New York (Oct. 1, 2003) -- CPA2Biz, the Internet portal distributor of products and services from the American Institute of CPAs, has switched its payroll services provider and made other major changes to that program.
It selected payroll and benefits powerhouse Paychex Inc. as its preferred payroll service provider, replacing InterDyn, a payroll provider that Paychex acquired in March.
With the switch, CPA2Biz is terminating -- at least temporarily -- the option that CPAs have had to make the CPA2Biz-endorsed payroll service available to their clients via a privately labeled link on the CPAs' Web sites.
"There were so few CPAs utilizing the private-label option that we decided not to offer it initially," said Paychex senior vice president of sales and marketing Walter Turek. A CPA2Biz spokesman said there are "moré than 100" end user customers of the portal's payroll program, which has been called Pro Payroll. Those users will be migrated from InterDyn to PayChex's platforms. Rochester, N.Y., -based Paychex acquired InterDyn in March from banking company FleetBoston Financial.
In another major change, while CPA2Biz has promoted Pro Payroll as primarily an online service, Paychex is offering CPAs' clients two options: sending their payroll information over the Internet, or accessing Paychex's traditional service in which users phone or fax in their payroll information and the vendor prepares their payrolls.
The program with Paychex features "a free payroll service introductory period and a six-month satisfaction guarantee for CPAs' clients, no entry fees for CPAs and, with client permission, online access to clients' payroll information and reports,” CPA2Biz said.
"We are excited about joining forces with the AICPA and CPA2Biz," Turek added. "From the time Paychex was founded more than 30 years ago, our company has seen accounting professionals as partners in serving the needs of small and medium-sized businesses."
-- John M. Covaleski
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