Sage has acquired Lockstep as it looks to “broaden its value proposition” for SMBs and expand its digital network.
Lockstep makes cloud native technology we presume for cloud natives. The software automates accounting workflows between companies.
As part of the transaction, Lockstep’s management team will join Sage to help drive the development of its digital network.
Sage said the acquisition is aligned with its ambition to be the trusted network for SMBs.