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Understanding Claims Feature

Updated over 3 months ago

What is the Claims Feature?

The Claims feature enables you to submit reimbursement requests for business expenses you've paid out of pocket. After your request is reviewed and approved, the reimbursed amount will be transferred directly to user's personal bank account details.

Who Can Access the Claims Feature?

Admin

Finance Users with Transfer rights

Finance users with Submit only rights

Finance view only

Employee

Submit Claims

Track the status of their submitted claims

View all submitted claims within the company

Review and approve pending claims

Follows the Claim Review Policy

Follows the Claim Review Policy

Follows the Claim Review Policy

Follows the Claim Review Policy

Follows the Claim Review Policy

Submit payments for approved claims

Process final claim payouts

Notes:

  • Submit payments for approved claims:

    • This process refers to submitting payment requests for approved claims through the Transfer Approval Policy.

    • After a claim is approved, authorized users (Admin, Finance with transfer rights, or Finance with submit-only rights) submit the payment request, which then goes to designated approvers under the Transfer Approval Policy for final review and payout.

    • This approval process applies only when claims are processed individually, not in bulk.

  • Process final claim payouts:

    • Individual payments: Require review by approvers under the Transfer Approval Policy before final payout (unless you're already an approver).

    • Bulk payments: Processed immediately by Admin or Finance users with transfer rights.

    • No Transfer Approval Policy: Admin or Finance users with transfer rights complete the claim payments immediately.

Managing Claims

Viewing All Company Claims

To access the claims dashboard:

  1. On your Aspire dashboard, click "Claims" in the left navigation bar (web app) or click "Menu" and choose "Claims" (mobile app).

This will display all claims submitted across your organization.

Filtering Your Claims View

You can customize your claims view using these filtering options:

Quick Filters:

  • My Claims: View only the claims you've personally submitted

  • Group by: Group claims by its budget's

  • Sort Options: Organize claims by status or date (most recent first)

Status Filters:

  • Draft

    • Ready for submission

    • Missing information

  • Payment Scheduled

  • Pending Review

  • Pending Payment

  • Paid

    • Paid at Aspire

    • Paid outside

  • Rejected

  • Payment Processing

More Filters:

  • Budget

  • Date range

  • Employee

  • Category

  • Custom reporting fields (if configured)

Review and Payment Actions

Review Pending Claims

Approvers under the Claim Review Policy can click "Review pending claims" to see all claims submissions awaiting approval.

Process Approved Claims

In Bulk

Admin or Finance with transfer rights users can pay the approved claims in bulk by clicking "Pay approved claims".

Individually

  • Admin, Finance with transfer rights, or Finance with submit only rights can access the claim individually to submit the claim payment.

  • Once submitted, approvers under the Transfer Approval Policy will review and process the claim payout.

Notes:

  • If you're an approver under the Transfer Approval Policy: Your claim payments are processed immediately, and the status changes directly to "Paid".

  • If your business doesn't use a transfer approval policy: Admin or Finance users with transfer rights can complete payments directly.

Currency Support

Submitting Claims

You can submit claims in over 50 different currencies. Simply:

  1. Select your preferred currency under "Expense amount".

  2. Enter the reimbursement amount.

Which currency are claims paid out in?

You have the option to pay claims directly into your employee's bank account in a wide range of currencies:

Currency Code

Currency Name

Minimum USD Amount

AED

United Arab Emirates Dirham

ARS

Argentine Peso

AUD

Australian Dollar

BDT

Bangladeshi Taka

BGN

Bulgarian Lev

BHD

Bahraini Dinar

BMD

Bermudian Dollar

BND*

Bruneian Dollar

$100

BOB*

Bolivian Bolíviano

$100

BRL

Brazilian Real

$25

BSD

Bahamian Dollar

$25

BTN

Bhutanese Ngultrum

BWP

Botswana Pula

BZD

Belizean Dollar

$25

CAD

Canadian Dollar

CDF

Congolese Franc

$25

CHF

Swiss Franc

CLP*

Chilean Peso

$100

CNY

Chinese Yuan Renminbi

COP

Colombian Peso

CRC*

Costa Rican Colon

$100

CZK

Czech Koruna

DKK

Danish Krone

DOP*

Dominican Peso

$100

EGP

Egyptian Pound

ETB*

Ethiopian Birr

$100

EUR

Euro

FJD

Fijian Dollar

GBP

British Pound

GEL

Georgian Lari

$25

GHS

Ghanaian Cedi

GTQ*

Guatemalan Quetzal

$100

GYD

Guyanese Dollar

$25

HKD

Hong Kong Dollar

HNL

Honduran Lempira

HTG*

Haitian Gourde

$100

HUF

Hungarian Forint

IDR

Indonesian Rupiah

ILS

Israeli Shekel

INR

Indian Rupee

ISK

Icelandic Krona

JMD

Jamaican Dollar

JOD*

Jordanian Dinar

$100

JPY

Japanese Yen

KES

Kenyan Shilling

KRW

South Korean Won

$25

KWD

Kuwaiti Dinar

KYD

Caymanian Dollar

LAK

Laotian Kip

$25

LKR

Sri Lankan Rupee

LYD

Libyan Dinar

$25

MAD

Moroccan Dirham

MDL

Moldovan Leu

MKD

Macedonian Denar

$25

MNT

Mongolian Tughrik

$25

MOP*

Macau Pataca

$100

MUR*

Mauritian Rupee

$100

MVR

Maldivian Rufiyaa

$25

MXN

Mexican Peso

MYR

Malaysian Ringgit

NAD

Namibian Dollar

$25

NGN*

Nigerian Naira

$100

NIO*

Nicaraguan Cordoba

$100

NOK

Norwegian Krone

NPR*

Nepalese Rupee

$100

NZD

New Zealand Dollar

OMR

Omani Rial

PEN*

Peruvian Sol

$100

PGK*

Papua New Guinean Kina

$100

PHP

Philippine Peso

PKR*

Pakistani Rupee

$100

PLN

Polish Zloty

PYG

Paraguayan Guarani

$25

QAR

Qatari Riyal

RON

Romanian Leu

RSD

Serbian Dinar

$25

RWF*

Rwandan Franc

$100

SAR

Saudi Arabian Riyal

SCR*

Seychellois Rupee

$100

SEK

Swedish Krona

SGD

Singapore Dollar

SSP

South Sudanese Pound

$25

SZL*

Swazi Lilangeni

$100

THB

Thai Baht

TJS

Tajikistani Somoni

$25

TND

Tunisian Dinar

TRY

Turkish Lira

TTD

Trinidadian or Tobagonian Dollar

TWD

Taiwanese New Taiwan Dollar

$25

TZS*

Tanzanian Shilling

$100

UGX

Ugandan Shilling

USD

United States Dollar

UYU

Uruguayan Peso

UZS

Uzbekistani Som

VND

Vietnamese Dong

XOF*

West African CFA Franc

$100

ZAR

South African Rand

ZMW

Zambian Kwacha

Note: The claims will be paid out from your Aspire USD Checking Account.

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