Early Pay Access for Workers
DailyPay has teamed up with WorkJam to deliver “financial wellness and flexibility” to employees. WorkJam said by embedding DailyPay’s EWA (earned wage access) solution into its platform, employers “will be able to leverage DailyPay’s award-winning platform to strengthen their relationships with employees, boosting satisfaction and reducing turnover.”
EWA is also known as early pay, on-demand pay and instant pay. It is a financial service that allows workers to access a part of their earned wages before their regular payday.
Stacy Greiner, chief executive officer of DailyPay, said the partnership with WorkJam “speaks to our commitment to empowering daily workers with the tools that enable them to be great at their jobs. Our employer-sponsored earned wage access solution is a win-win for both workers and employers, who are consistently challenged with retaining top talent.”
Greiner said research from the Hanover Group revealed that 95 percent of companies offering as EWA solution “believe it has a positive impact on employee retention.”
“Partnering with DailyPay is a natural extension of WorkJam’s mission to empower frontline workers with the tools and flexibility they need to succeed,” said Steve Kramer, CEO of WorkJam. “By integrating DailyPay’s earned wage access solution into our platform, we’re not only enhancing the employee experience but also enabling businesses to drive greater engagement and retention. This collaboration will help companies create a more connected, motivated workforce while simplifying how employees manage their earnings and time.”
Making Multi-channel Selling, Easier
ChannelEngine, the marketplace integration and operation software provider, said its platform is now available on the SAP Store, which is the online marketplace for SAP and partner solutions.
SAP said the new integration with its SAP Order Management Foundation (OMF) “not only enables efficient order and inventory management for marketplace selling but also leverages advanced AI capabilities to optimize multichannel operations.
Heather Hershey, research director of Worldwide Digital Commerce at IDC, said integrating order management systems with marketplace platforms “is critical to maintaining agility in an increasingly fragmented e-commerce environment. By aligning inventory management and marketplace connectivity, businesses can expand their global reach while streamlining operations, ultimately enhancing their ability to scale efficiently.”
SAP also said the integration also includes SAP OMS, which allows customers to synchronize inventory automatically, receive incoming orders, update shipments, and manage cancellations across 950 marketplaces, social commerce and other third-party sales channels. The integration makes it easier to manage multiple online sales channels. More integration is on the way.
“Looking ahead, ChannelEngine is set to enhance its integration further by supporting SAP Order Management Sourcing Availability (OMSA). SAP OMSA, also part of SAP OMS, will enable sellers to provide real-time stock visibility data, improving inventory accuracy and availability across marketplaces,” SAP said in a statement. “AI-Driven Business Optimization ChannelEngine’s AI-powered tools streamline the complex task of category and content mapping between the SAP Cloud Platform companies’ taxonomy and marketplace taxonomies.”
As a result, AI-enabled automation makes life easier because it removes much of the manual labor — which speeds up time-to-market. And this allows retailers and brands to focus on reaching new marketplaces and selling opportunities.
SAP also said ChannelEngine is also looking at the potential integration with SAP Omnichannel Pricing Promotion Service (OPPS). “This would allow sellers to seamlessly transfer and manage pricing and promotion data, keeping their offerings competitive across multiple channels, the company said.
“Our direct integration with SAP OMS enables users to activate new sales channels and reach global markets seamlessly,” said Jorrit Steinz, CEO of ChannelEngine. “By embedding AI-driven automation, we simplify global e-commerce, allowing merchants to capitalize on the built-in trust and reach of leading marketplaces while optimizing their operations at scale.”
Ritu Bhargava, president and chief product officer of SAP Industries & Customer Experience, said with the company’s SAP Order Management Services, integrated seamlessly with ChannelEngine, “customers can now sell everywhere, supercharging their unified commerce strategy. With this partnership, SAP is creating a seamless connection between any order channel and a customer’s supply chain and finance processes.”
Bhargava said SAP firmly believes that its unified commerce approach with ChannelEngine “will help customers optimize the end-to-end global complexity of commerce and unlock profitable growth with incredibly fast time to market with new channel expansions.”