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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...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.
Enhanced MIP Advance Released
- Thursday, 31 August 2017
- New Products
- Written by The Progressive Accountant
Community Brands has introduced a series of enhancements to Abila MIP Advance, a cloud-based version of MIP Fund Accounting software. Among the new features are interactive dashboards that can display charts and key performance indicators which can search down to individual transactions at the document level.
Paychex Buys HR Outsourcing
- Tuesday, 29 August 2017
- News
- Written by The Progressive Accountant
Payroll service provider Paychex has acquired HR Outsourcing Holdings. Rochester, N.Y.-based Paychex says HR Outsourcing, based in Charlotte, N.C., has about 140 employees who will be offered the opportunity to join Paychex. Terms were not disclosed.
Intuit Picks Incoming CFO
- Tuesday, 29 August 2017
- News
- Written by The Progressive Accountant
Intuit has named Michelle Clatterbuck to take over the role of CFO on February 1. A long-term Intuit employee, Clatterbuck will replace Neil Williams, who is retiring at the end of January. Williams has served in that position since January 2008 when he joined the software company.
ADP in Proxy Fight with Investor
ADP is in proxy fight after the payroll services company, refusing this week to nominate three candidates for the board of directors submitted by Pershing Square Capital Management. The board unanimously rejected the group's candidates saying the rivals do not bring additional skill or experience to the board.
QuickBooks Online: Big Growth Ahead
Intuit expects to add about 1 million new subscribers for QuickBooks Online for the year ending July 30. The company projects the level will hit 3,275,000 to 3,375,000 subscribers in the current fiscal year. That is up 27.2 percent over the 2,383,000 at the end of fiscal 2017, which itself was up 58 percent from the 2016 totals.
KMPG to Pay $6M over Energy Audit
- Tuesday, 15 August 2017
- News
- Written by The Progressive Accountant
KPMG has agreed to pay more than $6 million in disgorgement, interest and civil money penalties for its role in the audit of a now bankrupt energy business. The Securities and Exchange Commission also slammed the firm for utilizing a partner with no experience with oil and gas companies given the high risk of its work with the former Miller Energy.
SmartVault Parent Goes Public
The former document management business of Australian Reckon has gone public as GetBusy. The new company, which owns SmartVault and Virtual Cabinet, went public this month on London's Alternative Investment Market with a market cap of about $17.8 million after raising about $3.9 million in a public offering.
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