GLOBAL PAYROLL MANAGEMENT SERVICES

Do you have a company with a large number of employees in different countries? For more and more business owners, the answer is yes. This can create massive headaches when it comes to payroll.

What is Payset’s global payroll service?


Payset’s global payroll management functionality is a fully-compliant, low-cost way to support making payments to staff anywhere in the world. Make life easier for your accounting department when running payroll by automating staff payments and paying global staff in their local currencies.
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What challenges are there for global payroll?

Ensuring timely delivery of payments to employees and contractors based all over the world

Minimizing the cost of frequently exchanging foreign currencies

Managing multiple payments to employees and contractors in various countries, in different currencies

Help

How Payset’s global payroll service can help:

Automate the global payroll process to facilitate fast, hassle-free payouts to ensure all international recipients are paid in full and on time

Allow your staff to set up their own Payset accounts for instant, free payments

Pay your staff all over the world in their own local currency at low exchange rates

Reporting features allow your accounting department to make secure payments and keep an accurate record of transactions with our detailed reporting features

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Do you need to rethink your international global payroll operations?

By rethinking and revamping your global payroll operations, you can use multiple foreign currencies in a more efficient and affordable way. You’ll also benefit from lower conversion rates and transaction fees, faster payments, and more flexibility with currencies and payment networks. There are numerous reasons to reconsider your current payroll operations.

Frequently
asked questions

What does Payset’s global payroll include?

Payset’s global payroll features include functionality to make automated payments to accounts all over the world in their own local currencies. 

Your accounts department can facilitate timely payments and keep an accurate record of transactions with in-depth reporting features.

How can global payroll help manage an international team?

Payset is perfect for organisations that manage a global team. Payset’s global payroll management service allows you to make payments to your staff anywhere in the world and in their own local currency.

How do I choose an international global payroll provider?

You should choose an international global payroll provider that supports a wide variety of foreign currencies and transaction networks. At Payset, we offer support for 38 currencies in over 200 countries, plus support for settlement networks like SEPA and SWIFT.

You should ensure that your service of choice supports the countries that you operate in. You’ll need to make sure that you can pay your business partners, employees, and contractors.

Why do I need an international global payroll provider?

With Payset, you’ll be able to pay employees, contractors, and businesses in their own currencies while avoiding hefty fees for wire transfers and currency conversion. You can make payments in 38 international currencies and convert between assets instantly from the same dashboard. You can also automate the payroll process or have employees sign up for their own Payset accounts, allowing you to send them free/instant transfers regardless of their location.

What is international global payroll outsourcing?

Global payroll outsourcing involves having a third-party company take over your payroll operations. By outsourcing these activities, you can offload duties such as employee payments, record-keeping, and tax reporting. Doing so will save time and free up internal resources.