Intuit Payroll and The Hartford Simplify Workers' Comp premi

 

Thursday, Mar 05,2009, 10:33:16 PM   Click:

Intuit Payroll and The Hartford Simplify Workers' Comp premium payments for small businesses
Business Editors / Software Writers / Financial Editors

MOUNTAIN VIEW, Calif. - (BUSINESS WIRE) - January 7 2009 - It is now easier and more efficient for small employers to pay their workers compensation insurance premiums and managing their cash flow. Intuit Inc. (Nasdaq: INTU) and The Hartford (NYSE: HIG) have concluded a strategic alliance to offer The Hartford XactPAY Web ® workers' compensation payment service premium Intuit pays more than one million customers for free . And they Intuit Payroll market, designed to help small businesses quickly, easily and trust, establish and manage the payroll for clients The Hartford small businesses of commercial agents.

XactPAY Web, fully integrated with Intuit QuickBooks Payroll, automatically calculates premiums issued Hartford workers' compensation policies when the payroll is run using QuickBooks Payroll. The payments are then automatically to the employer bank account each pay period, eliminating the hassle of writing checks. Upon request, employers can receive email notifications before payments are made monthly and reports from The Hartford. The premium payment XactPAY Web service is free for customers of Intuit QuickBooks Payroll Hartford who also expressed the workers' compensation policies.

The combination of Intuit and The Hartford to pay and payment of premium XactPAY Web service enables small business owners to pay Hartford workers' compensation premium pay at a time. This helps to improve the quality of the company cash flow by eliminating the need for large payments and minimizing the potential for year-end audit adjustments. The billing methods may crimp liquidity by requiring employers to pay all or part of the year of workers' compensation premiums in advance, which can bind thousands of dollars at the beginning of each year.

"With this free solution, The Hartford and Intuit aims to help small businesses where it is most important - keeping more cash on hand," said Cameron Schmidt, Vice President of the Division of Payroll Intuit . 'This is the beginning of what we hope will be a long alliance dedicated to helping small businesses thrive. "

"We are pleased to offer Hartford and our police officers a solution for calculating premiums through our alliance with Intuit, a leader in providing small businesses with tools for managing cash flow," said Donato Monaco, Vice President of The Hartford to pay Alliances Center. "The leverage of nearly 200 years of experience in insurance, we have developed XactPAY Special Edition for QuickBooks Hartford insured to provide a solution that automatically divides their workers' compensation premiums in installments, helping small businesses manage cash flow. "

Getting started

Intuit Payroll subscribers can learn more about The Hartford's Web XactPay billing department by phone at 1-877-633-6546 The Hartford or the submission of an application online. To learn more about Intuit Payroll, visit www.qbpayroll.com / Hartford. For more information about your workers' compensation requirements go to the Office of Workers' Compensation Programs.

This strategic alliance to offer The Hartford XactPAY Web workers' compensation payment service premium Intuit payroll customers is an example of Intuit reiterated its enterprise-wide focus on helping consumers and small business and save money. Although this is particularly relevant in the current environment, there is and will always be the trademark of Intuit, which continues to deliver innovative products and services for its customers.

About The Hartford

The Hartford, a Fortune 100 company, is one of the largest diversified financial services companies, with revenues of $ 25.9 billion in 2007. The Hartford is a leading provider of investment products, life insurance and employee benefits, automobile and homeowners products and business property and casualty insurance. International operations are located in Japan, the United Kingdom, Canada, Brazil and Ireland. The Hartford is the Internet address www.thehartford.com.

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and medium enterprises, financial institutions, including banks and credit unions, consumers and accounting professionals. Its flagship products and services, including QuickBooks ®, Quicken ® and TurboTax software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries ® and Lacerte ® are Intuit the first preparation software suites for professional tax accountants. The company financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.

Founded in 1983, Intuit has annual revenues of $ 3.1 billion in its fiscal year 2008. The company has approximately 8,000 employees with offices in the USA, Canada, UK and other places. More information can be found at www.intuit.com.

XactPAY Web ® is a special edition for users of QuickBooks (1) 2006 or newer version of QuickBooks Pro / Premier / Enterprise U.S. PC (XactPay site is not available for users of QuickBooks Simple Start), and (2 ) subscription Intuit QuickBooks Basic, Standard, Enhanced and Assisted Payroll (XactPay site is not available online QuickBooks Payroll subscribers). The purchase of a Hartford Workers' Compensation policy is necessary to use the Web service XactPAY ®. All insurance policies offered by The Hartford are sold by licensed insurance producers or agents appointed by the Hartford.

Intuit Inc. is a licensed producer or the insurance agent of The Hartford. Insurance Agency Employee Matters, Inc, a wholly owned subsidiary of Intuit Inc., is an appointed agent of all or part of the insurance subsidiaries of The Hartford. Intuit Inc. receives a fee from The Hartford as part of The Hartford to the use of the Intuit name, trademarks and other goods used for purposes of marketing the service XactPay Web ®.

Intuit, the Intuit logo, and QuickBooks, among others, are trademarks and / or registered trademarks of Intuit Inc. in the United States and other countries.

Intuit Inc
Michael Porcaro, 650-944-6509
michael_porcaro@intuit.com
or
Access Communications
Anna Pignataro, 415-844-6216
apignataro@accesspr.com
or
The Hartford
Thomas Hambrick, 860-547-9746
Thomas.hambrick @ thehartford.com

Keywords States: California
Industry Keywords: Technology, Internet, Software, Professional Services, Banking, Finance, Insurance
Source: Intuit Inc.

Copyright © 2009 Business Wire Business Editors / Software Writers / Financial Editors MOUNTAIN VIEW, Calif. - - 7 January 2009 - It is now easier and more efficient for small employers to pay their employees, insurance premiums and compensation management their cash flows.