Everything that helps you to manage core HR functions. Maintain complete employee database, payroll details and much more. Key features consist of modules that will streamline your employee management process and payroll related job. Avoid duplications and inconsistent data.
Many companies support their employees in case of cash requirement by providing them interest free or minimal interest rate loans. Employees can apply for loans online through ESS. Instant approvals by boss and HR online. HR can design the Loan payment system as per employee. Auto calculation of interest, and all other calculation options are available. EMI are auto deducted in Salary and receipts are generated . Various options available for settlement of loan and for redesigning of existing loan pattern.
HR managers can maintain complete history of loans taken by certain employee. Maintain records of missed, carry forwarded and paid EMI. With unique loan id employee and HR manager can track any details any point of time