An ISO/IEC 27001:2022 Certified Organization
What SimPay does for you
A Remarkable Workflow and Collaborative Application
for Commission and Incentive Calculation, GST Calculation,
Invoice Generation, and Payment Tracking
Simplifies complex Pay-out Calculations
Tailor payment structures for partners and simplify payment setups without complex coding
Maximize recovery of your GST input tax credit
Incorporate GST calculation, reporting, and invoice generation for tax compliance
Manage Exceptions and Cancellations
Manage exceptions and cancellations for accurate commission payouts including retrospective cancellation management.
SimSwagat
(Partner onboarding)
Simplifies the complex process of partner onboarding, offering a comprehensive workflow that ensures no detail is overlooked
Automates end-to-end Pay out Process
​Automates commission calculations for various channel partners
(DSAs, DDSAs, and DSEs)
User Management System and Audit Trail
Assigns responsibilities and control to authorized personnel. Provides a detailed audit trail of all activities
Templatization of
Business Rules
Users can configure payout structures into business rules or templates, streamlining the process further
Invoice generation and tracking
Enhances payment management by providing visibility into invoice status, creation, distribution, and payment
Enhances Workflow capabilities
Tailor workflows to your needs by incorporating approval procedures, escalation protocols, and notifications
Simulation & Forecasting
For sales and product teams, it offers Excel downloads for analysis and up-to-date information on the latest payout data
SimCare
(Partner Servicing)
Intuitive front-end menu that empowers authorized third parties, such as Direct Selling Agents (DSAs), to manage business activities efficiently
The SimPay Advantage
SimPay has a flexible and scalable interface that can be customized for specific products. It's user-friendly and minimizes IT intervention. The audit trail feature ensures transparency and accountability
Integrations
• CSV
• Excel
• Database
• API
Template Based
• Highly Customizable
• Scalable
• Handles complex payouts
• API
Partner Specific Module
• Collections
• DSA, DSE, DDSA
• Business Correspondent
• More to Come…
Compliance
• Maker/Checker
• Audit Trail
Others
• Role based access
• Invoicing & tracking
• User focus & driven
• GST Calculations
• Payment workflow
Explore our other suite of Products
Everything you need for your lending business!