ERP Module

Payroll & Compensation SoftwareAccurate Payroll, Every Time

End-to-end payroll processing with PF, ESI, PT, and TDS compliance built in. Process salaries, generate payslips, create bank files, and manage loans — all from one platform designed for Indian businesses.

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8 Core Capabilities

Everything You Need for Payroll Management

From salary processing to full & final settlement — manage the complete payroll lifecycle

Salary Processing

Run payroll for your entire organization in minutes. Automatic calculation of gross pay, deductions, allowances, and net pay. Support for multiple pay structures, shift differentials, and overtime.

Statutory Compliance (PF/ESI/PT)

Automated Provident Fund, ESI, and Professional Tax calculations as per latest government rules. Generate monthly PF ECR files, ESI returns, and PT challans with zero manual computation.

TDS Calculation

Automatic TDS computation under Section 192 based on declared investments and tax regime (old/new). Generate Form 16, Form 24Q, and monthly TDS challans for seamless income tax compliance.

Payslip Generation

Generate professional payslips in PDF format with your company branding. Employees can access payslips through the self-service portal. Bulk download and email distribution supported.

Bank File Generation

Generate bank-ready salary disbursement files in NEFT, RTGS, IMPS, and UPI formats. Support for all major Indian banks. One-click generation for faster salary credit to employee accounts.

Reimbursements

Process employee reimbursements for travel, medical, fuel, and other expenses. Employees submit claims with receipts, managers approve, and amounts are included in the next payroll cycle.

Loan Management

Manage employee loans and salary advances with automated EMI deductions. Track loan balances, set interest rates, and view repayment schedules. Loans are auto-deducted during payroll processing.

Full & Final Settlement

Automated full and final settlement for exiting employees. Calculate pending salary, leave encashment, gratuity, notice period recovery, and loan deductions in one consolidated statement.

Automated Salary Processing
Total
12,847
+8.2%
Active
9,432
+12.1%
Pending
1,205
-3.4%
Completed
2,210
+15.6%
Monthly Trend
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M
A
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S
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Breakdown
One-click payroll run72%
Support for CTC-based,58%
Attendance and leave45%
Payroll comparison and30%

Automated Salary Processing

Process payroll for your entire organization with a few clicks. Fininvo calculates gross salary, allowances, deductions, reimbursements, and net pay automatically. Supports multiple pay structures for different employee grades and locations.

One-click payroll run with automatic calculation of all components
Support for CTC-based, gross-based, and custom salary structures
Attendance and leave integration for automatic loss-of-pay deductions
Payroll comparison and variance reports for month-on-month analysis
Statutory Compliance (PF/ESI/PT/TDS)
Processed
4,518
+6.7%
Approved
3,892
+9.3%
In Review
412
-1.8%
Efficiency
94.2%
+2.1%
Recent ActivityLive
TXN-1024Active
Purchase order approved
78,900
TXN-1023Sent
Invoice generated
1,45,000
TXN-1022Completed
Payment received
62,300
TXN-1021Processed
Credit note issued
12,800

Statutory Compliance (PF/ESI/PT/TDS)

Stay 100% compliant with Indian payroll regulations. Fininvo auto-calculates PF, ESI, Professional Tax, and TDS based on the latest government rules. Generate all statutory returns and challans directly from the platform.

PF ECR file generation and monthly contribution tracking
ESI contribution calculation and half-yearly return generation
Professional Tax slab-based computation for all Indian states
TDS under Section 192 with old and new tax regime support
Payslip & Bank Disbursement
Records
8,204
+11.4%
Automated
6,150
+18.2%
Manual
2,054
-5.6%
Accuracy
99.7%
+0.3%
Monthly Trend
J
F
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A
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Breakdown
PDF payslips with72%
Bank file generation58%
Employee self-service portal45%
Bulk email distribution30%

Payslip & Bank Disbursement

Generate professional payslips and disburse salaries to employee bank accounts in one workflow. Payslips are branded with your company logo and distributed via email or the employee self-service portal.

PDF payslips with company branding and detailed component breakdown
Bank file generation in NEFT, RTGS, and bank-specific formats
Employee self-service portal for payslip download and tax declaration
Bulk email distribution of payslips with password protection

FAQ

Frequently Asked Questions

Yes. Fininvo auto-calculates PF (employee and employer contributions), ESI, and Professional Tax based on the latest government slabs and rules. Generate PF ECR files, ESI returns, and PT challans directly from the platform with zero manual computation.

Ready to Simplify Your Payroll?

Join businesses that process payroll in minutes instead of days with Fininvo. 100% statutory compliance, zero manual calculation.

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