Leap² Innovation Challenge on Fintech - winner of the pitch competition. Theme: Fintech.
According to a 2016 FinAccess Household Survey by FSD Kenya, 95% casual labourers receive payments in cash & have no access to financial services. TozzaPlus has a solution to streamline these payouts to the labourers in an easier, faster and cheaper way.
TozzaPlus payouts provides a tool to businesses to digitize their payments to employees and suppliers. Using TozzaPlus payouts, one can make Payments without daily limits in single or bulk to mobile wallets & bank accounts, with instant delivery, 24 hours a day.
Since the system is fully integrated, one is able to keep track of expenditure against GL categories, branches, jobs or projects and view data in tables& graphs into the accounting system (TozzaPlus Accounts).
TozzaPlus Payroll is integrated to their payouts and in addition to traditional payroll features (payslips, statutory reports-NHIF,NSSF,PAYEE, reports), their platform offers automatic payments to employees' Mobile wallets and bank accounts.