What are the benefits of using the Valorus fintech payroll module?
Both employers and employees benefit by using the Valorus fintech platform for payroll:
Employees can receive their money faster and save on banking fees, while employers
can save as much as $223 per employee per year.
Employers can issue their own debit cards with a white-label solution that keeps their
brands top of mind.
Companies can add a tax feature that easily calculates federal, state, and local tax
withholdings.
Employees can move money to their families in other countries, in real time, at no cost,
and with a state-of-the-art data application.
Business expenses can go directly on debit cards, saving time and money previously lost
on tedious expense reporting.
Employers can provide short-term or long-term microloans through the mobile wallet
and debit card, enhancing their overall benefits program.
Bundling wireless and other services with payroll through the Valorus platform can
generate significant cost savings for businesses, including up to 50 percent off of
monthly corporate telecom bills.