Vorex Launches Referral Program with Recurring Revenue

Vorexhas launched its first partner referral program.

The company provides cloud-based professional services automation (PSA) and project management software for IT channel partners and small- to mid-size businesses (SMBs). As for the program, the structure is fairly simple and straightforward: Vorex channel partners can resell the cloud-based project management software, earning as much as 10 percent for referrals up to a 6-month timeframe, with a continuing 2 percent reward for the remaining term up to 24 months.

Channel partners earn monthly stipends following receipt of the first payment.

“A referral is the greatest compliment any business can receive and because our technology can be used by the VAR and [managed service provider] (MSP), as well as the SMB, a referral program to incent channel partners to resell Vorex software as part of their solutions stack was a logical next step,” said Mike Salem, CEO and president at Vorex.

He added, “Channel partners are the best sales force for targeting the business IT needs of SMBs, and we expect our referral program to be well received and become a core contributor to the company’s growth in 2015 and beyond.”

The company is also planning to add deal registration to the program later this year.

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