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We have developed the Netcash system with the understanding that offering integration to our merchants existing management or payroll systems is essential to enhance their efficiency. Our Channel Partners are companies with synergistic product and service offerings with integration capabilities to the Netcash system.
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Product: Profida
Company: Computer Science Software (Pty) Ltd
Website: www.profida.co.za
PROFIDA is an Integrated Insurance Management System used by Underwriting Managers, Cell Captives and Administrators within the Insurance and Financial Services Administration Industry.
PROFIDA allows the monthly, quarterly, bi-annually, annually and ad-hoc collection of premiums and the management of various methods of payment.
For bank debit order collections, PROFIDA generates the debit file, which is emailed to Netcash for processing. Record is kept on PROFIDA to the lowest possible level of each transaction and returned premiums and cancellations are managed. Unpaid files with the details of rejections and redirected bank accounts issued by Netcash are imported into PROFIDA. The account information is automatically reconciled and adjusted.
Correspondence is triggered automatically based on the reasons of unpaids imported or manual captured. Double-debits or cancellations are automatically put in place on the policy (depending on reason). Bordereaux, income statements and rejection lists as well as commission statements are accessible at any time for reference and statistical purposes.
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