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Outsurance implements Sage Enterprise Management formerly known as Sage X3 fixed assets


One of South Africa’s leading car and household insurance providers, Outsurance, has upgraded their fixed asset management system to Sage Enterprise Management formerly known as Sage X3.


Jan Hofmeyr, the Chief Financial Officer at Outsurance, says the business’s rapid growth and the size of the fixed asset base led to the upgrade. “The growth in our fixed asset base necessitated the need for a mature and fully functional fixed asset register software, which we found in Sage Enterprise Management formerly known as Sage X3,” says Hofmeyr.


Outsurance was established in 1998, offering car and household insurance directly to South Africans with the promise of ‘always getting something OUT’. The company has grown and expanded over the past decade to cater for business insurance, and crossed borders into the Namibian market as well as Australia. In 2010, Outsurance extended its product offering into the life insurance market.


After careful deliberation, Parity Software was chosen as the vendor handling the software upgrade. “Outsurance needed a software solution that will complement and aid their specific management process, manage their assets, assist their accounting process and provide mobile scanning solutions,” says Warren Williams, Parity Software Managing Director. “


Keith Fenner, Vice-President of Sales at Softline Accpac, says the technological solutions offered in Sage Enterprise Management formerly known as Sage X3 allow a system to be synchronised across a large base of operations. “The scalability and functionality of Sage Enterprise Management formerly known as Sage X3 will optimise the continued growth and development that Outsurance is showing. The software will adapt and enhance the growth of the business by growing with the company and offering access to state-of-the-art technology such as remote access, a customisable dashboard and interface, and real-time information that is available at your fingertips,” explains Fenner.


Hofmeyr says the Sage Enterprise Management formerly known as Sage X3 solution seamlessly integrates with their existing IT infrastructure. “The product is mature and offers the required functionality for our business that is optimised to accommodate our geographic spread. The software will enhance our functionality to track our physical assets, perform capital budgets and optimise procurement spend and process.”