Paychex says it will introduced Pay-on-Demand by the end of 2019 and real-time payments early in 2020. Those are among new services the payroll services company said this week it will introduce soon.

 Pay-on-demand enables customers to allow employees to request access to a portion of earned pay before the scheduled pay date and, with employer approval, funds will be deposited into a third-party account.

Early next year, Paychex customers will be able to deposit wages directly into employees’ bank accounts through a real-time payment network rail. In addition, Paychex Flex Time users can now track time worked via smartwatches. Also, Flex users now have access to a chatbot, Paychex Flex Assistant, which can provide help with completing a task within Flex. Finally, the company will provide access to a variety of office applications next year through Paychex Integrations.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Last modified on Tuesday, 01 October 2019
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