SAGE Africa

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SAGE Africa Partner

SAGE Africa a global company

SAGE is a global company with more than 6 million customers, over 13,400 employees and more than 25 years of experience working with small and medium sized businesses. Despite the global reach, the Company have built success on understanding and meeting the needs of customers in the local markets. Therefore the majority of their products and services are developed and supported locally. This ensures SAGE provides a choice of high quality products and services which are relevant to our customers, use the most appropriate technology and are supported by local experts.

Sage Africa provides business software, services and support to small and medium sized businesses. The Company is in the small business market but also have the experience and expertise to meet the needs of specific industries and larger organisations.

SAGE Africa is the developer and provider of SAGE Accounting Software and ERP, HR and payroll management software for businesses in Africa. The Company operates in 35 African countries. The software is used by more than 55 000 companies on the continent.

SAGE Africa is a renowned expert in HR and payroll management and accounting software. SAGE Africa has been developing software for more than 28 years. SAGE Africa has solutions to meet the requirements of all businesses from small to big.

SAGE Africa has extensive partner network and client support system that offers expert advice and support on legislation, accounting and HR solutions. Whether you are just starting a business, or your organisation employs more than 2,000 workers, SAGE Africa has accounting, HR and payroll solutions to support the growth and complexity of your business.

PML Advisory – SAGE Africa Partner

Through our relationship with SAGE as a partner, PML Advisory Limited can assist you with installation, training, on-site deployment and support for deployment of accounting software for your organisation. Our high professional skills, understanding of accounting, payroll and HR enable us to provide your business with relevant and practical solutions to meet their accounting, HR and payroll needs.

Learn more about our various SAGE products or contact us for demo or call +234 803 849 9321

SAGE Africa

The digital economy — SaaS, e-commerce, streaming, fintech — has changed how businesses earn revenue. But one standard still governs how that revenue is recognized: IFRS 15.

Here's what digital businesses need to get right

1. Identify what you're really selling - A single contract may bundle a license, support, and hosting. Each must be assessed to see if it's a separate performance obligation — this affects when revenue is recognized.

2. Estimate variable income carefully - Commissions, discounts, and usage-based fees must be estimated upfront, with a constraint to avoid overstating revenue that may later be reversed.

3. Principal or Agent? Know the difference - Marketplaces and platforms must determine if they control the goods/service before transfer. This decides whether you recognize gross revenue (principal) or just your commission (agent).

4. Subscriptions = revenue over time - SaaS and streaming platforms typically recognize revenue as the customer consumes the service — not all at once.

5. Licensing: Use vs. Access A one-time software license is not a continuously updated platform. One is recognized at a point in time; the other, over time.

6. Don't forget acquisition costs Customer acquisition costs (commissions, onboarding) should often be capitalized and amortized — not expense immediately.

7. Watch for hidden financing components Annual upfront payments for monthly services may contain a financing element that needs separate accounting treatment.

Why it matters: Investors, lenders, and regulators all scrutinize revenue figures. For digital businesses raising capital or preparing for exit, accurate revenue recognition isn't optional it’s foundational to credibility.

At PML Professional services, we help digital and tech-driven businesses build revenue recognition frameworks that are IFRS-compliant, defensible, and aligned with how their business truly operates.

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