SoftLedger announces revamped partner program

Accounting and financial reporting solutions provider SoftLedger announced a revamped partnership program with reduced pricing for certain participating firms. 

The program is meant for firms who have clients with multi-entity or multi-currency pain points. Participants get a favorable percentage discount for their clients, as well as access to the SoftLedger platform, which provides users a way to see all their customers in one place and access multiple accounts. All accountant partners will also receive expert support, which includes full sandbox access, comprehensive training as well as an individual point of contact. They will also play a role in the platform's development, as they will also be an honorary member of the development Partner Advisory Board. 

Firms can choose to become either Alliance Partners or Channel Partners. An Alliance Partner is a contract-based partnership in which firms purchase and bundle SoftLedger with their own services. This comes with direct purchase and bundling support, volume pricing and white-label options. A channel partner is a referral partnership with a percentage-based commission structure for successful client transitions. It comes with sales support and marketing materials. 

Previously, SoftLedger offered discounts for firms who referred clients and offered further discounts for firms who purchased instances, said CEO Ben Taylor in an email. While the Channel Partner track has remained largely the same, the Alliance Partner option has been revamped with a pricing discount: whereas it used to cost $6,000 a year, now monthly pricing is less than $100 a month for such partners. 

SoftLedger stressed that the relationship between itself and partner firms is not as a sales rep or marketer; there are no quotas to fill or percentages to account for. 

Taylor, in a statement, noted that he developed SoftLedger out of frustration with his own experience as an accountant. 

"SoftLedger was founded based on my personal frustrations as an accountant using legacy general ledger software. So, for more than a decade we've been providing better software for accountants," he stated. 

The news comes about half a year after the company announced it had jointly developed a solution with digital asset reporting and analysis company Node40 that lets users integrate digital asset data within the accounting services and offerings of SoftLedger. 

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