Pegasus launches Opera 3 into UK mid-market.

29th October 2010

Pegasus, the UK software house is to officially launch the successor package to its popular Opera 2 product which has been serving the mid-market for around 10 years. Opera 3 which was unveiled to Pegasus’ dealer network last week and will be available to customers next week has been designed to provide a more appealing business proposition in a more testing economic environment as well as significant new functionality and features.

Talking to FSN, Stuart Anderson, Operations Director Pegasus Software, said, “We are seeing a pick –up for our products both as a result of taking market share and new entrants to the business software market with net new sales representing 25per cent of our licence revenues.”

Pegasus has invested heavily in a more modern Microsoft-style user interface with the now familiar ribbon bar and significant new functionality enhancements include ‘open-period’ accounting and the ability to produce and view multiple reports simultaneously. The company is also hanging onto the coat- tails of the government’s automated filing agenda by enabling the filing of VAT 100 reports directly to the government’s filing gateway. Anderson confirmed a raft of enhancement to be introduced in two phase over the next 12 to 14 months.

“We’re also giving customers greater choice in the way that they purchase the product,” added Anderson. Customers will have the option to buy the whole suite, buy individual modules or rent the software (hosted by dealers or on premises). “The integrated Suite for financials and supply chain offers a 25 percent saving over separate modules and we are offering a 25 per cent trade-in for customers migrating from competing products,” he added.

Pegasus’ Opera 2 user base now stands at around 9,000 ‘physical’ businesses representing approximately 20,000 customers.  Stuart Anderson told FSN that the migration form Opera 2 to Opera 3 is “straightforward” although customers will need to consult their dealers where they have made bespoke changes to the standard product.

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