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 CanadianForex 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 CanadianForex 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 CanadianForex 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 CanadianForex 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, 24hours a day (Monday to Friday).

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

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© 2011 Copyright CanadianForex Limited

The CanadianForex service is owned and provided by CanadianForex Limited [CN: 674939-9] ("CanadianForex"). Any reference on this page to "we", "us", or "our" is a reference to CanadianForex.

CanadianForex is part of the global OzForex Group and is a wholly owned subsidiary of OzForex Pty Ltd (ACN: 092 375 703), an Australian company, whose shareholders include Accel Partners and the Carlyle Group in the US, and Macquarie Bank in Australia.
 
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CanadianForex provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.