ATB Financial has announced a groundbreaking new partnership with Nmbr, a Canadian payroll software provider, to launch ATB Payroll, a seamless Automated Payroll solution. This marks a first-of-its-kind collaboration in the country. It is specifically for Alberta’s small business customers. Business clients can now run payroll from their banking portal. This removes a major pain point for entrepreneurs.
Many small businesses still struggle with payroll complexity. Payroll is often a manual and difficult process. This leads almost 40% of businesses to use e-transfer or cash. Consequently, the process remains cumbersome for many. ATB Payroll removes this friction immediately. The system automates payroll tasks for all small business owners. They no longer need extensive onboarding with third-party providers. This integration combines ATB’s strong client relationships. It uses Nmbr’s modern payroll APIs. The goal is to create a compliant and very convenient experience.
Simplifying Compliance and Payments
The new ATB Business Portal now offers this feature. Clients verify account balances in real time. They can manage tax compliance easily. Furthermore, they process payments much faster. ATB Financial offers two-day payroll at no extra cost. This is a first among major Canadian financial institutions. Simon Bourgeois, CEO of Nmbr, commented on the partnership. He said their mission is to make payroll frictionless. The embedded system puts the process where owners already work. Therefore, it saves valuable time for Alberta’s entrepreneurs.
Azim Esmail from ATB Ventures discussed innovation. He said ATB Financial constantly seeks new support tools. This partnership simplifies critical business operations. It helps clients grow and thrive in the market. In addition, the new feature is currently in a pilot phase. ATB Financial plans a broader client rollout in 2026. This move significantly expands ATB’s business banking tools. It firmly positions the bank at the forefront of digital financial innovation. They are now setting a new standard for Automated Payroll services.
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News Source: Businesswire.com
