Posts tagged [Income Verification]


  • Income Verification Sage Pastel Payroll

    What Is Income Verification?

    With Sage Pastel Payroll & HR 2017 Update 2b & 3, clients will have the option to participate in
    the Income Verification programme.


    Explanation of Income Verification
    Income Verification enables organizations to upload their employees’ payslips through Sage
    Pastel Payroll & HR, to a secure online platform.
    Registered Financial Services Providers (FSP) who also partake, can then access the
    necessary payslips once the individual provides permission to the FSP to do so.


    For example:
    Previously, if John wanted to apply for vehicle finance at Wesbank, he would have had to
    provide either 3- or 6-months’ worth of payslips along with his other documentation.
    Going forward, if John’s employer is participating in the Income Verification program, then
    John simply has to give Wesbank permission to access the necessary payslips.

     

    How to participate (Click on Read More Below)

    Read More  

  • Sage Pastel Payroll Update 2B

    Sage Pastel Payroll Update 2B is now available for download (24MB).

     

    Changes Include:

    • Income Verification
    • Years of Service on Custom Payslip Correction
    • Maintenance on Payroll Summary Report
    • Maintenance on Uploading Payslips to Self Service for Previous Periods

    Other changes include Rebuilt Totals which removes duplicate transactions, additional options for the Payroll Summary report and maintenance was done on loans/saving/garnishee balances after year end.

    *Remember to Run Your Legislative Release once you have installed Update 2B

     

    The most exciting of these changes must be Inome Verification.

     

    With Sage Pastel Payroll & HR 2017 Update 2b, clients will have the option to participate in the Income Verification programme.

    Income Verification enables organizations to upload their employees’ payslips through Sage Pastel Payroll & HR, to a secure online platform.

    Registered Financial Services Providers (FSP) who also partake, can then access the necessary payslips once the individual provides permission to the FSP to do so.

     

    For example:

    Read More