Electronic
Data Interchange
The
electronic transfer of business information
from one computer application to another,
using agreed standards to structure
the data.
Paperless
Trading / E-Commerce
Benefits for the Employer
Speedy
transmittal of data and reports
Electronic mode of payment
Faster and accurate posting of contributions
Elimination of hefty documentation
The SSSNet Program
Electronic
transmission of employer’s monthly
contribution data and related messages
Electronic
Remittance of payments to SSS
Automated
Acknowledgment of reports and payments
BES
vs. Traditional SSS Remittance System
BancNet
EDI System
Available 24/7 (online)
Faster / accurate posting of remittances
Automation of SSS remittance processes
/ less manpower requirement