HRMS SOLUTION UAE | HR SOFTWARE DUBAI
Loan & Advance Management with HRMS Solution UAE
HRMS Solution in UAE loan Management is a software that can manage a complete loan cycle of employees including EMI Option. Our HRMS Loan module helps the user to setup different loan policies, allocate approval hierarchy, conduct verification process and approve loans for employees. There may be in each organisation situations where Employer to give loans to their employees in order to ensure the employee’s satisfaction and to Avoid financial stress.
The HRMS Solutions in Dubai, UAE will have the option to apply loan by the employees directly. These request will be approved by the approver with EMI or One time payment including interest charging if required.
WHY YOU NEED LOAN MANAGEMENT IN HRMS SOLUTIONS UAE
Most of the companies, there will be a provision to provide loan and Advances to its employees when ever employee need it in a emergency situation. In order to manage all types of loan amounts, like to whom it paying with Employee name, how much amount is approved, How much is the EMI; when is the EMI date; Whether every month salary process EMI have to deduct, all these records are maintained at single platform a Best Customized HRMS Solution in UAE. The module will also calculates the EMI as per the granted loan amount.
Key Features of Loan & Advance Management in HRMS Software in Dubai, UAE
- Handling different types of loan.
- Loan can be calculated with interest calculation.
- Online Loan Request through web application using browser from the employee based on the policy.
- Loan approval process with the help of approval process setup in system.
- Option to Manage EMI.
- Different types of loan repayment option.
- Loan outstanding & loan ledger for finance employee wise can be taken.