While the connected Dice platforms make filing and tracking reimbursements super easy for you, there is still some turnaround time involved in it.
Employee advance disbursements are a win-win for both employees and employers. Employees get access to the funds they need to cover business expenses upfront, without having to wait for reimbursement. This can be especially helpful for employees who have limited financial resources or who need to cover unexpected expenses.
On the other hand, employers benefit from employee advance disbursements in a number of ways:
- It can improve employee morale and productivity, as employees who are not stressed about financial matters are more likely to be focused and engaged at work.
- It can reduce the administrative burden of processing expense reimbursements.
- It can help to improve the company's bottom line by reducing the amount of time that employees spend away from their work to file expense reports.
Let's explore the different activities under Employee Advances that you can perform from your Employee Portal.
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