Financial uncertainty is difficult on employees, and leads to higher costs and reduced efficiencies as companies struggle with a stressed and distracted workforce. In fact, 60% of employers report that financial stress affects their employees' ability to focus at work and 65% of people think employers should do more to address financial insecurity.

As we evaluated the problem we asked “why do employers pay their employees every 2 weeks” and “who decided that this would work for everybody?” As we know, the world has changed and the way we work has changed… yet, the way we pay our people has not.

Traditional payroll providers force companies to pay their employees in arrears, often many weeks after the actual day worked. This archaic approach to pay adds unnecessary work and complicates the payroll process. As a result, employees suffer the payday effect where they are cash rich on payday but cash poor many days before.

Rivvi helps workers by empowering them to take contr...
Financial uncertainty is difficult on employees, and leads to higher costs and reduced efficiencies as companies struggle with a stressed and distracted workforce. In fact, 60% of employers report that financial stress affects their employees' ability to focus at work and 65% of people think employers should do more to address financial insecurity.

As we evaluated the problem we asked “why do employers pay their employees every 2 weeks” and “who decided that this would work for everybody?” As we know, the world has changed and the way we work has changed… yet, the way we pay our people has not.

Traditional payroll providers force companies to pay their employees in arrears, often many weeks after the actual day worked. This archaic approach to pay adds unnecessary work and complicates the payroll process. As a result, employees suffer the payday effect where they are cash rich on payday but cash poor many days before.

Rivvi helps workers by empowering them to take control of their personal finances through faster pay. Our real-time payroll calculation engine allows businesses to offer flexible payroll to their people so they can choose how fast they get paid, based on their own personal requirements. Through our digital banking platform, we push money to workers instantly and allow them to better understand and manage their finances.

Rivvi’s flexible payroll platform enables businesses to do the right thing for their employees, improve employer-employee goodwill, and achieve better financial wellness together. By increasing the velocity of pay, Rivvi helps to improve worker cash flow, thereby reducing their reliance on payday loans, high-interest credit cards, penalties and overdraft fees.

Implementing the Rivvi flexible payroll platform, businesses can increase worker loyalty, reduce turnover and related acquisition costs, and attract new employees while capturing improved operational efficiencies. Each of these benefits can positively impact the businesses bottom line.
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Falls Fintech
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Arshad Merali
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Arshad Merali CEO Executive with over 30 years of experience building enterprise-class businesses. Passionate about using technology to solve complex problems