About |
Global expansion poses significant opportunities and challenges for any size of organisation. As companies expand internationally, some decide to remain with established country-specific payroll systems to ensure employees get paid on time and minimise disruption. However, this disjointed approach often overlooks critical elements which may have a significant effect on both compliance and profitability. A global payroll solution can offer greater efficiency and improved compliance.
We’ll handle your entire payroll, both domestically or internationally, centralised or local, across as many countries as you need.
We can deliver both centralised and local payroll services across the globe.
We manage payrolls internationally through our global coverage in over 120 countries. Our network provides services in every continent of the world, with the consistent quality of service that our reputation is built upon. We offer an integrated payroll service, providing many strategic advantages, including economies of scale, alignment of global resources, global methodologies, performance metrics and the advantage of group reporting.
More and more businesses nowadays are regularly processing international payments for both their workforce salaries and also statutory payments to the authorities in an ever-increasing number of countries.
Traditional banking methods often fail to deliver accurate and sustainable solutions, often resulting in:
Incorrect and late payments to employees and third parties
High costs and transaction fees imposed on the customer
Lack of transparent pricing provided from the banks
Complex or insufficient reconciliation processes
Unidentified intermediary bank charges being applied
Difficulty in tracking payments due to complex routing of the funds
Regulatory compliance issues resulting in penalty charges
We offer our customers an International Payroll Payments Solution to facilitate the payroll-related payments owed to employees and third parties, thus allowing them to eliminate many of the common multi-country payment issues and problems which they may 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, which will enable them to pay their employees and third parties globally, irrespective of the currency and location of the recipient bank account.
The benefits of using Payroll Heaven'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: - Foreign Exchange conversions can be substantially less expensive than those usually charged by banks with the intelligent routing of funds across a global network
Speed: - Customers can 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
Notification and Reporting: - Customers receive full notification and reporting of transactions
Flexibility: - Customers can fund in a 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
We offer true flexibility and tailored services.
Our global payroll services can be tailored for each country’s specific requirements, delivered by knowledgeable, established experts who can interface with the local regulatory bodies. We can deliver local support for employees in their local language and culture, along with central reporting and integration with the customer’s ERP systems.