News (1975)

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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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Bloomberg Buys BNA at Three Times Revs

Financial media giant Bloomberg is buying one of the stalwart plaBNA logoyers in the tax and accounting field, the Bureau of National Affairs, for $990 million, three times the $331 million the target company reported for revenue for the year ended December 31. BNA will operate as a standalone unit once the deal closes this year.

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Intuit Creates ProAdvisor Tiers

Intuit has created a tiered program designed to reward members of its ProAdvisor program that obtain QuickBooks certification. The program provides greater product discounts to those who develop more skills and also penalizes those who do not by ending the offer of free support to all of the more than 60,000 members, a combination for carrot and stick for a program that has historically made no distinction in rewards given to its members.

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McGladrey Units to Reunite

McGladreyThe two organizations that were once operated as McGladrey & Pullen will reunite when the accounting firm of that name acquires RSM McGladrey for about $610 million from H&R Block, about double what the tax services company paid to purchase the unit 12 years ago. The parties continued to function under the McGladrey name under what they described as an alternative practice structure, but the Block-owned organization had noticeably weakened over the last few years.

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Intacct Honors Six in Channel

intaact logoOnline accounting application vendor Intacct has named six organizations to its 2011 President's Club,  an award the company said is based on sales success and client service. Among those selected were three CPA firms. Horne LLP of Ridgeland, Miss.; LarsonAllen of Minneapolis and SingerLewak of Los Angeles.

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Wave Starts Accountant Program

Wave Accounting, a nine-month-old company, has started the Wave Pro Network, a program aimed at getting accountants and bookkeepers involved with its online accounting application. Currently there is no application form and the company does not plan to charge fees for professionals to join.

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AICPA Wants Optional IFRS Adoption

Barry Melancon The American Institute of CPAs has recommended that publicly held companies in this country be given the option of adopting International Financial Reporting Standards. The organization made its opinion known in a letter to the Securities and Exchange Commission.

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Intuit Kills Billing Manager

IntIntuit logouit is dropping its free online Billing Manager application on September 30. The company is offering users of the cloud-based product its QuickBooks Online Simple Start at no charge for one year as a replacement. Read more...

Jackson Hewitt Exits Chapter 11

Philip SanfordJackson Hewitt Tax Service, which had filed a re-packaged reorganization plan on May 24, has emerged from Chapter 11. CEO Philip Sanford says the now privately held company has a fully funded business plan, a strong balance sheet and the ability to make investments. The plan was confirmed by the U.S. Bankruptcy Court in Wilmington, Delaware on August 9. Read more...

Sage FAS Fixed Assets 2012

Sage logoFAS Fixed Assets 2012 adds task-based navigation and dedicated functional working areas while a new graphical process map is offering to simplify conducting physical inventories. An Assistance Center offers customers access to industry best practices and outside resources.

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Drake Buys Copanion

drake logoDrake Software plans a special push to introduce the products of recently acquired Copanion to its installed base. It will also leave the maker of the Gruntworx line in operation as a separate company at its Andover, Mass.-based headquarters.

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