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Average Ratings 0 Ratings
Description
Hyperform, our Disruptive compensation Automation solution, can reduce pay-out cycles by as much as 87%. Financial institutions need to be able to efficiently administer, calculate, analyze, and report incentive compensation programs. This will help reduce errors and overpayments to employees and business partners. Before releasing policies, policy modeling platform allows you to design and test policies. Real-time computation of complex calculations in real time across both the internal and external sales networks. Multiple data source integration (CRM, billing, POS, DW, etc.) Integration with payment platforms. Automated invoice generation after payout approval. Upload physical or digital invoices. Payout dashboard with key performance indicators that provide critical business insight.
Description
Verituity revolutionizes the concept of payouts by transforming them into valuable assets, offering timely and verified payments along with smart payment options, while simultaneously minimizing complexities, risks, and expenses. Our platform, built on a zero trust verification model, allows both banks and businesses to enjoy the benefits of secure digital payouts without needing a hefty investment in resources. This innovative solution enhances the speed, accuracy, and transparency of payouts, providing intelligent payment alternatives that further streamline processes and mitigate risks and costs. With Verituity's approach, payments are processed accurately the first time, ensuring the right recipient and account are targeted, which significantly decreases instances of fraud and errors while bolstering compliance with PII, PCI, and security standards. Additionally, our platform features dynamic policy automation and orchestration, enabling seamless execution of payout instructions and processing, thus ensuring a smooth experience for all stakeholders involved. This comprehensive system not only enhances operational efficiency but also fosters trust and reliability in financial transactions.
API Access
Has API
API Access
Has API
Integrations
PayPal
Visa Click to Pay
Zelle
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Act21 Software
Country
United States
Website
www.act21.io/compensation-automation/
Vendor Details
Company Name
Verituity
Founded
2020
Country
United States
Website
verituity.com
Product Features
Compensation Management
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning