News (1965)

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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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Zen Renamed Gusto

ZenPayroll has been renamed Gusto. The cloud-based company made the change as it added health benefits and workers' compensation services to its payroll line. In a letter on the Gusto website, the company's founders said the new services are integrated with payroll to that employers and employees can onboard and manage all forms of compensation in one product.

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Intuit Starts $100M Small Biz Loan Fund

Brad Smith, IntuitIntuit has launched a $100-million fund in partnership with OnDeck. The software company had been testing a loan program for small businesses, utilizing data from QuickBooks software to help customers improve their chances of obtaining loan approval. Interest rates on the new funds will range from 8.9 percent to 19.9 percent and will be funded in as little time as one business day.

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AICPA Survey: Job Candidates Lacking

AICPAThe phrase "The right man or woman for the job" still rings true. According to an AICPA Economic Outlook survey,  business executives are having trouble finding the right candidates for unfilled jobs.

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Intuit: 60 Percent New Users Buy QB Online

Dan Wernikoff, IntuitIntuit, pointing to accelerating sales of its web-based accounting software, says 60 percent of new QuickBooks users are purchasing the cloud-based QuickBooks Online. The company has also hiked projections for the total number of QBO users it will have in two years by 10 percent. Intuit issued the data as part of its Investor's Day webcast last week.

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CEO Says Xero U.S. Operations Fine

Rod Drury, XeroXero is executing well in the United States, according to CEO Rod Drury, contending the only problems it has had stem from occasions it hired the wrong people. Thos were part of the remarks made by the head of the New Zealand-based cloud software company early this month in an interview with Radio Live after the company's stock hit a three year-low.

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Five BDO Partners Sanctioned

Sean C. Henaghan, BDO USAFive partners in BDO USA have been charged with dismissing red flags before issuing unqualified audit opinions. The firm was accused with issuing a five-page letter demanding an audit committee investigation of the 2009 and 2010 financial statements of General Employment Enterprises but then withdrawing the letter without explanation a few days later. Four of the five agreed to be suspended from practicing public accounting for varying periods. All received money penalties.

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Avalara Starts ProAdvisor Program

Avalara has launched a program for QuickBooks ProAdvisors and their QuickBooks Online clients in the United States. The Bainbridge Island, Wash.-based sales-and-use tax vendor is providing participants with not-for-resale copies of AvaTax for QBO. They receive a six-month free trial of the Avalara Sales Tax Compliance App for QBO for ProAdvisors' QBO clients.

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Exact Online Channel Being Planned

Erik van der Meijden, ExactExact is formulating a channel to sell its Exact Online cloud software. The company says that the organizations to be selected will likely be different from the majority of those that sell the Netherlands-based company's Macola and Max manufacturing packages. Exact is also putting together an accountant program to support its cloud-based products in this country.

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Mobile Apps Added to Sage 50

Connie Certusi, SageSage has officially described new features for Sage 50 Accounting U.S. Edition (formerly Peachtree for the first time in more than two years. The company, which has abandoned its former annual updates, says the new version has a streamlined installation and it has added access to chat support throughout the product. But at the center stage of the enhancements are apps for the iPhone and the iPad.

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QuickBooks Online Shows Strong Growth

Brad Smith, IntuitInuit says it added 110,000 subscribers to QuickBooks Online between the end of its third quarter on April 30 and its year end on July 31. In a recent earnings webcast, the Mountain View, Calif.-based software company said it had 1,075,000 subscribers at the end of the fiscal year, 57.4 percent higher than at the end of fiscal 2014.

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