Case Study: Fundamental Administrative Services achieves 22% fewer off‑cycle payments and improved time‑clock compliance with DailyPay

Fundamental Administrative Services Improves Time-Clock Compliance With DailyPay

Fundamental Administrative Services, LLC (FAS) is a back-office payroll provider for about 7,000 employees across 100 health care facilities. Seeking an affordable way to improve time‑clock compliance and employee satisfaction, Fundamental implemented DailyPay’s on‑demand pay solution in December 2017 to avoid costly process changes and better engage employees.

DailyPay’s integration with Fundamental’s systems (PeopleSoft payroll and Kronos timekeeping) encouraged employees to track hours more accurately and reduced payroll corrections, cutting off‑cycle payments by 10% in the second quarter post‑implementation, 19% by the fourth quarter, and 22% after two years. DailyPay users at Fundamental avoided an estimated $3.3 million in interest/overdraft fees, 85% said it helped control finances, enrolled employees stayed an average 62 days longer, new‑hire turnover fell to 8% versus 20% for non‑users (saving nearly $1M), and 65% reported an improved opinion of Fundamental.

Fundamental

MaryAnne Lubertine

Vice President of HRIM