Senior VP, Corporate Communications
Bigstep.com Partners with Premier Web-Based Accounting
San Mateo, Calif. - April 24, 2000 - NetLedger, Inc.,
the gateway to e-commerce and world's first provider
of a Web-based accounting solution for millions of small
businesses, today announced a co-brand partnership with
Bigstep.com, an e-business services company that is
taking a leading role in bringing small businesses to
the Web. NetLedger will provide Bigstep.com's customers
with direct access to its easy-to-use, feature-rich
Web-based accounting solution as a critical back-end
service on Bigstep.com's eCommerce application platform.
As part of the agreement, Bigstep.com is building a
co-branded service where NetLedger's members can take
full advantage of Bigstep.com's free, integrated services.
The co-branded service will be available mid- May.
As a result of the reciprocal partnership, NetLedger
will reach out to an expanded distribution channel:
click-and-mortars going online and e-business start-ups.
Bigstep.com's wide customer base of small business members
use its e-business solution to build and manage Web
sites, conduct secure eCommerce transactions, send personalized
email newsletters, receive detailed reports, market
online and access various backend services.
"NetLedger and Bigstep.com are both committed
to providing small businesses with a full spectrum of
services that allow them to compete in today's global
e-commerce marketplace," said Bill Mirbach, president
and chief executive officer of NetLedger. "We view
this agreement not only as an opportunity to extend
NetLedger's reach but also as a means of providing value-added
services to both NetLedger's and Bigstep.com's customer
base. This is a win-win situation."
As an online application service provider (ASP), NetLedger
makes it easy to manage a business' finances anytime,
anywhere from any Internet-ready computer. Based on
the Oracle 8i® database, NetLedger delivers the
power, reliability and security of an enterprise-level
accounting solution, combined with the ease of use of
a small-business-accounting package. Its feature-rich
services enable small businesses to quickly and easily
do everything from managing accounts receivable to writing
checks to accessing financial reports.
"Small businesses look to Bigstep.com as an ebusiness
partner for end-to-end solutions," said Andrew
Beebe, CEO of Bigstep.com. "We are excited to partner
with NetLedger who shares a common goal to offer smart,
efficient and time-saving tools for the small business
About Bigstep.com. Bigstep.com is an e-business services
company leading the movement of small businesses to
the Web. Bigstep.com is a free, do-it-yourself, online
service center where small businesses can build a business
Web site, communicate with customers, market the site,
accept credit cards, track visitors, and more. Based
in San Francisco, Bigstep.com has won PC Magazine's
Editor's Choice Award, Home Office Computing's Gold
Award, Computer Current's Annual Reader's Choice Award,
PC Computing's MVP Finalist Award, and has been named
one of the Top 50 Private Companies by Red Herring magazine.
The company is privately-held and funded by Worldview
Technology Partners, InterWest Partners, Cardservice
International, Compaq Computers, Office Depot, US Venture
Partners, Mayfield Fund, The Washington Post Company,
Angel Investors, LP, Partech International, Draper Richards,
Argus Capital, Staenberg Private Capital and private
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