Our Product – What Is It
3rd Party Affordability and Deduction Management Platform (ADMP):
- Performs employee affordability evaluation
- Manages deductions PRIOR to them being effected onto the payroll
- Builds trust between Lenders and Borrowers
- Help convert the employee salary/employment into an asset
- We mitigate credit and collection risk for financial service providers
Key Components of the ADMP
- Electronic live platform that is updated every time a transaction is performed
- Registry of all lenders
- Registry of all employers
- Registry of all employees
- Up to date payroll information
- Up to date loan information
Our Product – How It Works
Benefits to the Employer
- Takes away the administrative burden and costs of processing payroll deductions and dealing with third party operators/code holders
- Ensures that employers comply with regulatory requirements regarding minimum take home income for its employees
- Helps employees reduce their level of indebtedness, by being protected from unscrupulous Financial Service Providers and thus contributes to employee well-being
Flexible solution that is future proof at no cost to employer.