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What is Immediate?

Employers have the opportunity to enhance their employees' financial well-being and break the cycle of debt by providing daily access to wages earned. This mechanism, known as earned wage access, plays a pivotal role in helping workers avoid reliance on payday loans and credit card debt. With Instant, hours worked are easily verified, enabling employees to receive their earnings ahead of the usual payday at no extra expense to the employer. After completing their workday and clocking out as per standard procedure, the HR software meticulously records the hours, including the timestamps for clocking in and out. Once the hours are logged, Immediate gets notified and promptly makes the earnings available for transfer. Employees can then have the funds sent directly to their bank accounts, a preferred financial institution, or a loadable debit card. Furthermore, the payroll software efficiently manages the repayment of any accessed earnings, ensuring that deductions are made from the next scheduled payday. By implementing such a system, employers not only improve financial stability for their workforce but also foster higher employee retention and cultivate loyalty among their team. Ultimately, this approach benefits both the workers and the organization as a whole.

What is Clockout?

Clockout empowers account holders to access their earned wages before the designated payday, making it an appealing incentive for customers to opt for direct deposit with your financial institution. This service is perfectly integrated with your existing mobile and online banking platforms, leveraging over 40 banking core integrations and SDKs that require very little deployment effort. You can customize the EWA (Earned Wage Access) experience to align with your brand’s distinct identity, enhancing the overall customer experience. Our adaptable SDK components facilitate the creation of a user-friendly interface, ensuring that clients enjoy a seamless experience across all digital channels. By motivating customers to switch their payroll to your bank, you can significantly boost new direct deposits and attract a larger client base. Offering an EWA service tailored to your clients' financial needs not only strengthens customer loyalty but also enhances retention rates. Furthermore, this service opens doors for additional revenue generation through transaction fees and cross-selling opportunities, thereby contributing to your institution's financial growth. In an increasingly competitive market, providing a unique and convenient service that appeals to modern consumers will ultimately result in improved customer satisfaction and stronger engagement. By prioritizing these aspects, your institution can cultivate a loyal customer base that appreciates the value you offer.

Media

Media

Integrations Supported

TeamBuilder

Integrations Supported

TeamBuilder

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Immediate

Date Founded

2019

Company Location

United States

Company Website

www.joinimmediate.com/solutions

Company Facts

Organization Name

Clockout

Company Location

United States

Company Website

www.joinclockout.com

Categories and Features

Categories and Features

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