Finance

Paylogix® Welcomes Salary Finance Inc. as the Newest Member of their Co-Op Funding Program

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WESTBURY, N.Y., June 1, 2022 /PRNewswire/ — Paylogix®, the premium know-how answer supplier within the administration of voluntary advantages welcomes Wage Finance Inc., the main international supplier of socially accountable monetary merchandise within the office as the most recent supplier to their Co-Op Funding Program.

“We delight ourselves in delivering the perfect in voluntary advantages to the insurance coverage business,” mentioned Richard Pfadenhauer, CISSP, president and founder. “Wage Finance is offering a beneficial service to American staff with helpful options. This partnership might be invaluable to brokers by simplifying the administration of those advantages to their purchasers.”  

“Complete family debt spiked to its highest stage since 2007. American staff are struggling. An ideal storm of excessive inflation, a restrictive housing market, bloated scholar loans, and the elimination of the kid tax credit score has led to a rise in monetary stress,” Dan Macklin, CEO, Wage Finance, mentioned. “We’re thrilled to accomplice with Paylogix, a trusted advantages accomplice for insurance coverage brokers and main enterprise employers, to make it straightforward for workers utilizing Paylogix to enroll in and use their Wage Finance advantages.”

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By way of the Paylogix platform, brokers can merge a number of merchandise from a number of distributors and carriers into one on-line Consolidated Billing® assertion. Brokers who provide Wage Finance voluntary advantages can have entry to the complete suite of Paylogix® enrollment and billing options. By way of partnerships with over 60 profit suppliers nationwide, Paylogix® can present this service at no extra value to brokers or their purchasers.

About Wage Finance
Wage Finance’s mission is to enhance the monetary well being of working Individuals by offering entry to socially accountable monetary merchandise within the office. When workers can entry inexpensive credit score, scale back unhealthy debt, and improve their financial savings, they’re happier and extra productive at work, and extra prone to obtain long-term monetary stability. Employers profit from improved retention and engagement, at no extra value.    

About Paylogix®
Paylogix® is the trusted premium know-how answer supplier for effectivity and transparency within the administration of voluntary advantages. Our thoughtfully designed instruments to facilitate enrollment by way of billing processes, are automated, progressive, and safe to offer customers with the info they want, once they want it. If you’re an insurance coverage provider, dealer, or enrollment firm, concerned with studying extra about how Paylogix® might help present correct and extra environment friendly enrollment and billing processes, go to http://www.paylogix.com or e-mail [email protected] for extra data.

Media Contact:
Lisa Sanderson, Paylogix
[email protected] 516-570-9987

SOURCE Paylogix

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