Rho

If you're a founder building a community of peers, we'd love to chat. Proud to support what Naial Casanovas Mack and the team at DropUpp Inc. are doing to grow the Philly startup ecosystem!

Digital CPA 2024 is LIVE! Not in attendance and feeling some FOMO? Follow these hashtags #DCPA24 #DigitalCPA to see the latests posts from participants currently onsite in Denver, CO. But if you are in town and your agenda is open this evening, please join the Rho team (Dominic Daley, Nick Clarke and Emma Kallenbach) along with our partners A/F Tech Advisors Fund, Earmark, Legix and Justworks for a fun night of food, drinks, conversation and bowling. Limited spaces are still available https://lu.ma/28m1b77j Check out the comments to learn more about the solutions Rho is 🎳 rolling 🎳 out for our Accountant partners.

NEWS YOU CAN USE: Rho’s integration with Xero is now live! For our tech-forward customers who value simplification, here’s our gift to you this holiday season - streamlined financial operations.  A new bank feed integration between Rho and Xero means that Rho clients can sync their transactions directly with Xero.  Helping our clients close their books faster and more accurately means that you’ve got more time to focus on other areas of your business.  And no need to wait to open this present, current customers of Rho and Xero can begin using this integration today. Click on the link in the comments to access the full announcement and setup your integrated Xero experience today.

The new-and-improved Rho app can't track the calories founders and finance teams consumed last week 🦃 (yet), but... ...we shipped several enhancements in our mobile app to help them get more done on the go, including: 1. Better transaction search functionality to quickly find specific expenses and reimbursements in Rho 2. An updated expense drawer admin approvers can use to send reminder emails for missing or incorrect expense requirements 3. Refreshed in-app notifications that surface policy decline reasons fast All this and more in our latest monthly release, which you can read in the blog post linked in the comments!

New from Rho: Simplified W9 collection and 1099 reporting 🚀 As we approach year-end tax season, we're excited to introduce two new features that make navigating both easier and more efficient. First up, an improved W9 collection process. Now, businesses can request a W9 form and payment details from vendors simultaneously, reducing back-and-forth communication and accelerating vendor setup. Second, we've made it easier to export the reports you need to file your 1099s, eliminating the need to sift through individual vendor profiles. The result? Better efficiency, accuracy and compliance—just in time for 1099 season. To learn more, check out our blog post linked in the comments below!

Any startup engaged in R&D could be significantly impacted by a little-known tax rule called Section 174. Founders, as we approach year-end and 2025 tax season, it's critical you understand how Section 174 could impact your business, so the Rho team partnered with our friends at Aprio to publish an easy-to-follow guide on the topic. Have additional questions? Feel free to drop them in the comment section below. Special thank you to Dave Hanson and the extended Aprio team for the collaboration!

Special thank you to Bridge Funding Global for putting this on. Rho is proud to support the fund managers helping the US startup ecosystem thrive!

Special thank you to Tech:NYC, Visible Hands, and the amazing speakers who made NYC SEEN Summit happen this week! ❤️ 🗽 Rho is proud to support Tech:NYC as it continues supporting the ecosystem of founders that make the NYC ecosystem so special. More to come in 2025! M13 Union Square Ventures Harlem Capital H/L Ventures Dollaride New York City Economic Development Corporation BAGS itselectric Starcycle Canid Brooklyn Bridge Ventures

We're hiring! Here's a snapshot of some key roles we're looking to fill in our NYC office ❤️ 🗽 1. VP of Engineering – To lead and grow a team of exceptional engineers executing our roadmap. 2. Senior PM, Payments – To ship cutting-edge banking platform and payment experiences for thousands of businesses running on Rho. 3. Implementation Specialists (CPA) – To make our award-winning onboarding experience even better. 4. Partnerships Sales AE – To add more leaders to Rho's growing partner ecosystem. 5. Head of Brand Marketing – To create memorable brand experiences that capture the minds and attention of startup founders. Interested in applying or know someone who might be a fit? Reach out to Justin Wolz, and visit https://www.rho.co/careers to learn more about our open roles!

ICYMI last week, we unveiled the new Rho Partner Portal for Accountants. As our PM for Accounting Jack Maddock explains in the video below... We built this special version of Rho designed to help firms solve three key problems. 1. We’ve heard directly from our accounting partners just how challenging it can be to provision users in and out of client accounts as staffing changes, especially if they cannot self-serve the process. 2. When onboarding clients, first touches and experiences are critical for trust between the accounting firm, accountant, and client. Errors or lack of guidance in the onboarding phase start a relationship on a weak note. 3. Both accounting firms and their clients want to ensure that data is protected during the onboarding process and that the right permissions are granted at the onset without having to chase specific people or reuse shared credentials that are vulnerable to exploitation. Want to schedule time with a Rho accounting expert to try out the new Rho Partner Portal? Reach out directly to Dominic Daley today!