What's covered in this guide:
Wagestream Integration Setup
The Wagestream integration is connected from Wagestream's side.
Confirm that all required fields between profiles across both systems are paired as per Wagestream’s requirements.
How Wagestream Integrates with Workforce Payroll
Employee Enrollment:
Employees voluntarily enroll in Wagestream.
Unique Bank Accounts:
Wagestream creates a unique bank account for each employee.
Bank Details Update:
Bank details in Workforce are updated to reflect the Wagestream account.
Worked Hours Sync:
Wagestream pulls worked hours and employee info from Workforce.
Early Wage Access:
Employees can access early wages through the Wagestream app.
Payday Process:
Full wages are processed through Workforce into the Wagestream bank account.
Deduction & Transfer:
Wagestream automatically deducts streamed amounts and sends the remaining funds to employees' personal bank accounts instantly.
FAQs
Is anything from Wagestream reflected on the payslip?
Is anything from Wagestream reflected on the payslip?
No, the payslip remains untouched and is distributed as normal.
What happens if an employee updates their bank details via self-service?
What happens if an employee updates their bank details via self-service?
Wagestream continuously updates the bank details field via the API, so any changes made by the employee will be overwritten.
Does Wagestream interface with HMRC?
Does Wagestream interface with HMRC?
No, Workforce handles all HMRC-related processes as usual.
Do we need to make changes in Workforce for this integration to work with payroll?
Do we need to make changes in Workforce for this integration to work with payroll?
No updates or changes are required. The integration works seamlessly.