In a significant move for small to medium-sized businesses (SMBs), Sage, an accounting technology firm, has collaborated with Amazon Web Services (AWS) to leverage generative artificial intelligence (AI) and machine learning (ML) for enhanced accounting and compliance tools.

The partnership heralds the launch of Sage Copilot, an AI-assisted platform capitalizing on AWS's machine learning prowess. Built on Amazon Bedrock and Amazon Lex, the initiative will help SMBs simplify complex accounting operations and adhere to stringent compliance regulations.

Sage is also deploying its carbon accounting software, Sage Earth, in the AWS Marketplace. This novel solution extends beyond traditional financial management by offering carbon footprint calculation and emission reduction strategies within the U.K. and Ireland, with plans to expand to North America and Europe.

Crucially, this collaboration underscores a concerted effort to deliver sustainable growth and operational efficiency to SMBs through cutting-edge technology. By integrating AI and ML into their financial systems, Sage and AWS are paving new paths for environmental accountability in business practices.