Payroll Processing

Leverage the power of streamlined payroll processing

Optimize payroll procedures and guarantee timely payments through our secure and efficient platform for a stress-free salary disbursement experience

How does it work?

Efficient, accurate, and hassle-free payroll management

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Seeking further understanding of payroll processing?

Payroll processing is how a company makes sure its employees get paid the right amount, on time. It's all about calculating and handing out salaries and wages to everyone who works there.

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Process

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The Old Way

Sending out employee salaries used to be a drawn-out and manual task. With traditional methods, errors and delays were not uncommon in calculating salaries

The Global payments way

With Global Payment, quickly calculate and send employees their accurate salaries directly to their bank accounts, giving them quick access to their funds.

Bulk Payment

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The Old Way

Limited capacity for bulk payments, making it challenging to handle a larger volume of transactions efficiently.

The Global payments way

Global Payment introduces efficiency by facilitating seamless bulk payroll disbursements through streamlined processes, allowing organizations to manage a higher volume of transactions.

Cash-Flow Visibility

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The Old Way

Earlier there was no way to track the financial transactions in real-time as all the data used to be scattered, the finance teams had to manually maintain paper records to get a clear view of the cash flow.

The Global payments way

Global Payment provides real-time visibility into the cash flow through tracking and reporting features. Organizations gain immediate insights into their financial transactions.

Approval Process

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The Old Way

Traditionally, signatures or email confirmations were required for approvals, which relied on varying response times, introducing delays and also the risk of lost documents or miscommunication.

The Global payments way

Automate approval workflows with configurable rules, allowing for a faster approval process. Automated systems can route payroll information to designated approvers, ensuring that approvals are obtained promptly.

Simplify payroll payouts with our advanced solutions

1. Employee Data Verification

Efficiently collect and validate crucial information about your employees with e-KYC, before initiating the payroll system, ensuring accuracy and compliance with regulatory requirements

2. Salary Account Validation

Utilize the penny-drop method to validate salary account details before processing payroll transactions, minimizing the risk of payment errors and enhancing financial security

3. Multi-Branch Disbursement

Simplify the complexity of the payroll system across multiple branches with one click. Easily initiate the employee salaries of different branches with a single dashboard

4. Seamless ERP Integration

Integrate effortlessly with your existing ERP system and banking partners to streamline the entire payroll processing workflow