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Product Updates: Payroll Improvements

Product Updates

Payroll

Accounting

Karolina Jarosinska

April 2, 2024

At Fyorin we understand that beyond receiving and sending payments in multiple currencies, payroll is also an important part of financial operations for global businesses. That’s why we have introduced some improvements to how you can manage and process payroll payments on the platform.

Accounting Integrations - Quickbooks, Zoho and Microsoft Dynamics

No more delayed salary payouts: If payroll fails due to insufficient balance, we will notify you immediately so you can change the account for that single payment run. In that way, your employees will get paid on time, every time.

Extra check for failed payments: If you’re an admin, you can now check the details (or download as a CSV) of failed payroll entries before reattempting or cancelling.

Granular control: From now on, the second approver in the approval process will be able to see a complete list of the entries or even download it before proceeding with the approval.

Separate references: If you need to apply different references for different employees you can now do that by updating it in the payroll file or otherwise, leave it blank so it reverts back to default.

Easy access to employee details: The more employees you have the more difficult it may be to find their details to complete payroll files. You can now use search functionality and see their full details, including banking details, in the sidebar when you click on their name.

Clearer UI: To make the interface a little nicer to the eye we made some changes to the payroll table. Now you will see a button called ‘Actions’ where you can review payroll entries.

In case you’d like more details on how to process payroll with Fyorin, check out this video or download the factsheet.

Interested in paying employees globally?

Get in touch with us if you’d like to start processing global payroll with efficiency, speed and at lower cost. Book a demo or drop us an email at [email protected]

Karolina Jarosinska

Product Marketing Manager

Karolina is the product marketing manager at Fyorin. She deep dives into topics like fintech, payments, unified treasury to extract the recent trends and insights and bring them to Fyorin's audience.