What is smart vouchering?
It is a solution which allows the employer to distribute employee gifts and prizes, pay once-off bonuses and make any “out of payroll cycle” immediate payments to employees. This can be facilitated via an SMS Cash voucher or a Direct Bank Payment. The process is as below:
Smart Vouchering is only available to employees that are registered on the Kaelo Money system. This allows us to validate that the employees are indeed those that are intended to receive the vouchers. The benefit of Smart Vouchering is that is removes the administration of the out of payroll cycle payments as well as the fact the amounts received are tangible and personalised.