Creating Proactive Payment Compliance in Global Payroll

Ensuring payment compliance in global payroll is essential for payroll providers and their clients. With international payroll operations spanning multiple jurisdictions, providers face complex regulatory requirements, currency fluctuations, and compliance risks.In this webinar, Currencies Direct will explore how payroll providers can create a proactive payment compliance framework within their global payroll process. Attendees will gain valuable strategies for managing payment compliance obligations, mitigating payment risks and optimising cross-border payment processes.

By the end of this webinar, participants will be able to:

1. Understand the Current Global Payroll Payment Compliance Landscape:  How do most payroll providers tackle payment compliance, what does the data and our research show and how this can be split into three phases, onboarding, approvals and reaction.

2. Ensure Regulatory Adherence:  How to best stay informed on payment compliance regulations, the latest issues that banks are having, which currency pairs and countries are likely to cause the most problems and ways to minimise payment compliance issues or delays ahead of payroll runs.

3. Optimise Payment Processes:  Identify best practices for streamlining payroll payments and reducing operational costs while not cutting corners when it comes to payment compliance obligations.

4. Leverage Payment Technology:  Explore how mass payment solutions can automate compliance checks and enhance payroll accuracy.