๐Ÿ’ฐ Payroll Management

Payroll That Actually Works

From salary structures to bank disbursement โ€” automate the entire payroll cycle with global payroll compliance, MathJS formula engine, approval workflows, and instant payslip delivery for every employee.

โœ“ Global Tax Readyโœ“ Formula Engineโœ“ Auto Payslipsโœ“ Bank Transfer
Payroll Run โ€” June 2025
$310K
Disbursed
148
Employees
2h 4m
Run Time
AK
Arjun Kumar
Sr. Engineer ยท $5,300 ยท Tax withheld
Paid
PM
Priya Menon
Product Manager ยท $6,800
Paid
RS
Rohit Shah
Sales Lead ยท $4,500 ยท 2 LOP days
Processing
๐Ÿ“‹Next: Finance approval โ†’ Lock โ†’ Disburse
2 hrs

Average payroll run time

98.9%

Payroll accuracy rate

500+

Companies processed

0 errors

In formula calculations

Fully Customisable for Your Organisation

Custom fields, workflows, branding, roles, and compliance rules โ€” tailored to your exact requirements.

How It Works

Payroll in 6 Simple Steps โšก

From data input to bank disbursement โ€” fully automated with human checkpoints at every stage. โœจ

1

Load Employees

Salary structures, attendance data, and leave deductions auto-fetched from the employee master โ€” no manual data entry.

2

Calculate Components

Formula engine computes all salary components โ€” fixed, percentage-based, and custom โ€” accurately for every employee.

3

Review & Adjust

HR reviews computed amounts, applies manual overrides, one-time bonuses, or deductions before submitting for approval.

4

Finance Approves

Finance manager reviews the payroll summary and approves with digital sign-off in the approval queue โ€” fully audited.

5

Lock & Disburse

Payroll locked to prevent edits. Bulk bank transfer files generated automatically and disbursement triggered.

6

Payslips Delivered

PDF payslips instantly available to every employee on the mobile app and web portal โ€” zero manual distribution.

Features

Everything Payroll Needs โšก

Salary Structure Engine

Build unlimited salary templates with custom components โ€” Fixed, HRA, DA, PF, ESI, Professional Tax, and any custom allowance. MathJS formulas like basic * 0.40 for HRA. Assign different structures per employee, department, or branch with effective dates.

One-Click Payroll Run

Process payroll for all employees in under 2 hours. Attendance-integrated LOP (Loss of Pay) deductions, leave adjustments, and shift-based calculations are all auto-applied. No spreadsheets, no manual entry, zero reconciliation work.

Instant PDF Payslips

Payslips auto-generated on payroll run completion. Employees access current and historical payslips via the mobile app. Detailed breakdown shows every component, deduction, gross pay, and net pay โ€” itemized and clear.

Compensation History & Revisions

Full audit trail for every salary change โ€” increments, restructuring, promotions. Each revision has an effective date and requires manager approval through the compensation change workflow before taking effect.

Bank Transfer & Payment Gateway

Configurable payment gateway integration for direct bank transfers. Generate bulk NEFT/IMPS transfer files ready for bank upload. Payroll gateway settings managed from the Admin settings panel.

Global Tax Compliance

Pre-built global payroll components for statutory deductions, employer contributions, allowances, and tax. Formula engine handles any country-specific or custom tax requirement.

Approve โ†’ Lock โ†’ Mark Paid

Three-stage state machine: HR processes โ†’ Finance approves โ†’ Payroll locked (prevents further edits) โ†’ Finance marks paid. Every state transition is logged with timestamp and user details in the audit trail.

Compensation Change Requests

Salary revision requests initiated by HR or employee flow through the approval inbox, get manager sign-off, and automatically reflect in the next payroll cycle โ€” no manual carry-forward.

Payroll Reports & Analytics

Monthly summaries, department cost breakdowns, year-on-year salary trends, and per-employee compensation history. Export to CSV for Finance ERP integration or PDF for auditor packages.

Salary Engine

Formula-Based. Infinitely Flexible. โœจ

The PowerHRMS salary engine uses MathJS expressions for every component, so you can model any compensation structure โ€” fixed, percentage-based, or conditionally computed โ€” without writing a single line of custom code. ๐Ÿ’Ž

  • โœ“HRA as a percentage of Basic: basic * 0.40
  • โœ“PF employer contribution: min(basic, 15000) * 0.12
  • โœ“LOP deduction: (gross / working_days) * lop_days
  • โœ“Professional Tax via state-wise slab lookup
  • โœ“Multiple salary structures per company, effective-dated
  • โœ“Preview calculated amounts before running payroll
Sr. Engineer โ€” Sample Breakdown(Currency customisable)
Basic Salary$3,000
Housing Allowance (40%)$1,200
Cost of Living Allowance$300
Special Allowance$600
Gross Pay$5,100
Statutory Deductionโˆ’$450
Tax Withholdingโˆ’$380
Net Pay$4,270

Start Processing Payroll in Minutes

Get a guided demo with your own salary structure and real employee data.