It’s hard to believe that it’s already been a year since we first launched Earnipay, and what a year it’s been! We set out with a simple goal: to revolutionise how salaries are paid, provide financial wellness for employees and improve workplace productivity for businesses.
In the past year, we’ve had the pleasure of working with many businesses and employees, providing them with our on-demand pay solution and helping them improve their financial wellness. We’ve seen firsthand the positive impact this solution has on employees, and we’re proud to have played a part in helping them achieve financial security and stability.
As we reflect on the past year, I am excited to announce that we have expanded our offerings. Our product has now evolved to solve both finance and people operations challenges for businesses of all sizes while doubling down on financial wellness for income earners.
A PwC research shows that 77% of employees with financial worries admit that they spend up to six working hours a week thinking or dealing with issues relating to their finances, resulting in dampened productivity at work. In practical terms, you could be paying financially stressed employees an entire month’s worth of salary each year to fret about money on the job.
A close look at the numbers shows that businesses are losing a significant amount of time and money due to employees’ distractions and compliance issues and are expending more resources than they should. This is why we crafted our products with the goal of reducing the time-to-money for both businesses and their employees.
We introduced our invoice factoring solution, which allows your company to access immediate capital using unpaid invoices, enabling you to pay suppliers and cover operational expenses without downtime. Additionally, we offer bulk bill and vendor payment solutions for easy and efficient payments, expense management solutions to improve compliance and gain insights into spending patterns, payroll processing and financing to meet payroll obligations on time, and an on-demand pay solution for financial wellness in the workplace. To learn more about our business solutions, please visit our website at www.earnipay.com.
Our goal for income earners has always been to improve their financial well-being. To improve this, we have expanded beyond just providing an on-demand pay solution which gives them instant access to their salaries every day at 5 pm and introduced an omnichannel solution that allows employees to learn, earn, make purchases and save by using our wallet and Learn feature which allows employees to learn how to manage their money through simple short courses.
Our innovative solutions are designed to empower companies to not just survive but thrive in today’s fast-paced business landscape. We have no doubt that with our solutions, your company will achieve greater success.
Thank you for your continued support. Here’s to an even more prosperous future for your business! Join us on this journey and experience better business outcomes with Earnipay.