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Employee financial wellness FinTech ZayZoon has announced a new partnership with APlus Workforce Management Solutions to offer workers access to on-demand payroll. Workers can see a portion of their wages transferred to their bank accounts in nearreal-time for reduced cash flow pressure while professionals wait for their official payday.
From Same Day ACH to paycard controversies , a few recent news stories have placed payroll in center stage. At the heart of the discussion is how companies can pay their employees in a timely manner — naturally, a critical component of a functioning workforce. Industry experts agree.
At least, that’s according to a report from the EuroFinance Corporate Treasury Network published last month, which found less than half of corporate treasurers say having the ability to make a real-timepayment is a priority. Take payroll, for example. A payment file has to be sent out through Bacs , a three-day process.
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