Finance — ChordHR
Finance

Payroll that runs itself. Finance that closes itself.

From salary structures to expense claims to final settlement " ChordHR Finance does the calculation once, from data that's already there.

Payroll run complete
Payslips distributed
Settlement calculated
ChordHR Finance — payroll, expenses, and settlement in one place

Finance that works from the data
you've already entered.

No parallel data entry. No reconciliation spreadsheets. Attendance, leave, and salary data flow directly into payroll " and payroll flows into settlement.

Payroll closes in one click
Attendance and leave are already loaded. Tax and statutory deductions are pre-configured. The payroll run does the calculation " you review and approve.
Statutory config built in
Tax slabs, EOBI, SESSI, gratuity, and notice period dues are part of the setup " not something you configure per client or update in a spreadsheet.
Payslips on the day of run
Employees can download their payslip the moment payroll is approved " no email, no request to HR, no waiting until the following week.
Final settlement in one statement
Triggered automatically on resignation approval " notice dues, gratuity, unpaid leave encashment, and deductions calculated and ready for sign-off.

Three modules. One payroll close.

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.

ChordHR Payroll Engine — payslip generation and payroll run
Payroll Engine

One click to run payroll. Data already loaded.

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.

  • Effective-dated salary structures " salary history preserved, changes take effect on their date
  • Statutory deductions auto-calculated " tax slabs, EOBI, SESSI, PESSI, gratuity
  • Payroll run in one click " attendance, leave, and adjustments already loaded
  • Payslip generation and distribution " downloadable by employees on day of run
Expense Management

Submit from mobile. Reimburse through payroll.

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.

  • Employee expense submission from mobile
  • Multi-level approval routing
  • Reimbursement linked directly to the next payroll run
  • Spend analytics by department and category
ChordHR Expense Management — expense submission and approval
ChordHR Final Settlement — calculated on exit
Final Settlement

Triggered on exit. Calculated in minutes.

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.

  • Triggered on resignation or termination approval " no manual initiation
  • Auto-calculates notice period dues, gratuity, unpaid leave encashment, deductions
  • Produces final settlement statement ready for employee sign-off
Benefits

Benefits on the same record. No separate portal.

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.

  • Medical and group life coverage tracked per employee
  • Benefit deductions flow into payroll automatically
  • Enrollment and changes recorded on the employee profile
  • No separate HR portal for benefits administration
ChordHR Benefits — health and group life on the employee profile

Payroll problems finance teams
deal with every month

These aren't edge cases. They're the first things that come up in every finance demo.

Payroll run — attendance and salary data already loaded Expense management — submit and approve on mobile Final settlement calculations — triggered on exit Employee payslip — self-service download
Attendance → payroll, no export needed
Salary structures already loaded

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.

ChordHR fix
Attendance, leave, and salary structures all live in ChordHR. Payroll reads from the same source " there is no consolidation step and no version to reconcile.

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.

ChordHR fix
Employees submit expenses through ChordHR. Finance approves in the same system. Approved reimbursements load into the next payroll run automatically " no sheet, no email chain.

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.

ChordHR fix
ChordHR calculates final settlement automatically from the resignation record " notice dues, gratuity, encashment, and deductions in one statement, ready for sign-off the same day.

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.

ChordHR fix
The moment payroll is approved, employees can download their payslip from the ChordHR portal. No message to HR, no forwarding " it's just there.

Not all payroll tools work the same way.

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.

"
Capability
Error-prone
Manual Process
Disconnected
Standalone Payroll
Statutory config (tax slabs, EOBI, gratuity)
Manual entry and calculation " error-prone
Built in " always current, zero configuration
Configured per client " needs ongoing updates
Attendance → payroll (no export required)
Manual CSV, prone to mismatch
Direct feed " no export, no reconciliation
Requires CSV or API integration
Expense reimbursement via payroll
Separate payment process outside payroll
Auto-linked to next payroll run
Not available " handled outside the tool
Final settlement (auto-triggered on exit)
Fully manual " spreadsheet-based
Triggered automatically on resignation approval
Manual initiation " separate workflow
Employee payslip access (self-service)
Email distribution or printed slip
Available on employee portal day of run
Varies by vendor " often requires separate portal
Payroll run time (200-person org)
Several hours of data entry and checks
Under 10 minutes end-to-end
30"60 minutes after data import and reconciliation

Finance is one collection. ChordHR is all of them.

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