Why do you need an international payroll payments solution?

More and more businesses, in an increasing number of countries, regularly process international payments for both workforce salaries and statutory payments to authorities. The complexity of global payroll means traditional banking methods often fail to deliver accurate and sustainable solutions, resulting in:

  • Incorrect and late payments to employees and third parties
  • High costs and transaction fees imposed on customers
  • Lack of transparent pricing by banks
  • Complex or insufficient reconciliation processes
  • Unidentified intermediary bank charges
  • Difficulty in tracking payments due to complex routing of funds
  • Regulatory compliance issues resulting in penalty charges

Our approach

As part of our global payroll service, we offer our customers an International Payroll Payments Solution to facilitate payroll-related payments owed to employees and third-parties. Our approach eliminates many of the common multi-country payment issues and problems organisations face when making international payments.

With fixed transaction fees, our International Payroll Payments Solution provides our customers with the flexibility to fund various payroll payments in a single currency, and yet pay employees in different currencies around the world.

Our International Payroll Payments Solution enables us to provide customers with an assured and accurate process, designed to enable the payment of employees and third-parties globally, irrespective of currency or location of recipient bank account.

The benefits of activpayroll’s International Payroll Payments Solution include:

Comprehensive Solution

The ability to send payments to multiple countries in a variety of currencies across the globe

Cost Effectiveness

With intelligent routing of funds across a global network, foreign exchange conversions can be made substantially less expensive than those usually charged by banks

Speed

Customers may choose delivery requirements - ranging from four days to same-day payments, where available

Tracking

Full ‘track and trace’ capabilities enabling status reporting for all payments

Self Service

Customers receive full notification and reporting of transactions

Flexibility

Customers can fund in single currency, and pay beneficiaries in multiple currencies and countries

Compliance

Timely and accurate International Payments made to employees and third parties

Ease of Use

The ability to fund multiple payrolls in multiple countries in one transfer

Looking for more detail on our international payroll payments solution?

Get in-touch with us — enquiries@activpayroll.com