Close payroll with confidence, every single month
Attendance, leave, overtime and expenses arrive in the payroll run on their own. Salaries split exactly from CTC, a second approver signs off before money moves, and bank files are ready the moment you finalize.
What changes for payroll & finance
The left column is the week most teams are living with. The right is the same week once the record does the work.
Sound familiar?
- Loss-of-pay and overtime pulled together from attendance spreadsheets
- Salary structures that never quite add up to the CTC
- One person able to change a bank account and pay it the same day
- Bank upload files rebuilt by hand every month
With MaverickHR
- CTC that ties out exactlyEnter a target CTC and the balancer distributes it across components to the paise.
- Inputs that arrive on their ownLoss of pay, overtime, night pay, comp-off and approved expenses flow into the run.
- Four-eyes on every rupeeSalary revisions, bank changes and payroll finalize all need an independent checker.
- Bank files in one clickGenerate the exact format your bank accepts, routed from the right company account.
The features payroll & finance use most
Each one links to its full capability list, so you can check it against your own requirements.
Salary Structures & Revisions
Enter a target CTC — the breakdown is calculated exactly, to the paise.
- Company-wide compensation directory with CTC, est. monthly net and effective date
- Structure coverage: configured vs awaiting setup
- Target annual or monthly CTC auto-distributed exactly
- Effective date, revision reason and note visible to the employee
- and 6 more
Payroll Runs & Payslips
Monthly runs with LOP, overtime and comp-off, then a locked finalize.
- Payroll runs per financial year with Calculated → Finalized status
- Paid days, LOP, adjustments, OT, night pay and comp-off per employee
- Take-home, employee deductions, employer statutory cost and CTC per run
- List of employees not paid and the reason (missing setup, not employed)
- and 6 more
Bank Setup & Salary Files
Company accounts, bank file formats and salary routing rules.
- Multiple company bank accounts, each paying payslips in its own currency
- Branch default account for anyone not matched by a rule
- Pick or build a bank file format (field map) per bank
- Generate bulk payment files from finalized payroll runs
- and 2 more
Wage Bases, Tax Slabs & Exemptions
Statutory deductions charged on exactly the wages the law counts.
- Named wage bases such as PF wages, ESI, gratuity, SOCSO/EIS
- Contributions recomputed from what was actually paid each month — bonuses, overtime and arrears included
- Progressive or flat tax slab tables attached to TDS components
- Exemption rules: lesser-of-three (HRA), capped deduction (80C/80D) and fixed relief
- and 4 more
Expense Claims
Claim it, approve it, and get it back with salary.
- New claim, drafts and “repeat last claim”
- Track: awaiting approval, approved to be paid, reimbursed this year
- Manager approval chain, then finance queue
- Awaiting finance and awaiting payroll queues
- and 3 more
Maker-Checker Dual Control
The four-eyes principle on 43 sensitive changes.
- 43 gates across identity, access, hierarchy, payroll, leave, employment, company and attendance
- Severity levels: moderate, high and critical
- Direct edit or dual control per gate
- Eligible checkers by permission, with staffing checks
- and 4 more
MaverickHR for other teams
HR teams
Spend your time on people, not paperwork
Managers
Know your team at a glance — and approve in a tap
Delivery & IT services
Plan sprints on real capacity and protect every margin
Multi-site & field teams
Accurate attendance across every site and every shift
Employees
Everything about your work life, in your pocket
See MaverickHR running on your own rules
Tell us your headcount, your sites and the modules you need. We set up a walkthrough on your leave policy, shifts and pay structure, then send a quote that fits.
Replies within one business day, from the team that builds the product.