NETLEDGER PARTNERS WITH ADP TO OFFER ONLINE ACCOUNTING SOLUTION
SAN MATEO, Calif.—March 13, 2000—NetLedger,
Inc., the world's leading provider of a Web-based accounting
solution for small businesses, today announced an exclusive
partnership with Automatic Data Processing, Inc. (NYSE:
AUD), the world's leading provider of integrated payroll,
human resources and benefits administration services.
As a result of today's announcement, NetLedger's online
accounting solution will be integrated with ADP's EasyPayNet
online payroll solution. NetLedger and ADP will soon
be able to offer their customers a comprehensive accounting
and payroll solution that provides flexible access anytime,
anywhere, from any computer linked to the Internet.
Under the terms of the agreement, NetLedger and ADP
will provide small business customers the capability
to automatically update their general ledger and other
accounts as payroll is processed. Utilizing both EasyPayNet
and NetLedger, customers can save time and money, while
focusing on critical business tasks.
"I am very excited about this alliance with ADP,"
said Bill Mirbach, president and chief executive officer
of NetLedger Inc. "This partnership exemplifies
ADP's commitment to continuously enhancing its online
solutions portfolio by offering the best browser-based
accounting service available. I am pleased that NetLedger's
accounting solution will be offered by such a respected
"NetLedger's anytime, anywhere accessibility,
its ease-of-use and Oracle 8i reliability and security
are truly complementary to our existing online payroll
solutions," said Brad Smith, Vice President and
General Manager, ADP e-Business Services Group. "NetLedger's
accounting solution is a perfect fit for EasyPayNet.
Through this partnership, we can offer small and emerging
businesses the combined power of two industry leading
solutions to efficiently manage their payroll and accounting
ADP's EasyPayNet(SM) online payroll solution is part
of ADP e-Business Services' suite of online solutions
designed to help small and emerging business owners
manage all aspects of the employee lifecycle, from staffing
and managing, to paying and retaining their employees.
With seamless integration between ADP's value-added
services, including tax filing, direct deposit and retirement
planning, EasyPayNet leverages the power of the Internet
to provide business owners with new levels of flexibility,
control and convenience in managing their payroll while
retaining the dependable, high-quality service of traditional
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