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 “Due to the urgency for employers to prepare for the intricate
new IRS reporting come January 2016, we made the strategic decision
to bring in an all-inclusive solution that will benefit our
reselling partners and customers,” says Patrick Doolin, CEO of
Integrity Data, referring to the acquisition that fits perfectly
into Integrity Data’s existing suite of solutions. “Customers will
experience the best of both worlds: Sypnio’s solution and deep
understanding of the ACA regulations, along with Integrity Data’s
reputation for excellent customer care and high quality solutions.”
Now known as the Sypnio ACA Compliance Solution, this software
provides companies:
• Business intelligence to address reporting and compliance
requirements, reducing the risk of incurring IRS penalties due to
non-compliance.
• Broad automation to complete new IRS forms.
“It’s an honor to know that, as more and more companies seek out our
solution, we’ve not only got backup, we’ve got best-of-breed
backup,” says Helen Karakoudas, Sypnio founder. “Our mission is to
keep people’s heads from spinning. Integrity Data’s talent for
product testing and their power for product delivery will amp up
what we do for businesses of all sizes, both in the Microsoft
channel and beyond.”
Coupling Sypnio’s ACA code with Integrity Data’s technology means
that any organization, regardless of where they process payroll, can
use this product to meet new federal reporting requirements.
“Together with our bandwidth and added automation, we will make
employer compliance with the Affordable Care Act a non-issue,” says
Doolin, who is welcoming Sypnio staff into the Integrity Data
family. Karakoudas, a journalist, and Ernie Redfern, Sypnio's lead
developer and head of implementation and support, are being brought
in as ACA Education and Compliance experts, a great benefit to
Integrity Data and their partners and customers.
News of the acquisition is well-received among the partners and
users that Integrity Data and Sypnio already share. “Perfect”
surfaces in every comment.
“The perfect partnership to take an already great product to the
next level,” says Cathy Reichelderfer, Chief Financial Officer of
JFC Staffing Companies, a network of employment agencies based in
Pennsylvania that is a long-time customer of Integrity Data and an
early adopter of Sypnio.
[to top of second column] |
“A perfect fit,” according to James Meyer, Director of the Business Solutions
and Technology division at Maner Costerisan, a leading CPA firm in Michigan. “We
are happy to offer our clients the quality products and services from both
Integrity Data and Sypnio. With ACA in particular, we know we’re ahead of the
pack because of Sypnio,” Meyer says. “We have been getting great feedback from
our clients using their products. Sypnio spoke at our users’ conference last
year and it is clear that their knowledge and expertise is unsurpassed when it
comes to ACA.”
[Marleen De Winter, Director of
Marketing, Integrity Data]
ABOUT INTEGRITY DATA - Integrity
Data is a leader in the application of technology to improve
business processes around payroll processing and human resources
data. Headquartered in Lincoln, Ill., and founded in 1996, Integrity
Data serves over 7,500 organizations worldwide. From small
businesses to some of the largest and fastest growing organizations
worldwide, Integrity Data strives to ensure that their most valuable
asset, their employees, are paid accurately and efficiently.
ABOUT SYPNIO SOFTWARE - Sypnio Software is a Joliet,
Ill.-based independent software vendor founded in July 2014 to focus
exclusively on simplifying compliance with the employer mandate of
the Affordable Care Act. Companies using Sypnio applications range
from a nonprofit in North Dakota with 106 employees to a national
restaurant management company with more than 60,000 employees. In
addition to being known for quick-to-implement, well-supported
software, Sypnio has gained recognition as an educational resource.
Its consulting clients include the national tax teams of accounting
firms and the compliance managers of insurance and benefits
brokerages.
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