Even in normal circumstances, HR and Payroll teams can spend countless hours responding to Verification of Employment (VOE) and income requests for employees trying to secure credit and mortgages. Current conditions have exacerbated the situation. More employees are applying for credit to reduce their current spend or subsidize loss of income, while at the same time, some internal HR and Payroll resources have been eliminated or have been focused on COVID-19 specific initiatives.
As a result of the CARES Act, new tax credits have been implemented to support organizations as they maintain their workforce and bring them back into the workplace.
EBI and our partners at Quentelle can help alleviate the burden of managing VOE and income requests, as well as help you apply for tax credits you may not know are available. Watch this 30-minute webinar recording to learn more about VOE automation and its analytics capabilities, as well as to gain insight into the tax credits your organization can engage.