Loans & Salary Advances
Manage employee loans and salary advances from request through approval, disbursement, instalment recovery and accounting reconciliation.
What Loans & Salary Advances includes
Each capability has its own explainer page and remains governed by the company product scope and user permissions.
Loan & Advance Requests
Capture employee requests, purpose and requested terms.
Explore capability 02Approval & Disbursement
Approve lending and record the controlled release of funds.
Explore capability 03Repayment Schedules
Build instalment plans and track due balances.
Explore capability 04Payroll Recovery
Deduct approved instalments through payroll.
Explore capability 05Loan Accounting
Reconcile disbursement, recovery, cancellation and outstanding balances.
Explore capabilityHow the workflow moves
What this module is designed to improve
Modules commonly used with Loans & Salary Advances
Payroll
Payroll runs, payslips, approvals and finance-ready liabilities.
Explore module A controlled end-of-service processFinal Settlement
Salary, leave, gratuity, loans and payment in one settlement.
Explore module A connected general ledger for operational controlAccounting
Chart of accounts, journals, receivables, payables and financial statements.
Explore module Turn connected activity into actionAnalytics & Reporting
Role dashboards, operational reports, exceptions and audit insight.
Explore moduleSee Loans & Salary Advances in the context of your business.
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