Direct Deposit Switching
Manual direct deposit updates are among the most error-prone, time-consuming tasks in payroll. When employees rely on paper forms or mistype account details, the result is missed paychecks, frustrated workers, and hours of administrative cleanup for your team.
Direct Deposit Switching (DDS) eliminates those risks with a secure, automated solution that puts employees in control. When your workforce opens accounts with participating financial institutions, they can update their payroll banking information in seconds — no paper forms, no HR involvement, no security concerns.
The technology works seamlessly in the background. Employees authenticate their identity through multi-factor authentication, consent to the update, and DDS securely transmits the change directly to Workday. Every transaction is encrypted end-to-end, role-based access controls protect sensitive information, and all changes are tracked for complete transparency.
Learn how Direct Deposit Switching::
- Reduces payroll errors and administrative burden
- Delivers bank-grade security with AES-256 encryption
- Aligns with open banking standards and regulatory changes
- Improves the employee experience with instant self-service updates
Download the Direct Deposit Switching data sheet to learn more.
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