Simplify your payroll tasks with factoHR secure, integrated and secure payroll system
Security is Priority
Encryption at rest, audit trail and fine access control give top-level security to your critical employee data.
Highly Accurate
Plug-n-play integration and validation engine ensure minimal human intervention and the highest level of accuracy in data output.
Flexibility with Scale
Formula based calculation, process customization and unlimited component creation gives you flexibility you need now and in future.
Fully Integrated
Payroll integration creates a buttery smooth user experience with all internal modules and external system.
Self Service for Mobile Workforce
Next generation mobile app and employee self-service portal give easy access to employees to view compensation, income tax, and other relevant information on their mobile devices and desktops all the time.
View salary and YTD earnings
Download payslips
Declarations and exemptions
Configure Payroll Process with Ease
Our formula driven rule engine gives freedom to create unlimited earning or deduction components and flexibility to configure any type of salary structure based on industry or business type.
Create multiple payroll groups
Configure any number of salary components
Customize your payslip format
Security by Design
Employee information maintained in our HR software is stored in ISO accredited and SOC Type 2 certified cloud data centers and critical information like compensation data are protected with encryption at rest design approach.
Backup and data management
Scalable architecture
Real-time system health-checkup
Run Payroll Quickly
Our wizard-driven salary process guides you at every step so you don’t miss any critical payroll input and stay worry-free.
Single click payroll process
Off-cycle payroll process
factoHR is a best online payroll software in india, it has improved our productivity by 40%. Their hr payroll software allows us to process payroll on time, with accuracy, and give us ways to direct deposit employees salaries into bank accounts with connected banking for automated payroll and easy payment processing.
Mr. Devanathan Raghavan | Cycle Agarbatti
Single Point Payroll Software
factoHR integrated payroll software can cut your payroll processing time in half where input from internal modules and output to external systems flow seamlessly. factoHR provides built-in integration with internal modules like attendance management system, leave, or expense and external systems like banks, ERPs (SAP, Oracle, etc.) and accounting apps (Tally, Quickbook, etc.)
Configure auto payroll JV
Bank integrations and transfers
Auto Arrear Calculation
Retro changes or arrears are complex, tedious, and error-prone. Not any more factoHR payroll system keep track of all retro changes done in attendance or compensation and auto calculate statutory and other payments for you so you can stay worry free.
Supports Various Scenarios
Statutory Compliance in Arrear
Stay Ahead of Tax Laws
factoHR takes care of all your compliance requirements, be it PF, ESIC, Professional Tax, TDS, EDLI, etc., with automatic calculation and ready-to-file reports, challan, and forms.
Income tax
Provident Fund
Professional tax
ESIC
Performance Linked Payroll Solutions
factoHR payroll system allows you to gamify employee’s performance by linking their goals and KPI with their compensation. So you are not just paying an employee salaries but tracking their performance.
Incentives based on different performance parameters
Keep Trail of Salary Changes
With factoHR payroll management system easily revise employee salary by keeping trail of every revisions, so minute change in compensation can be trackback to who did it and why did it level.
Start your payroll automation journey today with factoHR
Automate Advance & Loan Management
Our payroll software allows you to manage entire advance and loan life cycle from policy setup, to eligibility calculation, to auto EMI deduction, to recovery of pending amount under one hood.
Maintain different types of loans
Loan Disbursement
EMI Deductions
Generate & Distribute Payslips in a Snap
With localization support and different formats available, you can generate payslips as per your choice and distribute them on a mobile app, email, or by print.
Reports & Analytics
Our 200+ pre-built payroll reports and custom report builder tool empower payroll teams to take data-backed proactive actions that positively impact your company’s bottom line.
Custom report builder
Auto report scheduler
Frequently asked questions on Payroll Software
What is Payroll Software?
How does Payroll Software works?
What are the best practises of payroll process?
What do organizations look for?
How does payroll software help an organisations?
How does it help employees?
Switch to factoHR payroll management software Today
Payroll is an essential part of any growing business. But to manage payroll manually can be time-consuming, error-prone, and inefficient. We understand the need to have best payroll software and therefore designed factoHR to automate and streamline entire payroll activities. Explore our pricing plans and get a trial of the software today.
© 2024 Copyright factoHR