Banks charges are different; you can enquire from the salaries department of your bank.
The customer can contact Paynet directly or the Salaries department of their Bank.
The Paynet system provides a fast, convenient way of delivering payment instructions and receiving reports electronically.
The installation of the software, training and support is Provided for free by the Service provider to the customer.
The Paynet system makes use of the existing machines within the organisation.
The system is configured such that users are given Roles that relate to their Job description those responsible for the authorisation of manual forms retain the same function and their Usernames and passwords become their Electronic signatures
The customer is able to track their payments as the system provides Responses at each stage of processing which are displayed with each payment until status reflects that instructions has been processed
Transactions are done by a user creating it, then authorisers and approval users confirming it, each customer can be individually configured on how many approvals are required.
The reports are available in the system to print transactions summary and advices. All reports can be exported to excel and Microsoft word. Log menu to show all activities done by the user/approver and authorisers.
Imports are available from Computer Society Version 4, and comma separated value
Yes there is a difference in that the Payroll system prepares the salaries to be paid to the employees whereas Paynet does the processing of the salaries to the Bank.
No you need to have three different installations
Paynet is secure as it offers profiles with different User levels and Authorization of Payments. As your instruction leaves your Paynet system en-route to the bank your information is encrypted into a binary format as it goes through a secure port which only the system installed at the bank can decrypt into readable data.
Yes. You can use either the excel format or manually input using Paynet as it offers an option to manually input payments.
You only need an active internet connection when sending your payments to the bank. The importation, authorization of payments can happen without an internet connection active.
There are three levels of sets available, the Administrator, Users and the Authorisers.
Yes you can use as many accounts as you can because Paynet allows multiple accounts.