Fintech company that offers more than 125,000 employers with a unique and singular financial wellness perk platform, FinFit, has recently announced the debut of its WageNow solution alongside PrismHR users. PrismHR currently works with more than 80,000 organizations and 2 million employees worldwide.
“WageNow helps PrismHR customers meet a significant demand from their SMB clients and employees,” said Tim Pratte, Senior Vice President, Customer Success, PrismHR. “It eliminates the need to issue payroll advances, and by helping improve employees’ financial wellness, WageNow allows PrismHR customers to help their clients improve employee engagement and achieve greater employee retention.”
For many in the workforce, weekly or bi-weekly pay from jobs can be tricky to align with bill due dates and create a cycle of income instability that can drastically and quickly get worse. With WageNow, however, FinFit gives employees the ability to instantly access wages they've already earned - whenever, wherever.
“FinFit is the largest and only financial wellness platform that combines all key elements of a comprehensive wellness offering, which includes assessment, development, motivation and solutions. WageNow extends the platform offerings to empower our members on their path to financial wellness. PrismHR has once again demonstrated their position as a leader in the marketplace, innovating on behalf of PrismHR customers, their clients and their employees to create value. FinFit looks forward to working with Tim Pratte and the PrismHR team,” says David Kilby, President of FinFit.
Founded in 2008, FinFit has grown to be one of the nation’s largest financial wellness benefits servicing over 125,000 clients. FinFit provides a self-directed online experience that lets employees measure their financial fitness and provides fun, education resources and tools to increase their financial knowledge and drive results. FinFit helps to eliminate stress in the workplace by providing real-time solutions that offer real-world help when it is needed most. FinFit is a powerful way for employers to attract and retain talent by helping employees get focused, get healthy and become more productive.
PrismHR is the largest payroll, benefits, and HR software platform for Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs). It powers more than 80,000 organizations, delivering payroll, benefits and HR to greater than 2 million worksite employees and processing over $55 billion in payroll each year. With more than 20 years of experience providing software for PEOs and ASOs, PrismHR provides the most comprehensive HR technology platform available, providing efficiencies and scalability that allow PrismHR customers to grow their business by 41% more than HR service providers that use other platforms.
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