PayCycle Announces Peachtree Integration, Weekend Support at No Additional Cost, and Multiple New Features Including PayTodayTM Setup

December 10, 2007; 08:55 AM

Palo Alto, Calif. — PayCycle, Inc. (www.paycycle.com), the leader in online payroll, today announced PayCycle 2008, a new release of its award-winning payroll service for accounting professionals and their small business clients. The 2008 release features integration with the popular Peachtree® financial management software.

With several critical new features, PayCycle maintains its position as the leader in online payroll innovation. "We recognize how important integration is to accounting professionals serving small businesses," said Julie Lubetkin, Marketing Director of PayCycle's Accounting Professional Program. According to TNS, a leading market research organization, 7 out of 10 small businesses use financial management software to run their business. In addition to integrating with Peachtree accounting software, PayCycle® payroll service for accounting professionals supports QuickBooks, Microsoft Money, Quicken, and various ATX and TaxWise accountant-specific programs.

"I have many clients who will appreciate the Peachtree integration feature. Now there is no need to re-enter payroll information into the software," says PayCycle customer Vinod Abraham, who owns a CPA firm in New York. "This is just one more reason why offering payroll service to my clients is extremely profitable. PayCycle provides great value and makes getting the payroll work done fast and easy," continued Abraham.

Starting in January, PayCycle will also offer its award-winning customer support on weekends. "Our research shows that over 37% of all accountants using PayCycle have no prior experience managing payroll. Our weekend support presents an added level of peace-of-mind to those who may need some assistance from our payroll experts — even if they are working on weekends during the busy season," commented Lubetkin.

A number of other recently added critical new features that are important to accounting professionals include:

• Client Access Permissions — PayCycle 2008 allows accounting professionals to assign varying levels of optional client payroll access. Clients are now able to assist with entering data or processing payroll tasks so they can share the workload.
• Electronic Tax Support in More States — PayCycle 2008 leads the industry with online paperless electronic filing coverage for 85% of U.S. employers with fewer than 20 employees.
• PayToday^TM Setup — With the new innovative PayToday Setup, accounting professionals can run client payroll the same day they sign up their clients.
• Hassle-Free Batch Reporting — PayCycle accounting professionals and their small business clients save time with this feature. Payroll professionals and their clients now have easy access to a customized set of reports all consolidated into one file.

About PayCycle, Inc.

With over 60,000 small businesses on the PayCycle service, PayCycle is America's #1 online payroll service. PayCycle's unique "Do-It-With-You^SM" (DIWY^SM) technology platform guides customers through the entire payroll process from paychecks to W-2s. For more information or to view our online demo of how easy online payroll can be, visit www.paycycle.com or call (866) 729-2925 M-F, 6:30 a.m. - 6:30 p.m. (PT)