How does Happay benefit organizations?
Happay helps organizations go cashless and paperless. Here are few of the benefits we provide -
7X faster process cycle from expense submission to reconciliation- 96% reduction in paperwork- 100% digitization of processes- 30% increase in staff productivity- Ability to control spends even before they occur- 100% visibility with our real-time transaction feeds- A highly configurable platform that suits the needs of any size of the organization in terms of policies, workflows, etc.- API Integration with leading HRMS, ERP and Accounting systems-The delightful User experience that is ubiquitous to employees as well as management One comprehensive suite that manages any kind of expense including imprest, travel and entertainment, procurement, employee flex-benefits, and allowances, reimbursements
3. How does this platform work? What are its backend processes?Happay's unique technology consists of a single corporate card that is linked to multiple wallets. That means a single piece of plastic can hold multiple pockets of money.
Company administrators can configure rules and logic on each of these wallets. The configured rules define how employees can access that particular wallet - where and when they can use the wallet and for what amount of spending. Administrators can restrict the wallet spend to all channels like POS, ATM and online or to specific ones. They can easily track all wallet spends on a real-time basis via their web dashboard/mobile apps. Administrators can also load or remove funds from wallets with just a click of a button, at any time, from any device. They can also switch on or switch off a wallet.
Our ability to integrate our card platform with any of the existing systems used by our customers (such as accounting, ERP, and HRMS among others) enables us to manage these card programs effectively. We also integrate with other platforms to do condition-based disbursements without explicitly using Happay dashboards. We also have open APIs which help our customers tailor the solutions further to their specific needs. If you need any kind of information on this article related topic click here: Utility Management Software
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