This patented (#7,171,615) solution eliminates development expenses while adding a new revenue stream for accounting developers.
Grand Forks, ND (PRWEB) January 07, 2015
Aatrix Software, recently named one of the Top 100 Most Promising Technology Companies by CIO Review Magazine, today announced broader support for OEM partnerships based on the recent availability of their W-2/1099 Printing & eFiling Module separately from Aatrix’s full solution. The Aatrix Fed/State Payroll Report & Payment solution is responsible for the preparation, printing, or eFiling of an estimated 20 million W2s annually and has a 93% RECOMMEND rating. This new offering will make the W2/1099 module available to any accounting solution as a turnkey, fully integrated solution. The Aatrix Complete W2/1099 solution includes the option for a single selection which opts for Aatrix to: 1) Print/Mail the employee copy, 2) Post an on-line W2 3)eFile Fed W2/W3 4) eFile the State W2 and Reconciliation forms.
Aatrix Fed/State Payroll Report & Payment solution module is an embeddable payroll reporting module that enables software vendors in a variety of accounting software technology markets to quickly and easily deliver Aatrix’s sophisticated patented reporting and eFiling capabilities as part of their core offerings. Aatrix Fed/State Payroll Report & Payment solution includes a number of new modules and features designed to increase functional breadth, enhance the end-user experience and eliminate the high cost of developing and maintaining Payroll forms.
“With our origins as a small payroll software provider, we have a special understanding of how difficult and expensive it is for software providers to offer all the 1100 required payroll forms, automatically completed, and the expense of maintaining them,” says Aatrix CEO, Steve Lunseth. “This patented (#7,171,615) solution eliminates development expenses while adding a new revenue stream for accounting developers.”
In addition to eliminating 99.9% of filing errors, the new module includes support for the following forms:
W2/W3 US Paper
W2/W3 US Electronic Delivery
W2/W3 American Samoa
W2/W3 Puerto Rico
W2/W3 Virgin Islands
And all State W2 Reconciliation forms
Second quarter licensing audit results reveal that more than 300,000 businesses are using the Aatrix State & Fed Payroll Reports™ solution in the US and Canada. Aatrix revenue has grown in excess of 40% annually for the past 5 years and projections anticipate that revenues will continue to meet or exceed that rate for the next three years.
Located in Grand Forks, ND, Aatrix Software has been developing innovative accounting software solutions since 1986. Originally founded to develop accounting and payroll applications, Aatrix's Electronic Forms Division has established itself as a leader in payroll tax forms, providing Electronic Payroll Reports and eFiling (Windows and Macintosh) to accounting software. Aatrix's finance software has received numerous awards, including Software Digests highest overall rating and Home Office Computing Editors Pick.
In 1998 Aatrix established a Windows® development group given a mission to create a comprehensive state and federal payroll reporting solution module that could be integrated with any accounting software. Today, after millions of dollars invested and armed with US Patent the Aatrix Electronic Forms Division is now one of the nation's premier payroll reporting specialists.