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Simplify Partner Pay-outswith SimPay

​India’s First comprehensive application for
pay-outs to channel partners for Banks and NBFCs!

SimPay Benefits

Simplifies complex Pay-out Calculations

  • Customize pay-out structures to meet partner requirements

  • Simplify pay-out setups effortlessly, no extensive coding is required

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End-to-end visibility of Invoice generation and tracking

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  • Provides visibility into invoice status, generation, partner distribution, and payment

  • Enhances transparency and streamlines outstanding payments Management

 User Management System and Audit Trail

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  • Efficiently assigns responsibilities and control to authorized personnel

  • Provides a detailed audit trail of all activities

Simplify Exceptions and Cancellations

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  • Manage exceptions and cancellations to ensure accurate commission payouts

  • Effectively handles deviations from standard processes and manages cancellations retrospectively 

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Simulation

SIMPAY serves as a forecasting and decision-making tool, catering to the needs of product teams and sales teams alike for trend analysis. Its front-end feature enables utilization based on existing data, empowering users to forecast accurately. Moreover, it offers Excel downloads for reporting and analysis purposes, ensuring comprehensive insights. Notably, SIMPAY's flexibility extends to its capability to run on current month's payout data, providing up-to-date information for informed decision-making.

 Maximize recovery of your
GST input tax credit

Filling Out Tax Form
  • Include GST calculation and reporting for tax compliance

  • Generates and dispatches invoices to partners

Automates end-to-end Pay out Process

  • Streamlines the entire pay-out process for channel partners

  • Automates commission calculations for various channel partners
    (DSAs, DDSAs, and DSEs)

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Enhances Workflow capabilities

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  • Pay-out process follows a predefined sequence with relevant stakeholders

  • Customize workflows, including approval processes, escalation  and notifications

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Templatization of Business Rules

SimPay is equipped with a front-end based interface that is both flexible and scalable, ensuring adaptability to evolving needs. It offers a highly parametrized system that can be easily customized according to specific product offerings. Designed with business users in mind, it provides functional simplicity, minimizing the need for IT intervention. Its audit trail feature, incorporating a maker-checker system, ensures transparency and accountability. Additionally, users can configure payout structures into business rules or templates, streamlining the process further.

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SIMSWAGAT

Manage Partner onboarding smoothly. Two-way data capture - either the sales manager inputs data or the partner is provided with a link and they input the required data. Sign agreements and archive partner documents all in one place.

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Partner Portal

Provide quality service to your partners with SimPay's partner portal. Provide your partners with a one-stop solution for dashboards, and invoicing (view, input blank fields, download & upload, digitally sign). Provide reports to your partners in a detailed and transparent manner.

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