SmartPay

PayGo directly connects with payroll systems to calculate insurance premiums from actual payroll data. This functional design eliminates reliance on estimated wages and delivers accurate, system-generated calculations at every reporting interval.

SmartPay features ‘Audit Management’ that automates audit preparation by basing payments solely on reported payroll. Its built-in classification checks and reporting functions increase accuracy and reduce manual corrections, supporting smoother year-end audits within the system.

Payments are generated automatically as payroll is reported. This scheduling feature distributes premiums evenly across the policy term, removing manual payment handling and ensuring timely processing without administrative intervention.

The payroll reporting feature allows employers to submit payroll data easily through SmartPay’s extensive onboarded payroll network or via simple self-reporting. This flexibility ensures timely updates to premium calculations while reducing the administrative burden for both agents and employers.

The security feature ensures compliance through SOC-certified infrastructure that protects sensitive financial data. By safeguarding transactions within a secure, web-based environment, SmartPay provides stakeholders with confidence in data integrity while consistently meeting industry regulatory and privacy standards.