Diasoft Automates Processing of Payroll Payments

February 27, 2024

Diasoft offers banks a solution for processing of payment registers received from corporate customers within the scope of payroll projects. The product is based on the microservice architecture, which allows quickly connecting new payroll customers thanks to easy customization of communication formats.

Product functions:

• Management of payroll contracts with organizations, keeping records of contract terms and conditions (the effective period, accounts, terms and conditions for return of payments).
• Processing of registers of salaries, bonuses, leave allowances, business travel expenses and other payments.
• Automatic verification of customer data and accounts specified in a register.
• Search for centralized payments (consolidated payment orders within a register) and their matching with processed registers.
• Generation of payment orders based processed registers.
• Generation of payment returns in accordance with register records and generation of correspondent payment orders.
• Email notification of users on register processing results.
• Support of different communication formats.

Processing of payroll registers from corporate customers is a labor intensive task for a bank employee. On payroll dates, this workload can grow multifold. Automated processing of payment registers helps to speed up this process, reduce human errors and increase the number of payroll projects.