Benefits
2 articles in Benefits
Benefit reports
Benefit reports tell you what is currently lent out, what is being repaid, and what is at risk. If you lend to employees at any scale, this is the view that keeps it a managed programme rather than a…
Read article →Getting started with Benefits
Benefits is where KAMI handles money lent to employees rather than earned by them: company loans, and advances against wages already worked. Both are repaid through payroll, which is what makes them…
Read article →Advance Wages
KAMI QuickPay: advance wages
QuickPay lets an employee draw part of the pay they have already earned this period, before payday. It is not a loan: there is no term and no repayment schedule, because the money is theirs — it is…
Read article →Repaying advances
An advance is recovered from the employee's next payslip, in full, along with its fee. There is no schedule to manage — but there is a payslip to check, because this is where an advance meets…
Read article →Loans
Disbursing loans
Disbursement is the moment a loan becomes money. Everything before it is paperwork; everything after it is a debt. It is worth treating as a distinct, controlled step rather than a formality after…
Read article →Importing loan data
If you are moving to KAMI with loans already running, importing them brings the outstanding balances and schedules across so repayment continues without a gap. It is a migration task, done once, and…
Read article →Loan instalments and repayment
Once a loan is live it repays itself through payroll: each instalment becomes a deduction on a payslip. Understanding the schedule is how you answer the two questions employees actually ask — what am…
Read article →Managing team loans
Team loans is where you see every loan across your people, move requests through approval, and deal with the ones that are not going to plan. It is the working view of the module.
Read article →Restructuring a loan
Restructuring replaces a live loan with a new one on different terms — usually a longer term and a smaller instalment, for an employee who can no longer manage the original. It is the alternative to…
Read article →Settings
Benefits user rights
Benefits rights are granular for the same reason payroll's are: this module lends money, releases it, and takes it back through payroll. Who can do which of those should be a deliberate decision.
Read article →Loan types
A loan type is a lending product: how much can be borrowed, for how long, at what cost, and who qualifies. Every loan an employee takes is an instance of one, so the type is where your lending policy…
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