Head of Animal Webaction Bulk transfers can be used for paying supplier invoices within the SEPA zone only. To streamline payroll Paying salaries is a timeconsuming task for the payroll manager or the manager handling employee pay. You need to enter the IBANs of all new employees and prepare each employees salary payment. Whether your team has or employees preparing payslips and carrying out the transfers takes time and care . Some services like PayFit a service specialized in automating payroll and HR processes allow you to export an XML file that contains all your teams payment.
Ainformation last name first name payslip payment amount and IBAN. An XML file is a file that structures and saves data using a programming language called XML which is short for photo retouching Extensible Markup Language. You can also export that file in CSV format a format Excel uses and reads. Thanks to the Qonto xup to employees at once in just a few clicks. I perform bulk transfers each month to pay my employees salaries. At ATAWA we also use Payfits payroll solution. Were currently a team of and I used to have to pay them individually via my traditional bank.
Now I only need to carry out a single operation grab my XML file and upload it to Qonto. I can do all of this in under minutes which is super fast and extremely useful. Sbastien Kozoris Financial Manager ATAWA For your custom needs This feature wasnt only designed to pay suppliers and your employees. There are multiple ways you can use it. Imagine you already spend too much time already initiating bank transfers. Then bulk transfers can help you save time and effort and focus on things that matter more to you in your business instead. Also no need to worry about exporting an XML file to perform bulk transfers.