Hyphen Technology

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FACS

The traditional web application for your FACS transactions.

Current portal

AVS, TradeQuest, File uploads and downloads.

work smarter not harder

Payroll Collection Services

Payroll Collection Services accelerates the electronic collection, reconciliation and allocation of funds collected from payroll offices on behalf of corporate Clients.

Payroll Collection Services

This solution is designed to automate the process of collecting funds from the payroll offices of the Client’s customers. The system replaces the need to handle paper based collection schedules and alleviates the frustration resulting from manually reconciling and allocating the schedules to debtor accounts within the line-of-business system.

Fact Sheet

Services included in this solution

basics done well

Built-in Credit Management

You can manage the collection or non-collection of funds from various payroll offices through exception management.

eradicate unnecessary admin

VAT and Commission Calculation

Our PCS solution facilitates the calculation of collection commission and VAT, where applicable.

many payrolls

Single Collection Gateway

Payroll Collection Services offers a single payroll collection gateway which currently interfaces with many payroll points in Southern Africa.

many payrolls

Reconciliation

The system reconciles expected with actual deductions on the collection schedules, as well as physical payments made by payroll office into the bank account.

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