Size matters. Don’t be offended when you’re told your business is small to medium.
Sometimes it’s difficult to tell a customer that their business is not “large” or even medium in size. After all they are proud of their achievements, and believe they have grown beyond micro, past small and medium and are now large.
ERP systems, like Sage 300 are designed for small to medium businesses, due to the additional complexities and requirements of these companies. All software accounting solutions can generate a customer invoice … but not all can generate those as a result of a complex sales cycle involving manufacturing. As your business grows, it will get bigger and more complex. You can use some add-ons and rely on the use of spreadsheets, but eventually they will create new issues and your business processes’ will suffer, costing you money, time and adding frustration. This is where you need to look to an ERP solution, like Sage 300.
Sage 300 is a global software solution, used throughout the world in many regions, including South Africa and the rest of Africa. It works as well in Paris, New York and London as it does in Vereeniging.
The definition of a business size differs in the different regions of the world. In South Africa, the National Small Enterprise Act defines the size of a business by weighing people employed and turnover as the differentiators. In the example below, the number of people are the same but the turnover’s are different.
Defining enterprise size (SA)
| Sector | Size | People | Turnover |
|---|---|---|---|
| Mining | Large | >250 | >210 m |
| Medium | >51-250 | <210m | |
| Small | >11-50 | <50m | |
| Finance & Business Services | Large | >250 | >85 m |
| Medium | >51-250 | <85m | |
| Small | >11-50 | <35m |
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