WCT Optimizes Salary Settlement for Human Resource Services
In cross-regional and cross-country human resource services, salary settlement faces issues like significant exchange rate fluctuations, slow processing times, and high fees. WCT supports peer-to-peer settlement with multi-currency exchange, allowing companies to pay salaries to overseas employees using WCT. The smart contract automatically converts at real-time exchange rates, reducing the settlement time from 3-5 days to within 1 hour, and lowering fees by 60%. After adopting WCT, a multinational company reduced global salary settlement costs by 35%, increased employee satisfaction with salary disbursement by 45%, and simplified the cross-border human resource management process.