Paychex has launched a new subscription-based service which is designed to protect against interruption of service. Paychex Promise, which has a variety of features, extends collection of payroll funds from a business’s bank account by seven days.

Cherry Bekaert has named a new managing partner. The tax and accounting says that among changes effective this week, Michelle l. Thompson, has become managing partner and CEO, succeeding Howard J. Kies, who held the position for 27 years.

Thomson Reuters has begun requiring multi-factor authentication for efiling tax returns. The company recommended the security measure during tax season but as of May 1 is requiring the technique.