82%
less payment processing time
31%
less effort for payment reconciliation
95%
payment accuracy rate improvement
Automated multi-account payments
Streamline your payroll payment process by automatically splitting employees’ salary payments across multiple bank accounts.
Our platform handles the complexity while you maintain full control over payment instructions and execution timing. Built-in account validation ensures payments reach their intended destinations accurately and securely.
Real-time payment tracking
Monitor the status of all split payments through a comprehensive dashboard.
Each payment’s journey is tracked in real-time, with instant notifications for successful transfers or any issues requiring attention. This visibility ensures you’re always informed about your workers’ payment status.
Secure account validation
Our robust validation process, including penny testing, verifies all bank accounts before payments are sent.
This extra security layer ensures your payments reach valid, active accounts while preventing failed transfers and reducing payment delays.
Global payment coverage
Support your international workforce with split payments across multiple currencies and countries. Our platform optimizes payment routes and reduces transaction costs while ensuring compliance with local banking regulations.
Simplified reconciliation
Access detailed payment reports that clearly identify split payments with visual indicators for payment status.
Track completion rates and quickly address any payment issues through our intuitive interface.
FAQs
How does the account validation process work?
Before executing payments, our system performs a comprehensive validation check on all bank accounts, including penny testing. This process verifies that each account is active and capable of receiving payments. Once validated, accounts are approved for ongoing payments, ensuring reliable transfers for your workforce.
Can employees manage their own bank account details?
Employees can securely view and edit their primary bank account details through our self-service portal. For additional accounts, changes need to be managed through your payroll team to ensure proper oversight and control of payment distributions.
What happens if a split payment fails?
If any portion of a split payment fails, our system immediately notifies your team with specific details about the failed transfer. The payment can be retried as soon as the bank account information is corrected, ensuring minimal disruption to your employee’s compensation.
Is there a limit to how many bank accounts can be used for split payments?
Our platform supports up to four bank accounts per employee for split payments. This flexibility allows you to accommodate various payment needs while maintaining efficient payment processing and oversight.
Can split payments be made across different currencies?
Yes, our platform supports split payments across multiple currencies, automatically handling currency conversion at competitive rates. This feature is particularly valuable for international employees or those with accounts in different countries.
Boost productivity and performance
Boost productivity and performance, so you can focus on what matters — your business.