P&B Core

Fully in control of the disbursements process

Disbursements are for pension funds and administrators and insurance companies, an important part of their primary process. Recipients expects nothing less than correct, complete and timely payments. But that is not as easy as it sounds. Business processes of pension funds, administrators and (pension) insurance companies are complex and specific. For instance, how to deal with recalculations in case of retroactive disbursements or how to enforce a blockade on outgoing payments?
Key benefits
  • Fully automated payments process
  • Wide variety of features and flexibility
  • Data is ‘straight through processed’
  • State of the art communication mechanism to clients
  • Extensive security measures ensure correct, complete and timely payments
SaaS solution

P&B Core is a full feature SaaS solution. Nothing more than a web browser is needed. It features the full disbursement process is a unified manner, interfacing with the , the financial administration and the communication platform. We facilitate all maintenance and support needed, as well as ISAE3402, ISO27001 and ISO9001 certifications. Additional advantage is that our clients comply with risk management and outsourcing guidelines of the Dutch regulator (de Nederlandse Bank).

Financiële en standaardrapportages

P&B Core provides internal and external supervisors the opportunity to verify the complete cash flow, transactions and processes. Detailed financial reports are made available regarding gross-nett calculations, currency exchange, fiscal corrections, journal entries and data interfaced to ERP systems. Additionally, a range of standard reports is available for process verifications and four eye principle driven controls . All reports are calendar driven and can be exported in common formats such as .PDF and .XLS.

Digital communication with end users

Retail users demand an increasing amount of information regarding their disbursements. P&B Core therefore offers an extensive range of tools for communication, including specifications of all outgoing payments including annual reports. These can be distributed through client owned portals, the message box on Mijnoverheid.nl as well as hard copies through our print and mailing services. All reports can be presented according to the design principles of the client.

Would you like to learn more?

With a market share of over 50%, Visma Idella is the market leader in disbursements for the pension sector. For more than 100 pension funds and an increasing number of pension administrators, insurance companies and banks, we execute over 1.5 million payments (including annuities and disability payments) per month. Interested to learn what Visma Idella can do for your organisation?

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