ADP Expands Instant Pay and Financial Wellness Solutions with Launch of Wisely Now and the myWisely App
Enhanced Compliance with Wisely Now
Wisely Now helps organizations address compliance risks by bringing automation to instant payments such as off-cycle and termination pay. The solution offers a single-instance, electronically funded, employer-authenticated paper check issued by one of several U.S. major banks which enables employees to cash checks without fees.
"Employers are challenged by the complex compliance requirements of instant termination pay, which can vary state-by-state," said
myWisely App Supports Financial Wellness
The myWisely companion app is a single solution that unifies cardholder capabilities, including resources for tracking spending and saving, finding locations to access cash, paying bills and engaging cardholder services. Through myWisely, users have the ability to monitor spending, making it an important tool for improving financial wellness, an area that 98% of employers agree has a direct impact on employee productivity and engagement.1
"Clients tell us they are very interested in the financial well-being of their workforce," said
The myWisely app is available for download on phones and tablets through the Apple® App Store® for iOS devices and Google Play® for Android® devices at www.myWisely.com. To learn more about myWisely and Wisely Now, visit www.adp.com.
About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com
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Jason Ledder, ADP, LLC , (201) 650-8160, Jason.Ledder@adp.com