23 Sep 2008
Thomson Reuters Leverages Power of MyPay Solutions® and TimeRack
The Tax & Accounting business of Thomson Reuters announced today that its service-bureau payroll option, myPay Solutions, now integrates with TimeRack Biz Pro (TimeRack). TimeRack provides a full-scale time and attendance solution, while myPay Solutions offers complete payroll processing services. Leveraging the power of both systems provides organizations with an all-inclusive payroll system.
“We are always looking for ways to enhance our service offerings to help our customers reach their goals. Merging the powerful technologies of myPay Solutions with TimeRack Biz Pro, we are able to offer an end-to-end payroll system,” stated Jim Paille, CPP, Director of Business Strategy and Development, Payroll at Thomson Reuters. “We identified TimeRack as a market-leading time and attendance application that is user-friendly, tested, and proven. Combining TimeRack Biz Pro and myPay Solutions offers the profession a best-of-breed all-in-one payroll solution.”
“We are excited to be working with Thomson Reuters to leverage TimeRack’s advanced time and attendance functionality with their leading payroll services,” stated TJ Sehmi, CEO, TimeRack. “Customers will benefit greatly by being able to securely, accurately, and efficiently transfer their payroll data from TimeRack to myPay solutions. This translates into significant administrative cost savings for customers.”
myPay Solutions is a payroll processing service designed for accounting firms that want the benefits of being involved in their clients’ payroll without the hassle or liability of actually processing it. For more information on myPay Solutions, please visit CS.ThomsonReuters.com/myPaySolutions.
TimeRack Biz Pro is a leading time clock solution for small to mid-sized businesses. The system is designed to reduce overtime, lower theft, and decrease risk of fines and lawsuits for non-compliance. For more information on TimeRack Biz Pro, please visit TimeRack.com.
About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to ThomsonReuters.com.
The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Tax & Accounting includes the Professional Software & Services, Corporate Software & Services, and Research & Guidance business groups.
About TimeRack
TimeRack is the national authority on proactive time clock solutions for small to mid-size businesses and a leading innovator in the time and attendance solution arena. TimeRack is the only provider offering solutions that feature automatic, customizable proactive alerts. They are also the only provider to offer field-tested solutions that are specially designed to meet the unique needs of the grocery and staffing industries. For more information, visit TimeRack.com.
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