The startup offers a payroll and attendance management platform that enables small and medium enterprises to efficiently track employee attendance, salaries, bonuses, and overtime in real-time across multiple devices. This solution simplifies workforce management by consolidating all employee-related tasks into a single application, reducing administrative overhead and improving operational efficiency.
Funding
$22M 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 small and medium-sized enterprises (SMEs) face challenges in efficiently managing staff attendance, payroll, and related compliance tasks, often relying on manual processes or disparate systems. This can lead to errors in salary calculations, difficulties in tracking employee time, and increased administrative overhead.
Solution
PagarBook offers a comprehensive platform designed to streamline payroll and attendance management for SMEs. The platform enables businesses to track employee attendance through various methods, including selfie, location, and facial recognition, and automates salary calculations based on attendance, bonuses, overtime, and deductions. It also facilitates online payments, generates payslips and detailed reports, and ensures compliance with local regulations. By consolidating these functions into a single application, PagarBook reduces administrative burdens, minimizes errors, and improves overall operational efficiency.
Target Audience
PagarBook primarily targets small and medium-sized enterprises (SMEs) across various industries looking to digitize and simplify their staff attendance and payroll management processes.
Features
- Real-time attendance tracking via selfie, GPS location, and AI-powered facial recognition.
- Automated salary calculations incorporating attendance, advances, bonuses, overtime, and fines.
- Online payment processing for staff salaries and advances.
- Generation of customizable salary slips and attendance reports with company branding.
- Staff mobile app for attendance marking, viewing salary slips, and tracking payments.
- Manager mode for supervisors to approve attendance, mark absences, and add late fines or overtime.
- Multi-shift attendance tracking and customizable salary structures with components like HRA, allowances, and PF/ESI deductions.
- Desktop application for easy payroll management with PF/ESI compliance and bulk payments.