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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.
View items...NASBA, AICPA Launch CPAmobility.org
- Friday, 29 July 2011
- News
- Written by The Progressive Accountant
The National Association of State Boards of Accountancy and the American Institute of CPAs have launched CPAmobility.org. The bodies say the online tool is designed to help CPAs navigate practice privilege requirements that enable them to more easily practice across state borders.
Read more...ADP 4Q Revs Up 14 Percent
- Thursday, 28 July 2011
- News
- Written by The Progressive Accountant
Payroll services giant Automatic Data Processing reported a 5-percent rise in net earnings from continuing operations on top of 11-percent growth for the year ended June 30. And the year ended on an uptick with a 16 percent rise in net income from continuing operations and a 14-percent rise in revenue in the fourth quarter.
In a prepared statement, CEO Gary Butler commented, "Our key business metrics continued to trend positively and were the strongest they have been in three years."
Fourth-quarter net income was $241.8 million, up from $207.6 million a year earlier. Revenue for the most recently ended period was $2.18 billion, compared to $1.9 billion. Organic revenue grew by 9 percent during the period.
For fiscal 2011, net income hit $1.254 million, a rise from 2010's $1.21 billion. Revenue for the most recently ended year was $9.9 billion, up from $8.93 billion the prior year. Employer services revenue was up 9 percent year-over-year in the fourth quarter; 6 percent organically. Payroll revenue was up 13 percent for both the quarter and the year with 3 points of that increase coming from acquisitions.Read more...
Thomson Tax, Accounting Results Shine
The financial community has focused on the executive house cleaning at the Thomson Reuters Markets Division this month. So during this mornings' earnings webcast, financial analysts asked few questions about the company's Tax & Accounting business which reported a 43-percent increase in operating profit, a 10-percent rise in revenue, and a nice jump in operating margin for the second quarter ended June 30.
Morningstar Direct Leads Rev Growth
Revenue growth from Morningstar Direct, a web-based institutional research platform, was one of the fastest growing lines as the financial services company Morningstar reported a 47.1-percent increase in net income on an 18.3-percent increase in revenue for the second quarter ended June 30. Meanwhile, the company said there was only a slight rise in licenses for its Advisor Workstation line.
Bank Product Revs Trim CCH Results
Revenue for the Tax & Accounting operations of Wolters Kluwer, the parent to CCH, fell by 1 percent for the year ended June 31. And while CCH wasn't mentioned by name, its Small Firm Services operation clearly had an impact on the division as Wolters Kluwer said a change in bank products cut overall revenue.
Workflow Apps Going Mobile
Workflow applications and mobile devices have been two of the hottest technologies in the tax-and-accounting marketplace. So making workflow and project management functions available via smartphones and tablets is about a logical combination as bread and butter.
Read more...IntelliConnect to Support Safari
CCH's IntelliConnect research platform is going to support the Apple Safari operating system this year. It's a tribute to just how far Apple has come in gaining acceptance in the business market and is part of the developing mobile strategy of the tax and accounting vendor. Read more...
Drake To Market Beyond415
- Tuesday, 26 July 2011
- News
- Written by The Progressive Accountant
Drake Software is going to market Beyond415, a web-based application from New River Innovation, which handles events after tax filing, such as Internal Revenue Service notices, issues, audits and client management. Under the multi-year agreement the companies are conducting joint marketing efforts.
CCH Buys SpeedTax
- Tuesday, 26 July 2011
- News
- Written by The Progressive Accountant
CCH has acquired SpeedTax, a Laguna Hills, Calif.-based company that markets internet-based sales-and-use tax applications. CCH said that SpeedTax would continue to be offered as product line separate from its CorpSystem tax product. SpeedTax's web-based system performs automated tax-calculations.
Intuit Intros QuickBooks Mobile for Android
- Monday, 25 July 2011
- New Products
- Written by The Progressive Accountant
QuickBooks Mobile for Android is designed for businesses using QuickBooks Pro, Premier and Online enabling users to perform such QuickBooks tasks as creating estimates, managing invoices and viewing customer details via mobile phones.The application automatically syncs with QuickBooks and provides access to customer and sales information.
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