NETLEDGER AND ADP FIRST TO DELIVER INTEGRATED ONLINE ACCOUNTING AND PAYROLL SERVICE
NetLedger and ADP EasyPayNetSM are Seamlessly Integrated to Create a Convenient One-Stop Online Accounting and Payroll Solution
San Mateo, CA.—August 23, 2000—NetLedger, Inc.,
the leading application service provider (ASP) that
enables small businesses to run their companies totally
online, today announced the completion of a landmark
integration with EasyPayNet, an online payroll solution
provided by Automatic Data Processing, Inc. (ADP®,
NYSE:AUD). As a result of today's announcement, small
business customers of both companies can immediately
access the service at www.netledger.com and www.ebs.adp.com
via any Internet-ready computer.
The integrated accounting and payroll service allows
NetLedger and ADP to provide small business customers
the ability to automatically update their accounting
records as their payroll is processed. Specifically,
users can synchronize employee information in NetLedger,
map bank account, earnings and deductions codes from
EasyPayNet to their NetLedger chart of accounts, and
automatically generate accounting entries from payroll
Utilizing both EasyPayNet and NetLedger, customers
of both companies can enjoy many key benefits such as:
- Single point of data entry which:
- Saves time
- Increases accuracy
- Ensures consistency of data
- Access and update both payroll and accounting information
"I am pleased with our integration with ADP's EasyPayNet
service. Sharing information seamlessly between applications
is what the ASP model is all about."said Bill Mirbach,
president and chief executive officer of NetLedger,
Inc. "ADP's decades of leadership in selling and delivering
outsourced business services, as well as its large customer
base, make it an ideal partner for NetLedger. ADP's
online solutions with NetLedger will provide the best
online business performance tool for small businesses."
"EasyPayNet's features and capabilities align well
with NetLedger's as both solutions are designed to empower
small businesses to operate reliably and efficiently
through the use of online applications," said Brad Smith,
Vice President and General Manager, ADP Emerging Business
Commenting on the arrival of this integrated offering,
Amy Delema, director of operations of Milo, a San Francisco-based
Internet consulting firm said, "We love the concept
of running a business leveraging the power of the Internet.
NetLedger's online accounting is the obvious choice
for us. After that, we selected EasyPayNet as our online
payroll service. Importantly, we now can use this seamlessly
ADP's EasyPayNet online payroll solution is part
of ADP Emerging Business Services' suite of Internet-based
solutions designed to help small and emerging business
owners staff, manage, pay and retain their valued employees.
With seamless integration between ADP's enhanced 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 ADP has
delivered for over 50 years.
NetLedger Web-Based Accounting and Business Management
Applications for Small Businesses
NetLedger delivers the industry's first Web-based accounting
platform for small businesses. In addition, the company
has developed a suite of online business management
applications. Combining both, NetLedger enables small
businesses to run totally online. For example, NetLedger's
offerings include full-featured accounting, expense
reporting, online customer ordering, and remote customer,
vendor and employee access.
Automatic Data Processing, Inc. (NYSE:AUD) is one
of the largest global providers of computerized transaction
processing, data communications and information services,
with more than $6 billion in revenues and 500,000 clients
worldwide. ADP's Employer Services (ES) Division is
a leading provider of integrated business administrative
solutions that help clients efficiently manage their
internal processes, allowing them to focus on core competencies.
ADP ES' offerings include both traditional and Internet-based
outsourcing products and services, giving clients the
ability to select from ADP's comprehensive range of
World Class Service solutions. Services include: payroll,
tax regulatory management, HRMS, benefits administration,
time and labor management, retirement plan services,
online recruiting, and pre-employment screening.
For more information about ADP Employer Services, or
to contact a local ADP sales office, reach us at 1.800.225.5237,
ext. 124, or visit the company's Web site at www.adp.com.
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