Product updates

We have made several changes to processing timing and statuses for payrolls that are funded by wire:

1. The approval deadline for all payrolls funded by wire is now 4pm ET on payday, updated from 5pm ET the day before payday. This allows you the ability to create and approve payrolls with same-day payments if they are funded via wire. Note: if a wire payment is received by 5pm ET the day before payday, payments settle in employees’ bank accounts on the morning of payday; otherwise, they will settle by 6pm ET on payday.

2. Payrolls funded by wire will remain in a “pending” status until the wire is received, rather than transition immediately into “processing.” This means they can be reopened until the wire is received.

3. Payrolls funded by wire will move to a “failed” status if the wire is not received by the approval deadline. This does not create a failed funding strike for the employer, but will prevent the approval of additional payrolls until the payroll is funded or voided.

4. An updated fund by wire modal allows you to select a payday for payrolls funded by wire before approving payrolls.

These changes offer partners and employers greater flexibility and clarity when processing payrolls funded by wire. For more information about funding payrolls by wire, refer to our Fund by Wire guide.

The Workers' Comp feed included irrelevant 1099 payments. 1099 data is now excluded. Affected employers will reconcile normally at annual true-up.

When a partner created an integration with NEXT directly, policy_purchased status wasn't always updated, causing missed payrolls. Now, NEXT alerts Support when policies finalize and we push status to purchased immediately. New policies should move to purchased within 24 hours.

In the past, Employers who went directly to NEXT for their integration couldn’t grant data-sharing consent. With this fix, support can record consent from email threads and the integration activates instantly. Please copy Support on any offline-lead threads so we can log consent and flip the switch.