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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...AnswerConnect Users Can Access Paychex App
Users of CCH Answer Connect can now access a Paycheck Protection Program loan forgiveness estimator developed by Paychex. The connection was announced this week by Wolters Kluwer Tax & Accounting, which owns the CCH line.
Canopy Adds Productivity Dashboard
Canopy, which makes tax resolution software, has added a productivity dashboard to its practice management application. The new tool displays display time budgets on all tasks and subtasks.
QBO Accountant Gets Performance Center
Intuit has made the Business Performance Center available in QuickBooks Online Accountant. Previously available only in QBO Advanced, the center enables users to manage key performance indicators, charts, and reports in a central place.
Xero Increases Starter Plan Limits
Xero has extended existing functions to new users, along with upgrading its Starter plan. The cloud software company made the information available on Xero On Air, a series of webinars being held through Thursday September 17.
KPMG: M&A Investments Drop Dramatically
Merger and acquisitions have stalled, according to a study by KPMG International. The conclusion is from the bi-annual report on global financial technolgoy investment, the Pulse of Fintech H1’20, release this month.
Incentive Drop Cuts Paychex Pay
Sharp declines in non-equity incentive compensation for Paychex’s named executives pushed salaries down for four of five leaders for the year ended May 31. Only Martin Mucci, CEO of the payroll services company, received an increase over fiscal 2019 and that was 1.7 percent.
AICPA Survey: Execs Still Glum on Economy
Sentiment has improved but business executives are still glum about the economy, according to the findings of the third-quarter AICPA Economic Outlook Survey. Although it was up from 20 percent last quarter only 24 percent of respondents were a optimistic about the economy for the next 12 months.
CPA Domain Name Launched
The domain name .cpa has begun rolling out. The restricted Internet domain from the American Institute of CPAs and CPA.com entered what the sponsors termed an “early-phase’ debut.
Bill.com Spending Increases Loss
An increase in operating expenses led Bill.com to a fiscal 2020 loss that was four times the prior year's red ink. The payments software company lost $31.1 million for the most recently completed year, compared to a $7.3-million loss for fiscal 2019.
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Xero Names Director for Hispanic Market
Jackeline Velez has been named as director for the U.S. Hispanic market by cloud software vendor Xero. Velez’s team will focus prove education materials to Hispanic accountants and bookkeepers and will offer product training, translated content and events.
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