Recently, Airwallex officially joined hands with CDP Group, a leading HCM SaaS+ integrated HR service provider, to establish a global financial payment partnership. This powerful alliance integrates the advantages of both parties to jointly create a “global payroll + cross-border payment” closed-loop solution, which provides Chinese overseas enterprises with a more powerful and convenient global human capital management solution and accelerates the internationalization layout.

Why do companies going overseas need global payroll integration?

Cross-border businesses often face:

• Long payroll cycles and high processing fees in multiple countries
• Uncontrollable labor costs due to exchange rate fluctuations
• Localized Tax Compliance Risks Follow Us

CDP×Airwallex The answer is--

Focus on customer value and empower enterprises to go overseas:

• Significant cost reductions and efficiency gains: By deeply integrating Airwallex's global payment network, we help organizations significantly reduce cross-border payment costs (e.g., payroll, supplier settlements, etc.) and dramatically increase the speed of funds flow.
• Efficient collaboration throughout the process: Within CDP's integrated HCM SaaS platform, organizations can efficiently complete global payroll calculations, multi-currency payments and automated reconciliations, saying goodbye to cumbersome multi-system operations and improving the efficiency of financial and human resources collaboration.
• Global Compliance Escort: Combining CDP's global employment compliance expertise with Airwallex's payment routing that meets local regulations, together they provide a solid and reliable compliance guarantee for corporate cross-border fund flows and human operations.
• Eco Seamless Expansion: The solution not only covers employee payroll, but also seamlessly supports diverse B-side payment scenarios (e.g., e-commerce collection, advertisement placement, supply chain settlement), and optimizes the payroll collection and usage experience of overseas employees.

For customers, this means:

• Lower global operating costs, higher cross-border payment efficiency.
• More streamlined global human and financial management processes.
• Stronger confidence in compliance and greater peace of mind for international expansion.
• A more complete payment ecosystem to support diversified business needs.

This cooperation is an important step for CDP Group to build a global digital infrastructure, and Airwallex will work with CDP Group to explore technological innovations, continuously optimize the integrated service capability of “manpower + payment + tax”, and dedicate to “make global business work without boundaries! ”Airwallex

Starting today, make your cross-border payments and global HR management smarter and smoother with the power of CDP and Airwallex!