SalaryBox is a mobile application that utilizes biometric and real-time tracking technology to manage employee attendance, payroll, and compliance efficiently. It addresses the challenges of manual HR processes by automating attendance tracking, payroll calculations, and leave management, ensuring accurate and timely employee compensation.
Funding
$4.1M 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.
SCWVFounders
Product
Problem
Many businesses, especially those with field staff or hourly workers, struggle with manual and time-consuming processes for tracking attendance, managing payroll, and ensuring compliance. Inaccurate record-keeping and inefficient workflows can lead to errors in compensation, wasted administrative time, and potential legal issues.
Solution
SalaryBox is a mobile-first staff management system designed to streamline attendance, payroll, and compliance for businesses of all sizes. The platform automates attendance tracking through mobile and biometric integrations, simplifies payroll calculations, and manages employee documents. By centralizing these functions, SalaryBox reduces administrative overhead, minimizes errors, and ensures accurate and timely compensation for employees.
Target Audience
SalaryBox primarily targets small and medium-sized businesses across various industries, including retail, manufacturing, hospitality, and services, that need a comprehensive and user-friendly solution for managing their workforce.
Features
- Mobile attendance tracking with selfie and location verification
- Biometric attendance integration with SalaryBox Alpha, Alpha Pro, and Gamma devices
- Roster management with multiple company shifts and customizable schedules
- Leave management with custom leave policies, requests, and approvals
- Field staff location tracking with visit logs and time spent analysis
- Automated payroll calculations with overtime, fines, and reimbursements
- Compliance management for Provident Fund, Employee State Insurance, and taxes
- Employee document management for onboarding and record-keeping
- Employee identity verification with employment details and biodata
- Pay advance and loan management with calculation and reporting
- Direct salary deposits with account verification
- Team communication features including broadcast messages, chats, and notes
- Role-based access control for employees, attendance managers, and branch admins
- Automation rules for attendance and payroll management
- API integrations for connecting with other business systems