Tozzaplus has rebranded to WorkPay Africa in a move that will see it enable businesses not only manage their employees but be able to pay them on time via its new SME overdraft facility.
According to its CEO, Paul Kimani, speaking about the firm’s system upgrade and expansion plans, “We needed a name that resonated with our mission of helping businesses to manage and pay their employees on time”.
WorkPay has also been selected to pitch at the Oslo Innovation Week after its impressive pitch at the Pangea Accelerator Demo Day. Launched two years ago as Tozzaplus, the firm had its main goal to simplify invoicing, client relations, payroll and accounting for SMEs in the Kenyan market. Tozzaplus had three modules include Accounting, Payroll and CRM. TozzaPlus Accounting software took care of users invoices. It could create them, calculate taxes automatically and receive payments via MPESA, Equitel, PayPal and credit cards.
Users could also track their expenses by scanning their receipts and storing the data in the cloud at no extra cost. TozzaPlus could generate reports for all sorts of transactions such as profit and loss reports, spending reports, expense reports, sales tax reports plus invoice detail reports among others.
TozzaPlus Payroll was for pay slips which dould accommodate all kinds of payment schedules, either hourly, weekly, bi-weekly, monthly, semi-monthly and so forth. Statutory deductions such as NHIF, HELB and taxes were accounted for as well as modes of salary payment either by bank or via mobile money.
TozzaPlus CRM was in charge of customer relations giving users the ability to monitor the progress of their team with real-time, minute-to-minute reports, flow charts and insights to help you make informed business decisions..
WorkPay now aims to change the way businesses in Africa manage and pay their employees with its cloud-based employee management solution for Time Tracking, Human Resource Management (HRM) and Payroll Management with bulk salary payments to employees’ bank accounts or mobile wallets.
WorkPay also offers a B2B salary financing facility for existing clients to enable them to pay their employees on time. The clients can then pay the facility within one month easing the cash flow burden for salary payments at the end of the month. The WorkPay clients’ employees can also access affordable salary advances and salary-based loans via the WorkPay Employee Self Service Portal available via web and mobile platforms.