Solution
Staff loans & advances
PayrollMaster turns staff loans into a self-reconciling part of payroll: define loan types and limits, issue under interest-free, flat or reducing-balance interest, and let repayments deduct on each run and track to zero automatically.
30-day free trial. No credit card.
The problem
Staff loans usually live in a side spreadsheet, with someone manually remembering to deduct each installment and reconcile the balance.
The outcome
Loans issued, deducted and tracked to zero without a side spreadsheet.
How it works
The pieces that make it work
Across Africa
Staff loans & advances in each market you run payroll
Kenya Deductions run on the Kenya payroll cycle and show on each employee’s Kenya payslip.
Nigeria Deductions run on the Nigeria payroll cycle and show on each employee’s Nigeria payslip.
Uganda Deductions run on the Uganda payroll cycle and show on each employee’s Uganda payslip.
Tanzania Deductions run on the Tanzania payroll cycle and show on each employee’s Tanzania payslip.
Rwanda Deductions run on the Rwanda payroll cycle and show on each employee’s Rwanda payslip.
Zambia Deductions run on the Zambia payroll cycle and show on each employee’s Zambia payslip.
Start free and put it to work
Import your employee list, run one real month, and see staff loans & advances against your actual numbers before you switch anything.
30-day free trial. No credit card.