Combining e-Schedule with the Paynet system simplifies reconciliation.
The need for Service Companies who offers group schemes such as Medical Aid, Pensions, Insurance, Funeral Policies and other related services is to maintain an up to date database of all contributing members, and to collect appropriate contributions from participating companies electronically.
We are offering your business an automated platform that links the central database housed at your company, as the Service Provider to databases at the various institutional members. Through this electronic process, the central database is periodically updated using data received from corporate members. The platform is capable of facilitating the movement of payment from institutional members to the Service Company’s bank account using the Paynet system.
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The Paynet Statements module allows corporates to request statements electronically from their Financial Institution at their convenience.
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