Workforce management platform Xemplo has officially announced a partnership with Earlypay, which offers a range of finance solutions to help businesses optimise their cash flow.
The union hopes to address a critical challenge endemic to industries such as labour hire and recruitment – specifically, dependence on fast payment of invoices to ensure timely payments to the workforce. Earlypay’s invoice finance solution allows businesses to access funds based on invoices waiting to be paid.
Effectively, customers can now use Xemplo to streamline timesheet approvals and billing, then access funds quicker through Earlypay. Benefits include reduced time and cost spent on admin, as well as improved cash flow and flexible repayment terms.
Labour hire firm Your Trades is already leveraging this partnership to meet its weekly wage obligations while waiting 30-60 days for client payments. The firm has also transformed its backoffice and removed the administrative burden of following up on timesheet approvals and manually issuing invoices.
“We’ve gained more than just operational efficiency; the integration between Earlypay and Xemplo has provided rapid cash flow and assured compliance. Our relationship with them has been truly invaluable."
– Andy Skyrme, Founder & Director at Your Trades
“Our partnership with solutions like Earlypay reflects our focus on solving more of our customers’ challenges and removing barriers for them to grow and succeed,” said Xemplo COO Scott Leader. “With this specific integration, customers can better meet their financial obligations while accommodating lengthy payment terms.”
Lee Trego, Chief Commercial Officer at Earlypay, said: “Our customers using Xemplo have the added benefit of having timesheets submitted and approved faster, so they can send out invoices earlier and then access funding straight away.”
Xemplo incorporates hiring, onboarding, HR compliance, time & attendance, time to bill, payroll, training, and employee self-service functions. It it's delivered as a SaaS solution and integrates with hundreds of payroll, accounting, invoicing, and HR solutions – including Jobadder, Bullhorn, MYOB, Quickbooks, Sage Intact, Employment Hero, Talenox, Workday, SuccessFactors, Deputy, and of course, Earlypay.
Xemplo enhances the capabilities of any service business, including payroll bureaus, HR and safety consultants, law and accounting firms, as well as training providers. Xemplo is used by customers in Australia, APAC, and the UK.
