NETLEDGER INKS PARTNERSHIP WITH EBENEFITS
San Mateo, CA.—September 26, 2000. NetLedger, Inc.,
the leading application service provider (ASP) that
enables small businesses to run totally online, today
announced it has joined forces with San Francisco-based
eBenefits to bring together online accounting with human
As the first step of the agreement, both companies
will offer co-branded services to their users. Effective
immediately, NetLedger customers have access to a co-branded
site where they can sign up for eBenefits HR services.
eBenefits customers, in turn, have the same easy access
to NetLedger's accounting solution.
The second phase of the agreement will result in a
full integration between NetLedger and eBenefits
VirtualHR. This will allow an exchange of appropriate
data between the two applications. Users will enjoy
synchronization of employee information between applications
and the ease of use associated with single sign-on between
the two services. The integration is expected to complete
by the end of the year.
"This partnership with eBenefits, coupled with
ADP's EasyPayNetSM integration, represents another giant
leap forward in our strategy to use the NetLedger
accounting solution as a springboard to virtually any
and all services that a small company needs to keep
its operations running efficiently and with minimal
effort," said Evan Goldberg, president and CEO
of NetLedger, Inc. "eBenefits is an incredibly
valuable addition to the suite of services already integrated
eBenefits is the leading online provider of human resources
services to entrepreneurs and growing businesses. It
manages benefits, maintains employee records, generates
HR reports, tracks compliance requirements, facilitates
recruiting and more. eBenefits includes an employee
self-service capability that, for example, allows new
hires to complete and submit W-2 and benefits enrollment
"We're helping entrepreneurs start-up, manage,
and grow by solving an important business issue-how
to cut costs and focus on the business when they have
limited in-house resources to manage employment-related
responsibilities," said Andy Kurtzig, CEO of eBenefits.
"We are very excited about our partnership with
NetLedger. By integrating our services with the payroll
function, the efficiencies we can bring to growing companies
are now even greater."
NetLedger is a trademark of NetLedger, Inc.
eBenefits is the leading provider of online human
resources services to entrepreneurs. Located in San
Francisco, eBenefits develops and markets Internet-based
software products that enable customers to save money
and focus on their core businesses. eBenefits currently
offers eBenefits VirtualHR and eBenefits QuoteWizard.
Both products are designed to provide customers with
access to industry-leading vendors of the products and
services they need to retain good employees: resources
for managing humans.
Founded in 1996, eBenefits is funded by New Enterprise
Associates (NEA), Draper Fisher Jurvetson and W.R. Hambrecht
+ Co. The board of directors, chaired by Sandra Kurtzig,
includes William R. Hambrecht and Larry Sonsini. For
more information, contact Maya Browne at 415-495-7585
x265 or visit: www.ebenefits.com.
For more information about NetSuite please visit our
Web site at www.netsuite.com.
Oracle is a registered trademark of Oracle Corporation
and/or its affiliates.