Eiger Systems says the Department of Work and Pensions (DWP) has chosen its Bank Wizard solution to support the introduction of Direct Payment for the payment of state pensions and benefits.
The DWP is enhancing its computer systems in order to implement the Government’s policy of making Direct Payment into bank or building society accounts the normal method of benefit and pension payment. These include payments of the State Retirement Pension, Child Benefit, Incapacity Benefit, Disability Living Allowance, Income Support and Jobseeker’s Allowance.
“The Department is now handling bank account details at a vastly increased volume and the accuracy of these details is critical to swift and efficient payment processing,” says Hiten Kantelia, Sales Director of Eiger Systems. ” We are very pleased with their selection of BANK WIZARD to support this massive expansion in Direct Payments. BANK WIZARD will be available, via the intranet, to everyone in the Department whenever they require it.
The key to effective validation is to undertake it at the point of input, rather than later in the transaction when rectifying any error is much more costly. BANK WIZARD supports a wide range of operating platforms, which was a key reason for the product selection by DWP as they operate diverse systems from PC networks to mid-range and mainframe systems.”