White label accounting software is an excellent choice for startups and small to midsize businesses. Small business owners report spending, on average, over 80 hours a year on business accounting, and the time spent can quickly spin out of control when dealing with complex accounting issues. Fortunately, outsourcing to a white label accounting software partner is a cost-effective and reliable option for managing your accounting needs.
White label accounting software is software produced by a company and then rebranded and sold by another company. This provides myriad benefits: you can focus your efforts where it counts, which is hugely important in startup and small business environments where staffs are smaller; you can save time, money, and resources; and, you have the best accounting software–the experts in the field–at your fingertips.
- You can focus your efforts where it counts
If you’re working with a skeleton crew, every minute of every day is a precious resource. Being able to outsource complex tasks and processes can be a lifesaver. Instead of reinventing the wheel and developing an in-house accounting solution, take comfort in knowing that you can redirect your efforts to what you and your team are good at.
- You can save time, money, and resources
By enlisting white label accounting software, you can save thousands. While a single accountant’s annual salary can be between $60,000 and $80,000, accounting software can be outsourced starting at just a few hundred a month. And in additional to the salary savings, you also save on overhead, training, hardware, benefits, and more.
- You have experts at your fingertips
White label accounting software provides accounting expertise that a junior accountant who is not yet an expert in their field cannot provide. Having access to the experts gives you peace of mind that your accounting is always up to date and compliant.
How can Flexi help?
Flexi is one of the few vendors that has proven and delivered white label accounting solution integrations at scale for more than two decades. Flexi’s Industry Partnership (FIP) program provides software companies with the ability to OEM Flexi’s accounting solutions and seamlessly integrate them with their products through Service-Oriented Architecture (SOA) and web services.
World leading brands have relied on Flexi’s FIP program to gain a competitive advantage by quickly and easily expanding product offerings, increasing revenue, and providing customers with the convenience of a single-vendor solution, all while avoiding the cost and risk of in-house development.
The following attributes make Flexi a great white label accounting software partner:
- Flexi significantly decreases time-to-market
- Flexi eliminates the risk of stagnant, outdated software
- Flexi strengthens customer loyalty with a more complete solution under your own brand
- Flexi grows revenue through a proven partnership with a trusted leader in accounting software
- Flexi provides expertise and a support team to ensure a smooth implementation