New Feature: Batch Pay Beneficiaries
In March 2021, we introduced beneficiaries to the system (refer to our blog post dated 9 March). We’ve now expanded this feature to allow you to pay beneficiaries in bulk.
When creating a pay run, you can now download the GIRO export file next to the beneficiaries report in the same way that you would for the net salaries due to your employees. You can then upload it into your banking portal and pay your beneficiaries in bulk. This saves you the effort of having to set them up as recipients in your banking portal and there is no need to manually type the amounts that need to be paid to each beneficiary, reducing the risk of human error, which could be costly.
For more information on beneficiaries, check out our help page here.
If you need any assistance with this feature or you’d like to give a shout out to the team for their work on this, please reach out to our Support team.
Team SimplePay