ADP, the workforce solutions provider, is looking atOpens a new window further extending its focus on innovation with the launch of ‘Wisely Pay’.
Wisely Pay will help clients and their employees stay at the edge of cutting edge tech, such as managing freelance/temp workers.
Doug Politi, President, Compliance Solutions, ADP, discussed the approach and ideas driving the new product:
“Wisely Pay is leading the way people get paid in the future as a true bank alternative, with innovative services like instant pay, savings, digital wallet, and other financial management and wellness features that are better aligned with the evolving workforce.â€
Wisely Pay is based on ADP’s acquisition of Global Cash Card, and will offer a host of administrative tools as well as support services, which could impact companies of all sizes, spanning industries and workforces, regardless of permanent or temporary roles.
Here’s a set of key features:
- State-of-the-art tech – best practices for administrators and card-holders via ADP’s internal digital payments framework, crafted on Global Cash Card, and ADP’s Instant Funding APIs.
- Flexible payments – multiple methods for payment transactions such as electronic alternatives – instant pays, peer-to-peer transferring, mobile digital wallets, and the like.
- Talent attraction/retention – several banking alternatives such as easy access to cash, purchasing capabilities, zero paper-check fees, and contemporary financial management tools, for the modern worker.
- Conviction and ease-of-mind – reliable and secure solutions, with enhanced data security and a single point-of-contact for quick issue resolution.
The Wisely paycard will be available in September, 2018 in US for employers who are ready to offer sponsored accounts for employees.
As mentioned, ADPOpens a new window works across a number of key areas such as – compliance, payroll, talent, HR, benefits – and is committed towards the creation of smarter and efficient workforces.