The leave management process plays an important role in organizational policies because paid time off has an important financial impact on the bottom line of the company. Therefore, employers often search for effective and paperless solutions that can eliminate or reduce the margin of error in calculating the leave benefits. So, an effective leave management system results in improved productivity and reduced costs. Here is how this system can help:
- It tracks all the leave and absence incidents
- It eases the administrative burden
- It effectively manages the leave details of employees
- It effectively reduces costs
- It enables well-versed decisions for drafting the leave policies
- Better accessibility through multiple approval access
- Managing vacations
- Getting real-time data
- It makes the auditing process simpler