DailyPay, a Fintech focused on earned wage access, and a member of Oracle Partner Network (OPN), announced it is available on Oracle Cloud Marketplace and can be integrated with Oracle Fusion Cloud Human Capital Management (HCM).
Oracle Cloud Marketplace is described as “a centralized repository of enterprise applications offered by Oracle and Oracle partners.”
With DailyPay, Oracle Cloud HCM customers will “have the ability to provide the powerful employee benefit of on-demand pay to their employees, allowing them to access their income as they earn it.”
With choice and control over their earned pay, DailyPay users can “pay bills, spend, save, or invest on their own schedule – not an arbitrarily scheduled payday.”
Research from The Aite Novarica Group reveals “that nearly 9 out of 10 (88%) DailyPay users had less trouble paying bills on time after using the benefit.”
Nancy Estell Zoder, vice president, product strategy, Oracle, said:
“Financial wellness is a key driver of employee satisfaction and retention. DailyPay’s innovative earned wage access solution combined with Oracle Cloud HCM can help organizations enhance their employee experience.”
Kevin Coop, CEO, DailyPay, said:
“We are proud to work with Oracle Cloud HCM customers to help employees feel valued and bring financial equity to their workforces. DailyPay’s participation in Oracle Cloud Marketplace supports our mission to build a new financial system for everyone and enables Oracle Cloud HCM customers to easily reap the benefits of earned wage access.”
Oracle Cloud Marketplace is said to be “a one-stop shop for Oracle customers seeking trusted business applications and services offering unique solutions, including ones that extend Oracle Fusion Cloud Applications.”
As covered, DailyPay, Inc., powered by its technology platform, is on “a mission to build a new financial system for everyone.”
DailyPay delivers on-demand pay solution “with modern, insight-driven pay strategies that help America’s leading employers to activate their workforce and build stronger relationships with their employees, so they feel more engaged, work harder, and stay longer.”