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SSS Net enables your company to electronically remit your employees’ monthly SSS contributions through the secure network of China Bank and BancNet. This replaces the current manual practice which requires many more steps.
Converting from manual to electronic does not require you to do any revision of your company’s existing payroll sysyem. SSS Net provides a middleware program that will convert your current payroll output to conform with the new SSS electronic format.
Furthermore, with SSS Net there is no need to go to the bank to pay and get the receipt (SBR) then file them with an SSS branch. Right at your company PC, the remittances and the debit instruction can be made anytime of the day, any day of the week. There is also no need to submit quarterly reports to SSS. |