Payroll and HR services giant ADP has expanded its integration with Intuit’s accounting software, QuickBooks, and introduced a new Compensation Benchmarking tool for its Accountant Connect platform.
Accountant Connect users will now have access to enhanced general ledger interface mapping that will improve integration with QuickBooks, as well as many other popular accounting packages, streamlining routine processes. More enhancements to general ledger integration are planned for early 2019, according to ADP.
The new Compensation Benchmarking tool is powered by the ADP DataCloud and lets users view a wide range of data by categories, so accountants can find specific data to compare their clients with similar organizations. Accountants will also be able to use the tool internally, with data points on areas such as overtime, bonuses and job tenure.
“We’re thrilled to expand our work with Intuit QuickBooks to further strengthen the services we offer to accountants,” said Maria Black, president of Small Business Solutions and Human Resources Outsourcing at ADP. “By integrating QuickBooks’s rich financial and transactional capabilities with the powerful data available through ADP’s technology solutions, we will provide accountants with unparalleled business insights to help improve their clients’ businesses.”
“These enhancements are designed to dramatically increase an accountant’s most valuable asset: time. TSheets’ customers report saving, on average, over two hours processing payroll every pay run,” said Kyle Jenke, global partnership and platform lead for Intuit. “Combine that with an average savings of 40 hours per month using QuickBooks and the trifecta of ADP, QuickBooks, and TSheets delivers maximum time savings and, most importantly, a great experience for our shared customers.”
