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Glossary

Use this glossary when a PerksPe term appears in setup, employee, card, or expense workflows.

A​

Admin​

A user who can manage company-level PerksPe settings, employees, perks, roles, approvals, reports, or billing based on their permissions.

Approval​

The review step where an approver accepts or rejects an employee expense, cash advance, or related request.

Approver​

A user assigned to review and approve employee expenses or requests. Approvers may be managers, finance users, or admins.

C​

Cash Advance​

Funds issued to an employee before an expense is incurred. Admins can assign cash advances and employees can track related transactions.

Company Balance​

The available amount in the organization's PerksPe wallet or account for funding employee perks, reimbursements, or other programs.

E​

Employee​

A user who receives assigned perks, uses PEP Coins, completes KYC, manages their card, and submits expenses.

Expense​

A business cost submitted by an employee with details such as category, amount, date, vendor, location, custom fields, and receipt attachments.

Expense Report​

A report used by admins and finance teams to review, filter, audit, and export expense records.

F​

Fuel Report​

A report used by admins and finance teams to review, filter, audit, and export fuel transaction records for reconciliation and tax compliance.

K​

KYC​

Know Your Customer verification. Employees complete KYC to verify identity before using card or wallet-related features.

Min KYC​

A basic KYC flow that verifies required identity details with fewer steps than full video KYC.

P​

PEP Coins​

PerksPe's digital reward balance. Employees can receive PEP Coins through perks, rewards, or benefits and use them through supported redemption flows.

Perk​

A company-provided benefit such as food, fuel, medical, travel, wellness, recognition, or lifestyle allowance.

Perk Assignment​

The process of giving a perk to one or more employees so they can receive the intended benefit.

Perk Cycle​

The schedule that controls when a recurring perk is credited, such as monthly or on another configured frequency.

R​

Reimbursement​

Money paid back to an employee after an expense is submitted and approved.

Role​

A permission group that controls what a user can see or do in PerksPe, such as admin, approver, finance, or employee access.

RuPay Card​

The card employees can use for supported PerksPe spending, rewards, and benefits after required setup and KYC steps are complete.

V​

Video KYC​

A video-based identity verification flow used when additional verification is required.

W​

Wallet​

An account balance used to fund or track benefits, rewards, expenses, or card-related transactions.