The Stores & Loans Module manages information regarding the assets provided to employees such as laptops, mobile phones, keys and uniforms. This enables efficient asset collection on termination, recall management, upgrade planning, and budget forecasting. A formal asset tracking system can also reduce the asset loss and damage rates as employees understand that the company is tracking each asset assigned to them. The system records and tracks the allocation of valuable assets such as laptops, mobile phones and uniforms to employees, and generates automatic email reminders when store items are due for return.

This module also enables tracking of all loans made to employees, which makes it easier for companies to be supportive of their employee’s needs while ensuring collection and repayment. Internal setting allows for the automatic calculation of the monthly employee loan payments and outstanding balances based on the deduction amounts, the term and the interest rate. Management of Employee loans by calculating the total monthly payments, the total amount owed and the total amount of the loan.