Posts tagged [Upload Payslips for Previous Periods for Income Verification]

Income Verification Sage Pastel Payroll

Published on 2016-12-18 11:19 AM by HH Accounting

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)

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