Banks, NBFCs and insurers live with regulators, auditors and sensitive data. The HR and payroll software for banking and finance locks access by role, keeps a full audit trail on every change, models variable and performance pay, and keeps employee data resident in India.
Pay and data changes follow a maker-checker control, so no single person can push a change through alone, and every action is on record.
Step 1 · MakerRaise the change
HR enters a pay or data change in the system.
Step 2 · CheckerReview and approve
A second authorised user verifies and signs off.
Step 3 · LockedApproved and logged
Applied only after the second approval.
Full audit trail.Every change recorded with who changed what, and when.
Governance built in
The controls a regulated business needs
Access, audit, data residency and dual control are not add-ons. They are how the platform works by default.
Role-based access
Each user sees and does only what their role allows.
Full audit trails
Every action logged with user, change and timestamp.
India data residency
Employee data stays resident within India.
Maker-checker control
Dual approval on pay and sensitive data changes.
Access and roles
Who can do what, controlled to the role
A branch officer, a regional head and a payroll administrator should not see the same things. Assign roles and profiles so access to data and actions is scoped exactly, across branches and regions, and sensitive operations sit behind the right permissions.
Role and profile-based access
Branch and region-wise scoping
Permissions on sensitive actions
Access reviewed and auditable
Variable and performance pay
Incentives and bonus, modelled and controlled
Pay in banking and finance leans heavily on variable and performance-linked components. Model incentive and bonus structures, compute them against real numbers, and route them through the same approval controls, so a complex pay mix stays accurate and auditable.
Variable and performance-linked pay
Incentive and bonus calculation
Approval controls on payouts
Transparent, auditable workings
Payments and statutory
Salaries paid and filed, by the book
Generate bank-ready salary payment batches, apply ESI, PF, TDS and professional tax, and produce the returns and statements that auditors expect. For a business already under regulatory scrutiny, payroll is one more process that stays clean and on time.
Bank-ready salary payment batches
ESI, PF, TDS and professional tax
Form 16, Form 24Q and returns
Reports ready for audit
Under scrutiny
Run for a business under scrutiny
Access, audit, dual control and data residency are how the platform works by default, not features you bolt on later.
Role-basedAccess scoped to the role
AuditedEvery change on record
Dual controlMaker and checker on changes
In IndiaData residency kept
Customer stories
Finance teams that pass audits without the panic
“
In a regulated business, who can change what matters as much as the numbers. Role-based access and a maker-checker on every pay change mean no single person pushes something through, and the audit trail answers the auditor before they ask.
AV
Head of HRNBFC
“
Variable pay used to be a spreadsheet nobody could fully explain. Now incentives and bonus run through controlled, auditable workings, and salary payment batches and statutory returns come out clean every month.
SB
Finance ControllerInsurance firm
Security
Controls an auditor recognises
In a regulated business, who can change what matters as much as the numbers. Dual control, role-based access and a complete audit trail are built in, with data kept in India and independent certifications behind it.
Maker-checker on pay and data changes
Role-based access, scoped to the role
Audit trail on every action
Data residency in India; ISO 27001, SOC 2, DPDP
Does it support role-based access?
Yes. Assign roles and profiles so each user sees and does only what their role allows, scoped by branch and region, with sensitive actions behind the right permissions.
Is there a maker-checker control on changes?
Yes. Pay and sensitive data changes follow a maker-checker flow, so a second authorised user approves before anything is applied, and the change is logged.
Are actions audit-logged?
Yes. Every change is recorded with the user, the change and the timestamp, so audit trails are ready whenever a reviewer or regulator asks.
Can it handle variable and performance pay?
Yes. Model incentive and bonus structures, compute them against real numbers, and route payouts through the same approval controls.
Is employee data kept in India?
Yes. Employee data is kept resident within India, with encryption in transit and at rest and access controlled by role.
Does it connect to the rest of HR and payroll?
Yes. Banks, NBFCs and insurers run core HR, attendance, leave and payroll on one platform, with the same controls across every module.
HR & Payroll, one platformSimplify people ops for your team
