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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...Abila Pushes Fund Accounting for Associations
Abila has undertaken a new initiative, which involves marketing its nonprofit accounting software to associations. It is a market that the Austin, Texas-software company had not previously undertaken. However, the association market has changed, according to Erin Shy, EVP of nonprofit solutions and Abila GM.
Paychex Happy with FY 18 Start
- Tuesday, 03 October 2017
- News
- Written by The Progressive Accountant
Paychex began fiscal 2018 with what CEO Martin Mucci called a "solid" start. For its first quarter ended August 31, the payroll services company reported net income of $227.8 million, a 5-percent increase from $217.4 million in last year's corresponding period.
BNA Debuts Leasing Portfolios
- Tuesday, 26 September 2017
- New Products
- Written by The Progressive Accountant
Bloomberg BNA has released two accounting portfolios to help accounting professionals understand the new leasing standard. The portfolios provide-depth analysis and practical guidance to assist with the assessment and implementation phases of the new standard.
Mostad Marketing Cloud Launched
- Tuesday, 26 September 2017
- New Products
- Written by The Progressive Accountant
Mostad & Christensen has introduced the Mostad Marketing Cloud, a platform that provides written content for client communications to tax and accounting professionals. The product gives firms the ability to autopublish to their digital marketing channels.
Checkpoint Health Plan Report Available
- Tuesday, 19 September 2017
- New Products
- Written by The Progressive Accountant
Thomson Reuters has released a Checkpoint special report on health plan reimbursement. The report is titled "Which Expenses Quality for Tax-Free Treatment Under a Health FSA, HRA, or HSA?", and discusses which expenses from these plans quality for reimbursement or tax-free distribution.
ADP, Pershing Exchange Charges
A proxy fight over three seats on the board of directors of Automatic Data Processing reached the finger-pointing stage this week. ADP claimed that William Ackman, whose Pershing Square Capital Management seeks to oust three board members, flipflopped on major issues and had misrepresented the size of his firm's stake in the payroll company.
Paychex: Don't Tender Shares
Paychex has urged its shareholders not to tender their shares in response to a bid made by an investment group. In a filing with the SEC this week, the payroll services company said it has been notified that TRC Capital Corp. intends to purchase up to two million share of Paychex common stock at a price of $54.75 per share.
Ackman Asks for Bigger ADP Board
Activist investor Bill Ackman, who has been seeking to defeat three incumbent members of the board of Automatic Data Processing, has now wants to expand the board by three seats. Ackman's proposal became public this week with his filing with the SEC of a letter written to the board, which also shows he met with the ADP board recently.
SmartVault Adds 3,000 Customers in Half
SmartVault had 17,000 customers in the half ended June 30 with 3,000 new customers added during that time. Those numbers were made public by GetBusy, the company spun off last month by Australian accounting software company, Reckon.
ADP Exec Pay Varied for 2017
Pay for named executives for Automatic Data Processing showed no real pattern for the year ended July 31. Overall compensation for CEO Carlos Rodriguez dropped to $10.6 million for the year just ended, down 2 percent $10.6 million for fiscal 2016.
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