Revolutionizing Cooperative Management with a Comprehensive SaaS Solution

Levridge Equity and Patronage offers a suite of tools that streamline the complex tasks of managing stock classes, equity allocations, patronage refunds, and more. By automating these processes, co-ops can significantly reduce administrative burdens, increase accuracy, and improve compliance, ultimately enhancing member satisfaction.

Download a PDF of the Levridge Equity and Patronage Product Sheet.

Equity Tracking: Precision in Management

At the heart of any cooperative is its equity structure. Levridge Equity and Patronage offers advanced tools for managing new equity distribution, including calculating the percentage retained and the amounts allocated to members. This feature also helps cooperatives manage the amounts set aside as patronage refunds.

Equity Revolvements: Simplifying Complexity

Equity revolvement is a critical process in cooperative management, involving the return of historic equity to members. This process can be triggered by specific events or be part of the ongoing operation of the coop. Levridge Equity and Patronage simplifies equity revolvements by providing tools to track and manage these transactions efficiently.

Member Management: Enhancing Engagement

One of the standout features of Levridge Equity and Patronage is its focus on member management. The solution provides 24/7 access for members to view their equity status, track current patronage refunds, and access tax forms. This level of transparency and accessibility is crucial for modern coops that aim to keep their members engaged and informed.

Streamlined Setup:  Straightforward Implementation

Implementing a new software system can be daunting, but Levridge Equity and Patronage makes the process seamless with its streamlined setup. The solution guides coop managers through the steps of importing member data, equity balances, and shares, as well as setting up allocation and payment histories.

Patronage Management and Reporting: Ensuring Compliance

Compliance with tax regulations and accurate reporting are critical aspects of coop management. Levridge Equity and Patronage provides comprehensive tools for managing patronage payments, including determining whether dividends are qualified or non-qualified and generating each member’s annual 1099-PATR form.

The Benefits of a Cloud-Based Solution:

Levridge Equity and Patronage is a cloud-based SaaS solution, which brings several advantages over traditional, on-premise software systems.

• Accessibility and Flexibility
• Scalablity
• Automatic Updates
• Cost-Effectiveness

Levridge Equity and Patronage represents a new era in cooperative management, offering a comprehensive, cloud-based solution that addresses the unique challenges of cooperatives. By automating key processes, improving member engagement, and ensuring compliance, this solution empowers co-ops to operate more efficiently and effectively.