AI-Powered Spend Intelligence
AI-Powered Spend Intelligence
Advances Without the
Advances Without the
Advances Without the
Reconcillation Chase
Reconcillation Chase
Reconcillation Chase
Manage employee advances from request to settlement with clear approvals, real-time visibility and automated reconciliation.
Manage employee advances from request to settlement with clear approvals, real-time visibility and automated reconciliation.
Fund Employees. Give Finance Full Control
Fund Employees. Give Finance Full Control
Employee advances are often managed through emails, spreadsheets and manual follow-ups. Spentro brings them into one connected workflow, giving finance teams clear visibility and control.
From Advance Request to Final Settlement
From Advance Request to Final Settlement
01
Simple Requests
Employees can raise advance requests with the required details and supporting information.
02
Policy-Based Approvals
Route advance requests through configurable approval workflows based on your company's policies, hierarchy and limits.
03
Expense Matching
Connect expenses incurred against an advance with the original request, giving finance a complete view of utilisation.
04
Automate Reconciliation
Reconcile actual expenses against the advance and identify remaining balances that need to be settled.
05
Clear Settlement
Close the loop by accounting for the amount utilised, remaining balance and final settlement.
Know Where Every Advance Stands
Know Where Every Advance Stands
Get a real-time view of every advance in one place, with clear visibility into requests, disbursements and settlements. No chasing employees or checking multiple systems.
One workflow. One source of truth.
Built-In Controls Before Money Moves
Built-In Controls Before Money Moves
Built-In Controls Before Money Moves
Every advance should have a purpose, a limit and an owner. Spentro brings these controls in upfront, before funds are released, not as a check after the fact.
Every advance should have a purpose, a limit and an owner. Spentro brings these controls in upfront, before funds are released, not as a check after the fact.
Every advance should have a purpose, a limit and an owner. Spentro brings these controls in upfront, before funds are released, not as a check after the fact.
Purpose & Documentation
Capture the reason and relevant details for every advance at the time it's requested, so there's a clear record from day one.
Advance Limit
Define limits based on employees, departments, travel or business requirements, so no advance is issued outside what's reasonable for its purpose.
Eligibility & Requirements
Define which roles, seniority levels, or departments are eligible to request an advance in the first place, before any documentation or approval step begins.
Advance Limit
Define limits based on employees, departments, travel or business requirements, so no advance is issued outside what's reasonable for its purpose.
Purpose & Documentation
Capture the reason and relevant details for every advance at the time it's requested, so there's a clear record from day one.
Eligibility & Requirements
Define which roles, seniority levels, or departments are eligible to request an advance in the first place, before any documentation or approval step begins.
Advance Limit
Define limits based on employees, departments, travel or business requirements, so no advance is issued outside what's reasonable for its purpose.
Purpose & Documentation
Capture the reason and relevant details for every advance at the time it's requested, so there's a clear record from day one.
Eligibility & Requirements
Define which roles, seniority levels, or departments are eligible to request an advance in the first place, before any documentation or approval step begins.
Advance Limit
Define limits based on employees, departments, travel or business requirements, so no advance is issued outside what's reasonable for its purpose.
Purpose & Documentation
Capture the reason and relevant details for every advance at the time it's requested, so there's a clear record from day one.
Eligibility & Requirements
Define which roles, seniority levels, or departments are eligible to request an advance in the first place, before any documentation or approval step begins.
Turn Advances Into Spend Intelligence
Turn Advances Into Spend Intelligence
Connect advance data with expenses, travel and other corporate spend to give finance a complete view of how company money is allocated and utilised.
Spending patterns
Unused funds
Policy exceptions
Repeated advance requests
Unusual spending behaviour
Potential leakage
Turn Advances Into Spend Intelligence
Connect advance data with expenses, travel and other corporate spend to give finance a complete view of how company money is allocated and utilised.
Frequently Asked Questions
Frequently Asked Questions
What is employee advance management software?
Employee advance management software helps businesses manage the complete lifecycle of employee advances, from request and approval to disbursement, expense submission and settlement.
What is employee advance management software?
Employee advance management software helps businesses manage the complete lifecycle of employee advances, from request and approval to disbursement, expense submission and settlement.
Can employees request advances through Spentro?
Yes. Spentro lets employees raise advance requests with the required details, which are then routed through the company's configured approval process.
Can employees request advances through Spentro?
Yes. Spentro lets employees raise advance requests with the required details, which are then routed through the company's configured approval process.
Can we set approval limits for advances?
Spentro supports configurable approval workflows based on factors such as organisational hierarchy, expense category and spend limits.
Can we set approval limits for advances?
Spentro supports configurable approval workflows based on factors such as organisational hierarchy, expense category and spend limits.
Can Spentro track outstanding advances?
Yes. Spentro gives finance teams visibility into advances issued, their utilisation and their settlement status.
Can Spentro track outstanding advances?
Yes. Spentro gives finance teams visibility into advances issued, their utilisation and their settlement status.
Can an advance be reconciled against actual expenses?
Yes. Spentro lets finance teams reconcile advances against actual expenses and identify remaining balances for settlement. For travel, advances can be issued and reconciled against actual trip expenses after the employee returns.
Can an advance be reconciled against actual expenses?
Yes. Spentro lets finance teams reconcile advances against actual expenses and identify remaining balances for settlement. For travel, advances can be issued and reconciled against actual trip expenses after the employee returns.
What happens to the unused amount from an advance?
Any remaining balance is identified during settlement so the advance can be reconciled and closed according to the company's process.
What happens to the unused amount from an advance?
Any remaining balance is identified during settlement so the advance can be reconciled and closed according to the company's process.
Can advances be used for travel?
Yes. Spentro supports travel advances as part of its corporate travel workflow, including reconciliation against actual trip expenses.
Can advances be used for travel?
Yes. Spentro supports travel advances as part of its corporate travel workflow, including reconciliation against actual trip expenses.
Can advance expenses be connected to Spentro's expense management system?
Yes. Spentro connects advance, travel and expense workflows, allowing related expenses to flow through a connected process.
Can advance expenses be connected to Spentro's expense management system?
Yes. Spentro connects advance, travel and expense workflows, allowing related expenses to flow through a connected process.
