Factorial provides an all‑in‑one cloud platform that centralizes core HR and finance functions for small to mid‑size enterprises. The software automates leave approvals, expense tracking, payroll calculations, and performance reviews while offering AI‑driven real‑time reporting and a mobile app for on‑the‑go attendance logging and document signing.
Funding
$166M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
FRGCFounders
Product
Problem
Many companies still rely on manual, fragmented processes for HR tasks such as time tracking, leave management, payroll preparation, and document handling, leading to errors, wasted time, and poor visibility into workforce data.
Solution
Factorial offers an all‑in‑one cloud platform that centralizes core HR and finance functions. The system automates absence approvals, expense tracking, payroll calculations, and performance reviews while providing a unified employee portal for self‑service requests. Integrated AI generates real‑time reports and custom analytics, turning raw data into actionable insights without manual spreadsheet work. A mobile app extends the same capabilities to on‑the‑go managers and staff, ensuring attendance logging, shift scheduling, and document signing can be performed from any device. The platform also includes secure electronic signature, e‑IDAS‑compliant document storage, and role‑based permission controls to protect sensitive information.
Target Audience
Factorial targets small to mid‑size enterprises that need a unified HR and payroll solution, including HR managers, finance teams, and operational leaders across diverse industries.
Features
- Automated leave, expense, and payroll workflows with built‑in approval routing
- Real‑time AI‑driven reporting and customizable dashboards for HR metrics
- Mobile clock‑in/out, QR code scanning, and geolocation for flexible attendance tracking
- Centralized document repository with electronic signatures and legal compliance
- Employee self‑service portal for accessing payslips, contracts, and personal data
- Dynamic org chart generation and permission‑based access control
- Integration of HR data with finance and IT modules for unified analytics