BEE Calculator Software for Companies
The Amended BEE legislation which has come into effect on the 1st of May 2015 has added a whole lot of complexity to the B-BBEE Scorecard.. Companies are finding that in order to keep up with these changes and to ensure that their compliance with the B-BBEE Codes is kept on track, acquiring access to reliable scorecard software is becoming essential. BEE TRAX™ for Companies offers a host of value-added benefits:
- Extraction of Indicative BEE Scorecard & Tracking Reports for strategic and planning purposes
- Data importing spreadsheet (Excel format) for mass data imports & collation of data from different departments
- Merge Scorecard functionality to seamlessly merge group scorecards / subsidiaries into a consolidated scorecard
- Frequently Updated Industry Norms & Economically Active Population statistics per STATSSA & the DOL
- Integrated Shared BEE Certificates database for validating supplier records against actual BEE ratings & for sourcing supplier certificates
- Unlimited scorecard scenarios based on planned compliance interventions on current codes, sector codes & revised BEE Codes
- Includes scorecard & calculation updates in line with new and amended BEE legislation & ongoing improvements in functionality
- Built-in functionality to securely transfer completed scorecards to any one of the accredited verification agents using the software platform (list available on request)
- Telephonic & E-mail B-BBEE Advisory/Support (for technical questions related to the legislation and calculations & to provide guidance on compliance interventions as and when required) – A virtual B-BBEE Helpline!
Business Management Software for Verification Agencies
BEE TRAX™ for Agencies is a B-BBEE software platform by Progressive Data Solutions that is customized to include the Verification Agent's SANAS accredited Management System, Document Controls, Process Flows and procedures.
The software includes tools to assist in the everyday management of the agency or audit firm, its systems and processes and incorporates BEE calculators on all gazetted sector codes as well as the Amended B-BBEE Codes of Good Practice. BEE TRAX™ can be customized to suit the particular Verification Agent's views and interpretations on the various aspects of the BEE Codes and their application. “BEE TRAX™” is more than just a scorecard calculator, it is a management tool that can be used to manage every step in your verification process, all individuals involved in the process as well as scorecards and clients. The system has fast become one of the leading BEE software systems available due to its dual nature as a business management tool and scorecard calculator.
A few of the key points that differentiate BEE TRAX™ from other B-BBEE Software systems:
- All gazetted Sector Codes as well as the DTI Revised Codes of Good Practice are included (at no extra cost);
- All current templates used by the verification agency can be incorporated in the process steps (application forms, engagement docs, planning docs, reports and certificates etc);
- Existing client databases can be imported into the system for a running start on renewals;
- The process steps from receiving the application form to completing the file review and issuing the certificate and report are fully customizable according to the particular Agency's process;
- The system caters for various levels of access rights for different users and has built in security features to assist in protecting the agency's intellectual property;
- BEE Trax is a Microsoft-based application which means that it interacts with Microsoft Word and Excel for templates and reports and with Microsoft Outlook for sending meeting reminders and other system generated e-mails to clients and employees;
- Having a community of SANAS accredited verification agents and auditors using the system means that there are continuous updates and improvements made at no extra cost;
- As the system can be customized to suit each agency's process, it can also handle different interpretative rules determined by each individual agency using the system;
- Our fee structure is affordable and is based on an initial once-off development cost plus a monthly rental fee based on the number of verifications completed using the system each month.
If you’re interested in either a live or virtual demo of the software, please Contact Us today.
TRAX LITE™ for Consultants
We have an innovate new version of BEE Trax Software available for BEE Consultants & Verification Agents entering the market or operating on a smaller scale or budget who wish to harness the power of the same software that is trusted by a large base of SANAS accredited verification agencies nationwide. This cost effective version of BEE Trax can be used to manage BEE Scorecards and Scenario's for an unlimited number of companies. Create scorecard scenario's for your clients to compare the current set of BEE Codes and the impact of the Revised Codes at the click of a button. BEE Trax Lite can also be used to transfer complete scorecards (including linked evidence) between Consultants & Verification Agents using our system through a secure ShareKey facility. Contact us today for more information regarding this offer!
Please visit www.beetrax.co.za for more information & updates.