Loan Request Management

One of the key features of this loan app is Loan Request Management. This feature allows employees to submit loan requests through the app, eliminating the need for paperwork and manual processes. Administrators can easily approve or reject requests directly from the app, reducing the time it takes to process requests and improving the overall efficiency of the loan management process.

Cash vs. Non-Cash Loans

The app also includes Cash vs. Non Cash Loans, a feature that differentiates between different types of loans. This feature makes tracking and managing loans of different values and types easier, providing administrators with a comprehensive view of loan related data.

Automated Notifications

Another important feature of the app is Automated Notifications. The app automatically sends notifications to employees when a loan item is due for return or has passed the grace period. This feature ensures timely repayment and reduces the need for manual follow up, making the process more efficient and less time consuming

Payroll Integration

Payroll Integration is another key feature of the app. This feature allows the payroll administrator to easily extract loan transactions and reflect the impact of loan requests on the payroll. This integration streamlines the process and reduces errors, ensuring that loans are accurately reflected in payroll and employees are paid correctly

Dashboard for Loan Management

The Dashboard for Loan Management is another essential feature of the app. This feature provides a comprehensive view of all current running loans, approved and rejected requests, and other loan related data. Administrators can use this dashboard to track loan requests, monitor repayments, and manage loans effectively.

Loan Return Functionality:

This feature allows employees to easily return loan items from within the app, reducing the need for manual intervention and ensuring that loan items are returned promptly and accurately