As businesses scale, the complexity of managing a global workforce often outpaces the capabilities of traditional banking. For finance teams, the challenge is no longer just about calculating net pay, but navigating the friction of FX conversion and the inefficiency of managing global payroll payments in multiple currency silos.
Caxton’s Faster Payments payroll solution simplifies this by allowing businesses to pay global teams and contractors in multiple currencies using one consolidated payroll file. This "infrastructure-first" approach eliminates the need for fragmented processes and provides real-time visibility into international spending.
Consolidated Workflow: Support for all major file types (CSV, XML, BACS) from your existing ERP or accounting software ensures that managing global payroll payments doesn't require a change in your internal process.
Regulatory Security: As an FCA-regulated institution trusted since 2002, Caxton ensures that international transfers are handled with rigorous compliance and audited security.
Eliminating Settlement Lag: While traditional international transfers can be plagued by delays, Caxton’s infrastructure ensures salaries arrive in recipient accounts in seconds to minutes.
Automated Audit Trails: Real-time reporting provides instant confirmation of global payroll payment status across all currencies, drastically reducing the time spent chasing bank reports or manual reconciliations.
By centralising your global currency requirements on a single platform, you reduce manual intervention and unlock the ability to scale at pace. Whether you are paying developers in Europe or sales teams in Asia, the goal remains the same: precision, trust, and speed.
Don't let legacy infrastructure or currency borders limit your business. Whether you need a robust backup rail for resilience or a streamlined way to pay your international team, we can help you transition from panic to confidence.
To learn how to protect your payroll operations, book a demo with Chris, our Head of Payroll.