SuperChoice teams up with Sage MicrOpay
Friday, 30 July 2010 12:50pm
Superannuation exchange, SuperChoice, has collaborated with Sage MicrOpay to provide its customers with online super functionality.
The Sage MicrOpay Meridian software is used by around 2,000 businesses to lower administration costs, improve payroll accuracy and track and manage employee trends.
Craig Osborne, managing director at Sage MicrOpay, said many customers struggle with superannuation choice paperwork and fund compliance.
"Employers are frustrated with partial solutions that don't really solve their problem and are poorly integrated with their payroll software," he said.
Peter Philip, chief executive at SuperChoice, said MicrOpay, combined with the SuperChoice functionality, has made it easy for customers to process employee superannuation.
SuperChoice electronically handles default and choice contributions made by more than 50,000 employers on behalf of 1.75 million employees annually and is projected to process 20 million transactions this year.
"Feedback suggests the average small or medium business is making contributions to at least 12 funds, while larger organisations are often sending payments to many more," he said.
"MicrOpay customers appreciate the minimal effort required to pay employee super through their payroll system without having to log-on to a multitude of different systems to pay super."
Press release
