Background
immedis is a purpose-built payroll platform capable of addressing payroll needs in 150 countries worldwide. Consolidate and streamline payroll with a single dashboard view, giving them full transparency across global operations and the ability to track, manage and report at a company level and drill down into country level detail.
Challenge
Every global payroll service provider needs to ensure that local employees receive the right amount of pay on time.
immedis provides an aggregated technology interface to its clients to manage all aspects of their global payroll, through to payment. Utilizing the traditional SWIFT interbank system presented significant unpredictability in terms of timing of the payments and inaccurate amounts due to handling fees deducted along the way.
Solution
TransferMate presented a globally regulated end-to-end proprietary payments technology solution that could eliminate the traditional interbank system, thereby ensuring payments reached their clients' staff on time and the exact amount due.
