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Mentis - Budgeting Tools |
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Budgeting is a very important tool that allows organizations to plan and then monitor the costs related to hiring, increments, training, asset allocation, development, benefits and other costs. Budgeting tool can be used either for monitoring using guidence vs actual usage reoprts or for controlling by enforcing the budget as part of approval processes across various modules.
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Budgeting Tools
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- Create an overall HR Budget and define various types of budgets for various workflows
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- View previous years budget and actual comparison to help define trend based budget
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- Define recruitment budget - fully integrated with manpower requisition workflows
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- Define salary budget - compare against the actual payroll payout
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- Define increment budget - fully integrated with EMS and PMS
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- Define travel budget - fully integrated with Travel Management
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- Define asset budget - integrated with Asset Management
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- Define employee welfare budget
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