Overview of Cycle by DailyPay

Cycle is a digital solution for off-cycle payments like payroll corrections and termination pay. It eliminates the need for expensive paper checks and overnight mailing.

Multi-Billing for Complex Operations 

For organizations managing multiple payroll entities, Cycle now supports Multi-Billing Account (MBA) automation. This allows you to map specific Pay Groups to specific bank accounts, ensuring your DailyPay repayments align perfectly with your internal accounting and general ledger practices.

Key Benefits:

• Accounting Accuracy: Allot funds from the correct business units automatically.
• Operational Speed: Move from manual invoicing to automated, pay-group-based billing.
• Employee Satisfaction: Provide immediate relief for payroll errors without the wait of a traditional check.

Pay user information; no additional installation or implementation is required.

For an overview of the product as a whole, please see the attached PDF.