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Announcing five new time-saving tools for accountants
Joel Lacayo — Oct 28, 2020
A lot has changed since we announced Rippling for Accountants back in late 2018. We’re now partnering with hundreds of CPA firms and have built out a team of Rippling advisors dedicated to making our accountant partners successful.
But our vision has remained the same: dramatically increase the value of the strategic services you offer clients, by eliminating your administrative busy work.
Which is why, today, we want to announce exciting updates to our product to meet the growing needs of our partners, including:
- Robust, customizable job codes
- The industry’s best API integrations with general ledger (GL) systems (QBO, Xero, Sage Intacct, and Netsuite)
- Fully customizable reporting
- Real-time payroll run comparison that makes it simple to spot errors and discrepancies
- Our accountant partner directory, which allows you to grow your business by showcasing your firm and services to our entire customer base
See where employees’ time is going — and what it’s costing you
Rippling now supports robust, customizable job codes to track hours and labor costs across job functions, departments, locations, projects, and any other use case that you can think of. It also allows you to change employees’ pay rates as they move from client to client, location to location, and so on.
In addition, our new built-in Time & Job Cost report allows you to instantly group and view your company’s payroll data by job code, so you can view your labor costs by client, project, and so on.
For example: you can see how much it costs to build Product A vs Product B by tracking engineer time and salary by project. Or gauge the profitability of a specific store by tracking employee hours and costs by location.
Rates and hours worked will sync automatically to payroll with our integrations with time and attendance apps like Deputy and TSheets, and taxes (even multi-state) are calculated too. No need to reconcile hours with spreadsheets or keep track of CSVs any longer.
Seamlessly (and accurately) integrate with your general ledger
Many vendors claim to have “integrations” with your general ledger. But usually what that means is they’ve built a CSV template that allows you to export data from payroll and import it into your GL. Handy, but still prone to the same mistakes that plague manual work.
With Rippling, our API integrations with NetSuite, Sage Intacct, Quickbooks Online, and Xero automatically sync payroll data and post it into the right journal entry. You only have to set it up once and then you won’t have to think about these entries at all anymore.
With that power comes great responsibility, so we’ve designed our integrations to give you complete control. You choose exactly which field (department, location, class code, etc.) in Rippling should map to a specific journal (or sub-journal) entry in your GL. We’ve even allowed you to create exceptions, so for example you could have all department costs map to OpEx, except for Customer Support, which maps to COGS.
Build any report you can imagine
You’re not just stuck with canned, pre-built reports. With Rippling, we know your clients have unique financial needs when it comes to reporting, so we’ve made it possible to build beautiful custom reports as easily as it is to build a pivot table in Excel.
You’ll still be able to generate all the standard reports you need, from payroll journals and cash requirements to PTO and more. Or create custom reports and graphs using any employee attribute in Rippling. Since we’re the single source of truth for employee data, you can easily bring in valuable HR, BenAdmin, and custom dimensions (like job codes) without having to log into another system.
Once you've filtered, aggregated, and created the perfect visualization for your report, you can easily share it with (and restrict access to) your client's leadership team. Or simply save the report and review it as part of your monthly check-in process with each client.
Proactively surface discrepancies so you know what changed in every payrun and why
Transparency is a huge problem for payroll vendors. Legacy providers leave it up to you to reconcile hours and manually update changes to deductions, 401k contributions, etc. When errors happen, your team is left to find the proverbial needle in the haystack. Modern providers lean on automation and integrations to help reduce the manual work and reduce errors, but every accountant knows the devil is in the details. Even automated systems make mistakes.
There hasn’t been a quick and easy way to spot payroll changes or discrepancies until now. With our payroll comparison, for each pay cycle we’ll automatically highlight differences from the prior pay run so you can quickly investigate any issues and audit changes.
For example, if someone’s taxes changed because they hit their FICA or FUTA maximum, the system should highlight the discrepancy and explain what happened. Another example: sales commissions. You can quickly see how commissions have changed per person from paycheck to paycheck.
Your team and clients will rest easier knowing Rippling will surface these changes, as you begin running payroll each cycle.
Grow your business by listing your firm in our Accountant partner directory
We’re making it easier for our 3,500+ customers to discover accounting and bookkeeping services that meet their needs by launching our new partner directory.
By creating and customizing your listing, you’ll be able to specify the types of clients you serve (including by company size and industry), services offered, and accounting software you support.
Our customers will then be able to filter and find exactly what they need, and reach out to you directly in our product to help you find new clients and grow your business.
Our Accounting Partner Program
Our product aside, we’re also committed to supporting our partners with the resources they need to support their clients as strategic advisors. As part of our partner program, your firm will receive:
- Up to 35% off Rippling for your clients
- Free HR & Payroll for your firm (up to 25 employees)
- A dedicated Partner Success manager
- White glove migrations to make switching your book easy
- One login to manage all of your clients
- Partner enablement materials
Meet the Team
All of our partners are assigned dedicated Rippling Advisors with relevant industry experience working with Accountants.
Joel Lacayo has spent his career working with entrepreneurs as they move through growth milestones. In previous roles, Joel supported Xero’s National Accounting Partner’s growth as they scaled. Currently he co-founded Contabi Alliance, an international community of Latino Accounting business leaders built on tech + collaboration and an active member of the Accounting Salon, a group of cloud accounting leaders committed to innovation within the industry + generosity of spirit. Joel loves playing all sports, time with his wife and 2 boys, and leveraging social capital with like minded people. Joel is excited to serve as an internal advocate for every Accounting professional while supporting their continued growth.
Martina Chavez has spent the last 10 years of her career working in tech, specifically the SaaS industry, with a focus on partner management and development. Prior to Rippling, Martina managed accounting technology partners at Avalara. In addition to working with accounting partners, Martina owns a small Bay Area yoga studio, and has an intimate understanding of the importance of technology for running a business of any size. Martina loves working with accountants and bookkeepers to help them streamline their own processes so that they can better support their clients as they grow.
John Gallo is an ardent rugby player, golfer, and outdoorsman. He joined Rippling after reading the company’s Series A Investor Memo and finding an alignment in values. Prior to joining the Accountant Channel, John worked at Guideline 401(k), and served his business community as a financial advisor. He looks forward to helping accountants broaden the scope of their advisory services through Rippling.
Terry Chow was born and raised in San Francisco, CA. He has spent the last 5 years working in SaaS tech and the payroll industry. Prior to Rippling, Terry was previously managing top producing accountant partners while scaling a Partner Care team from 1-10 members in two years. Terry has a passion for working with others. He has a strong skill set in client relationship management. At Rippling, Terry is focused on each accountant partner's success. During his free time, he likes to travel, hike, and try new restaurants. Terry loves sports and is a big 49ers and Warriors fan. Go Dubs!