SAN FRANCISCO (January 15, 2014) — FreshBooks, the #1 cloud accounting solution designed exclusively for small business owners, and ZenPayroll, one of the fastest growing cloud payroll providers, are partnering to make it easier for small business owners to manage both their payroll and accounting.
The integration between ZenPayroll and FreshBooks means that customers no longer have to manually enter their payroll data, saving them time and reducing data entry errors. Payroll expenses automatically show up in FreshBooks every time payroll is run. Even payroll adjustments and cancellations are reflected in FreshBooks.
“People go into business to pursue their passion, not to learn accounting or manage their payroll,” said Mike McDerment, CEO and co-founder of FreshBooks. “FreshBooks' partnership with ZenPayroll will allow small business owners to automatically capture payroll transactions for their accounting needs, which frees up time to work on their business, not their paperwork.”
“We are thrilled to work with the team at FreshBooks because they share our passion for creating incredibly easy to use, delightful software. This partnership will help millions of small business owners manage both payroll and accounting in the cloud,” said Joshua Reeves, CEO and co-founder of ZenPayroll. “By automating processes that previously required manual data entry, we’re freeing people to focus on growing their small businesses, the lifeblood of our economy.”
The number of small businesses is growing faster than ever. According to a survey by the Global Entrepreneurship Monitor, entrepreneurship and new business formation in the United States hit a 14-year high in 2012. As more people launch their own businesses, they need modern accounting and payroll solutions that are easy to use and work well together. With the new seamless integration between FreshBooks and ZenPayroll, small business owners can manage their accounting in a centralized way from any device or location.
“As a creative agency, our whole focus is on serving clients, not administration. I trust FreshBooks and ZenPayroll because they’re both designed to be simple and straightforward,which fits my needs as a small business owner,” said Joshua McCowen, founder and principal of Lofty Word, a branding and design firm. “Now that there’s an integration between the two tools I no longer have to create manual entries, and that saves me even more time.”
FreshBooks is the #1 cloud based accounting solution designed exclusively for small business owners. When Mike McDerment, co-founder and CEO of FreshBooks, accidentally saved over an invoice back in 2003, he turned his frustration into a better way to manage the accounting for his small business. Since building the company from his parent's basement, FreshBooks has helped more than 5 million people collect billions of dollars through easy-to-use time tracking, invoicing and expense management. The company’s mantra is “execute extraordinary experiences everyday” and this is recognized by industry accolades including the gold 2013 Stevie Award for front line customer service, the 2013 IXDA Award for iPhone design and a Webby finalist for best mobile productivity app. Based in Toronto, Canada, FreshBooks serves paying customers in over 120 countries.
Gusto is on a mission to bring life to work by reimagining payroll, benefits, and HR. Gusto serves over 40,000 companies nationwide and makes the most complicated, impersonal business tasks simple and delightful. Gusto has offices in San Francisco and Denver and its investors include Google Capital, General Catalyst, Kleiner Perkins Caufield & Byers, and the founders of Instagram, Stripe, Nest, PayPal, Yelp, Dropbox, and Eventbrite, among others.