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HR & Payroll Solution that Automates Loan Management

Loan Management

In a company the loans disbursed to an employee have to be scrutinized from time to time and entries must be made regularly to keep the record up to date. AccuPAY has a unique and powerful loan management module that facilitates your HR department in performing loan related activities. The loan management module makes loan application and its approvals more transparent and helps maintain a loan master to record the loan entries for all employees. The posting of interest can also be done on time through the system. You can create various loan types, loan entitlement groups and assign the groups to particular grades. Interest slabs for loans can also be defined and the related document types for each loan can be recorded.



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