Last week, Branch announced the launch of our Employer Payments Platform (EPP), a way to help businesses offer accelerated pay and digital banking to workers. Today, we’re thrilled to officially welcome one of our newest partners, Restaurant Accounting Services Inc (RASI, formerly RSI) to our EPP network. RASI will leverage the Branch EPP to better serve its restaurant customers all across the country by helping them deliver faster payments and financial solutions to their employees.
RASI has long been a leading software provider in the restaurant industry. Through accounting expertise, RASI provides a cost-effective restaurant management system and service for smaller independent restaurants, quick service franchises (QSR), and larger single and multi-unit concepts for solutions to not only survive but thrive.
Benefits for Business Customers + Employees
With Branch, RASI business customers will be able to move money faster and accelerate payday for their employees. By integrating directly with RASI, the Branch EPP will enable RASI customers to leave paper checks and paycards in the past, creating an immediate cost savings. Additionally, the Branch + RASI integration speeds up the payroll process and allows employees to receive their pay up to two days early—without restaurant owners needing to make changes to their existing process.
For employees, receiving pay faster can be crucial to get out of debt or become more financially stable. And organizations can see operational efficiencies, too. These not only include cost-savings on checks and paycards, but seeing improved hiring, higher employee satisfaction, and better retention as well.
“RASI is incredibly excited to launch our partnership with Branch. Our customers are seeing a greater need to not only get employees paid faster, but also remove the costs of live checks.” said Dan Jacobs, COO at RASI. “With the Branch Employer Payments Platform, there is finally a way that’s easy, integrated, and best of all, free.”
Faster payments for employees and fewer payroll headaches for employers creates a win-win for restaurants, and a way for partners like RASI to provide a turnkey offering to the businesses they serve.