Sage has clawed back a recovery in Q3 after a revenue miss earlier in the year.
The outfit said organic revenue in its third quarter was up 6.8 percent.
Sage said that cloud recurring revenue was up 56 percent year on year to £386 million.
Steve Hare, CFO at Sage, said: “We have delivered acceleration in both organic and recurring revenue growth, demonstrating the impact of our primary focus on driving high-quality recurring revenue growth through Sage Business Cloud.
“We remain confident of achieving full-year FY18 guidance of around seven percent organic revenue growth and around 27.5 percent organic operating margin.”
Revenue in northern Europe, including the UK and Ireland, was flat, while Iberia and central Europe saw double-digit growth and France saw “early signs of recovery.”
All this is good news for an outfit which saw its share price drop almost 19 percent earlier in the year.
