BES-SSSNET

 

What is the BancNet EDI System?

  1. It stands for BancNet Electronic Data Interchange System.
  2. An EDI application for the electronic transfer of information between employers, SSS and depository banks.
  3. BancNet (the VAN or service provider) provides the network connecting employers and the banks to the SSSNet System.

 

How do you Describe the BancNet EDI System?

  1. Browser-based Front End System.
  2. AMTrix Messaging System (data conversion to structured format / message routing).
  3. Informix Database
  4. Unix Operating System
  5. Intranet (Private Network)
  6. Network secured by "Firewall"

 

What is the BES-SSSNet Contribution Program?

  1. Electronic transmission of employer s Monthly Contribution List (MCL), Employee Pre-Validation File (EPF), Payment Order (PO), Debit Advice (DA) and Credit Advice (CA).
  2. Electronic remittance of payment to SSS.
  3. Acknowledgment of reports and payments.

 

What are the Future Services of the SSSNet via EDI?

  1. Loans Repayments
  2. Loans Proceeds
  3. Membership
  4. Purchasing / Trading (E-Commerce)

 

What are the Objectives of the BES-SSSNet?

  1. To improve delivery of service
  2. To provide convenience to SSS partners (banks and employers)
  3. To reduce manual operations
  4. To speed up processing and updating of employees data and remittance
  5. To immediately reconcile and post SSS contributions

 

Who are Qualified to Join the BES-SSSNet?

All SSS-registered Member Employers

 

How Can Employers Enroll for the BES-SSSNet Service?

Accomplish enrollment forms for the BES-SSSNet which is available at designated employer depository bank.

 

What are the Minimum Technical Requirements to Connect to BES-SSSNet?

  1. One (1) PC - Pentium Class with 32 MB RAM
  2. One (1) dial-up modem (28.8 to 33.6 kbps)
  3. One (1) dial-up telephone line (not necessarily dedicated)
  4. Browser - Minimum requirement is Netscape Ver. 4 or higher or Microsoft Internet Explorer Ver. 4 or higher

 

What are the Pre - Implementation Activities?

  1. The Bank shall coordinate with BancNet for the Orientation/Training for Enrolled Users.
  2. Enrolled Employers are required to complete a full test cycle:
  • Configuration of their Work Station (PC)
  • File Preparation: EPF and MCL
  • Employee Pre-Validation File (EPF) Testing
  • Monthly Contribution List (MCL) Testing

3. Cut-Over to Live Implementation

 

What is an EPF?

  1. The EMPLOYER PRE-VALIDATION FILE
  2. A formatted text file containing the list of employees
  3. To be transmitted to the SSS for validation against the SSS database

 

What is an MCL?

  1. The MONTHLY CONTRIBUTION LIST
  2. A formatted text file containing the employer s SSS remittances for the applicable month
  3. Deadline : Within banking hours of the 10th calendar day from the reference month

 

What will BancNet Provide to Enrolled Employers?

  1. Directory of Contact Persons (BancNet & SSS EDI Coordinators)
  2. User Orientation / Training
  3. Help Desk Service
  4. BancNet EDI System (BES) User Manual
  5. Enrollment Forms

 

SSSNet Terminologies
EPF - Employer Pre-Validation File
EVF - Employee Validation File
MCL - Monthly Contribution List (Replaces R3)
PO - Payment Order (Replaces R5)
PO/C - Copy of Payment Order
PO/RA - Approved Payment Order
PO/RR - Rejected Payment Order
DA - Debit Advice (Replaces SBR)
DA/C - Copy of Debit Advice
CA - Credit Advice
MCA - Monthly Contribution Acknowledgment
FT - File Transfer