Global payments involve issuing payments to vendors and employees around the world on a company's behalf. This typically includes verifying payment details, determining the correct currency and payment method, and ensuring the payment reaches the recipient in line with agreed terms.

Yes. Orion processes payments to both vendors providing mobility-related services and employees receiving reimbursements or relocation-related payments, consolidating both under a single payment process.

Countries a company pays into infrequently can be administratively difficult for accounts payable departments, since they may not have in-house knowledge of how to efficiently handle foreign payment requests. Processing these payments internally can result in long gaps between expense submission and payment, sometimes leading to late fees.

Yes. Orion processes payments in essentially any currency, handling the currency conversion and compliance requirements that come with paying recipients in a country outside a company's usual payment footprint.

Payment terms are typically established during a scoping conversation covering the types of payments being made, the countries involved, the frequency and currencies required, and any existing invoicing requirements.

Multi-currency payments are typically converted and coded at the time of payment, with reporting that reflects both the original and converted amounts. This allows finance teams to reconcile payments against budgets without manually tracking exchange rates for each transaction.

Yes. In certain cases, Orion can front payments on a client's behalf and consolidate the related expenditures into a single invoice at the end of a billing cycle, rather than requiring payment before each individual invoice is finalized.

Late fees typically result from payments being delayed while a company's internal team determines how to process a payment to an unfamiliar country or vendor. Establishing a dedicated process for these payments in advance is the most common way companies avoid this.