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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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Wave Accounting Gets $12 Million

wave logoWave Accounting has secured $12 million in funding for its efforts to develop the market for its online accounting applications. Based in Toronto, Wave said the funding round was led by The Social+Capital Partnership with participation from existing investors Charles River Ventures and OMERS Venture.

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NetSuite Signs GT, Deloitte, Frank Rimerman

NetSuite is making strong inroads into the accounting community. At its SuiteWorld conference, underway this week in San Francisco, it announced three accounting firms and Sage's largest reseller as new additions to its channel.

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A Cloudy Year for Accounting Software

The technology press likes to declare something a "Year of ..." whatever the hottest trend is. But evidence is building that 2012 is going to be a big year for the sale of accounting applications that run on the web. Now, as is usually the case, there are usually a few big years once a new technology catches on.

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SmartPros Results Flat

smartpros Continuing education provider Smart Pros turned in results for its first quarter ended March 31 that showed both revenue and its net loss virtually unchanged from results in 2011. The company said lingering results from the recession and competitive factors kept a lid of its business. Read more...

TaxAct Revs Up 9 Percent

William Ruckelshaus, InfoSpaceTaxAct, the tax preparation software company purchased by InfoSpace, had pro forma revenue of $61.9 million a 9-percent increase from $56.8 million for the first quarter ended March 31. TaxAct, purchased on January 31 contributed only two months of actual results to its Bellevue, Wash.-based parent.

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Sage and Avalara Ally for Accountants Network

Avalara

Sales-and-use tax vendor Avalara is joining with Sage North America to provide resources to members of the Sage Accountants Network. Avalara's Accountants Resource Center provides tools and educational resources for helping them increase their sales tax knowledge.

 

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CCH Offers Estate Planning, R&R Treatises

cch logoThe CCH Expert Treatise Library now features two new titles: Estate Planning by John Price and Samuel Donaldson, and Federal Research and Developmental Tax Incentives, which was written by Michael D. Rashkin. Read more...

CliftonLarsonAllen to Resell Avectra

CliftonLarsonAllenCliftonLarsonAllen has agreed to resell Avectra's Social CRM to associations and nonprofit organizations.The accounting firm will offer the Avectra product in combination with Intacct's online accounting software. It is the latest move in the expansion of McLean, Va.-based Avectra's reseller program.

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ADP Revenue and Net Up 7 Percent for 2012

Carlos Rodriguez, ADPAutomatic Data Processing rolled sevens for its fiscal 2012 as net income, and revenue for employer services and total revenue all increased by 7 percent over 2011. And the company's metrics were strong in almost all areas for the year just ended.

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CompuPay Folds into BenefitMall

Bernard DiFiore, BenefitMallAustin Ventures has led a round of equity financing that merged BenefitMall, which provides employee benefit plans through a broker network, and CompuPay, a payroll services and software provided. Terms were not disclosed. The payroll operations are now known as CompuPay, a BenefitMall company.

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