Support Modules
Expense Management
The out-of-pocket Expense Management module in Aurex™ offers a streamlined solution for managing and tracking employee expenses incurred during business operations. This module allows employees to easily submit expense reports, capture receipts, and categorize expenses according to predefined criteria. Managers can review and approve expense reported effectively. Aurex™ simplifies the expense management process, improves transparency, and reduces the administrative burden associated with manual expense tracking.
The module enables you to do:
- Manual Expense Tracking: Manual tracking of out-of-pocket expenses leads to errors, delays, and inefficiencies in the reimbursement process.
- Limited Visibility and Control: Organizations lack real-time visibility into employee expenses, making it challenging to control spending and identify potential areas for cost savings.
- Automated Expense Tracking: Aurex™ automates the expense tracking process, reducing errors and ensuring timely submission and processing of expense reports.
- Real-time Visibility: With real-time expense tracking and reporting capabilities, Aurex™ provides organizations with enhanced visibility into employee spending, enabling better control and decision-making.
- Improved Accuracy: Automated expense tracking and policy enforcement ensure greater accuracy in expense reporting, reducing the likelihood of errors and unauthorized expenses.
- Cost Savings: By providing real-time visibility into employee expenses and streamlining the reimbursement process, Aurex™ enables organizations to identify cost-saving opportunities and optimize spending.
Time Management
Aurex™ offers a comprehensive time tracking system enabling organizations to monitor and allocate time across different levels: audit, risk, control, and non-chargeable activities. This system ensures accurate resource allocation, adherence to project timelines, and enhanced governance and compliance frameworks. By providing insights into resource utilization and optimizing workflows, Aurex™ helps organizations drive efficiency and effectiveness across all organizational levels.
- Difficulty in Resource Allocation: Lack of real-time visibility into time spent on projects hampers effective resource allocation and project planning.
- Resource Allocation Tools: Aurex™ provides real-time visibility into resource utilization, facilitating effective resource allocation and project planning.
- Optimized Resource Allocation: Real-time visibility into resource utilization allows for better resource allocation and project planning, maximizing efficiency and profitability.
Assessments
Checklist-based assessments offer a structured and systematic approach to evaluating various aspects of a process, project, or operation against predefined criteria or standards. These assessments involve creating a checklist of items or tasks that need to be reviewed, with checkboxes or scoring mechanisms to indicate compliance or performance levels.
- Lack of Standardization: Organizations struggle with inconsistent evaluation criteria and processes across different projects or operations.
- Inefficient Evaluation Processes: Manual or ad-hoc evaluation methods lead to inefficiencies, delays, and inconsistencies in assessment outcomes.
- Limited Visibility and Accountability: Difficulty in tracking assessment progress and outcomes hampers transparency and accountability in the evaluation process.
- Difficulty in Identifying Improvement Areas: Inadequate tools for identifying specific areas of non-compliance or underperformance hinder targeted improvement efforts.
- Standardized Evaluation Framework: Aurex™ provides a standardized checklist-based assessment framework, ensuring consistency and uniformity in evaluation criteria and processes.
- Automated Evaluation Processes: Aurex™ automates checklist-based evaluation processes, streamlining assessments and reducing manual effort, time, and errors.
- Real-time Monitoring and Reporting: Aurex™ offers real-time monitoring and reporting functionalities, providing visibility into assessment progress and outcomes and promoting accountability.
- Consistency and Standardization: Aurex™ ensures consistency and standardization in evaluation criteria and processes, enhancing the reliability and comparability of assessment outcomes.
- Efficiency and Productivity: Automated evaluation processes in Aurex™ streamline assessments, saving time and resources and improving overall productivity.
- Transparency and Accountability: Real-time monitoring and reporting in Aurex™ promotes transparency and accountability in the evaluation process, enhancing trust and credibility.