4 ms·
Calculate the net pay etc. while being compliant with federal/state regulations only, or automate payments to employee accounts as well? What is the minimal val
by synergyS 3y ago
Calculate the net pay etc. while being compliant with federal/state regulations only, or automate payments to employee accounts as well? What is the minimal value that such saas can provide to get massive number of users?
- jqpabc123 3y agoAutomated payments would offer a huge advantage. And now is the prefect timing with the FedNow service just becoming available. https://www.federalreserve.gov/paymentsystems/fednow_about.htm https://www.federalreserve.gov/paymentsystems/fednow_about.h... Payments also offers the perfect monetization option --- charge for each transfer.
- jqpabc123 3y agoUpdate Automated payments may not be necessary. With the new FedNow service, some banks are offering cash managment software that allows direct transfer to employee accounts. A payroll system may only need to interface with these.