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Accuracy. Compliance. eRAD.

Effortless management of your client accommodation payments and contributions.

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eRAD - electronic Refundable Accommodation Deposit


eRAD is the perfect solution to successfully managing all your accommodation payment requirements for your aged care facility. With eRAD you can be confident you are in control of payments under the new LLLB structure as well as your existing bonds. Automatic calculations, refund statements and comprehensive financial reporting are included, plus much more; all in one application.


Features and Benefits

  • Accommodation Payment Calculations
  • Automatic calculations of end of month deductions for all accommodation payment types
  • Reports
  • Extensive reporting capability including monthly charges summary and compliance data
  • Variations
  • The clever variation feature makes managing changes to accommodation payments easy
  • Payments are automatically recalculated from the effective date of the change
  • Refund Statements
  • Refunds are made easy with the automatic calculation of interest payable and refund amounts due
  • Comprehensive refund statements available any time at the click of a button
  • Facility Overview
  • Easy to read charts and summary of key data on the current position of your aged care facility
  • More great features
  • Fully customisible deduction rules for each resident
  • Annual Prudential Compliance letter available each year
  • Government fees and charges automatically updated
  • Resident records automatically archived once refunded

eRAD Connections

Connect with NeRA to share common data. Connect with eDB for real time reporting and analysis.



LINKS TO PRODUCT CONNECTIONS
NeRA Icon eDB Icon


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