News (1983)

The Progressive Accountant is the leading online communit of public tax and accounting professionals focused on using technology to better manage and grow their practice.

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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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Serenic Founders Buy OneSoft Line

Jay  Malik, TangicloudTangicloud, owned by Jay and Liesa Malik, the founders of Serenic Software, has purchased the OneNFP business unit from OneSoft Solutions. The Maliks are bringing the cloud-based nonprofit software group into the product line of their newest company. The deal brings them back into the NFP software market after several years' absence.

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Reckon to Grow SmartVault

SmartVaultSmartVault, which markets online document management systems, will expand into the United Kingdom and Australia under its new owner, Reckon. The Australian vendor outlined its plans for SmartVault, which it purchased in January, with the recent release of financial results for the year ended December 31.

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Blackbaud Earnings Fell Last Year

Mike Gianoni, BlackbaudNonprofit software vendor Blackbaud reported that net income dropped to $25.6 million for the year ended December 31, a decline of 9.4 percent from $28.3 million in 2014. The Charleston, S.C.-based company reported revenue of $637.9 million for the most recently ended year, up 12.8 percent from $564.4 million the prior year.

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Thomson Revs Down; But Tax & Accounting Up

James Smith, Thomson Reuters The Tax & Accounting business of Thomson Reuters continued its usual growth, while overall the parent company saw revenue drop for the year ended December 31. Revenue for Tax & Accounting rose by 7 percent before currency over 2014 as total revenue fell by 3 percent as currency dampened reported numbers. In the fourth quarter, revenue for ongoing business was actually up 2 percent before currency adjustments.

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Xero Integrates with Power BI

XeroXero has integrated its low-cost accounting software with Microsoft Power BI. The New Zealand-based cloud software vendor says the link will provide its users with an easier way to access and analyze information from Xero and other packages.

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FreshBooks Redesigned

Mike McDerment, FreshBooksFreshBooks, the online accounting application, has been redesigned with a summer release scheduled for the new version, according to a letter by CEO and co-founder Mike McDerment. McDerment said the update is needed to enable the company to meet its goal of serving self-employed professionals and their teams.

 

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CPE Exposure Draft to Be Re-issued

An Exposure Draft about revisions to standards for continuing professional education has been reissued by the National Association of State Boards of Accountancy and the American Institute of CPAs. The Statement on Standards for Continuing Professional Education  received 51 comments in the initial period for public comment from April through October last year.

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Prices Published for Sage Live

SagePrices have been published for three editions of Sage Live, the new online accounting and business application from Sage. The product is described as being suited for small business users who need mobile access to accounting data. Pricing for both the United States and the United Kingdom have been placed on Sage's websites for the two countries.

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Reckon Buys SmartVault

Eric Pualski, SmartVaultAustralia-based software vendor Reckon has acquired SmartVault, which markets document management applications. Reckon, once Intuit's QuickBooks distributor for its home country, markets online accounting packages in other nations and also the Virtual Cabinet document management system in the United States.

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Practice IQ Becomes Karbon

Stuart McLeod, Karbon Practice IQ, a company founded by owners of a payroll company acquired by Xero, has changed its name to Karbon. Based in Sydney, Australia, and San Francisco, Calif., Karbon is bringing to market collaboration tools for accounting firms. Kabron describes its product, which is in the preview stage, as "the central place that weaves all your communication and client interactions together."

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