Payroll isn’t what it used to be. Contractors are an essential and growing ‘talent halo’ for most employers. Smooth, accurate payment and recordkeeping is essential to building long-term relationships with valuable contract talent. Meanwhile, some employees would rather be paid immediately – ‘daily-pay’ – instead of manage their personal finances according to the traditional pay schedule. And sometimes you have to pay a new, exiting or regular employee off-cycle.
KyckGlobal is the solution for the one-off situations that happen all the time. Here’s how it works.
Assess & Analyze
First, analyze your payroll ‘exceptions’ to see how much time, attention and bother it takes to handle 1099, daily-pay and off-cycle payments.
Prioritize & Plan
Decide what options for payment are most important to both your contractors and employees and your own internal financial processes, so you can offer the most mutually convenient options from the KyckGlobal menu of payment services.
Set It In Action
Set up your preferences in KyckGlobal’s dashboard. Once your controls are established, the KyckGlobal platform will automatically generate records, reports and IRS-required documents. You won’t have to chase down paperwork and neither will your 1099 talent.
Let It Work
Onboard new contractors and manage daily-pay and off-cycle employee payments through KyckGlobal for smooth, reliable, documented disbursements.
Monitor & Review
Secure, fast and flexible: the KyckGlobal platform lets you handle the exceptions without diverting attention or resources from the normal flow of payroll and related compliance.