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SuperChoice added to MicrOpay for simpler super processing
SuperChoice superannuation exchange is collaborating with Sage MicrOpay to give its customers access to Express Super, an online superannuation processing functionality.
The functionality has been integrated into Sage MicrOpay’s Meridian payroll software, meaning clients can process employee superannuation requirements easily online, according to SuperChoice.
The average small or medium business makes contributions to at least 12 funds, while larger organisations often send payments to many more, according to SuperChoice chief executive Peter Philip.
The MicrOpay system means customers can pay employee super through their payroll system without having to log on to multiple systems, he said.
Sage MicrOpay managing director Craig Osborne said many customers struggled with superannuation choice paperwork and fund compliance.
“We sought to collaborate with the leading clearinghouse provider to help manage this problem, and also help our customers realise the benefits of a paperless office environment,” he said.
Employers were looking for solutions that would reduce the red tape of making super contributions, he said.
Philip said payroll software was an important channel to drive take-up of e-contributions, which would result in cost savings.
“The burden of compliance is increasing for business and using electronic solutions like MicrOpay and SuperChoice have announced will become the standard way of doing things in the next few years,” he said.
AUTHOR
Mike Taylor
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