Knowing that your employees are utilising the benefit and that it is having the desired impact is key, not just from the perspective of the Kaelo Money solution, but in understanding what your employee base looks like in terms of financial stress and indebtedness.

As such, Kaelo Money has created a live dashboard that employers can access directly through the platform.

In this dashboard, the employer will see the below:

Within this dashboard you will be able to see:

• Uptake rates of employees as well as utilisation trends across the Emergency Wallet and Earned Wage Access platforms.

• The loan shark exposure of your base given by the employees with low and very low credit scores, who do not qualify for credit.
• The relative savings that employees experience using Kaelo Money versus loan sharks and unsecured regulated providers.
• Employees’ loan trends as it pertains to amounts and term

Earned Wage access trends: The amounts accessed per month on average, the savings experiences using earned wage access, as well as the distribution method trends alluding to the avoidance/acceptance of having money deposited directly into their bank account.

Demographic information of the users from your employee base. This is in terms of gender, age and the reasons why staff members are requiring credit.

Financial wellness driver trends: Measuring how many people are sitting in each rewards status through their engagement with the financial wellness tools. If activated, you will be able to see the number of employees identified in a perpetual lending pattern and those that have recovered from it after being driven to the financial coaching they required.

Utilisation trends in Kaelo Moneys marketplace, the number of airtime and data, utilities, and transport etc. vouchers that employees are accessing as well as the amounts that are accessed per month.

Through this dashboard, you will have full visibility of your employee base and where Kaelo Money is helping them.