Put Leaves and Loans Approval on Autopilot for Effortless and Efficient Management

Employee Self-Service

Integrated employee self-service (ESS) tool in CentraHub HCM offers a user-friendly platform that allows your employees to take control of their leave requests and balances. With this feature, your staff can log in to the online leave management system, view their accrued leave balances, and conveniently request time off. They can specify leave types, dates, and reasons for their requests. This streamlines the leave approval process as managers can review and approve requests digitally, reducing paperwork and administrative burdens. ESS in leaves management enhances transparency, reduces errors, and empowers employees, which helps in fostering a more efficient and employee-centric approach within your organization.

Leave Application and Adjustment

The leave application and approval feature in CentraHub HCM simplifies and streamlines the process of requesting and granting employee leave. This employee leave management system enables staff to submit leave requests online, automatically routed to their respective managers for approval. Managers are instantly notified, and they can review requests, assess their impact on the team's workload, and make informed decisions within the HCM platform. The system also makes automatic leave adjustments to ensure transparency and compliance with company policies.

Loan Application and Approval

CentraHub HCM streamlines the loan application and approval process, enhancing the efficiency and transparency of financial transactions within your organization. The employee loan management system allows your employees to submit loan applications online, automating the data collection and verification steps. It also seamlessly integrates with payroll and HR data, ensuring accurate loan eligibility calculations and repayment terms. This integration enables quick and informed loan decisions, minimizing administrative burdens on your HR and accounts teams.

With CentraHub HCM, you can customize approval workflows, ensuring compliance with your internal policies while promoting financial wellness and employee satisfaction.

Amortization Calculations

CentraHub HCM offers powerful amortization calculations for effective loan management. This feature simplifies the process of tracking and managing loans by providing accurate, automated calculations of interest and principal payments over the loan's lifespan. The loan tracking software ensures precise accounting and compliance with loan agreements, reducing the risk of errors. It also allows for customizable amortization schedules, accommodating various loan types and terms. With the loan automation system’s advanced capability, you can efficiently manage employee loans, track repayments, and generate detailed reports.

Payroll Integration

CentraHub HCM offers streamlines payroll processes by synchronizing leave and loan data with payroll systems. It ensures accurate and timely salary calculations, reducing administrative workload. The system also automates leave accruals, deductions for loans, and tax withholdings, ensuring compliance with financial regulations. This not only simplifies the payroll management but also enhances data accuracy and security. By centralizing leave and loan data within the HCM platform, you can achieve greater financial transparency and efficiency, ultimately benefiting both employees and HR departments.

Compliance and Policy Management

CentraHub HCM excels in compliance and policy management by offering a flexible, configurable rules framework for your organization. This feature empowers you to define and enforce your unique compliance requirements and policies seamlessly. The advanced compliance tracking mechanism ensures that your organization consistently adhere to industry regulations and internal policies. The Leave and loan software also automates compliance monitoring and reporting, reducing the risk of errors and penalties.

Audit Trail and Reports

CentraHub HCM's audit trail feature provides a detailed record of all actions and changes made within the leave and loan management software. This includes tracking who approved or denied requests, when changes were made, and why they occurred. The audit trail not only enhances security but also simplifies regulatory compliance and reporting. With the help of this feature, you can easily monitor and verify all activities related to leave and loan management, ensuring accuracy and accountability while streamlining their HR processes.

Ticket Entitlement and Claims

Ticket entitlement and claim feature in CentraHub HCM software empowers organizations to streamline their HR processes efficiently. It allows you to create, manage, and monitor employee tickets for various reimbursement requests. Customizable workflows, automated notifications, and comprehensive tracking ensure that employees' needs are addressed promptly while simplifying administrative tasks for the HR team.