From salary structures to expense claims to final settlement " ChordHR Finance does the calculation once, from data that's already there.
No parallel data entry. No reconciliation spreadsheets. Attendance, leave, and salary data flow directly into payroll " and payroll flows into settlement.
Every module in the Finance collection connects to the same employee and attendance record " so numbers calculated in one place carry through automatically to the others.
Salary structures are effective-dated, deductions are pre-built, and attendance data is already in the system. Payroll runs from what's there " no spreadsheets, no manual inputs, no file imports.
Employees submit expenses on their phone. Approvals route through the right people. Reimbursements land in the next payroll run " no separate payment, no manual bank transfer, no tracking spreadsheet.
When a resignation or termination is approved, Final Settlement starts automatically. Every amount " notice period dues, gratuity, unpaid leave encashment, pending deductions " is calculated from data already in the system.
Health insurance, group life, and other benefits are administered from the same employee profile — enrollment, deductions, and coverage all visible in one place without a separate platform.
These aren't edge cases. They're the first things that come up in every finance demo.
HR exports attendance to a sheet, finance adds leave adjustments, someone copies in the salary register. By the time payroll runs, there are three versions of the truth and one of them is wrong.
Employees submit receipts by email or WhatsApp. Finance logs them in a sheet. Some get missed. Some get processed twice. The sheet is always one version behind.
An employee resigns. Finance needs notice period dues, gratuity, unpaid leave balance, and any deductions. Each number comes from a different person or file. The statement takes two days to produce.
Payroll runs on the 28th. Employees start asking for their slips on the 29th. HR forwards PDFs one by one via WhatsApp. Some ask again in a week because they can't find it.
Manual payroll is error-prone and slow. Standalone payroll software sits outside your HR data. ChordHR Finance runs from data that's already in the system.