Loans & Advances Management

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Loans & Advances Management

Salary advances and employee loans are not the problem, but manual tracking is. Beehive HRMS Loans & Advances Management eliminates spreadsheets, reconciliation errors, and missed deductions by embedding the entire process within payroll.

Get rid of guesswork and disputes and back them with policy, audit-ready loan automation that works.

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Loans & Advances Made Accurate, Transparent, & Stress-Free

Loan recovery is less about excel skills and more about compliance, transparency, and employee trust. Manual processes are failing you on all three.

Inefficient Loan Management Is Costing You

Double Deductions, Missed Recoveries

Manual EMI tracking leads to overcharges, missed stop-dates, and payroll reworks.

Loss: HR time, payroll errors, and trust gaps add up to major yearly setbacks.

Disconnected Systems

When loans are managed outside payroll, month-end turns into a reconciliation nightmare.

Cost: Manual syncs consume excessive time, leading to errors and overtime.

No Visibility = Employee Frustration

Employees don’t know their balance or deduction status. HR fields endless queries.

Impact: Most loan-related queries arise from a lack of transparency.

Compliance Blind Spots

Interest, loan perks, and final settlement adjustments are missed or mishandled.

Risk: Gaps in tax, audit, or full-and-final compliance can cause major yearly setbacks.

Here’s What You Need

Beehive HRMS Loan Intelligence

A fully integrated loan module inside payroll, where it always should have been.

01

Structured Loan Types, Not Ad-Hoc Entries

Support advances, festival loans, emergency loans, and more—each with policy-based rules and recovery logic.

Result: 100% policy compliance with zero manual overrides.

02

Auto-Scheduled EMI Deductions

Loan recoveries flow directly through payroll with start and stop logic built in.

Accuracy: 94% fewer deduction errors and no missed recoveries.

03

Policy-Based Eligibility & Approvals

Set eligibility by grade, tenure, or CTC, and route approvals automatically for faster decisions.

Efficiency: 3x faster processing with complete compliance.

04

Final Settlement Integration

Outstanding balances are automatically adjusted in full-and-final settlements during exits.

Protection: Prevents revenue loss and reduces legal exposure.

05

Payslip & Tax Integration

Loan interest, perks, and repayments reflect automatically on payslips and Form 16.

Compliance:100% audit-ready with zero manual intervention.

06

Detailed Audit Logs

Every action is timestamped and securely stored, ensuring traceability for compliance teams.

Value: Complete transparency with no gaps in record-keeping.

07

Financial Reports on Demand

Generate ready-to-use reports for finance and compliance teams in a single click.

Benefit: Saves 50+ hours/month in audit and reconciliation prep.

08

ESS Transparency

Employees can apply, track balances, and download loan statements from their portal.

Outcome: 70% fewer queries and a 3x boost in employee confidence.

09

Fully Embedded in Payroll

Loan workflows run inside payroll—no duplicate tools, no rework, no last-minute chaos.

Result: Seamless reconciliations and a smoother payroll experience.

Manage Salary Advances Effortlessly, Keep Payroll Accurate

Beehive HRMS Loans & Advances Management turns one of the most error-prone processes into a structured, payroll-integrated system. No manual work. No uncertainty. No sleepless nights during payroll finalization.

Simplify Loans & Advances with Payroll Integration

Beehive HRMS makes managing salary advances, festival loans, and emergency loans easy, transparent, and fully compliant. With automated EMI recovery, policy-based approvals, and payroll sync, it eliminates disputes and ensures trust between employees and employers.