Employee assistance is no longer a burdensome administrative task
In Paypeople Payroll Software in Saudi Arabia, Employees are incredibly devoted to the companies that provide them with assistance when they are in need. PayPeople assists you in streamlining this procedure and making it simple for your staff as well as the HR and Finance teams.
CONFIGURABLE LOAN POLICIES
Establish loan policies and requirements
Establish loan qualifying standards based on an employee’s income and length of service with the company. You can tailor the loan eligibility on PayPeople to your organization’s requirements.
Simple loan administration, with EMI tracking
PayPeople Cloud Payroll HR Software in Saudi Arabia makes it simple to track and handle loans and EMI management, from loan disbursement to EMI recovery.
Apply interest rates, either simple, compound, or 0%
Set up interest rates only once, and PayPeople Cloud Payroll Software in Saudi Arabia will handle the calculations. Throughout the loan’s term, you can adjust how interest rates are calculated at any time.
With the support of PayPeople, we were able to manage our 15,000 employees with simplicity, which was a significant step forward in our digital transformation path.
Vice President HR
Stop or modify EMI deductions
There are instances when employees have urgent demands and would like to delay their EMI payments for a month or two. You can manage it all with only a few button clicks thanks to PayPeople!