Salary advance management

Update

Overview:

  • Is a solution to increase the connection between businesses and employees
  • Simple operation, easy to use
  • Fast cash flow, receive money in your account immediately after making a salary advance
  • Information on advanced salary and remaining salary is tracked on the system.

Procedure: 

Functions of the subsystem: 

  • FTSHRM human resource management software is linked with the WeWay salary advance app, allowing employees to flexibly advance their salary before the monthly salary payment period.
  • Support businesses to increase benefits for their employees, protect employees from financial traps
  • Employees use the WeWay salary advance app on mobile phones to make salary advances when necessary. The advanced salary is 100% of the salary for the working day.
  • From working capital, WeWay allows workers to receive salaries instantly through their bank accounts.
  • All information about each employee's salary advances such as salary advance requests, advance amount of each request, remaining salary, etc. are tracked on the FTSHRM human resource management system.
  • The transaction fee with employees is 1% / 1 Transaction and there is no interest or any other fees, if no transaction is made, there is no fee.
  • For implementing enterprises, WeWay will act as the unit to support salary advances for employees and the enterprise will refund the salary advance payment to WeWay within 5 days from the date of salary payment.