Africa’s leading HR and payroll technology company, SeamlessHR has announced the launch of its latest suite of business and employee enablement solutions- Payroll Financing & Employee Benefits in conjunction with partners. The newly introduced offerings aim to provide both employers and employees with critical financial tools to fuel their growth.
In his announcement of the new offerings, the CEO of SeamlessHR, Dr. Emmanuel Okeleji stated that “SeamlessHR’s Payroll Financing solution is a catalyst for operational stability and will aid employee retention. By addressing the financial challenges faced by businesses and employees, we are unlocking the full potential of Africa’s workforce and driving sustainable business and economic growth.”
With SeamlessHR Payroll Financing, businesses have the necessary liquidity to meet payroll obligations without disrupting day-to-day operations. Flexible loan terms, quick and simple application processes, and seamless integration with existing payroll systems to ensure employees are always paid on time, maintaining the momentum for business operations.
Complementing this, SeamlessHR’s Employee Benefits package features Earned Wage Access (EWA) and employee loans solution which was built in partnership with the Bill & Melinda Gates Foundation in 2023. This product provides employees with the flexibility to access their earned wages before payday and secure soft loans to cover unexpected expenses.
Recently recognized by the Financial Times as one of Africa’s Fastest growing companies, the tech giant’s HR solution is currently used by 5 of the 10 companies awarded as Great places to work in Nigeria; Sterling Bank, Wema bank, Credit Direct, Providus Bank and FBN Quest.
Oke Egbi, Director of Embedded Finance at SeamlessHR, in her remarks emphasized the company’s commitment to not only being an HR technology provider but also a strategic partner. “Our Payroll Financing and Employee Benefits solutions are designed to be seamlessly integrated into any existing HR ecosystem, ensuring that businesses can access the tools they need without disrupting their operations.”
SeamlessHR’s commitment to fostering employee retention and business productivity is evident in these new solutions, which are set to benefit African companies and their workforce, ensuring stability and growth in an evolving economic landscape.