factoHR’s all-in-one expense management software caters to the organization’s specific requirements of managing employees’ expenses while traveling with the help of secure cloud-based infrastructure.
Get plus points in corporate social responsibility as you go green with factoHR’s paperless expense management software and manage your expenses digitally for enhanced security.
With the in-built AI-based smart receipt feature, factoHR’s mobile application allows you to capture bills and receipts in a digital format and fill the reimbursement application automatically.
Monitor the expenses as and when the employee enters a transaction on his business trip to keep a tab of their activities and prevent unfair practices.
Efficiently manage bills and receipts for considering GST benefits while filing an income tax return at the financial endings.
Strategically configure your multi-level approval hierarchy to define the approval authority assigned to various managers and allow the authorities to set upper limits on the expenses.
Allow the employees to file a group travel application and create a travel plan for their business trip in order to guarantee punctual client visits and anticipate the travel expenses.
Cross-check the expense applications filed by the employee with the proofs like receipts, bills, etc., submitted by them, and to simplify your attendance process allow them to mark their attendance to ensure their presence
Appoint approving managers and set reminders for your employees to file their applications on time and for your approving authorities to check any pending applications.
Customize the reimbursement methods, process, and medium to suit the needs of the circumstances and allow the employees to file reimbursement claims.
Allow the approving authorities to accept the reimbursement application only after the employees’ travel application is sanctioned.
Overcome the complexities of converting the foreign currencies into home currencies as factoHR’s expense management system automates this calculation, thereby minimizing errors.
Configure exceptional circumstances and allow the authorities to approve the reimbursement expenses exceeding the set limits in rare cases.
Travel, or say, Expense Management helps the company to manage its employee’s travel activities and corresponding expenses. Sometimes for a client meeting, employees are asked to travel to an outer city or state. During such cases, travel management software helps them apply for advanced monetary requests, various reimbursement requests, claim options, and attachment validation. With employee tracking using Geo-tracking, managers can access the perfect location and the visits of the employee.
Allow your workforce to submit expenses related to various allowance categories like food, lodging, travel, and others.
Admins can decide whether to reimburse the claim requests with the employees’ payroll cycle or off-cycle.
Let your employees initiate travel applications, advance requests, and expense claim requests from our Android and iOS compatible mobile application.