Benefit Management
Seamless benefits administration to enhance employee satisfaction and retention.
Customizable Accural Setup
♦ Configure an unlimited number of benefit accruals as per company policies.
♦ Set up each benefit accrual with defined categories, subtypes, and types.
♦ Define multiple benefit categories, subtypes, and types within the benefit setup.
♦ Customize benefit accruals based on carry-forward policies, additional amounts assigned to employees, and minimum accrual limits.
Employee Benefit Requests
♦ Map one or more benefit accrual categories at the employee level.
♦ Employees can request accrued benefits through a self-service portal.
♦ Supports various benefits like flight tickets, education loans, and medical reimbursements.
♦ Employees can view accrual statements, request history, and raise requests based on the approval levels of settlements.
♦ Employees and departments can efficiently track benefit accruals, ensuring transparency and accountability.
Daily Accural Tracking
♦ Benefits accrue daily, allowing employees to monitor their balances and entitlements up to the current date.
Statements & Reports
♦ Generates daily accural statements and customized reports.
♦ Helps HR teams track benefit utilization, pending requests, and financial impact.
♦ Maintains accurate records for audits and compliance.
Approval Workflow
♦ Ensures benefit requests go through a structured approval process.
♦ Approval hierarchy can be customized based on company requirements.
♦ Multi-level approvals enhance compliance and prevent unauthorized claims.
♦ Reduces errors and enhances security through predefined rules.
Multiple Payment Options
♦ Employees can receive benefits through bank transfers, cash disbursement, or payroll integration.
♦ Provides flexibility and convenience in benefit distribution.
♦ Automates payments to reduce delays and streamline transactions.
Customizable Accural Setup
♦ Configure an unlimited number of benefit accruals as per company policies.
♦ Set up each benefit accrual with defined categories, subtypes, and types.
♦ Define multiple benefit categories, subtypes, and types within the benefit setup.
♦ Customize benefit accruals based on carry-forward policies, additional amounts assigned to employees, and minimum accrual limits.
Employee Benefit Requests
♦ Map one or more benefit accrual categories at the employee level.
♦ Employees can request accrued benefits through a self-service portal.
♦ Supports various benefits like flight tickets, education loans, and medical reimbursements.
♦ Employees can view accrual statements, request history, and raise requests based on the approval levels of settlements.
♦ Employees and departments can efficiently track benefit accruals, ensuring transparency and accountability.
Daily Accural Tracking
Statements & Reports
♦ Generates daily accural statements and customized reports.
♦ Helps HR teams track benefit utilization, pending requests, and financial impact.
♦ Maintains accurate records for audits and compliance.
Approval Workflow
♦ Ensures benefit requests go through a structured approval process.
♦ Approval hierarchy can be customized based on company requirements.
♦ Multi-level approvals enhance compliance and prevent unauthorized claims.
♦ Reduces errors and enhances security through predefined rules.
Multiple Payment Options
♦ Employees can receive benefits through bank transfers, cash disbursement, or payroll integration.
♦ Provides flexibility and convenience in benefit distribution.
♦ Automates payments to reduce delays and streamline transactions.
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