This module allows employees request for loans and the employer will setup loans. Approved loans can be viewed by both parties including capital borrowings, interest on borrowings and rates.
Seamless Loan Requests
Employees can easily request loans through a user-friendly portal, streamlining the loan application process and enhancing convenience.
Flexible Loan Structures
The module offers flexible loan structures, allowing organizations to tailor loan options to meet the diverse financial needs of their employees.
Loan Repayment Scheduler
Employers can set up customized repayment plans based on individual employee preferences and organizational policies, ensuring flexibility and affordability.
Transparent Loan Information
Both employees and employers have access to detailed loan information, including capital borrowings, interest rates, and repayment schedules, promoting transparency and informed decision-making.
Streamlined Loan Process
The platform streamlines the entire loan process, from request to repayment, eliminating paperwork and administrative burdens for employers and employees alike.
Automated Calculations and Deductions
Automate calculations, deductions, and reporting to ensure accuracy and compliance with regulations and lending practices, reducing the risk of errors and fines.
Dashboard
Access a dashboard for comprehensive insights into loan requests, approvals, and repayment status, providing real-time data and analytics for informed decision-making.
Reporting and Analytics
Generate reports and analytics to assess loan trends, track repayment performance, and identify areas for improvement, enabling data-driven decisions and strategic planning.