News (1966)

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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 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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Accounting Pros Grow Intuit Profits

Intuit logoOver the last six fiscal years, Intuit has produced a dramatic increase in the profitability of its accounting professionals business. The segment, whose income comes from the sale of professional tax applications and QuickBooks Accountant and from ProAdvisor income, is not the biggest or the most profitable of the vendor's seven financial reporting segments. Still it has done well because of two factors that Intuit has cited as gains in operating income outstripped revenue growth.

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Block Controller Named CFO

Jeff BrownKANSAS CITY, Mo. - H&R Block, which has been suffering from a loss of top executives this year, has named controller Jeff Brown as chief financial officer. Brown has served interim CFO following the departure of Beth Shulman in the spring.

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Red Gear Gets Block Exec As President

Chip CoonsSALT LAKE CITY - RedGear Technologies, which markets the TaxWorks tax preparation software line, has named Chip Coons as its new president and CEO. Coons, an executive with RedGear's owner H&R Block,  replaced David Wayne Bates, son of company's late founder Wayne Bates, who remains as senior vice president. Read more...

GoFileRoom Workflow and Document Management

ThomsonReuters logoGoFileRoom, a document management and workflow application, has a new homepage-style interface allows users to customize the display of information via windows and tiles that they can tailor to their roles and workflow needs. There is also a new notification module in the Web-based system that enables managers to establish custom rules and reminders.

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