Payroll System Integration
Floatpays securely integrates with your company’s existing payroll system via an API or flat file (spreadsheet) in order to calculate an employee’s earned-but-unpaid income. This secure integration enables the automatic reconciliation of earned wage access or savings account transactions via the app/USSD, with an employee’s paycheck. An integration via API allows for automatic updates on the Floatpays system, of new joiners or leavers within an organisation. If integration is done via a flat file, this information can be easily updated by an employer on the Floatpays Employer Portal.
Employers set the rules that govern employee access to Floatpays. These rules can be self-managed by the employer using the Floatpays Employer Portal. These rules control the percentage of earned wages that an employee can access; the number of withdrawals that an employee can make during the pay cycle and more. The Employer Portal also gives an employer the ability to add or remove employees from the Floatpays system.
At the end of an employer’s paycycle Floatpays will issue an ‘invoice’, which is a statement of account of all their employees’ transactions during the pay period. The total amount of these transactions is paid over to Floatpays by the employer, at the end of the pay cycle.
A Customer Success Manager is assigned to each employer. This is the employer’s dedicated ‘go to person’ for any queries or issues related to the Floatpays service. Employers have a direct line to their Customer Success Manager.