Peachtree 2015 Annual Report Download - page 59

Download and view the complete annual report

Please find page 59 of the 2015 Peachtree annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 168

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168

57
FINANCIAL STATEMENTSGOVERNANCESTRATEGIC REPORT
Time to pay fair
Small businesses continue to be affected by late payments.
Our latest research from canvassing over 300 small
business owners in the UK this year, showed that more
than two thirds of firms (68%) have to wait for 60 days or
more for payment in 2015 and more than half are having
to wait for over 90 days to receive the money they are
owed. We have launched a Late Payments Manifesto and
an e-petition to raise awareness of the issue. At the heart
of our campaign is a deeply held belief that all people and
businesses should adhere to 30 day payment terms.
Championing Business
We believe in doing business the right way. Small & Medium Businesses are the lifeblood of economies
around the world. Despite their contribution to the global economy, we know that small businesses
can struggle to be heard by those debating and deciding the policy issues that affect them. Wherever
possible, we campaign to improve the business environment for our customers.
Supporting entrepreneurs
We sponsored Web Summit 2015, the annual technology conference event
hosted this year in Dublin that brings together established tech companies,
exciting start-ups and investors all under one roof. Over 30,000 people from
100 countries aended across the three day schedule which included
700 speakers and 1,500 journalists.
We supported the MentorHours program where Stephen Kelly and other
executives fielded one to one meetings with small business owners, offering
advice on running and managing their businesses.
Supporting women in business
We are proud sponsors of the Womens Leadership
Exchange (“WLE”) in the US which offers conferences for
women business owners to connect them with a network
of advisers, business experts and corporate leaders. The
WLE mission is to provide the knowledge, the tools and
the connections women need to be successful in their
own businesses. Jennifer Warawa, Global VP Product
Marketing for the Accountants channel, spoke at the
Boston WLE Summit in September 2015, offering her
perspective as a successful leader within Sage.
Raising awareness for entrepreneurs
We are a founding member of the campaign lobbying
to have National Entrepreneurs Day nationally recognised
in Canada. Far more than just a celebration, we want to
promote widespread awareness by harnessing partnerships
with innovation centres, corporations, accelerators,
schools, government, and in the media to support
small businesses.
The Sage Group plc | Annual Report & Accounts 2015