News (1984)

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Rippling Expands EOR Program 2

 Rippling has expanded its Employer of Record program to eight new countries. The change is part of the latest monthly release of the office application.

With EOR, a user can establish a legal entity in a country outside the United States, giving the user the ability to hire and pay employees in other countries. The latest additions are Colombia, Costa Rica, Denmark, Israel, New Zealand, the Philippines, Switzerland and Turkey.

In addition, Rippling is providing hourly workers with a weekly break down of pay on paystubs so they can see hours worked, including overtime, for each of the weeks included in the pay period.

Users can now down payroll comparison data as a CSV file. Rippling says it has also provided more efficient time-entry CSV imports for Time an Attendance since users can automatically reconcile timestamps based on the employee’s timezone and

filter down to a specific set of imported entries and delete only those 

They can also import thousands of entries in seconds, versus 30 minutes.

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Paychex Promotes Mucci to CEO

Martin MucciWith Paychex founder Tom Golisano joking on Tuesday about his reputation of being hard to work with, it made sense that the person named on Thursday as the payroll services provider's new CEO was an insider, Martin Mucci, SVP of operations. Mucci joined the company in 2002 after a career in the telecommunications business.

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Retirement Funds Boost ADP Exec Pay

Gary ButlerExecutives at Automatic Data Processing did not receive bonuses for the year ended June 30. But a jump in two retirement funds produced decent increases in total compensation. In the case of CEO Gary Butler, his pay for 2010 rose by 16.2 percent as his pension and deferred compensation plans saw a 60.3 percent increase in value for the year.

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CrossLink Opens Georgia Office

Charles PetzTRACY, Calif. - Petz Enterprises, which markets the CrossLink professional tax line for high-volume retail tax offices, has opened a Southeast regional office in Rome, Ga. It's the second regional office the California company has opened in the last 22 months.

 

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SEC: Utah CPA Siphoned Millions from Employer

The SEC has received a court order freezing the assets of Paul R. Beckwith, a 37-year old Layton, Utah, CPA, after accusing him of transferring millions of dollars from Theradoc, a company that employed him as assistant controller, to an account controlled by his CPA firm. He is also accused of investing the money in his own accounts and of altering Theradoc bank records to cover up the diversion.

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Paychex Plans Broad Pricing Changes

Tom GolisanoA broad-based change to Paychex's product bundling and pricing is on the way over the next week, founder and chairman Tom Golisano said in this morning's Webast of results for the first quarter ended August 31. And although results were better than expected, Golisano outlined a plan that he said is necessary to counter the deterioration of sales close rates, to make the company more competitive than it has been in the last few years and to look into international expansion.

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SEC Sets Gilman Fair Fund Plan

GilmanCiocia logoThe SEC has established a proposed Fair Fund plan via which disgorgement, prejudgment interest and civil penalties will be distributed to those who claim they suffered losses from the purchase of variable annuities sold fraudulently by GilmanCiocia, subsidiary Prime Capital Services and four representatives. CEO Michael Ryan and Chief Compliance Officer Rose Rudden have been barred from supervisory capacity in any broker dealer or investment advisor for one year in the same case.

 

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Accounting Giants Get Compliance Units

Thomson reuters logoThomson Reuters and Wolters Kluwer were marching in step this week as both tax and accounting companies said they were entering the government, risk and compliance market in a more concentrated way. Thomson got there by creating its own group while the next day its rival announced an acquisition to enable it to expand in the market. wolters kluwer logo Read more...

eFileCabinet Version 5.0, Document Management

eFileCabinet logoeFileCabinet Version 5.0, a document management application, incorporates document-level indexing and OCR-based full character search, along with document retention capabilities that can automatically purge, copy or archive files.

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Far-reaching Intuit Payment System on Tap

Brad SmithIntuit has developed an online payment system that will enable customers tIntuit logoo pay invoices online with funds transferred directly between the customers' and buyers' bank accounts. The Intuit Payment Network will not only enable these electronic payments, but the record of the transaction can automatically feed into QuickBooks 2011.

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Smith: Intuit Outages a "Comedy of Errors"

Brad SmithThe computer system outages that hit Intuit during the summer stemmed for a series of human errors. CEO Brad Smith told attendees Wednesday at the annual Intuit Investors Day. "If I walked you through all the things that happened, it would be a very disappointing comedy of errors," Smith said. Intuit, he continued, had the right systems and procedures; they just weren't followed.

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