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Darwinbox launches Next-Generation Payroll upgrade: Enabling 100% digital payroll processing first time ever in India

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This proprietary RIVeR framework brings all payroll stakeholders on one platform and ensures that payroll is managed through one system and one dashboard

HYDERABAD, India, Sept. 17, 2024 /PRNewswire/ — In an industry first-move set to redefine payroll management, Darwinbox, a leading HR tech platform, has announced the launch of the next-gen payroll platform with the RIVeR (Review, Initiate, Verify & e-approve, Release & Report) framework. It is a modern 4-step approach to payroll management that promises to make payroll 100% online, easy, accurate, and audit-ready. With one system, one process, and one dashboard for managing payroll across diverse geographies, the idea is to make global payroll processes more streamlined and efficient.

Existing Payroll systems in India are often burdened with broken views of the entire payroll process. This leads to more manual intervention, high payroll errors, increased audit risks and wastage of time in validating and reconciling payroll inputs. Reconcilation and Verification are still done manually, which leads to scope for leakages that amount to significant financial loss. These challenges aggravate as businesses scale, especially across geographies.

The integrated payroll offering, built on Darwinbox’s modern HCM platform that covers the entire employee lifecycle from hire to retire, is designed to address the unique and complex payroll needs of enterprises. With over 1.2 million payslips processed monthly across geographies, this solution will redefine payroll management, offering a transformative experience for organizations.

Darwinbox’s enhanced payroll solution solves a lot of these problem statements for organizations:

Automated Data Flows for best-in-class Accuracy: With integrated CoreHR and workforce management, there is automated data flow of attendance, reimbursements, transfers, promotions and other employee life cycle events directly into Payroll. It ensures unparalleled accuracy in payroll processing, minimizing errors and discrepancies.In-the-Flow Reconciliation & E-Verification for 100% digital payroll: The platform facilitates reconciliation and variance analysis, along with e-verification and approval capabilities for reviewers, auditors and approvers – all on one single online dashboard. This eliminates the need for data extraction and simplifies the application process.Robust Control and Compliance: The new framework and payroll platform are embedded with exhaustive audit trails, tighter data control and tracking of all approvals, with which organizations can maintain strict audit controls and compliance standards, control over data, flexibility in process variations and no hidden payroll costs.

Expressing his confidence upon the transformative impact this new offering will bring, Chaitanya Peddi, Co-Founder, Darwinbox said, “The existing payroll systems in market needed an upgrade to meet the evolving needs of large enterprises, which still face complexity and leakages in managing payroll. With this latest innovation, organizations can now consolidate all payroll operations into a single system and dashboard, streamlining processes across geographies and involving all stakeholders. In an industry first, payroll processes like verification and approval are now fully online.”In addition, Chaitanya mentioned “We’ve developed this new payroll platform on a powerful processing engine and reporting framework that seamlessly supports geo-specific localization. This same framework will soon be extended to other regions across Southeast Asia and the Middle East, where our customers operate.”

For businesses looking to streamline their payroll processes and stay ahead in the competitive Indian market, Darwinbox’s enhanced payroll solution offers a compelling opportunity to achieve accuracy, ease, and control in payroll management.

About Darwinbox: 

Founded in 2015, Darwinbox is a global HR tech leader that empowers enterprises to better manage their talent with new-age employee experiences and disruptive AI-powered technology. Its cloud-based Human Capital Management (HCM) software caters to an organisation’s HR needs across the entire employee lifecycle. Darwinbox is trusted by over 900+ enterprises across 130 countries. Darwinbox has been backed by global investors like TCV, Microsoft, Salesforce Ventures, Peak XV, Lightspeed and Endiya Partners among others.

More at www.darwinbox.com

For media inquiries, please contact: Rishita.chiranewala@darwinbox.in

Photo: https://mma.prnewswire.com/media/2506389/RIVeR_PR_Image.jpg

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Real Estate Expert Matt Nuzie Explains Buying and Selling a Home at the Same Time

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The article explains how homeowners can plan their finances, decide whether to buy or sell first, and coordinate closing dates when moving from one home to the next.

TRUMBULL, Conn., Nov. 9, 2026 /PRNewswire/ —

KEY HIGHLIGHTS 

Selling a current home first brings financial certainty, while buying first offers more flexibility with the move. Mortgage options and home sale contingencies often determine how homeowners can manage two transactions at once. Building a cushion into closing dates and setting aside extra savings helps homeowners handle delays without added pressure. 

How can homeowners manage buying and selling a home at the same time? A HelloNation article provides the answer, featuring insights from Matt Nuzie, Real Estate Expert with REMAX Right Choice in Trumbull, Connecticut. The newly published article explains how financial planning, mortgage options, and closing dates affect both sides of the move. 

Should You Buy or Sell Your Home First? 

The article explains that selling your current home first gives homeowners certainty. Once the sale closes, they know exactly what they have for a down payment and a price range. 

Selling first also removes the risk of carrying two homes. The trade-off is that homeowners may need temporary housing, storage, or two moves. 

Buying a new home first lets homeowners move on their own schedule. The article notes that it can mean covering two mortgage payments, property taxes, insurance, and utilities, so a conversation with a lender should come before any offer. 

How Do Mortgage Options Affect Buying and Selling? 

According to the article, mortgage options often decide the order. Some buyers need the equity from their current home for a down payment, while others qualify for financing that lets them buy before selling. 

Matt Nuzie recommends reviewing income, savings, and the current mortgage with a lender before touring homes.  A home sale contingency makes a purchase dependent on selling the buyer’s current home. It offers protection, but many sellers prefer offers without one when they have several to choose from. 

Why Are Closing Dates Important? 

Matt Nuzie notes that scheduling both closings close together lets homeowners move directly from one home to the next. 

Closings can be delayed for ordinary reasons, such as a lender’s request for documents or an inspection issue, so building in some breathing room is wise. 

A rent-back agreement can let sellers stay in the home for an agreed period after closing. Short-term temporary housing is another option when the dates don’t line up. 

How Can Homeowners Prepare for Unexpected Costs? 

The article recommends starting early on cleaning, small repairs, and listing photos, since they often take longer than expected. 

Moving, storage, repairs, and temporary housing can add up quickly, so setting aside extra savings helps. 

Matt Nuzie also emphasizes keeping the real estate agent, lender, and attorney informed of deadlines, and reading contract terms closely before signing. 

How to Buy and Sell a Home at the Same Time features insights from Matt Nuzie, Real Estate Expert of Trumbull, Connecticut, in HelloNation. 

FREQUENTLY ASKED QUESTIONS 

Is It Better to Buy or Sell a Home First? 

According to Matt Nuzie, it depends on your finances, your moving plans, and the local real estate market. Selling first brings financial certainty, while buying first offers more flexibility with the move. 

What Is a Home Sale Contingency? 

Matt Nuzie explains through insights featured in the article that a home sale contingency makes a purchase dependent on selling an existing home. It offers protection, though many sellers prefer offers without one. 

Can You Close on Two Homes at the Same Time? 

The article explains that homeowners can schedule both closings close together. Financing or inspection delays can still shift the timing, so some cushion is wise. 

What Happens if Closing Dates Do Not Match? 

Based on insights from Matt Nuzie, Real Estate Expert of Trumbull, Connecticut, homeowners may consider a rent-back agreement or short-term temporary housing. Both can provide extra time between transactions. 

Matt Nuzie is a REALTOR® with REMAX Right Choice, 105 Technology Drive, Trumbull, CT 06611. Each Office Independently Owned and Operated. 

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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UTulsa launches Access to Excellence Scholarship Fund with $4M Asbjornson family commitment

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TULSA, Okla., Nov. 9, 2026 /PRNewswire/ — The University of Tulsa has launched the Access to Excellence Scholarship Fund, a philanthropic initiative to help more students pursue a UTulsa education, with an additional $4 million commitment from the Asbjornson Foundation providing significant early support.

The fund builds on the university’s Access to Excellence tuition initiative and its commitment to put an exceptional private education within reach. In August, the university announced it would cap undergraduate tuition and required fees at $25,000 a year in fall 2027, making UTulsa the most affordable private research university in America’s heartland.

“This extraordinary investment by the Asbjornson family embodies what Access to Excellence means at a Top 75 private research institution and exemplifies the commitment of the Golden Hurricane community to pay it forward,” said President Stacy Leeds. “We are removing financial barriers while preserving everything that makes a University of Tulsa education exceptional. The Asbjornsons understand that unlocking higher education can transform not only a student’s future but also the future of Tulsa and our region. We are deeply grateful for their continued leadership.”

The Asbjornson Foundation’s generous gift will focus on transfer student aid:

A $1.3 million expendable fund will immediately provide scholarships for current transfer students whose annual tuition and fees exceed $25,000.A $2.7 million endowed fund will support undergraduate transfers studying engineering, computer science, data science, artificial intelligence, finance and entrepreneurship. Preference will be given to Tulsa Community College Honors Scholars, followed by other TCC transfer students and then qualified Tulsa-area students transferring from other accredited institutions.

“If students are concerned about taking on too much debt, they will be reluctant to pursue rigorous studies and challenging career paths. To ensure Tulsa’s economic success, we need Tulsa students to fulfill their potential,” said Scott Asbjornson (B.S.B.A. ’91, MBA ’95). “I hope others in our philanthropic community will join my family in supporting these deserving students.”

The scholarships are designed to cover recipients’ remaining tuition, fees, books and course materials after other aid is applied, eliminating the need for student loans to attend the university – excluding room, board and other non-mandatory fees.

“Our hope is that this investment removes barriers for talented students and creates opportunities for them to learn, explore and grow in ways that prepare them to lead with purpose,” Asbjornson said.

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SOURCE The University of Tulsa

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Lafayette Square Institute and the Center for USA Lending Launch Federal Credit Lab Platform

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Federal Credit Lab provides publicly available data visualizations and analysis on the allocation of federal credit across the U.S. economy. 

WASHINGTON, Nov. 9, 2026 /PRNewswire/ — Today, Lafayette Square Institute and the Center for USA Lending launched the Federal Credit Lab, a publicly available data and insights platform providing data and analysis of the U.S. government credit portfolio to generate actionable insights for policymakers, program administrators, researchers, and the public. 

The United States government is one of the largest lenders in the world. Its portfolio contains over $5 trillion in cumulative outstanding loans and loan guarantees. In Fiscal Year 2026 alone, Congress authorized nearly $1 trillion in new loan and loan guarantees spanning over 100 programs and 20 federal agencies.

Federal Credit Lab is a joint initiative of two nonprofit organizations, the Lafayette Square Institute and the Center for USA Lending, aimed at making this portfolio data more readily accessible to inform better program assessment, delivery, budgeting, and design.

“Federal credit is one of the most powerful and least understood sets of tools by which policymakers can mobilize private capital to address national challenges,” said Jack Moriarty, Executive Director of Lafayette Square Institute. “Our objective in building Federal Credit Lab with our partners at the Center for USA Lending is to enhance our collective understanding of this toolkit to inform the next generation of industrial policy and the allocation of capital to the people and places that need it.” 

“Modern systems and better information lead to better policy. The Federal Credit Lab puts that premise into practice. It is a platform that makes the government’s lending enterprise substantially more visible, accessible, and accountable. We see this as a foundation, one we hope to build on in partnership with federal credit agencies,” said Doug Criscitello, Executive Director of the Center for USA Lending.

“By applying analytics to the complex workflows across the federal credit portfolio, Lafayette Square Institute and the Center for USA Lending are creating conditions for government and capital markets to better serve workers and communities in every zip code,” said Damien Dwin, Founder and CEO of Lafayette Square and Board member of Lafayette Square Institute.

“The Federal Credit Lab platform aspires to make the world of federal credit accessible to a much wider audience of stakeholders by centralizing and unifying a previously disparate set of data sources,” said Laura Hohenberger, Senior Associate for Data Analytics and Policy at Lafayette Square Institute.

The launch of the Federal Credit Lab featured a joint event in Washington, D.C. that included a platform demo and expert speakers. Additional programming on select thematic areas in the federal credit portfolio is slated throughout 2027. Lafayette Square Institute and the Center for USA Lending invite public feedback on applied research questions for future analysis.

About Lafayette Square Institute
Lafayette Square Institute (LSI) is a nonprofit policy and data analytics platform committed to aligning private capital with the public interest. Through deep bipartisan relationships, innovative finance tools, and data analysis, LSI mobilizes investment in the people and places that need it. 

About Center for USA Lending
The Center for USA Lending is a nonpartisan organization advancing a modern, effective credit ecosystem. It connects public and private stakeholders, elevates borrower needs, and promotes the use of modern technology to ensure access to capital for the borrowers federal credit is intended to serve.

Contact: Laura Hohenberger, Senior Associate, Data Analytics and Policy, Lafayette Square Institute, hohenberger@lafayettesquareinstitute.org 

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SOURCE Lafayette Square Institute

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