Payroll That Runs Itself. So Your HR Team Doesn’t Have To.

Modern payroll, built for growing businesses. From salary calculations and statutory compliance to payslips and reporting, Peyqo keeps payroll accurate, compliant, and stress-free.

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Peyqo Payroll & Compensation dashboard

SALARY STRUCTURES

Flexible Salary Structures for Every Workforce

Build customized salary structures with fixed, variable, and performance-based components tailored to every role and department.

  • Flexible salary structure builder
  • Fixed and variable pay components
  • Multiple structures by role or department
  • Detailed CTC breakup
  • Ready-to-use salary templates
Peyqo Payroll & Compensation — Flexible Salary Structures for Every Workforce
Peyqo Payroll & Compensation — Payroll Processing Without the Complexity

PAYROLL RUNS

Payroll Processing Without the Complexity

Automate payroll using real-time attendance, leave, and compensation data for faster and more accurate salary processing.

  • Automated salary and tax calculations
  • Attendance and leave integration
  • Payroll review and approval workflow
  • Payslip generation and distribution
  • Off-cycle and multi-entity payroll

LOANS & ADVANCES

Manage Loans and Salary Advances with Ease

Track employee loans and advances with automated deductions and complete repayment visibility.

  • Employee loans and advances
  • Custom repayment schedules
  • Automated EMI deductions
  • Flexible loan modifications
  • Employee self-service loan view
Peyqo Payroll & Compensation — Manage Loans and Salary Advances with Ease
Peyqo Payroll & Compensation — Automated Tax Declarations and TDS Management

INVESTMENT DECLARATIONS & TAX PLANNING

Automated Tax Declarations and TDS Management

Enable employees to declare investments while keeping tax calculations accurate and up to date.

  • Investment declaration portal
  • Support for 80C, HRA, and tax deductions
  • Proof submission and approval
  • Automatic TDS recalculation
  • Tax projection summary

STATUTORY COMPLIANCE AUTOMATION

Built-In Payroll Compliance

Stay compliant with automated statutory calculations and filing-ready reports.

  • PF, ESIC, TDS, and PT calculations
  • Automatic compliance updates
  • PF and TDS reports
  • Gratuity and leave encashment
  • Audit-ready compliance records
Peyqo Payroll & Compensation — Built-In Payroll Compliance
Peyqo Payroll & Compensation — Fast and Accurate Final Settlements

FULL & FINAL SETTLEMENT

Fast and Accurate Final Settlements

Simplify employee exits with automated full and final settlement calculations.

  • Pro-rated salary calculations
  • Leave encashment processing
  • Gratuity calculation
  • Loan and advance recovery
  • Settlement payslip generation

Frequently Asked Questions

Does Peyqo handle payroll for multiple entities?

Yes. Peyqo supports multi-entity payroll with separate configurations for each entity and a consolidated view across the organization.

How are statutory compliance updates handled?

Peyqo’s compliance team monitors regulatory changes and updates the platform automatically — no action required from your HR team.

What happens when there’s a mid-month joiner or exit?

Peyqo automatically calculates pro-rated salary for the joining or exit month based on the exact effective date.

Can employees access their payslips and Form 16 themselves?

Yes. Employees can access their complete payslip archive, Form 16, tax summary, and investment declaration status from their self-service portal at any time.

Is payroll data secure?

Yes. Peyqo uses enterprise-grade encryption, role-based access controls, and audit trails to protect all payroll data.

Related Features

Additional features

Ready to Replace Your HR Toolkit With One Powerful Platform?

Join hundreds of organizations that have simplified HR, payroll, and people management with Peyqo.