Rain is an on-demand pay provider, offering earned wage access to employees of mid-market + enterprise employers. No more waiting two weeks for payday! The benefit is free for the employer. Employees pay a per-transaction, ATM-style fee (ask about our free option). Rain also offers additional financial literacy and financial wellness benefits, like access to a live financial coach and discounts on other benefits (Rx, dental, etc.).
I love that it's easy to set up my payroll each month with this software. It takes some time getting used to but once you do it becomes very simple. There are so many features in Rain that can be customized by your organization. You have complete control over what information gets sent out as well as who receives those notifications.
If there was anything i disliked it would be how long it took me to get started using the system. Once we got into it though everything fell into place quickly…
Pros
The customer service is always quick, responsive & helpful
Easy interface for new users ability keep track easily when employees change jobs.
Ability make changes/updates without any downtime during business hours
One of the great things about rain is that you can get the money to your bank account as soon as the next business day. It gives me the flexibility to use my money on a more regular basis and not be so afraid of what it will do when payday comes around. I wish I could make payments to my billers via rain. Currently I have to pay via an online bank transfer, which is inconvenient. It would be great to be able to make payments to my billers via the app. I wish it was easier to split payments with
Pros
Ease
The ease in making deposits into our personal accounts
Flexibility
Also provides for easy budgeting!
Reliability & Trustworthy service
We trust BofA because they are reliable& trustworthy.
They also provide excellent customer support services at any time through phone calls/emails etc
I enjoy that it's quick as you go when there are funds available. They get paid fast too which makes me happy since my rent needs have risen over time but not enough where i need assistance from friends or family so this has been great. Sometimes they don't send payments out quite timely after being put in pending status however once payment does come through all goes smoothly without issues even if its sometimes few days late. It helps keep steady income with less worry at times especially…
Pros
Also how much more readily accessible than other places like banks! Easy access via phone / computer !!!
Cons
Some things take longer (3 5 business day) then expected