SimplePay is a payroll system driven by the needs of its users. With that said, we’ve heard your requests for the ability to batch pay beneficiaries using an EFT export file and we’re happy to announce that this feature is here!
When creating a pay run, you can now download the EFT 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.