Tip Network - Manage Tips Without Cash

In conjunction with a paycard, Tip Network™ allows you to track employees’ tips and distribute them electronically at the end of an employee’s shift. Whether you track tips on the back of a napkin or through your POS, Tip Network has a solution that fits with your operations. Tip Network minimizes time and monetary costs and eliminates manual calculation errors in managing tips.

Benefits for employers:

• Increased cash flow – No prefunding required.* Funds are not deducted from the employers account until 2 to 4 days later.
• Cash management – Eliminate trips to the bank during business hours to get cash for tip distribution and petty cash reimbursement.
• Reimbursements - Pay mileage and other reimbursements along with the tips onto a single paycard. Great for pizza delivery establishments!
• Corporate dashboard – Gain insight into your business with a central dashboard that shows earnings, payouts across locations, standard and custom reports, and centralized notifications that display issues across the enterprise.

Benefits for employees:

• Safer money handling – Tips can be placed on a paycard at the end of each shift, reducing the risk of tip theft and loss.
• Time management – Funds are available on a paycard, which eliminates waiting after hours for tip-out and the need to deposit cash into bank accounts.
• Reduce administrative burden – Employees do not need to track their tips on paper.
• Employee dashboard – Employees have access to personalized dashboards showing all data for shifts worked. Information includes tip earnings based on date range, income comparison for the previous two weeks, hours reported, and forecast of upcoming earnings.