A new partnership is set to simplify the complex processes involved in end-to-end payroll services across the globe.
ADP, a globally renowned technology firm specialising in human capital management (HCM) systems, has teamed up with Convera, a top-tier B2B global payments fintech firm, to offer a comprehensive end-to-end payroll and payments solution for ADP clients. Scheduled to augment the efficiency of global payroll systems, this revolutionary collaboration aims to streamline the intricate processes involved in payroll and payment handling.
As a global leader in providing compliant payroll solutions, ADP's expertise in managing the complexities of the regulatory sphere of payroll payments, harmonised with Convera's substantial payment capabilities, presents a world-class payroll and payment solution. The partnership is set to enhance convenience and reduce the traditional complexities by enabling the management of payroll and payment processes via a single integrated platform.
Convera, known for its excellence in streamlining B2B cross-border payments, is relied upon by over 30,000 clients across the globe to execute transactions in more than 140 currencies across over 200 countries. The firm's impressive industry experience and tailored solutions span various geographies and industries, with a proven track record in supporting the payroll sector.
The fruitful collaboration between these two market leaders is poised to amalgamate local and international statutory requirements along with robust security layers, thereby giving corporations the confidence to boost their payroll operations. The globally accessible services will ensure compliance while delivering a secure and streamlined process.
"We're thrilled to work with ADP to bring a world-class solution to its clients," said Patrick Gauthier, chief executive officer at Convera. He reflected on the dynamic changes companies face worldwide, including regulatory constraints, economic upheaval, and workforce evolutions. "As one of the largest global business payment networks, we aim to help our clients grow their business with confidence, and we look forward to this significant and strategic collaboration to serve ADP's global client base and evolve our integrated payments ecosystem together," he said.
Frank Smits, President of ADP Celergo Streamline, highlighted the complexity involved in managing compliant payroll payments. "Many organizations don’t have the expertise or resources needed to navigate the multitude of variables. ADP, collaborating with Convera, is happy to help tackle this complexity for our clients," he stated.
"The new alliance looks to alleviate the need for clients to access multiple banking platforms, promising a simplified, secure, end-to-end integrated solution that enhances payroll payment accuracy, compliance, and security."