News (1975)

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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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DeRosa Mangold Top Intacct Rookie

DeRosa MangoldDeRosa Mangold Consulting of Waco, Texas, was recently named Sage Intacct Rookie of the Year. The firm was selected as the software company handed out awards for its reselling program and its Intaact Accountants Program.

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Xero Raising $300M for Acquisitions

Steve Vamos, XeroOnline software vendor Xero is issuing $300 million in notes to provide funds for acquisition. The offering for 2.375 per cent guaranteed senior unsecured convertible notes due 2023, which will trade on the Singapore exchange, is expected to closed on October 4.

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Excel Gets Photo Capability

ExcelMicrosoft has added a feature to Excel that enables the convert photographs of tables into Excel files. The company this week announced the Insert Data from Picture feature at its Ignite conference as part of a long list of new products and capabilities. It is also giving Excel the ability to deal with more data types.

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ADP Exec Pay Up Double Digits

Carlos Rodriguez, ADPExecutives for Automatic Data Processing received double-digit increases in compensation for the year ended. Filings with the SEC show CEO Carlos Rodriguez received $12.5 million for the year ended June 30, up 17.4 percent from the prior year.

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Thomson Offers Lease Accounting Guidance

Anne-Lise Dorry, Thomson ReutersThomson Reuters has released a special report, An Overview of the New Accounting Model for Leases. The report addresses FASB’s guidance on leases, which was issued in February 2016: FASB’s Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842).

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Kashoo Testing Updated Software

Jim Secord, KashooKashoo is forming a focus group to react to new features in its online financial software. The company says that up to 10 small business people chosen to evaluate the changes  They may also participate in testing before a broader release this fall.

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Bloomberg Intros Lease Asset Product

Ken Crutchfield, Bloomberg Tax TechnologyBloomberg Tax Leased Assets has been released to help organizations comply with FASB ASC 842. The application classifies and tracks operating and finance leases across multiple years, computes complex right-of-use asset and lease liability amounts, automates workflows, and integrates with ERP systems.

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Intuit Names Top 2018 Firm Picks

Ariege Misherghi, IntuitIntuit has selected five firms as finalists for the 2018 Intuit QuickBooks Global Firm of the Future. The winner will be announced at the software company’s QuickBooks Connect conference in November.

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Wolters Kluwer Introduces Tagetik Hub

Marco Pierallini, CCH TagetikWolters Kluwers Tax & Accounting has recently introduced the CCH Tagetik Analytic Information Hub. The new product is described as a module to extend Tagetik Finance Transformation Platform through new data management and analytics capabilities.

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Thomson Issues Cybersecurity Paper

Thomson Reuters has released a white paper to help businesses protect themselves from computer breaches. The paperHow Small and Mid-Sized Entities Can Protect Themselves from a Cybersecurity Breach” helps these organizations develop an information security strategy that includes the application of preventive, detective, and reactive controls.

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