Payroll

Create Custom Loan Policies and Rules

You need loan policies that fit your business, not the other way around. With PayPeople Payroll Software in Pakistan, you can design and enforce custom loan rules—setting clear eligibility criteria, maximum limits, and repayment terms. This flexibility ensures your internal financing options are fair, transparent, and fully aligned with your company’s financial strategy from day one.

Track EMIs with Streamlined Loan Management

Stop losing sleep over manual EMI tracking. Our platform provides a real-time, comprehensive ledger for every employee loan, automatically calculating and tracking installment deductions. Say goodbye to errors and confusion; enjoy a clear audit trail and up-to-the-minute visibility into all outstanding balances.

Apply Simple, Compound, or Zero Interest

Flexibility is essential when managing employee finances. Whether you opt for a flat-rate simple interest, a multi-period compound interest structure, or offer a generous zero-interest loan, PayPeople Cloud Payroll HR Software in Pakistan handles the complex math instantly. Choose the policy that supports your staff while the system guarantees accurate calculations for every deduction.

Custom Loan Report

Life happens, and your loan policies need to adapt quickly. Our streamlined system allows you to update, pause, or stop EMI deductions instantly with proper authorization. This control ensures accurate adjustments during final settlements, leaves of absence, or policy changes, keeping your payroll and employee records perfectly synchronized.