The February 2026 release introduces strategic enhancements designed to strengthen performance control, improve financial visibility, and enable smarter decision-making across core HR processes.

1. Introducing Business Head–Wise Budget Control in PMS

We’ve introduced Business Head–Wise Budgeting in the Performance Management System (PMS), bringing financial discipline directly into the appraisal process.

Administrators can now allocate and configure budgets separately for each Business Head. During performance reviews, Business Heads can view their assigned budget in real time while rating team members—ensuring decisions stay aligned with approved financial limits.

This enhancement adds a critical layer of transparency and accountability to increment planning. By combining performance ratings with live budget visibility, organizations can prevent overruns, drive responsible compensation decisions, and execute appraisal cycles with greater confidence and control.

2. Introducing Enhanced Investment Declarations for Reimbursement Claims

The Investment Declaration module has been enhanced to support more flexible and streamlined reimbursement declarations . Employees can now submit and manage claims for multiple reimbursement categories directly from the investment declaration page.

Users can declare eligible amounts, add remarks, and upload supporting documents for reimbursements such as education allowance, conveyance allowance , and other eligible benefits—all in one place.

This improvement simplifies the declaration process, improves documentation accuracy, and helps ensure smoother and more efficient payroll processing for reimbursement claims.

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