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Payment Management - Managing your payments
 

One of the most pressing tasks for any business is keeping watch of cash outflow. Salaries, suppliers and creditors need to be paid. It is important that these are done accurately, with convenience and at the lowest cost possible. Of course, secured controls and checks are crucial too. At Alliance Bank, we manage all these for you and provide detailed data of payment for easy reconciliation.

 
One-stop Payroll Service
 

This service enables you to make salary payment to your staff/employee account maintained with Alliance Bank and other banks.

Benefits
  • Secured and convenient payment channel to disburse payroll transactions.
  • Simplified and easy to execute payment mode will significantly improve payment process and reduce administration costs.
  • Salary payment details can be imported directly from the customer's payroll system leading to maximise accuracy and minimise discrepancy.
  • Wholesome payroll solution as the service also encompasses contribution to Statutory Bodies such as Employees Provident Fund (EPF/KWSP) and Inland Revenue Board (IRB/LHDNM).
  • User access matrix can be used to segregate duties for HR and Non-HR staff to ensure confidentiality control when processing salary payment transactions.
 
Direct Pay (Bulk Payment)
 

This service enables you to make payment to your vendors and suppliers accounts maintained with Alliance Bank and other banks.

Benefits
  • Secured and convenient payment channel to disburse high value and high volume payments.
  • Simplified and easy to execute payment mode will significantly improve payment process and reduce administration costs.
  • Payment details can be imported directly from the customer's accounts payable system leading to maximise accuracy and minimise discrepancy.
  • Eliminate risk and administrative hassle associated to cheque payments and re-deploy human resources to core business activities.
  • Easy to reconcile and secured way of processing high value and high volume payment transactions.
 
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