Automate leave management, one of the most tedious and time-consuming tasks, and free up your admin department to do more productive tasks!
Automate the leave application and approval process. Let the system calculate leave balance and leaves that are carried forward, lapsed, and accrued. Integrate with payroll system.
The cost of leave & absence contributes to nearly 35% of an organization’s payroll. Despite such a huge impact, most organizations, surprisingly enough, do not even track employee absence, let alone manage it effectively.
Paid time off has a significant financial impact on a company’s bottom line. Research has shown that employers spend an average of 14.6% of payroll on absence-related benefits.
Statistics show that every year businesses pay out millions of dollars in unpaid or misappropriated paid time-off.
Human error is a constant worry in any company’s leave management policy; it’s almost impossible to ensure a 100% accuracy rate when it comes to managing and tracking employee time-off by hand.
Online leave balance visibility can remove a tremendous strain on HR where as much as 15% of their time is spent in handling queries on leave balance for employees.