A few days ago, the business management solutions company, Cegid, signed an agreement with Payflow, Spanish fintech specialized in salary a la carte. This synergy between the two companies aims to provide Cegid customers with the wage-on-demand solution.
In this way, companies that are using Cegid Peoplenet will be able to offer a new benefit to their employees, allowing them to request their salary in real time through the Paycheck Now solution, privately, quickly and free of charge through the mobile application. . For the HR department, this agreement also offers advantages, since this solution allows to automate processes (due to native integration) and reduce the administrative burden.
This “à la carte” payroll solution allows workers not having to wait for the end of the month to access your payroll, being able to collect an amount proportional to the days already worked. Having flexibility in the collection of payroll allows them to achieve greater financial freedom and liquidity to meet any need that arises during the month, thus avoiding financial difficulties.
The possibility of offering different benefits for employees is currently a key aspect for HR departments in terms of attracting and retaining talent and the possibility of accessing salaries in real time, is one of the the remunerative benefits with greater followers. Thanks to this, employees are able to achieve greater financial well-being, which translates into a very positive impact on the company that affects the increase in employee commitment and productivity.
Santiago SolanasCEO of Cegid in Iberia, Latam and Lusophone Africa, reinforces: «Payflow has become a strategic ally that will help us provide greater well-being to our clients. Paycheck Now is a very interesting service for the sectors with which we work, since it allows us to enhance the attraction of talent and improve productivity. The fact that the employees of a company can receive their salary when they most need it, allows them to reduce financial stress and suffer from debt, situations that clearly end up interfering with their productivity”.
For his part, Benoit Menardo, co-founder of Payflow, points out that “This agreement will allow us to reach many more companies in the country and bring financial well-being to thousands of workers through wages on demand. Signing a partnership with Cegid makes us especially excited, it is one more example that our product is innovative, attractive and very powerful, we know that Paycheck Now will be a success”.
