Salary processing and payouts are not what they used to be a decade ago. What used to be an elaborate process of entering employee data into excel sheets, calculating salaries, generating pay-orders, and then manually going and submitting them to the bank are now managed with a click of a button from anywhere, anytime.
Now imagine if you could manage all your HR and Payroll operations through a single application. This means to say that you are managing all employee data, automatically processing employee leave and attendance data into payroll, and managing payroll processing – all through a cloud-based software – anywhere, anytime. Maybe you are already doing that.
But now, take a step further, and imagine if you could make salary payments directly from your greytHR application. Yes, you read that right – making salary payments directly from your greytHR application. This is exactly what connected banking will bring to you – a seamlessly connected HR and banking system that empowers you with single window operation.
Here are some of the features that connected banking will bring to you.
-Direct Online salary Transfers: -Increased security and confidentiality -Auto-generated reconciliation reports