Payments Hub

Securely manage all of your global employee and contractor payments using a single integrated environment.

One place to initiate any employee, contractor or statutory payment. Payments Hub makes multiple payments simple, whether you are paying salaries, pensions, expenses, allowances, bonuses or any other payment. Let the Payments Hub generate compatible payment files for upload to your banking or payment service

“2”tone

Any bank

“2”tone

One system

“2”tone

All currencies

“2”tone

All employees

“2”tone

All third parties

Employee and contractor payments made simple

Cutting your payment transaction costs

Optimising your payments through existing banking relationships and FX organisations can significently reduce your transaction fees, and simplify your fund management.

The Payments Hub is configured per payroll for each payment organisation for each currency and payment type enabling your business to optimise each payments channel.

Paying your workforce in every country

The Payments Hub will  steer your organisation on the information needed for a specific country, bank and payment type.

Storing the payment values, employee bank accounts, address and reference data to transact payments in any country.

Recording every transaction

Payment values are stored for each employee and pay period, enabling any number of payment types, such as salary, annual bonuses, maternity payments etc.

Compliance is at the heart of our processes, and the Payments Hub maintains an audit trail of every transaction.

Easy management of payment values

The Payments Hub makes it easy to import employee payment values for a pay period from your local payroll systems. Including 3rd party payment values for tax and pensions.

The PaymentsHub can calculate the values from gross to net payroll data.

Take control of your payments

Dont be locked in to a single solution or payments channel if you wish to exploit your existing banking relationships. Explore the options of our multi-channel global Payments Hub.

Learn how you can manage the process with your preferred payment partners.

No need to share banking data

In many payroll environments employee banking data is being transferred to local payroll systems to generate a payment file. This is a huge security risk and open to fraud.

The Payments Hub tightens the boundaries around you PII data, sharing only on a need to know basis.

Salary payments do not need to be costly
Salary payments do not need to
be costly
Employee costs are a significant proportion of your business turnover, we focus on secure, timely and cost effective processing of employee related payments.
Investigate the options and capabilities of the Payments Hub. See how our solution can benefit your treasury and finance team whilst improving your employee’s satisfaction.
Single platform to pay employees anywhere
Single platform to pay your employees anywhere
Supporting over 140+ currencies, 200+ countries and territories.
Payments are configured by payroll, providing visibility to the payments by pay period.
Global management of tax, social insurance and pension payments
Global management of all third party payments
Saving time and improving accuracy of calculating, managing and delivering tax, social insurance and pension payments.
Keeping on top of making third party payroll payments with a variety of due dates for each type and country is core to the Payments Hub.
Maximise the value from your preferred payment partner
Maximise the value from your preferred
payment partner
Utilise existing in country banking partners or choose a new payments channel for some or all of your payments.
Our multi-channel payments platform enables the most cost effective payments route for your organisation. Trusted by all of the major banks and FX companies.
Up to date employee records
Up to date employee records
Eliminate the need to manage beneficiaries, the Payments Hub holds current and historic bank and address details for your employees.
With integrations to your HCM system or any other data store, all employee addresses, reference data and banking changes are captured automatically.
Take control of your payments process
Take control of your payments
process
Tracking and managing your payments through task workflow, ensuring the timely delivery of all your payments.
Payment approval and funding process, with assigned users provides control and a detailed audit process. User groups and privileges determines who can perform what tasks and for which payrolls.
Customisable reporting to optimise funding
Customisable reporting to optimise funding
Analyse currency amounts and payments distribution to support your treasury management
Reconcile your payments values with your balance sheet and plan your future expenditure.
Handling complexity without manual intervention
Handling complexity without manual
intervention
Supporting split payments, fixed exchange rates and employee
pre-agreed currency payments.
Payments Hub manages all of the above with ease.
Employee validation of bank details
Employee validation of bank details
Employees can view and update their address and bank details.
Payments Hub maintains the bank account history of employees with effective dates, delivering control and information to where and when payments were made.
Future proofing as the industry transitions to ISO 20022
Future proofing as the industry transitions to
ISO 20022
The whole of the banking industry is in the process of adopting
ISO 20022 XML payment file standard.
Payments Hub supports the complete ISO 20022 XML stack, enabling you to adopt this standard.
No time to waste, start benefitting from the global payroll hub
No time to waste, start benefitting from the
Payroll Hub
Competitive pricing enables you to start small and grow.
Same day implementation of Payments Hub to go live for your business.

 

Our experience

Payment delivery models vary significantly from enterprise organisations to a growing start-up, based on the funding models and the reach of the existing payment partners. We listen to establish your starting point and collaboratively build the perfect payment model for your business.

We have a wide experience of working with global banks such as HSBC, Citi, Bank of America and Deutsche bank. The Payments Hub has established channels and interfaces with cross-boarder payments organisations, offering advantages over some traditional banks.

Our depth of knowledge and adaptability of the ISO 20022 XML credit transfer standard, ensures we can work with any banking organisation. Whilst SEPA transactions are simple to set-up, meeting the payment information needs of countries such as Japan or Brazil, requires a detailed understanding of a banks implementation of the ISO standard. We have an abundance of experience in these hard to pay countries.

What makes us different, well…. experience plus….

Technology

Secure platform developed in conjunction with global service providers dedicated to global payroll payments.

Independence

Choice and flexibility tailored to maximise your return on investment and to minimise your ongoing payment costs

Integration

Connecting banks and cross-boarder organisations to your HCM systems and employee data.

Inspired by practitioners, designed by visionaries

IPPEX Payments Hub will transform your global payments function.