EBSphere offers full HR & EB integration solution

Brian Rosen, founder of EBSphere.

Everest.net enhances employee experience and payroll and employee benefit administration.

EBSphere’s integrated accounting and administrative workflow software solution, Everest.net, has been digitised and overhauled to enable HR to collaborate both internally with staff, and externally with related institutions, including banks, SARS, asset managers, fund administrators, and insurers.

The Everest.net product suite allows, via a single-view dashboard, real-time, simultaneous fund accounting, and fund and investment administration, which delivers immediate transacting capabilities and fully reconciled accounts. It verifies bank accounts in seconds, and an integrated finswitch investment mechanism delivers automatic pricing and trades, while the automated claims process shifts the focus to client service rather than production.

The solution hosts fund accounting, fund and investment administration, built-in workflows, document warehousing and communication capabilities. Built with a secure, intuitive interface, the solution caters to all types of funds, group risk policies, pension and provident funds, funeral plans, trusts and annuities payrolls, including the deduction of PAYE tax, additional tax, medical aid subscriptions, and housing loans.

“It’s administration and employee benefits made easy, no matter your industry or the size of your organisation. Everest.net gives you the peace of mind of a time-saving, all-in-one management, administration and accounting system with real time reporting and exceptional user support from an easy-to-use platform,” says says Brian Rosen, founder of EBSphere.

Additionally, the upgrade includes improved the user experience for employees. The employee experience (EX) system design elements included in Everest.net include integration with a smartphone app, which gives employees who use Apple and Android devices the ability to easily access their profile details.

“EX is an important emerging workplace trend as it materially impacts on employee satisfaction, productivity and efficiency. It has therefore been a key design element incorporated into the upgrade, in line with global trends that aim to create a social, mobile, and consumer-centric experience for employees,” explains Rosen.

“The online web portal offers even greater functionality, with easy, intuitive access to important and pertinent information, such as latest fund values and benefit statements.

“Our employee benefits administration solution is specifically designed to meet the unique needs of the local market, with additional functionality that simplifies the role of HR management. In addition, our web-based Everest Payroll Integration of Contributions and Claims (EPIC) enables HR to upload company payroll files for the online reconciliation of data, including new entrants and increases,” says.

He says HR teams can submit claims online, which significantly speeds up the submission processes. The intuitive interface works with any payroll system and ensures accurate, thorough and up-to-date data is used eliminating the need to manually input data which sometimes results in costly mistakes.

Flexible communications between clients and the HR departments and employees is made more effective with SMS, USSD and e-mail functionality, creating clear channels for the sharing of pertinent information.

“Everest.net’s latest iteration runs on a streamlined platform that is faster and more secure. Security is paramount, which is why we contracted SensePost to perform extensive penetration tests to ensure security of the web application,” explains Rosen.

Everest is compatible with Microsoft SQL Server 2005 to Microsoft SQL Server 2016. Integration with the Windows Lightweight Directory Access Protocol, or LDAP also allows users to utilise the same password as their Microsoft computer, which updates automatically with changes for added ease of use.

The platform’s beta testing period commences on 24 November, before the platform goes live in March 2018. For more information, visit www.ebsphere.com.