Loan & Advance Management
Disciplined employee lending with automatic recovery
Manage loan policies, eligibility, approvals and installment schedules. Recoveries deduct automatically in payroll with complete outstanding-balance visibility.
Loan & Advance Management · SoftHCM interface preview
Benefits
What your organization gains
- Transparent loan eligibility and limits
- Zero missed recoveries — payroll deducts automatically
- Complete outstanding and recovery history per employee
- Configurable markup-free or markup-based schemes
Features
Key capabilities
- Multiple loan and advance types with policies
- Eligibility rules by service length and grade
- Approval workflow with finance sign-off
- Automatic installment deduction in payroll
- Early settlement and rescheduling options
- Outstanding loan reports
Free personalized demo
See Loan & Advance Management in action
See SoftHCM in action with a personalized demo for your organization — modules, policies and reports configured around your industry.
No obligation 45–60 minute walkthrough 042 35733324