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
- 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.