ERP outfit Sage has completed its acquisition of Spherics, which will give it the power to help businesses slash their environmental impact.
The ERP software vendor claims the deal “reinforces” its commitment to sustainability, having pledged to fight climate change and help protect the planet by halving its own emissions by 2030 and becoming net zero by 2040.
Sage EVP of cloud operations Amaya Souarez said the acquisition of Spherics was an important milestone in the company’s sustainability strategy.
“We know that SMBs care about the impact they have on the environment, and our research shows that they want to work with suppliers and partners that can help them understand and address it. By combining Spherics’ innovative software with Sage’s digital network, we are connecting businesses with their customer and supplier emissions data, enabling easy and collaborative climate action across value chains which helps to reduce carbon.”
Based in Bristol, Spherics automates the process of calculating emissions by “ingesting data” from a customer’s accounting software and matching transactions to emission factors to create an initial estimate of their carbon footprint.
