Advans La Fayette Microfinance Bank has launched of its payroll service for small and medium enterprises (SMEs).

Advans Payroll focuses on servicing the payroll needs of SME business owners which includes directly depositing funds, bonuses, and ensuring that their employees are paid promptly. The service is available to all existing and prospective Advans Nigeria SME clients.

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Speaking at the launching ceremony, Head of Business Development, Advans Nigeria, Olawale Raheem stated that the new payroll service has been designed to suit the payroll requests of each client.

According to him, SMEs no longer need to pay their employees in cash as they can onboard on the Advans Payroll Service by visiting the nearest branch of Advans La Fayette Microfinance Bank or through online channels.

Managing Director, Advans Nigeria, Gaetan Debuchy noted that Advans Payroll Service was the latest addition to the group’s growing list of SME products.

“It is very important to us as it allows our SME clients save valuable time and personnel resources, giving them more time to focus on growing the business and generating more profit,” Debuchy said.