Optimize Your Expense Management
Unlock seamless expense management with Oberon SHRM. Our system integrates directly with payroll, automates approvals, and provides in-depth controls, ensuring compliance and transparency across all expenses. Save time, reduce costs, and maintain control over every transaction effortlessly.
Explore Different Expense Types
Our Expense Management system streamlines the categorization of expenses, ensuring clarity and control over your financial operations.
Type 1 Expense
These are expenses that the organization covers directly, meaning no employee reimbursement is involved. For instance, when a company uses its corporate debit card to pay for website hosting, there’s no effect on employee payroll.
Type 2 Expense
These expenses are initially paid by an employee on behalf of the organization, leading to a reimbursement claim. For example, if an employee pays for hosting services using their personal credit card, it results in an increase in their salary for the month to reflect the reimbursement amount.
Type 3 Expense
These expenses are paid by the organization but are actually for personal use by an employee. For example, if an employee uses the company card for personal purchases, the organization must recover that amount from the employee, which will reflect as a deduction from their net salary in the following payroll cycle.
Manage Expenses Efficiently with Oberon.
Expense Reports
Generate and manage expense reports effortlessly.
Budgeting Tools
Set budgets and track spending in real-time.
Approval Workflows
Streamline approval processes for faster reimbursements.
Receipt Management
Capture and store receipts for easy tracking.
Expense Tracking
Monitor expenses against your budget with ease.
Instant Reimbursements
Ensure timely reimbursements for employees' expenses.
How Oberon Manages Expenses
Save additional operating costs associated with subscribing to a separate expense management solution by optimally leveraging our world-class Expense management module within Oberon at no extra cost.
- 🔗Integration with PayrollFully integrated with our Payroll module and touchless/automated payment gateways.
- 🛠️Approval LimitsEasily set approval limits (amounts & count) for different line managers in compliance with your organisation’s policies and preferences.
- 🛡️Governance and ControlIn-built governance and control firewalls (separation of duties, limits on amounts, limits on counts, audit trails including storage of evidence, traffic lights/metrics, etc.).
- 🤖Automated Expense RetirementSeamlessly automated expense retirement process with touchless, paperless, and digital foot-printing end-to-end.
- 🕵️Fraud PreventionIn-built fraud prevention and detection mechanisms across the expense management lifecycle.
- ⏱️Quick ClearancesOptions to clear automatically via payroll or off-payroll cycle directly using any of our seamless payment gateways within a few minutes.
- 📅Month-End ClosePainless month-end close for your accounting/finance team through ERP-compliant downloadable options.
- 📊Powerful DashboardPowerful dashboard, metrics, and reporting that keep you fully in control of the flow of funds.
Leave Management, Payroll, HRNeed more than Leave Management?
Oberon SHRM goes beyond Leave Management to offer you a comprehensive suite of HR solutions—covering payroll, employee records, and more—ensuring seamless operations and enhanced productivity.
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