Cision PRWeb
Modern back office platform and employer of record can accelerate pay to staff
Ascen, the Y Combinator-funded back office platform for contract staffing, announced its partnership with leading workforce payments platform Branch to provide faster payment solutions for staffing firms. The partnership enables staffing firms that turn to Ascen for employer of record (EOR) and payroll services to provide same-day payouts and other financial services to their workers. This not only fosters an efficient and reliable payments experience, but also better enables staffing firms to compete for talent.
Embedding Branch’s award-winning payments technology, Ascen will be able to pay workers for completed shifts immediately after their hours have been approved and offer a direct deposit option for new and current workers. This partnership addresses a critical need in today’s fast-paced work environment, ensuring workers receive their earnings without delay.
Read More on Fintech : Global Fintech Series Interview with Krishna Venkatraman, Chief Data Officer at Kueski
Ascen’s integration with Branch streamlines the entire payment process, providing a seamless experience for staffing firms and their workers:
- Increased Worker Satisfaction: By ensuring timely payments, Ascen can boost worker satisfaction and retention, fostering a more motivated and reliable workforce.
- Efficiency and Reliability: Branch’s robust payments platform delivers accuracy, control, and reliability, ensuring that transactions are processed with speed.
- Easy Adoption: Ascen and Branch have made it easy for staffing firms and workforces to adopt same-day payments with ease, with workers able to complete onboarding and account set-up in minutes.
“Our priority has always been to provide staffing firms with the best tools and resources to focus on matching clients with candidates,” said Ascen founder and CEO Francis Larson. “By integrating Branch’s innovative payments solutions, we’re excited to pay out workers as quickly as possible and enable staffing firms to do the same. Faster pay is one of the most sought-after perks for attracting talent.”
“We’re excited to collaborate with Ascen to power faster, more flexible payment options to staffing firms and meet the needs of today’s dynamic workforce,” said Branch founder and CEO Atif Siddiqi. “Whether it’s paying contractors or employees, we’re committed to delivering a seamless and efficient payment experience for both companies and their workers.”
Catch more Fintech Insights : Global FinTech Interview with Yaacov Martin, CEO at The Jifiti Group
[To share your insights with us, please write to psen@itechseries.com ]
The post Ascen Integrates Branch to Power Same-Day Payouts, Innovative Payment Solutions for Staffing Firms appeared first on GlobalFinTechSeries.
