Benefits and Expense Claims
HRiQ Benefits and Expense Claims provides capabilities to track online claims by employees
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HRIQ Benefits & Expense Claims streamlines and automates the process of expenses & benefits claims & reimbursement within the organisation and helps you to achieve your bottom-line objectives. With policy driven controls, HRIQ Benefits & Expense Claims implements the necessary checks against employees’ Benefits Schemes and preset spending limits and reduces the turn-around time for processing & reimbursement of claims. |
Co-payment incentives are available to reward employees for non-claims or surplus credit payout at the end of the year. It has an extension to a web-based e-Claims Module with online capabilities to track and manage online claims submitted by employees. The e-Claims Module provides maximum flexibility in setting up and managing user defined parameters, rules and accounting interface by Claim Category, by Claim Items, by Claim Forms and Rate Tables for converting foreign currencies, travel allowance by country, etc.
HRiQ e-Claims supports online claim submission in integration with Payroll and other ERP friendly modules
HRiQ e-Claims is intuitive and easy to use by employees for their management of online claims submission including all claims under their benefits and reimbursable expenses like travelling, transport, entertainment, etc. Approval is based on a multi-level that can be varied by claim category set-up. Payouts of claims to employees can be integrated to the Payroll System for crediting into the employees' payroll , or interfaced into your Accounts Payable system for direct crediting to the employee’s bank account. E-Claims is ERP friendly and has complex capabilities to post claim transactions into your General Expenses either fully or by cost centre allocation.
Features of HRiQ Benefits and Claims Management
- Configurable workflow , claim category , claim items , claim limits and easy to use.
- Web based which allows application by proxy.
- Supports Multi-currency with the user-defined user rate table
- Options to include dependents' claim details
- Supports Co- Payments and attachments.
- Linked to user defined panel of doctors.
Benefits of HRiQ Benefits and Claims Management
- Increase employee satisfaction by centralizing all the claims and benefits in the Employee Portal.
- Ensure the policy compliance with user-defined rules and controls on various claims.
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