Sila

Sila is an end-to-end payment platform that provides Banking-as-a-Service through a developer-friendly payment API that is scalable and allows for fast and secure money transfers. Sila’s payment platform streamlines building and launching fintech apps and embedded payment products for financial products, fintech, crypto, and Web3. Sila’s offerings include Virtual Accounts, Digital Wallets, KYC/KYB, and ACH payments APIs for software teams. Additional functionality is available through a network of pre-approved and pre-integrated partners (to different degrees). Sila was recognized as the Best Payments as a Service Platform by the 2022 Embedded Banking Awards of Tearsheet. Sila is headquartered in Portland, Oregon.

The software made available by the Silae company stands out as a productive tool, making it possible to double the production of newsletters per month per employee. Silae relies on several strengths to ensure intensive production and assert itself as a highly competitive solution. Depending on the collaborative mode defined between the firms and the companies, the client can be in charge of part of the payroll cycle by entering the activity and the variable elements of the employees directly into the product. The employee can then check the pay slips and complete the payroll cycle. A collaborative portal also allows employees to connect to a dedicated space in order to enter their leave requests, their expense reports and to view/download their reports. This automation frees the employee from the tasks of calculating, providing or sending bulletins, sending accounting entries and payment statements, archiving bulletins and editions, calculating and sending declarations.