Optima Books & Periodicals Card is a completely paperless and 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. An employee can redeem the card balance against Books & Periodicals expense to save income tax.
Potential Challenges Zeta Addresses
Housekeeping the 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
Arrays of Books & Periodicals Card features are:
Provides web interface for HR professionals and mobile app interfaces for employees which 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 analyse every transaction data and invoices.
Books & Periodicals card delivers the following benefits:-
Streamlines the overall reimbursement process digitally
Provides a flexible option for customisation
Provides provision for digitally verified and signed bills for approval
Provides an effortless way of managing employees' accounts digitally
Mitigates human errors
Eliminates logistic cost
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 effortless way to use and redeem Books & Periodicals Card's balance to save tax