How integration Adds Value?
Simplify your payouts by processing the salary directly from the factoHR’s software with the integration to ICICI corporate banking account
Authenticate with OTP
Ensure the authentication of the administrator when processing the salary every time
Transaction Query and Auto-Reconciliation
Keep track of the transaction’s status along with the minute details
Benefits of Integration
- Automate payroll processing and eliminate human errors.
- Have a zero balance ICICI current account.
- No more hassle of manual upload/download of the payment instruction file.
- Ensure the security and confidentiality of the employees’ data with end to end encryption.
- Credit the salary to the employees account instantly.
- Ensure authorization by giving access to the concerned person.
- Auto-Reconciliation to ensure adequate payouts as per the employee’s salary.
How to Set up Connected Banking?
How Direct Salary Credit Works?
Finalize the payroll amount
Initialize the payment from the bank transfer tab
Click on pay now to process the payout
Check for the payout details from transaction query