Class Limited (ASX:CL1) selects BillingPlatform to Automate and Modernize Billing Processes for Leading Wealth Accounting Software

BillingPlatform, the leading global cloud-based monetization and billing solution provider, today announced it has signed a multi-year agreement with Class Limited, a leader in cloud-based wealth accounting solutions for accountants, administrators and advisors in Australia. After a thorough competitive review, Class selected BillingPlatform's billing and monetization solution to automate and scale its existing billing processes featuring diverse subscription and consumption pricing models.

Headquartered in Australia, Class offers a number of wealth accounting solutions, including Class Super for self-managed superannuation fund (SMSF) administration and Class Portfolio for investment portfolio accounting, administration and reporting. With 29% of all SMSFs administered by Class Super, it is the leading provider of cloud-based SMSF administration software. In fact, the company's software is used to administer more than 180,000 accounts by more than 1,600 accounting and advisory practices with a total value of net SMSF assets of $260 billion Australian dollars. In addition, Class has expanded its business to also offer a range of complementary legal, accounting and corporate compliance documentation products.