SalaryBox- HRMS and Payroll Software

SalaryBox is a comprehensive employee management platform designed to streamline attendance tracking, payroll processing, and leave management for businesses of all sizes. Launched in 2020 by Cresce Technology Private Limited, it aims to address the challenges faced by Micro, Small, and Medium Enterprises (MSMEs) in managing their workforce efficiently.

**Key Features of SalaryBox:**

– **Attendance Management:** Offers various methods for tracking employee attendance, including biometric systems, QR codes, geofencing, and GPS-based tracking for field staff.

– **Payroll Processing:** Automates salary calculations, manages overtime and night shifts, and generates detailed reports on attendance, leaves, and payroll expenses.

– **Leave Management:** Enables tracking of leave balances, submission and approval of leave requests, and maintains records for auditing and compliance purposes.

– **Document Management:** Securely stores and manages essential documents such as employee identification, contracts, performance records, training certificates, insurance policies, tax documents, and compliance records.

– **HR Appraisal Process:** Supports structured performance evaluations, goal setting, and feedback mechanisms to facilitate continuous improvement.

SalaryBox is available on multiple platforms, including Android, iOS, and desktop, making it accessible for businesses operating in various environments.

As of 2022, SalaryBox has managed payroll for over 2 million employees and has garnered over 1 million downloads on the Google Play Store, reflecting its widespread adoption and trust among businesses.

In 2021, the company raised USD 4 million in funding from investors including Y-Combinator, AME Cloud Ventures, Soma Capital, and 2 AM Ventures, enabling further development and expansion of its services.