Case Study: Saveday cuts onboarding time from 5 hours to 15 minutes with Finch

SaveDay cuts onboarding time from 5 hours to 15 minutes with Finch

SaveDay, a zero-employer cost 401(k) provider, faced significant challenges with inefficient and error-prone manual processes for onboarding new clients and processing payroll data. Their goal to reduce friction for employers was hindered by time-consuming operations that were costly and difficult to keep compliant. To solve this, they implemented Finch's Unified Employment API.

By integrating with Finch, SaveDay automated its connections to 40 different payroll providers. This solution drastically reduced its standard client onboarding time from 5 hours to just 15 minutes and cut payroll processing time from 2 hours to nearly instantaneous. These efficiencies, provided by Finch, saved SaveDay a ton of money, made their business model profitable, and significantly reduced compliance issues.

SaveDay