Payments and business technology provider Deluxe is integrating its services with digital banking firm Q2 Holdings, the company announced in a news release Tuesday (Feb. 8).
The integration will see Deluxe offer human resources and payroll solution within Q2’s Partner Marketplace Program, “enabling financial institutions to seamlessly provide these solutions to their clients, while generating recurring revenue and increasing customer retention.”
Deluxe says the Q2 Partner Marketplace lets financial service companies offer applications to their consumer and small business clients, including tools to automate payroll, tax payments, hiring and onboarding, time management and benefits administration within one platform.
“Deluxe HR & Payroll Solutions provides time-starved small business owners an all-in-one resource to make human resource and payroll functions easier,” explained Michael Reed, president of payments for Deluxe.
“Using the latest HR technology software to generate a seamless experience, we’re giving small businesses the ability to streamline and modernize their once complicated processes and systems. This is another step forward in the Deluxe strategy to provide digital solutions to our small business customers, and to our Financial Institution customers as well,” Reed said.
Read more: Deluxe Pairs With Microsoft To Provide SMB Management Tools
With the Q2 Partner Marketplace, financial institutions can provide their customers single sign-on access to Deluxe HR & Payroll Solutions, helping companies with 1 to 100 employees choose from multiple package options and a la carte add-ons to customize services.
“The Q2 Platform with Innovation Studio empowers companies to control their innovation roadmap and deliver new applications, services and experiences faster,” said Johnny Ola, general manager of Q2’s Innovation Studio. “We are excited to add Deluxe to the Q2 Partner Marketplace and make their solutions available to our customers and their account holders.”
Last year, Deluxe joined forces with Microsoft to make its payroll, accounting and human resources offerings available to users of Microsoft’s Dynamics 365 Business Central business management suite.
See also: Digital Banking Company Q2 Joins Forces With Plaid to Bolster Banking Capabilities
And in September of 2021, Q2 and financial services company Plaid announced a collaboration to improve the digital banking experience for customers at small banks and credit unions.
The effort saw Q2 integrating into the Plaid Exchange platform, giving Q2’s 500 customers “zero-lift” access to the Plaid network.
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