Metro
|
Name |
Ms Ange Hopkins |
|---|---|
|
Business |
Cherry Bomb Hairdressing, Collingwood, VIC |
|
Industry |
Hairdressing and beauty |
|
Locality |
Metro |
|
Number of employees |
Greater than 20 |
|
SuperStream solution |
Fund portal |
How did you hear about SuperStream?
I heard about SuperStream, via multiple channels, mostly the super funds themselves. SuperStream has come at us from a litany of angles; the ATO, the funds, all different avenues. I would be surprised if anyone in that professional space wasn’t now aware of it.
What did you do?
I’ve sorted SuperStream via a couple of different methods as I own a few different businesses.
Most of my hairdressers are with Australian Super and I’ve sorted SuperStream via Australian Super’s clearing house. I don’t have any self-managed superannuation funds (SMSF) for them.
For another one of my companies, I use Xero’s software. I make payments to over 20 staff, some with SMSFs, there is all different funds, all using the Xero interface.
Are you seeing any benefits?
SuperStream’s definitely an easier way to make payments that has reduced the super processing time. I don’t have to log into different sites to make different payments, it’s seamless. Processing time is now 5 minutes rather than 45 minutes. It’s hugely improved the time.
What is your advice to other employers?
The bigger the organisation; the better the streamlining. If you’re time poor SuperStream is a good thing to do.