![[US] Intuit partners with Clair to deliver on-demand pay](http://gpa.net/cdn/shop/articles/bigstock-Digital-Currency-Usa-Dollar-Si-399771005_09bbdd10-249a-4c09-a453-36de6e1c0bf1_1200x.jpg?v=1758546474)
The global financial technology platform Intuit has announced the availability of Clair On-Demand Pay as part of Intuit Enterprise Suite and QuickBooks Payroll on the Intuit platform. Through a partnership with the fintech Clair, companies using QuickBooks Online Payroll will now be able to provide employees with early access to a portion of their earned wages before their scheduled payday, Stock Titan reports.
The launch of On-Demand Pay is part of Intuit’s commitment to deliver an all-in-one business platform to help small and mid-market businesses run and grow, including providing a comprehensive Human Capital Management (HCM) solution.
Economic wellbeing research found that 37 per cent of adults can’t cover an unexpected $400 expense. According to Intuit, Clair On-Demand Pay is rolling out to eligible US QuickBooks Payroll customers to give employees a stress-free and no-cost- or low-cost option to meet an unplanned financial need.
"In today’s competitive employment landscape, employers and employees understand the importance of access to comprehensive benefits,” Olivier Bartholot - Vice President, Workforce Solutions, Intuit QuickBooks - said. "The new Clair On-Demand Pay inside QuickBooks empowers employees to manage their finances more effectively. It also levels the playing field for small business employers, allowing them to provide earned-wage access, a benefit usually offered by larger corporations, to enhance employee satisfaction and retention.”
"Intuit’s platform is the trusted backbone for millions of businesses, and we are honoured to partner with them to extend that same level of support and simplicity to employees paid through QuickBooks Payroll,” Nico Simko - CEO and Founder of Clair - said. “By embedding Clair On-Demand Pay directly into the QuickBooks Workforce app, we're making financial wellness an integrated part of the workday, not a separate app they have to download. Together, we're empowering small and growing mid-market businesses to offer a critical benefit that helps them attract and retain talent in today's competitive market."
Source: Stock Titan
(Link and quotes via original reporting)
The global financial technology platform Intuit has announced the availability of Clair On-Demand Pay as part of Intuit Enterprise Suite and QuickBooks Payroll on the Intuit platform. Through a partnership with the fintech Clair, companies using QuickBooks Online Payroll will now be able to provide employees with early access to a portion of their earned wages before their scheduled payday, Stock Titan reports.
The launch of On-Demand Pay is part of Intuit’s commitment to deliver an all-in-one business platform to help small and mid-market businesses run and grow, including providing a comprehensive Human Capital Management (HCM) solution.
Economic wellbeing research found that 37 per cent of adults can’t cover an unexpected $400 expense. According to Intuit, Clair On-Demand Pay is rolling out to eligible US QuickBooks Payroll customers to give employees a stress-free and no-cost- or low-cost option to meet an unplanned financial need.
"In today’s competitive employment landscape, employers and employees understand the importance of access to comprehensive benefits,” Olivier Bartholot - Vice President, Workforce Solutions, Intuit QuickBooks - said. "The new Clair On-Demand Pay inside QuickBooks empowers employees to manage their finances more effectively. It also levels the playing field for small business employers, allowing them to provide earned-wage access, a benefit usually offered by larger corporations, to enhance employee satisfaction and retention.”
"Intuit’s platform is the trusted backbone for millions of businesses, and we are honoured to partner with them to extend that same level of support and simplicity to employees paid through QuickBooks Payroll,” Nico Simko - CEO and Founder of Clair - said. “By embedding Clair On-Demand Pay directly into the QuickBooks Workforce app, we're making financial wellness an integrated part of the workday, not a separate app they have to download. Together, we're empowering small and growing mid-market businesses to offer a critical benefit that helps them attract and retain talent in today's competitive market."
Source: Stock Titan
(Link and quotes via original reporting)
