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Overview
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Optima Books &
PeriodicalsPeriodicals Card is a
completecompletely paperless
solution for corporate Books & Periodicals reimbursements. An employee can redeem the balance of their the card against books & periodicals expense to save income tax. The solution is completely customizable to suit your company policies. Optima Books & Periodicals is a digital card designed to help organizations to get tax exemption on books & periodicals expense.This benefit is extended by employer to employees for purchasing newspapers, magazine, books and periodicals which are related to the profession of the employee. Organizationsand digital solution designed to help organisations provide payroll benefits to employees against books and periodicals purchases. Organisations can determine monthly or fiscal limits for their employees.
HR needs to load currency into the employee’s Books & Periodicals card prior to issue the card to employees. Employees can upload bills against their Optima Books & Periodicals Card for the spends depending on the company policy. It is mandatory for the employees to submit the bills as evidenceAn employee can redeem the card balance against Books & Periodicals expense to save income tax.
Potential Challenges Zeta Addresses
Some challenges that we are trying to overcome are:
Cumbersome claim process.
- Housekeeping the manual
- bills manually and high probability of losing the bills .
- Manual verification, approval and delay in payment settlement
- Tiresome and manual entries to initiate claims
- Loads of paperwork, printing and submission of bills
Key Features
Arrays of the feature of Books & Periodicals Card areCard features are:
Provides web interface for HR professionals and mobile app interface interfaces for employees which is are available in android, iOS and windows versions.
Enables HR to create and manage books & periodicals card orders with a provision of using custom configurations.
Enables employers to revoke unused amount of the card.
Enables employees to upload bills for reimbursements.
- Enables employees to view and analyze analyse every transaction data and invoices.
Key Benefits
Book Books & Periodicals card delivers the following benefits for :-
For employers:
- Streamlines the overall reimbursement process digitally .
- Provides a flexible option for customisation
- Provides provision for digitally verified and signed bills for approval.
- Provides easy
- an effortless way of managing employees' accounts digitally .
- Provides premium customer support.
Optima Driver Salary Card delivers the following benefits for employees:
- Eliminates the need of
- Mitigates human errors
- Eliminates logistic cost
For employees:
- Provides both online and offline payment option
- Provides an option of paying by any denomination
- Eliminates the need for manual bill submission and last-minute hassle of collecting bills .
- Eliminates the process of storing and procuring bills
- Provides a secure and easy
- effortless way to use and redeem books & periodicals
- Books & Periodicals Card's balance to save tax .
- Provides premium customer support.
Employees can upload bills against their Optima Books & Periodicals Card for the spends depending on the company policy.
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