• Ep080: When AI Meets Accounting - How Sage is Transforming Business Software

  • Feb 25 2025
  • Length: 20 mins
  • Podcast

Ep080: When AI Meets Accounting - How Sage is Transforming Business Software

  • Summary

  • From cost management to practical implementation, Sage's Amaya Souarez shares invaluable insights on building AI-powered business tools that deliver measurable value to customers.

    Topics Include:

    • Amaya Souarez introduced as EVP Cloud Services at Sage
    • Overview of Sage: offers accounting, finance, HR and payroll tech for small businesses
    • Company emphasizes human values alongside technology development
    • Amaya oversees core cloud services and operations across 200+ products
    • Sage Co-Pilot announced as new AI assistant – helping automate invoicing and cash flow management
    • Common misconceptions with Generative AI
    • AI solutions aren’t always solution to every problem
    • Compares AI hype to previous blockchain enthusiasm
    • Emphasizes starting with clear use cases before implementation
    • Difference between task-based and reporting-based use cases
    • Partnering with AWS to build accounting-specific language models
    • Different accounting terminology varies by country
    • Using AWS Bedrock and Lex for a domain-specific language model development
    • Multiple AI models may be needed for single solution
    • Customer feedback drives project funding decisions
    • AI development integrated into regular product roadmaps
    • Focus on reducing cost per user for AI features
    • Success story: reducing 20-hour task to 5 minutes
    • Tracks AI usage costs per customer interaction
    • Early Gen AI hype caused confusion in the market
    • Plans to make domain-specific models available via API
    • Will offer language models on AWS Marketplace
    • Emphasizes practical AI application over blind implementation


    Participants:

    • Amaya Souarez - EVP Cloud Services and Operations, Sage


    See how Amazon Web Services gives you the freedom to migrate, innovate, and scale your software company at https://aws.amazon/isv/

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