PAYROLL & EXPENSES

Loans & advances

Loans repaid on schedule, straight from payroll. Issue a loan or salary advance, set the monthly instalment, and OPEROGEN deducts it in every payroll until it's repaid. Outstanding balances and what's been recovered are always in view.

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Loans & advances in OPEROGEN HR
WHAT YOU CAN DO

Everything in Loans & advances.

01

Every loan in one view

Outstanding balance, monthly recovery and the amount recovered so far.

02

Deducted in payroll

Each month's instalment is taken in the payroll run until the loan is repaid.

03

Recovery outlook

See how the outstanding balance falls over the coming months, and which loans close soon.

04

Recovered at exit

Any balance left is recovered in the final settlement.

05

One active loan per person

Keeps repayments simple and predictable.

HOW IT WORKS

Three steps. That's it.

  1. 1

    Issue the loan with its monthly instalment.

  2. 2

    Payroll deducts it every month.

  3. 3

    The loan closes when it's repaid.

See Loans & advances in action.

A 30-minute walkthrough of the modules you care about, with your questions answered by the people who built it.