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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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Smith: Intuit Outages a "Comedy of Errors"

Brad SmithThe computer system outages that hit Intuit during the summer stemmed for a series of human errors. CEO Brad Smith told attendees Wednesday at the annual Intuit Investors Day. "If I walked you through all the things that happened, it would be a very disappointing comedy of errors," Smith said. Intuit, he continued, had the right systems and procedures; they just weren't followed.

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Accounting Pros Grow Intuit Profits

Intuit logoOver the last six fiscal years, Intuit has produced a dramatic increase in the profitability of its accounting professionals business. The segment, whose income comes from the sale of professional tax applications and QuickBooks Accountant and from ProAdvisor income, is not the biggest or the most profitable of the vendor's seven financial reporting segments. Still it has done well because of two factors that Intuit has cited as gains in operating income outstripped revenue growth.

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Block Controller Named CFO

Jeff BrownKANSAS CITY, Mo. - H&R Block, which has been suffering from a loss of top executives this year, has named controller Jeff Brown as chief financial officer. Brown has served interim CFO following the departure of Beth Shulman in the spring.

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Red Gear Gets Block Exec As President

Chip CoonsSALT LAKE CITY - RedGear Technologies, which markets the TaxWorks tax preparation software line, has named Chip Coons as its new president and CEO. Coons, an executive with RedGear's owner H&R Block,  replaced David Wayne Bates, son of company's late founder Wayne Bates, who remains as senior vice president. Read more...

GoFileRoom Workflow and Document Management

ThomsonReuters logoGoFileRoom, a document management and workflow application, has a new homepage-style interface allows users to customize the display of information via windows and tiles that they can tailor to their roles and workflow needs. There is also a new notification module in the Web-based system that enables managers to establish custom rules and reminders.

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NSA Names Donny Woods President

Donny J. WoodsALEXANDRA, Va., Donny J. Woods, a public accountant and enrolled agent based in Nashville, Ark., has been named as president of the National Association of Accountants as the organization elected national, district and state officers at its 65th Annual Meeting in Washington, D.C. He replaces outgoing president Robert L. Cross of Northglenn, Colo.

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Thomson Names Strategic VP for Tax and Accounting

Tonelli RudaNEW YORK - Thomson Reuters has named Taneli Ruda, most recently a VP at mobile phone vendor Nokia, as SVP of strategy for the company's Tax & Accounting business, a newly created position. Ruda's appointment comes at a time that the company has been expanding globally with products such as Checkpoint Learning and the OneSource Global Tax Workstation.

 

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Regulator: Accounting Doctrine Worsened Bank Crisis

Tim LongAccounting doctrine and the accounting profession encroached on the process banks used in making decisions about credit and contributed to the lending crisis, according to Tim Long, senior deputy comptroller for bank supervision policy and chief national bank examiner. In remarks delivered at this week's AICPA National Conference on Banks and Savings Institutions, Long said accounting issues got in the way of judgments that should have been made "by the people best able to speak to the bank's overall credit risk exposure: its senior managers and its credit administration and credit risk professionals, with oversight by its prudential supervisors."

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Intuit, Nokia Plan Small Biz Marketing Service

Intuit logoIntuit is continuing its march on the small business market through alliances with other major vendors this week with the announcement that it and Nokia are developing a mobile and web-based marketing service for small businesses. That follows a late August agreement with Verizon Communications to market website services and marketing tools. Read more...

Republic Exec: Fewer, More Expensive RALS

Steve Trager piix

For those who thought refund anticipation loans were too expensive, they are going to get more so during the next filing season. That was the message of Steve Trager, CEO of Republic Bancorp, who this week told investors that Republic Bank would likely issue fewer, more expensive refund loans because of the decision by the Internal Revenue Service to stop providing the debt indicator. Read more...

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