology that helps small and medium businesses perform at their best. Sage is trusted by millions of customers worldwide to deliver the best cloud technology and support with our partners to manager finances, operations, and people. We believe in doing everything we can to help people be the best they can be, so the combined efforts of 13,000 Sage colleagues working with businesses and communities make a real difference to the world.

About Brightpearl:

Brightpearl is a retail operations platform for retailers and wholesalers. Our mission is clear: automate the back office so merchants can spend their time and money growing their businesses. Brightpearl’s complete back office solution includes financial management, inventory and sales order management, purchasing and supplier management, CRM, fulfillment, warehousing and logistics.