If you get the right tool, your life will become easier! It is true in every field, be it constructing a house, building a road, or managing your office expense claims. If you get a right budgeting tool, you can easily manage expense claims of your organization in a more effective and efficient way.
Keeping this in mind, you can try using the expense module of HR-One. This module helps you in managing all your expenses in an easier way. You can define the various expense policies and types of expenses on your own, which further can be claimed by employees of your organization. This module is very well integrated with the payroll module. Once the manager approves the expense sheet submitted, it is automatically transferred to the payroll module for smooth reimbursement.
The HR-One Expense Module has got the following in-built features.
When employees apply for various types of claims, such as travel expenditure incurred for any official trip, the immediate superior gets a notification of the same for approval or rejection. Once the expense request is approved or rejected, either the particular amount is reimbursed to the employee or a notification is sent to the employee with the reason why it has been rejected.
You can define expense policies at various levels, such as employee level, department level, business unit level. Based on the role, you can easily set a maximum claim limit. There is an additional feature where the tool easily tracks and reports exception scenarios.
Employees have a right to submit their claims. The system maintains detailed record of all submitted, approved, pending and rejected claims. These details can be used at the time of detailing out the financials of the company during a particular tenure.
The HR-One Expense Software is highly intuitive and user-friendly tool. It helps tracking and managing all the expenditure claims raised by employees as well as the disbursements against them given by an organization. It allows you to easily manage all your petty expenses, like conveyance, ordering coffee for the client, etc. Not only this, you can easily manage all your travel itineraries in a more process oriented way and manage all the bookings through a centralized travel desk.