New Accruals Manager: Create PTO Policies Without Scripting
Swipeclock's new Accruals Manager enables partners to independently create, customize, and update complex PTO and leave accrual policies—such as varying accrual rates, employee types, and vesting rules—without scripting or support tickets, streamlining policy management and improving client service speed and accuracy.
With the new Accruals Manager, Swipeclock Partners can set up custom leave, time-off, and PTO policies for their clients without the need for scripting or submitting a service ticket. This tool allows partners to create and manage accruals policies on demand and update them as needed, saving time and effort while exceeding client expectations for speed and accuracy.
Accruals Manager Benefits
A key advantage of Swipeclock Time and Labor solutions is the ability to implement custom accruals policies. The Accruals Manager enhances this by enabling partners to:
- Create accruals policies for clients without scripting
- Build or modify policies on demand with no waiting
- Implement most custom policies independently, without support
- Streamline employee enrollment
Support for Custom Accruals Policies
The Accruals Manager features a guided form fill that requires no coding, waiting, or scripting requests. Custom accruals policies can be provided at setup or any time after implementation. The tool supports extensive customization, including:
- Employee tenure or position
- Employee type (part-time or full-time)
- Multiple punch categories (sick leave, vacation, PTO, and client-defined)
- Accrual frequency (front load annually, monthly, pay period, weekly, daily, on work anniversary, or specific date)
- Multiple rates of accrual
- Custom vesting periods
- Limits for maximum hours
- Year-end expire or carry-over
- Rules for negative allowance
To get started with the new Accruals Manager, contact your Swipeclock Account Manager.
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