Payability
What is Payability?
Payability is exclusive to our Planability users offering the first “Same-Day” payments solution built specifically for NDIS Service Providers.
Currently, Service Providers can wait a week or two for their invoices to be validated, approved and paid. These delays are a barrier to entry for many Service Providers to enter the NDIS, resulting in less choice for participants.
Our vision for NDIS solutions is to improve every interaction for stakeholders, with a specific aim to reduce the complexities of NDIS claims, and to improve the flow and speed of payments across the scheme.
The Credability Systems “Real-Time” claims process allows invoices to be paid as soon as they are approved.
How Payability works:
- Leverages Planability’s invoice ingestion and “real-time” NDIS claims approval
- Service Providers Payability invoices are electronically scanned and appear as priority invoices for you to review and submit
- Service Providers are paid promptly upon NDIS claim approval, via the Osko network, less a small payment processing fee.
- Allows you to pay Service Providers faster than the market, enhancing your business reputation
To support this product Credability Systems leverages our:
Australian Financial Services License (AFSL 467065)
Australian Credit License (ACL 390330)
ISO certification (ISO 27001:2013)
Benefits for Plan Managers
- Invoice scanning and processing with priority flagging for approval
- Reduced data processing time and cost
- No scanning fees for invoices processed using Payability
- Simplified single batch payment
- SaaS fee rebates based on monthly Payability usage
- Improved client and service provider satisfaction through faster payment processing
- Less inbound enquiries chasing payments
Benefits for Service Providers
- Reduced payment time to “same-day” payments.
- Your invoices will be prioritised by Plan Managers through an express mailbox.
- Improved cash flow for your business.
- Save time chasing payments
- Improved participant satisfaction
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Credability Systems, Credible Solutions
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