{"id":17581,"date":"2022-08-11T19:55:09","date_gmt":"2022-08-11T19:55:09","guid":{"rendered":"https:\/\/migration.stradaglobal.com\/library\/case-study-commodity-organisation-using-strada-payment-services-to-manage-payroll-payments-to-their-global-workforce\/"},"modified":"2024-09-23T17:15:20","modified_gmt":"2024-09-23T17:15:20","slug":"case-study-commodity-organisation-using-strada-payment-services-to-manage-payroll-payments-to-their-global-workforce","status":"publish","type":"library","link":"https:\/\/oldsite.strada.client.lbrn.io\/asia\/library\/case-study-commodity-organisation-using-strada-payment-services-to-manage-payroll-payments-to-their-global-workforce\/","title":{"rendered":"Case study: Commodity organisation using Strada Payment Services to manage payroll payments to their global workforce"},"content":{"rendered":"\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading\">The Challenge<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Employees were unhappy as they were not receiving their pay on a timely basis and in some cases not in their preferred currency, requiring another conversion at their own expense. A mixed local and expatriate workforce meant increasingly complex payroll demands for the company, with employees wanting greater flexibility and how and where their salaries were paid.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company wanted a better way to manage its payments, centralise their banking relationships and enhance employee satisfaction. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Outcomes<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">By using Strada Payment Services, the organisation was able to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Increase currency and country coverage<\/li>\n\n\n\n<li>Centralise payment and treasury reporting<\/li>\n\n\n\n<li>Cut payment charges by 50%<\/li>\n\n\n\n<li>Remove the need for ongoing FX adjustments<\/li>\n\n\n\n<li>Reduce payment time from 5 days to 1 day, improving the organisations payment cycles and cash flow<\/li>\n<\/ul>\n<\/div><\/div>\n","protected":false},"featured_media":9010,"template":"","library-category":[2676],"solution":[2775,2772],"theme_tag":[2776],"class_list":["post-17581","library","type-library","status-publish","has-post-thumbnail","hentry","library-category-case-studies-asia","solution-global-payroll-asia","solution-payroll-asia","theme_tag-payroll-asia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Case Study: Strada Payment Services | Strada<\/title>\n<meta name=\"description\" content=\"With Strada Payment Services was able to manage its payments, centralise their banking relationships and enhance employee satisfaction.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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