VersAccounts* Launches EcoSphere* Channel Partner Program For Value Added Resellers (VARs)

ATLANTA, PORTLAND, Ore., VANCOUVER, British Columbia and TORONTO, March 18, 2014 /PRNewswire/ -- VersAccounts* Ltd. today launched its EcoSphere Solution Provider Network Program to partner with Value Added Resellers (VARs) and Referral Consultants.

"We have been working with channel partners globally for over a year, and developed this program with them" said Sunil Pande, CEO of VersAccounts. "It is based on our core principals of simplicity, fairness, transparency, and common sense, and rejects the complicated, deal based approaches to partnering that are common today. We aspire to work with the channel as true partners in a co-equal and collaborative relationship. One sided partnering arrangements don't have any place in the future. They are bad for the partner, and as a consequence bad for customers, and we will have nothing to do with them."

"The VersAccounts Solution Provider Program continues our tradition of challenging the norm" said Jay Wendland, Head of Sales and Chief Partner Advocate at VersAccounts. "Unlike traditional reseller programs we don't charge an annual membership fee. We also offer free unlimited 24x7x365 priority support to our partners. Partner margins are 50% in perpetuity, and we reject the whole concept of achievement tiers."

VersAccounts was founded to offer ERP to even the "smallest of the small" among Small Businesses. Many small businesses have IT system needs that are every much as sophisticated as those of their largest competitors. But they have never had the financial resources to afford what was required. As a result they made do. By improvising. Putting multiple incompatible systems together into a solution. Excel for inventory. Quickbooks Online for invoicing. Quickbooks 2003 for purchase orders, Microsoft Outlook for CRM etc.

VersAccounts has changed all that. By making a powerful modern cloud ERP system available to these companies at a price they can easily afford. A system that is fully mobile. One that is much more capable than anything their competitors have. Finally creating a level field.

VersAccounts customer Defiant Industrial LED is a small but fast growing supplier of durable, high-quality LED lighting solutions for industrial applications. With products manufactured globally and distribution across North America, Defiant needed a reliable and flexible solution to meet the company's evolving needs. VersAccounts enables Defiant to manage the company's entire operation within a single, affordable system that they would not outgrow.

"Working with VersAccounts is actually fun," said Fred Blauer, of Fred Blauer Associates, a consulting alliance based in Montreal, Canada. "They have a great product that can address the real life problems of businesses with advanced ERP needs. Even if these businesses are small. And they are easy to work with. I have been working with them on several deals for many months now and always found them very responsive and transparent in their dealings. I look forward to helping VersAccounts evolve their offering in the years to come and to servicing mutual clients."

VersAccounts EcoSphere Solution Provider Network
The VersAccounts Solution Provider Network is a key part of the VersAccounts Partner EcoSphere. Solution Providers may be individuals or businesses. Solution Providers that provide VersAccounts with referrals only are called Referral Consultants. Solution Providers that assist VersAccounts through the prospecting to sales cycle, and then through implementation, and finally in supporting the Customer on an ongoing basis, are Value Added Resellers (VARs).

Benefits of becoming a VAR include:

• 50% of the net monthly subscription fees on deals sourced by them.
• 30% of the net monthly subscription fees on deals referred to them.
• Plus VARs receive 50% of implementation fees.

Benefits of becoming a Referral Consultant include:

• 20% of the net monthly subscription fees on deals sourced by them

Common benefits available to all VARs and Referral Consultants include:

• FREE membership in the VersAccounts Certified Solution Provider Network.
• FREE use of VersAccounts in firms responsible for $24,000 new ARR each year.
• FREE access to VersAccounts and Add-On products for demonstration purposes.
• Unlimited FREE priority access to 24x7x365 VersAccounts Support Services.
• Promotion of their company by VersAccounts to its prospects and customers.
• Access to marketing tools and programs from VersAccounts and third parties.
• Access to the VersAccounts Partner logo and other branding and promotional tools.

For more information please visit http://www.versaccounts.com/partners/Partnering-With-VersAccounts.html

About Fred Blauer Associates:
Fred Blauer and Associates is a consulting alliance that provides information systems consulting services, including needs analysis, system selection and evaluation, project management, and implementation of various business systems such as Accounting/ERP, eCommerce, CRM, HRM and specialized solutions for certain industries. In addition they have deep experience in systems audit, controls and risk assessment. They also provide outsourced CFO services to startups and tech companies. For more information please visit http://fblauer.com/.

About Defiant Industrial LED:
Defiant Industrial LED provides high wattage LED lighting solutions that are powerful, reliable, and built to withstand the harshest industrial environments. The company was established to meet the need for high output LEDs meeting North America's strict industrial engineering standards. Their solutions provide high-efficiency lighting that greatly reduces energy costs while complying with stringent industry standards and certifications. For more information please visit http://defiantenergy.ca/.

About VersAccounts:
VersAccounts offers a mobile cloud ERP system for small and medium size businesses. It is designed to meet the price and functionality needs of companies that have outgrown Entry-level Accounting like Quickbooks, Sage 50, and Xero but find traditional Mid-tier ERP offerings like Sage 100/300/500 ERP, MS Dynamics, Intacct, FinancialForce, and Netsuite too cumbersome, unfriendly, and expensive. For more information please visit http://www.versaccounts.com.

*VersAccounts, EcoSphere and the VersAccounts and EcoSphere logos are registered service marks of VersAccounts Limited. Other company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated.

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SOURCE VersAccounts Ltd.