Finch Product Updates: September 2022
This month's updates include further expansion of coverage with two additional API integrations, greater availability of a key field for insurance providers, and a new way to connect with TriNet customers. Check out what’s new!
Broader North American coverage with two new integrations
Wave offers payroll as part of an all-in-one suite of financial products that serve over 2 million SMBs across the US and Canada. Acquired by H&R Block in 2019, the company offers a set of free services including invoicing, accounting, and banking, and adds additional paid services such as payroll, payments, and bookkeeping. We're excited to support Wave and allow developers to connect with hundreds of thousands of their payroll clients.
While we have compatibility with Quickbooks Payroll in the US we've now added support for Quickbooks Payroll as part of our broader international expansion efforts. Now developers can connect directly all 1.4 million Quickbooks Payroll customers across North America.
Expanded support for worker's compensation fields
We continue to roll out new fields for essential use cases and have made the worker's comp class_code field available in both Quickbooks and Paylocity alongside Gusto, ADP RUN, and others.
This field within the employment endpoint exposes the specific 3-4 digit code that identifies the types of work an employee performs so that insurance companies can estimate risk and calculate accurate premiums for employers.
While many of them will follow the National Council on Compensation Insurance (NCCI) code system, 14 states operate with independent class code systems. Cross-referencing the work location state for each employee with the class_code field is important to properly interpret this datapoint for your insurance product.
Alternative auth option with Trinet API token
With over 23,000 employers supported in the US, TriNet is one of our longest-standing and most popular integrations, and we’ve given it a fresh new update! Our TriNet integration now supports the option to connect via TriNet’s API directly. This new integration option is both a smoother and more secure experience, providing significant latency and reliability improvements to the connection.
How to Connect
Employers who select TriNet as their provider will see a new authentication page displayed by default in Finch Connect. Once they follow the process outlined by TriNet, employers will receive a set of API keys from TriNet, which can then be securely shared via Finch Connect.
That's all for this monthly update! Stay on the lookout for our next monthly product update. If you want to get your hands on the latest and greatest Finch features sign up for free access here.