HR Tech partnership makes it easier for Paycor customers to offer a daily pay benefit
NEW YORK–(BUSINESS WIRE)–DailyPay, the pioneer of instant access to earned wages, today announced its partnership with Paycor, a leading provider of human capital management (HCM) solutions, including human resource (HR), payroll and timekeeping software. Through this strategic partnership, Paycor customers can now offer their employees DailyPay at no additional cost to their organization and with no changes to the existing setup of their benefits, payroll and timekeeping systems.
This collaboration is made possible through a custom API integration with Paycor’s payroll and time and attendance systems, which allows the two systems to share data seamlessly, calculate the real-time available balance of employees that enroll in the program, and facilitate the instant transfer of funds when requested by an employee. This partnership saves Paycor customers time and effort when offering their employees best-in-class benefits, and ensures that Paycor customers are labor law and bank covenant compliant in all 50 states.
“At Paycor, we’re committed to providing businesses with the technology and expertise they need to recruit, onboard, engage, pay and retain employees,” Jean Morrison, Head of Alliances for Paycor said. “Partnering with DailyPay ensures that our customers have access to the most innovative solutions available. It also means that payroll and HR professionals can enable instant access to earned wages with the peace of mind of knowing they’re doing so using the most secure platform on the market today.”
With DailyPay, employees can transfer their accrued but unpaid wages to any bank account or pay card, prior to their next payday. Employees can also track their accumulated earnings during each pay period using the available balance feature. In this way, DailyPay provides employees with a safeguard against unexpected expenses, and an incentive to work scheduled or even additional shifts to increase their available earned balance.
“DailyPay is aligned with the most forward-thinking companies in HR and payroll technology,” Jason Lee, CEO of DailyPay said. “Paycor’s commitment to helping their customers improve the employee experience through the right benefits made them an obvious partner choice. We welcome their customers in joining #DailyPayNation and we look forward to seeing what they can accomplish.”
To learn more about DailyPay, go to https://www.dailypay.com.
DailyPay is the pioneer in providing employees instant access to earned wages across a wide range of industries, including quick service restaurants, hospitality, retail, healthcare and other services. One in six Americans now has access to DailyPay through our trusted payroll service partners like Paycor, ADP, SmartLinx, Netspend and other HR and payroll technology providers who offer the daily pay product to their customers. With DailyPay, employees can pay bills on time and avoid late fees, helping them to reach their financial goals. Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment. DailyPay is backed by leading venture capital firms and world-class strategic investors. The company is headquartered in New York.
For more information about DailyPay, visit dailypay.com or follow @DailyPay on Twitter.
More than 30,000 medium and small businesses nationwide trust Paycor to help them engage, manage and develop their people. Paycor is known for delivering the best unified HCM platform for the SMB market, but what makes us legendary is the total client experience we provide, from responsive service and user-friendly design to expert partnership and thought leadership. Our unique combination of technology and expertise helps clients streamline every aspect of people management so they can focus on what they know best—their business and their mission.
To learn how Paycor can help you make a difference, visit www.paycor.com.