Budgeting, Planning & Forecasting

Budgeting, Planning & Forecasting

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November 08, 2011

PaymentEvolution Corporation Announces Partnership with Xero



PaymentEvolution Corporation, a Canadian provider of payroll services for small and medium businesses, has entered into a partnership relation with Xero, to provide Canadian SMBs with a complete online bookkeeping solution that includes payroll, invoicing, tax reporting and general ledger capabilities.

Company officials said that the PaymentEvolution Payroll boasts of easy-to-use interface, which helps it provide SMBs with a simple and cost-effective way to process their payroll and pay staff in less than five minutes from anywhere via the Internet.

“At Xero, we are committed to providing industry-leading online solutions that simplify accounting and easily integrate with systems our clients use,” said Xero's API Product Manager, Tony Rule in a release. “PaymentEvolution shares that commitment.”

Fully integrated with Xero, PaymentEvolution Payroll has become the first complete payroll and online bookkeeping solution to be offered in Canada as software-as-a-service.

“Processing payroll in a timely fashion can be overwhelming for today's small businesses and additional bookkeeping responsibilities only add to their headaches,” says Sam Vassa, managing director of PaymentEvolution Corporation. “The integration of PaymentEvolution Payroll with Xero provides Canadian SMBs with an exciting industry-first that will help them reap the numerous benefits of online payroll and bookkeeping services in one package and in a cost-effective way.”

Effective immediately, all PaymentEvolution Payroll customers will have free access to the fully-integrated online bookkeeping solution.

All those signing up for PaymentEvolution Payroll before February 1, 2012, will receive Xero integration for free.

In other news, Xero recently called upon the UK Government to abandon proposals to simplify statutory reporting for the smallest businesses and instead encourage accountancy bodies, banks and software companies to collaborate to develop a more cohesive technology framework to help Britain's small business community grow in the faltering economy.




Deepika Mala is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Jennifer Russell
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