Draft:Patriot (software)
Submission declined on 19 April 2024 by Alpha3031 (talk).
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
|
- Comment: Seems mostly sourced to funding announcements, which are excluded under WP:ORGTRIV Alpha3031 (t • c) 13:45, 19 April 2024 (UTC)
Patriot Software is an American company that developed and administers a payroll software product for businesses in the United States.
History
[edit]Founded in 2002 by current CEO Mike Kappel,[1] the company offers basic and full-service packages which also include the handling of payroll taxes and 1099s.[2]
From 2017 to 2019, Patriot Software raised a total of over $15 million from a friends and family fundraising round. The Regulation D Stock Offerings were permanently closed with the SEC in January 2019. They had offered up to $20 million in common stock during those pre-seeding rounds.[3] The company sold common shares but did not go public.[4]
In July 2019, SageLink Capital acquired Patriot’s recruiting software subsidiary, Top Echelon Software.[5] In 2021, the company secured an undisclosed amount in Series-A funding, led by RZC Investments, an investment arm for the Walton family and cofounded by Tom Walton and Steuart Walton in Bentonville, Arkansas.[6]
In March 2023, the American Payroll Association reported that Patriot released a letter outlining the steps it was taking to “regain normal operations"[7] after being impacted by the collapse of Silicon Valley Bank (SVB).[8][9]
As of 2024, the company served over 56,000 small businesses.[10]
Recognition
[edit]- Money ranked Patriot as the “Best Affordable Option" on their 6 Best Payroll Software Services for 2023 listing.[11]
- U.S. News & World Report ranked the company #3 on their Best Payroll Software of 2023 list.[12]
- PC Magazine included them on their Best Online Payroll Services for 2024 listing.[13]
- U.S. News & World Report ranked them #3 in their Best Payroll Software of 2024 list.[14]
References
[edit]- ^ "Patriot Software seeks major expansion" Canton Repository. Retrieved 2024-04-17.
- ^ "Patriot Accounting and Payroll review" TechRadar. Retrieved 2024-04-17.
- ^ "BRIEF-Patriot Software Offers Up To $20 Million Of Common Stock" Reuters. Retrieved 2024-04-15.
- ^ "Canton's Patriot Software to raise up to $20 million in new capital" Crain's Cleveland Business. Retrieved 2024-04-15.
- ^ "Investment firm acquires Top Echelon Network" SIA. Retrieved 2024-04-16.
- ^ "Walton investment platform leads funding round for Ohio software company" Talk Business & Politics. Retrieved 2024-04-17.
- ^ "Bank Failures Impact Payroll Professionals" PayrollOrg. Retrieved 2024-04-15
- ^ "How a Stark County company scrambled to respond to Silicon Valley Bank collapse" Canton Repository. Retrieved 2024-04-17.
- ^ "The real victims of SVB aren't the tech elite: Hardworking business owners share their horror stories of the bank's collapse" Fortune. Retrieved 2024-04-17.
- ^ "Small Business Payroll Index Shows Decrease in Workers" CPA Practice Advisor. Retrieved 2024-04-13.
- ^ "6 Best Payroll Software Services" Money. Retrieved 2024-04-15.
- ^ "Patriot Review and Prices" U.S. News & World Report. Retrieved 2024-04-15.
- ^ "The Best Online Payroll Services for 2024" PC Magazine. Retrieved 2024-04-16.
- ^ "Best Payroll Software of 2024" US News & World Report. Retrieved 2024-04-16.
- ^ "Best payroll software of 2024" USA Today. Retrieved 2024-04-17.
- ^ "Best payroll software in 2024" CNN Underscored Money. Retrieved 2024-04-17.
External links
[edit]Category:Companies based in Ohio Category:Payroll Category:Technology companies of the United States
- in-depth (not just brief mentions about the subject or routine announcements)
- reliable
- secondary
- strictly independent of the subject
Make sure you add references that meet all four of these criteria before resubmitting. Learn about mistakes to avoid when addressing this issue. If no additional references exist, the subject is not suitable for Wikipedia.