In addition to our Payroll Administration services, our client partners can take advantage of Matrix HR Payroll Funding solutions. Payroll funding is a financing option that enables business owners of any size and within any sector to secure the necessary funds to sustain their operations during times of cash flow uncertainty or slowdown. This solution provides working capital with payment terms of 15-60 days, subject to approval of credit. Keeping up with scheduled payroll obligations for your employees is a central responsibility for every business owner. Ensure your business is complying with your jurisdiction's employment laws regarding salary by paying your staff the full amount they're due, and doing so on time with Payroll Funding services from Matrix.
Even when your company is thriving and growing, you may experience situations where meeting your payroll obligations is challenging. Here are some common scenarios:
Matrix HR’s Payroll Funding service is simple. Outsource your payroll processes to us and we take care of the financing, administration, and processing of your regular payroll obligations. Then, you have 15-60 days to reimburse us (OAC — exceptions apply). This allows your business to optimize its cash flow with every pay cycle so your operations can carry forward as planned. We take the weight off your shoulders when it comes to ensuring all employee salaries are paid out electronically, in full, on time, every time. This allows your employees to sharply focus on their job responsibilities knowing they can rely on stable income.
Matrix strives to be the first-choice provider of skilled, experienced, and resilient workforce resources for industries across Canada, North America, and around the globe. We aim to connect top talent and exceptional employers. We prioritize training and education, safe and healthy workplaces, and respectful and responsible relationships. Because of the values we uphold, Matrix has earned extensive recognition and accreditations that speak to our capabilities, competency, and track record.
Are you an employer seeking tailored, effective, affordable, and scalable staffing and back office workforce solutions?
Are you a job seeker looking for an opportunity to advance your skills, leverage your experience, and reach new career goals with your industry’s top employers?
Contact the expert recruiting and staffing solutions team at Matrix and let us help you connect with each other. We’ll take the next step together!
Matrix HR delivers effective and completely customized labour and human resources solutions for companies in numerous sectors across North America with two distinct blueprints to activate peak efficiencies. Learn more about how our proprietary strategies can connect you with your industry’s top talent and streamline your HR operations so that your company’s potential is optimized.
Matrix HR delivers industry-specific and customized staffing and human resources solutions across a spectrum of sectors. Our solutions work thanks, in part, to our in depth knowledge and our decades of industry experience as employees and recruiting experts. We bring a unique perspective that means that Matrix HR staffing and managed services strategies are a win, win, win for everyone involved.
Matrix HR is a trusted provider of staffing services for businesses across Canada, the US, and around the world. We specialize in recruitment and staffing, payroll administration and funding, and back-office facilitation with strategies like Employment of Record (EOR). To build a skilled and resilient workforce and streamline operations with effective HR solutions, connect with our team today.
In the spirit of reconciliation, we acknowledge that we work on the traditional territories of the Blackfoot Confederacy (Siksika, Kainai, Piikani), the Tsuut'ina, the Îyâxe Nakoda Nations, the Métis Nation (Region 3), and all people who make their homes in the Treaty 7 region of Southern Alberta.
