Business News, Views and Insight

Managing global payroll with smarter, faster payments

Written by Jenni Bracken | 15 Jan 2026

In today’s fast-moving global economy, payroll isn’t just about pushing money out on a set date - it’s about speed, flexibility, accuracy, and reliability. Yet many businesses still rely on traditional systems like BACS, which can take up to three working days to settle and only operate on weekdays. This can create real headaches for payroll teams who need more control, fewer bottlenecks, and greater visibility over cash flow - especially when managing international or last-minute payments. 

That’s where Caxton’s payroll solution makes a difference. Powered by the UK’s Faster Payments network, Caxton lets businesses and payroll bureaus process payroll 24/7, 365 days a year - even on weekends and bank holidays - so teams get paid in minutes, not days. 

With Caxton, you don’t have to overhaul your payroll system or change your workflow. You upload your payroll file from your existing software, approve the run in the Caxton platform, and send salaries instantly using Faster Payments. The result? Near-instant payouts in GBP or multiple currencies, total oversight of every payment, and the flexibility to correct errors quickly without waiting for the next BACS window. 

For payroll bureaus and accountants, this solution acts as both a powerful primary payroll rail and a resilient backup to BACS. It removes risks associated with missed deadlines, late submissions, or systems outages, ensuring employees and contractors receive payments on time - every time. 

Caxton’s payroll payments platform also integrates easily with major accounting and payroll systems like Xero, Sage, QuickBooks, and others. This means you can keep using the tools you’re comfortable with while adding real-time payment speed and control to your payroll process. 

Ultimately, modern payroll isn’t just about moving money - it’s about enabling your people to focus on strategic work, not manual admin. With faster payments, flexible processing, and secure, FCA-regulated technology, Caxton helps businesses streamline payroll operations, reduce costs, and improve employee satisfaction - no matter where your team or clients are based.

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