Pros
- INTERAC provides electronic access to oneβs personal information allowing employees to manage their financial affairs without the assistance of a human resources department.
- INTERAC gives employees access to timely pay by making direct deposit mandatory.
Cons
- There are a few glitches here and there but nothing that is really noticeable.
- Employees are not given direct control over the funds deposited into their account and therefore cannot easily monitor the spending habits of those funds.
- Not sure if INTERAC does what they claim to do.