Paying employees on time is one of the top challenges for organizations, and is made even more complicated for teams running multi-country payroll. Many companies are still running payroll manually, which can often lead to delays, miscalculations, and frustrations for both employers and workers.
With Deel, you can streamline payroll management for your workforce, whether you’re a small business with a domestic workforce or an enterprise with a globally distributed team. Read on to learn more.
Get new hires up and running quickly
Setting up a new hire’s employee profile is a time-consuming task, as it requires migrating employee information and banking details in compliance with local requirements. With Deel, you can automatically sync employee details from your current HR platform for a seamless onboarding experience.
By leveraging automated payroll record management, streamlined digital contracts, and seamless compliance workflows, Deel cuts onboarding time by 31% to onboard workers in time for the next pay period. Deel’s self-service model then guides employees and independent contractors through the onboarding process with a fast and easy-to-use checklist.
Automate payment processes
At Deel, we’ve automated the entire payment admin process to ensure payments are executed accurately, securely, and on time, eliminating the hassles and uncertainties associated with manual payroll providers. When paying independent contractors, you’ll receive instant, compliant digital invoices for every contractor payment.
Deel automatically generates invoices for every transaction, saving you hours of manual work.
You can use Deel’s mass payments option to pay your entire workforce in one click. Select all of your workers, or select the specific workers you want to pay—categorized by entity, team, country, and more—for a fully customizable experience.
Deel automates the pay stub matching process by comparing the data on an employee’s pay stub to the data on your company’s payroll report. This ensures the right pay stub is shared with the right employee. Pay stubs (also known as pay slips) are then automatically distributed to your team on time, every month.
See also: 9 HR Processes to Automate Today (And How to Do It With Deel)
Offer flexible payroll schedules
While the standard pay schedules include bi-weekly, semi-monthly, and monthly payments, Deel provides the convenience of on-demand payroll, allowing you to process payments outside of those pay cycles. This provides your team members with the option to receive their earnings when they need them, instead of having to wait for payday.
Through these off-cycle payments, you can add a last-minute bonus or expense and pay employees their full salary up to a month early, enabling them to cover an unexpected cost with less stress.
See also: How On-Demand Pay Unlocks Higher Employee Productivity, Satisfaction, and Retention
Some payroll providers work with third parties that require you to submit salary adjustments two to three weeks before payday. Since Deel’s payroll operations are entirely in-house, we can offer extended payroll cut-off dates for EOR employees, giving you more time and flexibility to approve expenses, input time off, add commissions or bonuses, and submit monthly salaries. After that, our team handles the payroll taxes, calculations, and more.
Enable multiple payment and withdrawal options
Deel offers 15+ funding and withdrawal options, enabling your international team members to choose the most convenient method to receive their earned wages—not just direct deposit or paper checks.
From bank transfers to digital wallets, Deel's payment methods are flexible and convenient to ensure workers are paid quickly. For example, independent contractors can choose from nine different withdrawal methods, including Deel Card or Deel Instant Card Transfer, which allows them to immediately access their funds.
See also: 9 of the Best Ways to Pay Independent Contractors Online
Providing multiple payment options caters to the diverse needs and preferences of your international workforce, enhancing their satisfaction and financial flexibility. In turn, you can increase employee retention and attract top talent, showcasing your commitment to accommodating individual financial preferences.
Use Deel, an all-in-one global payroll solution
With Deel, you can pay your team members quickly and accurately, no matter their employment type or location. Manage independent contractor payments, direct employee payroll, and EOR payroll for your international workforce, all in one centralized platform.
From onboarding and payroll management to immigration and equity, Deel provides a unified HR solution for global teams. Use Deel to consolidate your HR tech stack, reduce cross-border payment complexity, and enhance efficiency across your payroll processes. Watch the video below to see how it works.
With Deel, you can run payroll around the world with ease. You'll be supported by a local payroll expert, a dedicated customer success manager, and 24/7 chat support with a 1.25-minute response time. Explore Deel’s Global Payroll to learn more or book a 30-minute product demo today to get started.
