NEW FEATURE: Expense Any Card on the Caxton Expense Platform
Expense Management that flexes to your unique way of doing it
Multi-Currency Accounts
GBP, currency and holding accounts.
International Payments
Money transfers for business.
Currency Risk Management
Minimise effect of FX volatility.
Payroll Payments
Reduce payment timelines by 3+ days.
Supplier Payments
Faster payments for AP teams.
Expense Management
Complete platform that flexes to your business.
Embedded Finance
Add bank-like functionality via API.
Join Our Networks
Career Collective
Multi-Currency Accounts
GBP, currency and holding accounts.
International Payments
Money transfers for business.
Currency Risk Management
Minimise effect of FX volatility.
Payroll Payments
Reduce payment timelines by 3+ days.
Supplier Payments
Faster payments for AP teams.
Expense Management
Complete platform that flexes to your business.
Embedded Finance
Add bank-like functionality via API.
Join Our Networks
Career Collective
Your complete guide to spend management and payments automation in the healthcare and life sciences sector is here. Learn how to streamline your global and local accounts payable, clinical trial volunteer reimbursement as well as employee and travel spend management.
When asked to 'deliver more with less', small changes to your process can have a large impact.
Small changes such using an expense management systems or an API can make a huge difference, transforming how you manage spend allowing you to focus on more pressing issues such as the ability to attract talent from overseas, cutting time consuming manual tasks, shortening payment timelines including payroll, and the ability to integrate international payments across payment platforms.
Expense management is increasingly more complex and difficult to reconcile for many private healthcare settings, especially those such as care home with multiple sites.
Caxton Expense Management makes expense management a simple process.
Giving staff and financial teams the ability to reduce the administrative burden of expense management by providing them with the automated processes saves valuable time and money allowing them to get on with their role.
With clinical research being such a large part of our health ecosystem it has never been so important to have the ability to recruit and retain research volunteers. Having the ability to manage, and quickly pay out-of-pocket expenses (or an inconvenience allowance) to participants can be the difference between site failure or success.
Caxton's API and expense management systems provides a simple way to manage clinical trial patient reimbursement, all the while keeping your own branding lessening the potential for confusion.
The mindset that allowed our CEO and Founder, Rupert Lee-Browne, to build a company that is one of the original bank disrupters in the FinTech space is not just about the easy to use software and state of the art technology - it's about the people who use them.
At Caxton, we work one-to-one with healthcare finance and procurement teams to adapt our payments platform to your organisation's specific requirements. We have strong ties within NHS trusts across the country, Clinical Research Organisations (CROs) and health tech companies, transforming payments, unlocking talent and modernising outdated payments processes.
We go beyond industry standards to ensure your assets are protected at all times. From safeguarding your funds with leading banks, to two-factor authentication and a dedicated anti-fraud team, our compliance framework ensures our commitment to security and trust for all of our clients.
With the NHS needing to deliver more with less it is essential our health organisations are given the tools to automate where possible and reduce manual processes. Caxton APIs and expense management systems allows our public health organisations achieve this and have more resources for patient care.
Gaining access to your salary should be simple. Unfortunately, for overseas talent, this is not often the case. Red tape can often leave new arrivals overwhelmed and without funds as they compile the necessary documentation to open a UK bank account. Clever healthcare businesses are attracting talent with the ability to provide immediate earned wage access. Simply put, by ordering a Caxton Card for your employee and loading it with money (either as a one off or a regular occurrence), you can ensure your staff has immediate access to funds – and your healthcare organisation immediate access to staff.
Sending hundreds or thousands of payments to staff and suppliers each month can be labour intensive and expensive. Overseas payments add an additional level of expense and labour. Maintaining adequate cash flow is one of the most important factors for any business day to day, so making bulk and payroll payments 1-2 weeks before the actual payday can leave businesses with a hole in their balance sheet. Automating payroll payments can lead to same-day payments, which could see your healthcare organisation in a better financial position.
Managing expenses can often be one of the biggest headaches for healthcare providers in the private sector. Instead of the norm, the norm being either staff paying out of their own pocket or using petty cash before filling out forms to claim back expenses that are time consuming and difficult to reconcile, care providers are looking towards ways in which to modernise their expense management.
Caxton has the perfect solution in their expense management system. Staff have access to a prepaid corporate card that allows them to record and categorise expenditure on the Caxton app meaning they no longer have to use their own money and fill in forms, or use petty cash.
The fully integrated dashboard gives the finance team a single place to get real-time view of spending, report by category and reconcile expenses online, directly into their own accounts package, saving valuable time and money.
Our case study with Silver Birch Care Homes demonstrates how Caxton's Expense Management system has transformed their ways of working, automating their systems and making tasks easier for staff so they have more time doing the jobs they love rather than administrative tasks
Caxton Expense Management and API's allows the pharmaceutical, biotech and life science industry to use the latest technology to reimburse trial sites and patients for their expenses at a moment's notice. With the ability to make faster payments to over 45 countries, at bank beating FX rates, Caxton makes it easy for you to set up trial sites, and reach and retain patients.
The Caxton system affords you:
Our case study demonstrates how we have partnered with Illingworth Research Group, a Syneos Health Company, showing how Caxton's systems have been integrated into theirs allowing them to reach their vision of providing a patient concierge service, setting their services apart from their competition.
To understand how Caxton's Payment and Expense Management systems could transform your clinical trial payment systems book a demo and speak to one of our experts experienced in the life sciences sector.
Health technology companies can often find themselves needing to finance projects until after delivery, especially during that delicate start-up phase when cash flow can be difficult to manage. Caxton's tailor-made solutions can make the difference between sinking or swimming in such a competitive environment.
Caxton are experts in international payments and how best to manage them to mitigate your biggest challenges and maximise your bottom line.
Arrange a call with one of our team and talk through how Caxton can help your company today.
Our case study demonstrates how our support and advice have helped Helicon Health, a health technology company working to supply the NHS with digital healthcare technology that helps clinicians and patients collaborate more effectively for better shared care, navigate their challenges through effective hedging strategies. This has changed their cash flow management so they can now focus on growth for the future.
Enjoy personalised support from a dedicated account manager, who is on hand to offer valuable guidance and help you make smart decisions on currency trades. No call queues or automated systems. You can also tap into our online service for 24/7 around the clock payments.