Estimated reading time: 0 minutes, 32 seconds
WAVE BUYS PAYROLL OPS
Wave Accounting, which markets online accounting applications, has acquired Small Payroll, which markets online payroll services. Both companies are headquartered in Canada. The acquired product is being launched in a beta program this quarter and in the United States early next year. It is being renamed Wave Payroll.
While Wave Accounting is free and the company makes money on advertising, Wave Payroll will have a flat rate per employee per payroll run. The rate has not been determined. Wave recently closed a $5 million funding round. The payroll product does all the usual stuff—direct deposit, wage and overtime calculations, withholding deductions and sending money to tax authorities.
Most Read
-
-
May 22 2017
-
Written by mark
The last year has been one of change—the cloud has…
-
-
-
May 22 2017
-
Written by BobWScott
The last year has been one of change—the cloud has…
-
-
-
May 19 2021
-
Written by BobWScott
Just what kind of year has it been for the…
-
-
-
May 25 2016
-
Written by mark
Annual Report: 2016 BSI Top 100 VARs The web has…
-