How businesses are using the Wise onboarding system to save time and money

11 March, 2022

Wise provides innovative technology to companies that use drivers in their day-to-day operations – to save time, money, and grow their businesses. Working closely with over 250 UK logistics firms has allowed us to understand the issues that typically arise around engaging a large workforce as well as allowing us to understand how these can be eased with innovation.

Our digital platform is already being used by hundreds of businesses to:

  1. Streamline Onboarding Process / Interview Scheduling Tool

With Wise, you can add new individuals to the system in seconds. You will be able to manage your recruitment process efficiently as users are required to upload all evidence and sign documents electronically using our handy mobile app (available to download from the App Store and Google Play here). Through the Wise Platform, you can easily track each onboarding process every step of the way.

You will also have a clear view of your workweek by receiving an overview of any approaching interviews and progress made by applicants in the Wise app.

  1. Control Compliance / Digital Document Storage

Our specialist team of in-house compliance experts are available to offer tax advice & support and are always on top of the most recent changes and updates to guidelines or legislation. All documents from the onboarding process are required to be electronically signed and are automatically stored in the Wise platform to download if needed into an audit pack.

The Wise technology provides unlimited document storage – you can never run out of space! You no longer need to pay for third party software such as DocuSign or Dropbox.

Users will be given Unique Tax Reference (UTR) number (a 10-digit number completely unique to each and every UK taxpayer) through our recommended digital accountant, Beamin’, giving you the confidence that your workforce will be covered from an HMRC perspective and there will be no nasty surprises from the taxman. 

  1. Workforce Management System

By using Wise, you will have access to a dashboard that keeps you up-to-date and informed on your active drivers as well as the pipeline of potential new applicants coming into your business. 

Not only this, but you can also do the following with Wise’s onboarding technology:

  • Customise user onboarding journeys based on specific requirements by defining steps, tasks, documents, and evidence.
  • Define roles for every workforce member, whether self-employed or employed, allowing for the collection of specific evidence.
  • Get notified when users documents are about to expire ensuring continued compliance through our Expiry Hub!
  1. Compliance

Through the Wise Platform you can safeguard your business against legal complications, prevent penalties, and ensure compliance – at no extra cost!

  • Contract for services review – Upon new client onboarding, our compliance team reviews and enhances existing contracts or creates tailored, compliant contracts.
  • Avoid legal action – Wise’s compliance team, coupled with our document storage feature, has saved clients thousands of pounds by assisting in winning status arguments.
  • SLA auto re-sign – Wise prompts users every ten months to re-sign their SLA, acting as a self-employment reminder and discouraging claims to employment rights.
  • Downloadable audit packs – Wise streamlines driver onboarding by collecting documents digitally, ensuring quick access for audits or requests from carriers or HMRC.
  • Policy/contract Updates – If you need an updated contract or policy signed, you can send notifications directly through to the Wise app for your users to sign.
  1. Maximise your driver’s income 

Our recommended digital accountant, Beamin’ helping your workforce take home more money. They make tax clear, simple and rewarding.

  1. Payment Technology 

There is no need to stress on payday, submit information, make changes and hold payments – save 10 hours per week when paying your workforce!

  • Flexible payment management – Tailor invoicing, set default rates, input payments, and efficiently manage real-time driver payments, minimising weekly billing admin.
  • Reduce admin time – Pay all users in bulk using our simplified approach, reducing admin time and ensuring accurate, on-time payments for all drivers.
  • Easy invoice management – Effortlessly download all invoices with Wise, avoiding email searches and simplifying accurate driver payments.
  • Hold payments – Manage vehicle damages and fines’ costs effectively with the payment functionality, enabling you to hold and edit workers’ pay until the day before the payment is processed.
  1. Wise App

Your workforce can take charge of their finances by checking upcoming payments and making any queries digitally within the app!

Wise will also offer all users off the app access to a whole suite of perks free of charge!

  • Digital GP – We offer a digital GP service through a trusted partner – appointments available in as little as 30 minutes!
  • Van Assist – 24/7 roadside assistance and a like-for-like vehicle replacement within 2 hours for non-fault accidents.
  • Wellbeing – Support the mental health of your workforce with on-demand access to trained counsellors, extended to family and friends.
  • Savings – Discounts and cashback at over 900 retailers – including supermarkets, coffee shops, high-street retailers and more.

Coming soon…

We are constantly looking at ways to improve our system, to further help you save time and money! Make sure to look out for functionalities coming soon:

If you are interested in learning more about Wise, speak to a Wise expert here to find out how we can help your business. 

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