Super clearing service specialist SuperChoice has upgraded its technology capabilities by acquiring a software provider, SuperConnect, to electronically source and remit superannuation contributions from company payrolls.
The chief executive of SuperChoice, Peter Phillip, said the acquisition would add to SuperChoice’s online super commerce capability.
The SuperChoice clearinghouse service validates super contributions upfront, cutting data rejection rates by more than 9 per cent.
Phillips said SuperChoice would continue to improve the efficiency of the super industry with electronic solutions for customers.
