How Does it Work?
SuperChoice is a "white-label", fully hosted, online application that is branded to match the look-and-feel of the fund and is fully integrated into your web infrastructure.
Employers connect through a secure web connection and can make contributions easily through connections to virtually any payroll system. The SuperChoice Payroll Wizard makes it easy for fund administrators to configure a new payroll file for an employer in minutes - providing the ultimate in flexibility and customer responsiveness. Smaller employers without payroll systems are equally well catered for with an intuitive and familiar spreadsheet-style of data entry allowing staff contribution details to be saved for use in the future.
Fund member amendments are supported including new members, exiting members and member changes.
All contribution types and fund structures are supported and SuperChoice can be configured to handle any type of pension or superannuation fund. Full choice-of-fund support means that employers can meet their statutory requirements to pay contributions to any superannuation fund with a single payment. The SuperChoice Clearing Service also automatically handles splitting of contributions and the transmission of information and payments to any superannuation fund in Australia, including DIY funds.
All electronic payment types are supported and payment authorisation is maintained within the complete control of the employer. Authorisation levels can be set to require dual authorisations or to limit permitted functions to certain personnel.
SuperChoice supports a highly configurable STP engine for interfacing with fund administrators back-office systems. Any file format, security protocol or interface standard can be supported. Two-way communication ensures that employers are kept fully informed of the status of contributions being processed.
