Payroll solutions

Key benefits

  • Reduce administrative costs and achieve efficiency gains
  • Flexible reporting capabilities
  • Ability to incorporate into your existing ERP
  • Secure and robust payment method with bank grade security

Features

Consolidate multiple currency batches into a single batch payment

Batching payments through our payroll solution creates efficiencies from a deal execution, price and time perspective. Book hundreds of transactions in one simple step in a fraction of the time and significantly reduce manual input. 

Ability to centralise global payroll banking function

The OFX payroll solution enhances centralisation by allowing you to remit payments from the host country, whilst still be able to adhere to the protocols of the destination country. The result is a single payment report across the organisation’s entire pay run.

Automated employee notification

Our payroll solution gives you the option to send an automated email to notify the employee that funds have been sent on your behalf.

Introduces transparency around the conversion of employees wages

Non-local currency payments are typically automatically converted by the receiving bank at their discretion, usually at carded exchange rates. Bank carded exchanges rates are often unnecessarily expensive, at the cost of your staff salaries. The OFX payroll solution puts you in control of the conversion by giving you the ability to quote and book live rates at the time of remittance.

Onsite training

Our ‘Hi Touch’ approach comes with free and regular staff training or audits to ensure our clients are up to date and able to utilise the payment system effectively.

Segregation of functions

The OFX platform is easily modified to give your organisation the level of internal control required, this can be done by simply tailoring user access to varying levels of authority.

24hr support

Technology based solutions require human touch. Unlike the banks the OFX facility is ‘Hi-Touch’ and seamlessly supported across our offices in Sydney, London and Toronto enabling you to make payments and  get answers when you need - online, by phone, 24/7.

If you’d like to hear more about our payment solutions, please register your details below or call us.

Make an Enquiry
* Denotes a mandatory field.
(Country code/Area code/Number)

Currency Converter

Market Rate For information purposes only. Terms of Use
For details, see My Dashboard

For UKForex’s customer rate
Log In or Register Now
Rate: 1.3666
=
Rate: 0.7317
=
Convert

Register Free

Send money overseas at better rates than the banks.


Get our Free Commentary



RSS Follow Facebook Twitter Follow on LinkedIn Google Plus Follow on YouTube

Get free rate alerts

/
 
Choose currency pair and enter the exchange rate. An alert will be triggered when the exchange rate is reached and an email will be sent to you. You can unsubscribe any time and your email address is safe – see our Privacy Policy.

NOTE: These rates are for informational purposes only

Sitemap

© 2020 OzForex Limited

Terms of Use  Privacy Policy  Cookie Policy

OFX is regulated in over 50 jurisdictions. If you would like to find out more about which entity you receive services from, please contact us on customer.service@ofx.com.