News (1974)
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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...McKinstry Pay up 7.5 Percent in 2015
- Tuesday, 15 March 2016
- News
- Written by The Progressive Accountant
Compensation for Nancy McKinstry, CEO of Wolters Kluwer, was 7.5-percent higher for the year ended December 31 than in 2014. The pay figures are part of the remuneration report that is included in the publishing company's annual report, which was released last week.
Bond Street Offers Lending Program
- Monday, 14 March 2016
- News
- Written by The Progressive Accountant
Bond Street, which offers small business term loans, is giving members of ICB USA the ability to participate in the Bond Street Accounting Professional Partner Program. Under the program, bookkeepers who are members of the association can receive discounts or take referral fees for referring customers to Bond Street.
Xero Intros TaxTouch
- Wednesday, 09 March 2016
- New Products
- Written by The Progressive Accountant
Xero has introduced TaxTouch, an income and tax-tracking mobile application for freelance workers. Designed for those who submit Schedule C with their tax returns the app can separate expenses by swiping right for business or left for personal ones. It is initially available on the iOS platform with an Android version to follow.
Online Products Lift Intuit Results
Sales of TurboTax Online and QuickBooks Online gave Intuit strong financial results for the second quarter ended January 31. The company says its consumer tax products gained market share, probably at the expense of tax stores, while more than 100,000 QBO subscribers were added during the three-month period.
CEO: CCH Axcess Gains at Big Firms
The CCH Axcess online suite is doing well among large accounting firms, Nancy McKinstry, CEO of Wolters Kluwer, said in a recent earnings webcast. McKinstry made her comments as the company reported results for the year ended December 31. Wolters Kluwer reported an 11-percent drop in net profit, but a 17-percent rise in operating profit and a 15-percent increase in revenue for the most recently completed year.
Serenic Founders Buy OneSoft Line
Tangicloud, owned by Jay and Liesa Malik, the founders of Serenic Software, has purchased the OneNFP business unit from OneSoft Solutions. The Maliks are bringing the cloud-based nonprofit software group into the product line of their newest company. The deal brings them back into the NFP software market after several years' absence.
Reckon to Grow SmartVault
SmartVault, which markets online document management systems, will expand into the United Kingdom and Australia under its new owner, Reckon. The Australian vendor outlined its plans for SmartVault, which it purchased in January, with the recent release of financial results for the year ended December 31.
Blackbaud Earnings Fell Last Year
- Tuesday, 16 February 2016
- News
- Written by The Progressive Accountant
Nonprofit software vendor Blackbaud reported that net income dropped to $25.6 million for the year ended December 31, a decline of 9.4 percent from $28.3 million in 2014. The Charleston, S.C.-based company reported revenue of $637.9 million for the most recently ended year, up 12.8 percent from $564.4 million the prior year.
Thomson Revs Down; But Tax & Accounting Up
The Tax & Accounting business of Thomson Reuters continued its usual growth, while overall the parent company saw revenue drop for the year ended December 31. Revenue for Tax & Accounting rose by 7 percent before currency over 2014 as total revenue fell by 3 percent as currency dampened reported numbers. In the fourth quarter, revenue for ongoing business was actually up 2 percent before currency adjustments.
Xero Integrates with Power BI
- Tuesday, 16 February 2016
- New Products
- Written by The Progressive Accountant
Xero has integrated its low-cost accounting software with Microsoft Power BI. The New Zealand-based cloud software vendor says the link will provide its users with an easier way to access and analyze information from Xero and other packages.
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