KyckGlobal
KyckGlobal’s platform is designed to integrate with existing payroll systems, making it easy for companies to implement and use. The platform offers a range of features and benefits, including:1. Multiple payment options: KyckGlobal allows payers to offer their payees a variety of payment methods, including Same Day ACH, Debit, PayPal, Stored Value Card, Cash, and even Bitcoin. This flexibility allows payees to choose the payment method that works best for them.2. Segmentation and grouping: Payers can segment their payees into different groups based on various criteria, such as location, job type, or payment frequency. This allows payers to remit payments to different groups of payees at different times, streamlining the payment process.3. Out-of-cycle payments: KyckGlobal enables payees to split and request out-of-cycle payments, providing them with greater flexibility and control over their finances. This feature can be particularly useful for contract workers who may need to be paid for additional work or expenses outside of their regular payment schedule.4. Document storage: The platform includes a document storage feature, allowing payers to securely store and manage important documents related to their contract workforce. This can include tax forms, contracts, and other relevant documents.5. Tax form generation: KyckGlobal can generate tax forms, such as 1099s, for payees, simplifying the tax reporting process for both payers and payees. This can save time and reduce the risk of errors when it comes to tax compliance.6. Payment statements: Payees can access payment statements through the platform, providing them with a clear and transparent view of their payment history. This can help payees track their earnings and ensure they are being paid correctly.Overall, KyckGlobal’s platform offers a comprehensive solution for managing and paying contract workforces. Its flexible payment options, segmentation capabilities, and additional features make it a valuable tool for companies looking to streamline their payment processes and provide a better experience for their contract workers.