Rave Loan Approval
by Rave Tech
| Technical name | rave_loan_approval |
| License | LGPL-3 |
| Website | # |
| Included Dependencies | Rave Tech Employee Portal Rave Portal Menu |
Rave Loan Approval
Streamlined financial assistance for your workforce.
3-Level Approval. Automated Payments. Smart Installments.
3-Level
Approval ChainAuto-Pay
Vendor PaymentsInstallments
Auto-Calculation
Why upgrade your loan process?
The Problem
Handling employee loans via email or paper leads to lost requests, delayed approvals, and accounting errors when creating payments.
The Solution
Rave Loan Approval enforces a strict Manager > Director > CEO approval matrix and automatically generates the Liability payment entries upon final approval.
Clear visualization of the approval state.
Key Features
Manage the entire loan lifecycle from request to repayment.
Dynamic Permissions
Approvers are detected based on their access rights, ensuring only the right people can sign off.
Auto-Disbursement
A vendor payment is automatically created in Accounting once the CEO approves the request.
Installment Tracking
System splits the loan amount into monthly installments and tracks paid vs pending status.
Workflow
Request & Validation
Employee submits a request specifying amount and months. System calculates installments instantly.
Cascading Approval
The request moves through the chain: Manager → Director → CEO.
Payment & Repayment
Finance team registers the payment. Installments are deducted/mark as paid over time.
Ready to modernize your loan process?
Support
Contact us at support@ravetech.com
This is an unofficial translation of the GNU Lesser General Public License into Vietnamese. It was not published by the Free Software Foundation,
and does not legally state the distribution terms for software that uses the GNU LGPL - only the original English text of the GNU LGPL does
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GNU LESSER GENERAL PUBLIC LICENSE
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2007
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