Loan and Advance Management
Simplify managing employee loans, advances, and provident funds with a streamlined interface that enables quick and accurate processing. This tool ensures transparency and flexibility for employees and HR managers, maintaining financial clarity.
Key Features
Enhance Transparency and Efficiency in Loan Processing
- Select loan types, including loans, advances, and provident funds.
- Input and track employee details, including loan and recovery amounts.
- Flexible loan recovery methods and installment payment structures.
- Set payment and loan recovery start dates for accurate scheduling.
- Monitor deduction values and ensure correct financial processing.
- Easy-to-use interface for submitting and managing requests.