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VERSACCOUNTS HITS EUROPE Featured

Liam Mullaney, SageVersAccounts has hired former Sage executive Liam Mullaney to lead its expansion into Europe. Based in Portland, Ore., VersAccounts says its products bridge the gap between low-end offerings like Xero and midmarket products offered by companies such as Sage. Mullaney, once CEO of Sage Ireland and now CEO of VersAccounts Europe, notes the company operates only via the channel and customers get access to all core modules: the required base system, Financial, Purchase to Pay, Order to Cash, Inventory, Logistics, Fixed Assets and Projects.

The webpage notes, “Depending on business requirements User access to specific Modules can be limited.” The VersAccounts Solution Provider Network was launched in March and members receive half of net monthly subscription fees on deals they originate and 30 percent of the net on those referred to them. They also receive 50 percent of implementation fees. Referral Consultants get 20 percent on deals they source. Like everyone else new to the business, VersAccounts say it is out to disrupt the pricing and distribution of financial software.

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