Sage completed the acquisition of Fyle.

Sage, a provider of accounting, financial, HR and payroll technology for small and mid-sized businesses, completed the acquisition of Fyle, an AI-powered expense management platform. Financial terms were not disclosed. “Our mission has always been to make expense management intuitive -- so that our users never have to actively think about the task in any meaningful way, and so that their finance departments have the data transparency and assurance they need during close. As a longtime partner of Sage, we know the company shares our focus on delivering great software experiences, and we are excited about the collective impact we can have on the financial operations of SMBs– who are 90% of the global economy,” Yashwanth Madhusudan, Fyle CEO and co-founder.