November 07, 2011 08:30 ET

PaymentEvolution Partners with Xero to Make Bookkeeping Easier for Small Businesses in Canada

- New Partnership Delivers Complete Online Bookkeeping Solution Featuring Payroll, Tax Reporting and General Ledger Capabilities; Free Trial Available until Feb. 1, 2012 -

TORONTO, ONTARIO--(Marketwire - Nov. 7, 2011) - PaymentEvolution Corporation, a Canadian provider of payroll services for small and medium businesses (SMBs), today announced it has partnered with Xero, a leading provider of online accounting, invoicing, billing and banking solutions that connect accounting practices to their clients. Together, PaymentEvolution and Xero provide Canadian SMBs with a complete online bookkeeping solution that includes payroll, invoicing, tax reporting and general ledger capabilities.

With its easy-to-use interface, PaymentEvolution Payroll provides SMBs with a simple and cost-effective way to process their payroll and pay staff in less than five minutes from anywhere via the Internet. Now fully integrated with Xero, PaymentEvolution Payroll is the first complete payroll and online bookkeeping solution being offered in Canada as software-as-a-service (SaaS).

"Processing payroll in a timely fashion can be overwhelming for today's small businesses and additional bookkeeping responsibilities only add to their headaches," says Sam Vassa, Managing Director, PaymentEvolution Corporation. "The integration of PaymentEvolution Payroll with Xero provides Canadian SMBs with an exciting industry-first that will help them reap the numerous benefits of online payroll and bookkeeping services in one package and in a cost-effective way."

"At Xero, we are committed to providing industry-leading online solutions that simplify accounting and easily integrate with systems our clients use," says Xero's API Product Manager, Tony Rule. "PaymentEvolution shares that commitment."

Effective immediately, all PaymentEvolution Payroll customers have free access to the fully-integrated online bookkeeping solution. A free trial of the PaymentEvolution Payroll/Xero solution is available until February 1, 2012.

"As a PaymentEvolution Payroll customer, I've experienced first-hand how an easy-to-use, reliable and cost-effective online payroll service can make life a lot easier," says Nital Gosai B.A., LL.B, Gosai Law. "Having free access to additional bookkeeping capabilities online is exciting for me because it will let me focus on my client needs rather than accounting."

About Xero

More information about Xero can be found at:

About PaymentEvolution

PaymentEvolution empowers Canadian small and medium businesses, accounting firms and partners to manage payroll quickly and easily at low or no cost. Headquartered in Toronto, Canada, PaymentEvolution is lead by a team of technology professionals with many years of experience in Financial Services, Capital Markets and Management Consulting for major corporations and SMBs. Learn more at:

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