You may not think a single day without your employees in your Organization. Employee retention is important for any Organization. Thus, HR Department has always played a major role acting as a liaison between employees and Organization. As the organization and the employees are interdependent on each other, the question may arise that the rights of the employees may not be curbed by the Organization in order to earn more profit. Here comes the role of HR Policies. Every Organization has HR Policies which aim to protect the rights and interests of the man power. As per the HR Policies of the Organization, employee’s benefits are very important which allow employees to claim for a number of expenses which may occur on monthly or yearly basis.
It is easy to maintain the data for those Organizations which have less number of employees but it becomes quite hectic to manage the things on larger level. In such organizations, Claims and Reimbursement Software becomes important. There can be a number of Claims like Leave Travel Allowances, Medicine Grants, Food and Conveyance etc. The Organization needs software that can manage the requests of employees for these claims efficiently. It stores different forms at one place which can be made accessible at Employee Self Service Portal easily. The major benefit behind this is that the employees can directly request for claims and reimbursements by filling the respective forms while sitting at any place and from any device. The software also provides an option where employees can add the copies of their bills as well as other supporting documents to make the request process easy.
Claims and Reimbursement software helps employees to raise the request online and the request is received to the concerned manager. It is important to know that the requirement of Claims and Reimbursement Software differs from Organization to Organization depending upon the services offered by the organization to its employees. It is also important to know that there is a certain fixed limit up to which the Organization can reimburse the amount claimed by the employees. HR Department has a pile of work. So, this software reduces the time taken to complete the process as well as decreases the extra pain taken to manage the stuff. The software also decreases the chance of error. Organization is happy and healthy if its employees are satisfied and if such processes are done manually then it can lead to a chunk of unhappy satisfied manpower.
If you are looking to simplify Claims and Reimbursement process of your Organization then you can connect Beehive.