Compare Payflow vs Wagestream
Customers evaluate the quality of Payflow's products using the following success metrics.
Payflow is 4 yrs old and is based in Spain.
Payflow operates as an employee benefit financial platform. It allows employees to collect a portion of their salary corresponding to how much they have worked, through a mobile application. The company was founded in 2020 and is based in Madrid, Spain.
Wagestream is 6 yrs old and is based in United Kingdom.
Wagestream operates as an employee financial wellness platform. It allows workers to access earned income at any time during the monthly pay cycle without impacting cash flow, payroll, or timekeeping processes. It was formerly known as Paydays Technology. The company was founded in 2018 and is based in London, United Kingdom.
Why Payflow beats Wagestream
Why Wagestream beats Payflow
- Download rate & Transactions
- Improved employee experience & Employer branding
- Talent attraction & retention of staff
- Wellbeing survey score improvement and stress reduction (Employees)
- Retention %change, or recruitment speed %increase, or shift fulfilment %increase (Employer)
- Reduced reliance on predatory forms of credit and financial advice (Employees)
Earned Wage Access - Employees get to collect their salary on demand through the mobile app, in a free and immediate way.
Payflow works with 4 known companies.
Wagestream works with 4 known companies.
Why They Buy
Retailers across Australia are facing a hiring market that has never been experienced before; one that is challenging both recruitment and retention. Nationwide staff shortages represent one of the largest challenges facing Australian retailers today. "Adjacent to this is rising living costs, with the price of everyday essential items such as petrol, energy, and groceries all soaring in a rather short period of time. As an employer, we are in a position to make a real difference by supporting our employees through these challenges. "In the last six months we have introduced an array of benefits, partnerships, and health and wellbeing programmes to further improve our employee value proposition. The partnership with Wagestream extends this proposition by helping our staff get back the peace of mind that financial wellbeing can engender.
News & Analysis
Payflow has been mentioned in our research 1 time.
Wagestream has been mentioned in our research 1 time.
Track startups and capture company information and workflow.
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Excludes US-based companies
ESP Rankings position vendors based on their resources and execution.
Wagestream is a Leader in Payroll software
The payroll software market offers a range of solutions for businesses to manage their payroll, HR, and employee benefits. These solutions aim to simplify the complex task of paying employees while ensuring compliance with tax laws and regulations. The market includes vendors that offer all-in-one HR platforms, earned wage access technology, unified payroll solutions for global companies, and APIs for payroll integrations. With the increasing demand for faster payments and financial wellness benefits, the payroll software market is continuously evolving to meet the needs of businesses and their employees.