DailyPay, a Fintech company that specializes in earned wage access, has announced its availability on the Oracle Cloud Marketplace. This integration allows DailyPay to be seamlessly integrated with Oracle Fusion Cloud Human Capital Management (HCM), providing a powerful employee benefit to Oracle Cloud HCM customers.
The Oracle Cloud Marketplace serves as a centralized repository of enterprise applications offered by Oracle and its partners. With DailyPay, Oracle Cloud HCM customers now have the ability to provide their employees with on-demand pay, allowing them to access their earnings as they accumulate.
By giving employees the choice and control over their earned pay, DailyPay users can pay bills, spend, save, or invest on their own schedule rather than waiting for a fixed payday. Research from The Aite Novarica Group reveals that 88% of DailyPay users experienced fewer difficulties with paying bills on time after using the benefit.
Nancy Estell Zoder, Vice President of Product Strategy at Oracle, recognizes that financial wellness plays a crucial role in employee satisfaction and retention. By combining DailyPay’s innovative earned wage access solution with Oracle Cloud HCM, organizations can enhance the overall employee experience.
Kevin Coop, CEO of DailyPay, expresses pride in working with Oracle Cloud HCM customers to provide value to employees and promote financial equity within their workforces. DailyPay’s participation in the Oracle Cloud Marketplace aligns with their mission to establish a new financial system accessible to all. This integration enables Oracle Cloud HCM customers to easily reap the benefits of earned wage access.
The Oracle Cloud Marketplace is a comprehensive platform for Oracle customers seeking trusted business applications and services, offering unique solutions that extend Oracle Fusion Cloud Applications.
As DailyPay continues its mission to build a new financial system for everyone, it serves as a valuable partner for employers, providing modern pay strategies that activate the workforce and foster stronger relationships with employees. This, in turn, leads to higher employee engagement, productivity, and retention.
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