Managing your budgets manually can be time-consuming and prone to error, but with Budget Auto-Reload Rules, you can automate the process and ensure your budgets stay funded without the hassle. Here’s how you can leverage this feature to save time and reduce administrative tasks in your recognition platform.
How it works
- Access the Tool: First, go to your platform’s recognition program settings and look for the Budget Auto-Reload section. This is where you'll configure your rules.
- Create and Manage Rules:
- Configuration: Customize your reload schedules, the frequency (weekly, monthly, etc.), and the amount or headcount limit.
Key Benefits
- ✅ Time-Saving Automation: You don’t have to worry about forgetting to reload a budget or miscalculating the balance. The system does all the heavy lifting for you, saving your team time and reducing the chance of human error.
- ✅ Scalability: For Manager budgets, set points per headcount to automatically adjust reloads based on a supervisor’s direct report count. This keeps budgets aligned with team size.
- ✅ Assign to Budget Groups: Apply the auto-reload rule to the budget groups (e.g., Manager, Metadata) that will benefit from the automatic reload.
💡 Pro Tip: Control whether unused points roll over or expire with auto-reload. Check the rollover option to carry points into the next period. If unchecked, unused points will expire and new points will replenish the budget.
By using Budget Auto-Reload Rules, you can ensure that your recognition programs stay funded without additional work. Ready to streamline your budget management? Start configuring your auto-reload rules today!
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