Connect all your pre-payroll data to Papaya
Integrate pre-payroll data from HCM/HRIS, expenses report systems and more with easy data sync.
Papaya has out-of-the-box APIs and proprietary data connectors that can upload all your data to Papaya’s platform – including custom and variable fields – in minutes.
AI-powered validation and accuracy
Papaya’s AI-powered validation engine builds accuracy by analyzing salary updates, gross to net reports, local compliance requirements, and your own company policies – resulting in highly-accurate payroll cycles for all your global locations. Reduce error risk at high volume with intelligent automation.
Technology meets global expertise
Papaya’s experts are certified public accountants with years of experience who speak the local language and know the culture. They are dedicated to your business, ensuring a superior service level and customer satisfaction.
Our experts can guide you in solving any complex legal and tax issues that arise and help you anticipate complications down the road, such as terminations.
They are also responsible for tracking ever-changing regulations, notifying you of any changes that might affect the locations you operate in.
Pay all your entire payroll with embedded payments
Pay workers, authorities and vendors – such as healthcare or meal voucher providers – in the local currency of 180+ locations. With Papaya’s payment solution, you choose your payment’s delivery date, and we ensure it will be delivered on time and in full.
Papaya conducts account validation, transactional monitoring and AML checks, adding a layer of security and assurance to your payroll payments.
Instantly convert payroll data into Journal Entries
Our platform automatically translates your payroll data for each pay cycle into customized Journal Entry reports according to your needs, ready for upload into your ERP system.
For clients using NetSuite, our Built for NetSuite API connection ensures Journal Entries are automatically pushed into their NetSuite accounts, no added steps required.
Turn your payroll analytics into powerful business insights
Papaya’s BI & Analytics capabilities consolidate your payroll data into customizable dashboards to help you manage your entire global workforce in a single place.
Drill down by location, timeframe, or cost center, and avoid unneeded expenditures by spotting trends and anomalies early. Our platform allows you to build custom reports, streamlining reporting and auditing tasks. Empower global finance teams with real-time payroll intelligence.
Papaya Personal: empowering your workers
Papaya Personal lets your employees securely manage their documents and data wherever they are.
Employees can also report time and attendance, manage PTO, and access payslips and documents in one place. Improve employee productivity and retention with Papaya Personal, available in desktop or mobile.
Payroll is only the beginning
Payments embedded
We created the first embedded payments platform designed for workforce payments and built our own payment rails to ensure payments always land on time at full value. Fund your payment accounts later in the cycle and free up more working capital.
Global benefits
Attract and retain top talent with a supplemental private plan covering physical and mental health, available 180+ countries. Cover any number of workers, no matter where they live and work, with freedom of choice and no plan minimums.
Equity management
Papaya’s Global Equity Team handles your equity strategy everywhere you have workers—based on each location’s tax rules, compliance regulations, and all relevant guidelines. Papaya grants you total control of your equity strategy, while maintaining 100% compliance.
Enterprise-grade security
Payroll and payments data is sensitive, and we take data privacy seriously. We’re certified with ISO 27001 and ISO 27701 and hold SOC 1, Type 2, and SOC 2, Type 2 audit reports — covering overall security, financial controls, and general safeguards. Designed to meet the security expectations of global corporation.
Boost productivity and performance.
Papaya’s international payroll and payments technology covers it all. So you can focus on what matters — your business. Scale with confidence and focus on what matters — your business.
FAQs
What is global payroll?
Global payroll refers to the execution and managing payroll payments made to workers based overseas. Global payroll can come with its share of challenges, including regulatory hurdles, communication barriers, and international banking costs.
How do you process international payroll?
To process international payroll, you need to have a system in place that accounts for local regulations, employee compensation and benefits, and cultural considerations. Normally, the easiest way to handle all this is by outsourcing these tasks to a third-party provider with the necessary expertise in place. One way to verify this expertise is by working with an intermediary provider that can accurately vet and analyze the provider’s performance.
How do you organize global payroll?
At its core, organizing global payroll involves adopting a system that allows you to manage all aspects of payroll, in all countries you operate in, in one place, so that you can have better data visibility and tracking capabilities. A technology-first approach is the right move here. Make sure that the solution you choose has a robust infrastructure and can adjust to payroll anomalies whenever necessary.
How does the platform handle the payroll to payment process?
We handle the post-payroll process, from payroll calculations to funds disbursement. We process payments to your workers and authorities, and provide detailed reconciliation reports based on your needs, giving you a clear picture of your global payroll payments.
Can payments be expanded to pay corporate vendors?
While we’re currently focused on worker and statutory payments, we plan to expand to corporate vendor payments by 2025.
How to establish payroll for international contractors?
Paying international contractors can be done in all sorts of ways, like bank wires, credit cards, money transfer companies, and freelance platforms. When paying your contractors, it’s important to ensure you’re correctly classifying them and that you’re complying with the local regulations of the region where they’re based. To choose the best payment method and ensure accurate and compliant payment delivery, you may want to consider partnering with a third-party provider with the relevant expertise on the subject.
How do you avoid international payroll fraud?
To avoid international payroll fraud, you need to employ maximum security standards. Some steps you can take to properly do this involve training your employees on how to share and protect information, limiting access to sensitive data, dividing payroll tasks among your payroll team, and adopting cloud security measures.
You may also consider outsourcing much of your payroll tasks to a payroll software provider. Of course, make sure to do your homework first to ensure built-in compliance, audit trail capabilities, data encryption and the relevant certifications.
