Bayanat SPM
A technology-independent Salary Payment Management Solution that is based on the world’s latest guidelines and best practices for Bulk Payment solutions.
Through Bayanat SPM, Banks can now offer their corporate clients the means to securely and swiftly perform bulk salary transfers through straight forward processes utilizing existing payment solutions, seamlessly integrating with backend banking solutions. It also provides corporates with self-service, connective means to manage their accounts and employee data, perform validation on different levels, as well as run analytical reports.
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System Functionalities
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Scheduled Auto Bulk Salary Payments
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Multi-Channel Salary Upload Process (User Forms, Excel Imports)
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Employee Salary Data Management (Add, edit, remove, update, export … etc.)
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Payment Data Validation
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User Authorization – Multi-Level Verification
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Monitoring - Audit log for all user actions and transactions
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Admin Management Tools
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Reporting and Analytics
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Salary payment history report per user.
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Salary payment history report for all SPM users and transactions
