Kredily offers a payroll and HR software platform that automates employee data management, attendance tracking, and payroll processing, ensuring compliance with tax regulations and labor laws. By eliminating manual tasks and reducing errors, it enables organizations to efficiently manage their human resources while saving time and improving accuracy.
Funding
$10.9K 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.
Founders
Product
Problem
Many organizations face challenges in efficiently managing HR and payroll processes due to manual tasks, complex calculations, and the need to comply with ever-changing tax regulations and labor laws. This can lead to errors, wasted time, and potential compliance issues.
Solution
Kredily offers a comprehensive HR and payroll software platform designed to automate and streamline employee data management, attendance tracking, leave management, and payroll processing. The platform enables businesses to automate income tax computation, manage employee financial declarations, and customize salary structures to align with organizational policies. Kredily ensures compliance with statutory requirements such as PF, ESI, PT, and TDS, while also providing features for expense management and full and final settlement. By centralizing HR and payroll functions, Kredily helps organizations reduce administrative overhead, minimize errors, and improve overall efficiency.
Target Audience
Kredily primarily targets small to medium-sized enterprises (SMEs) in India that are looking for a cost-effective and user-friendly HR and payroll solution to streamline their HR processes and ensure compliance with local regulations.
Features
- Automated payroll processing with customizable salary structures and pay grades
- Integrated attendance management system with auto clock-in/out functionality and geofencing
- Comprehensive leave management system supporting various leave types and customizable leave rules
- Automated computation of PF, ESI, PT, and TDS contributions with report generation
- Employee finance management features for tax-saving declarations and verification
- Streamlined expense management for tracking employee expenditures
- Full and Final (FnF) settlement management for smooth employee departures
- Mobile app for both Android and iOS, enabling employees to request leave and access payslips
- Bank integration for safe and timely salary payouts