Using Open Banking to simplify payroll
PayFit is an enterprise SaaS (Software as a Service) company that provides integrated and HR management software products. The company’s suite of products automates all payroll processes, from RTI submissions and payslips, to employee leaves and expenses.
The goal is to save time taken up by manual payroll tasks, and to therefore enable HR teams to spend more working on improving employee experience, and nurturing company culture.
What's the Open Banking use case?
Payment by Open Banking transfer brings a real change to the payment of salaries with PayFit. No need to enter the company's bank details, greatly reduced risk of error, ultra-smooth journey, real time and productivity savings.
PayFit is powered by Bridge