Meridian Gearworks
Payroll close: 4 days → 6 hours
with maker-checker approval and NEFT files generated in-app
The challenge
Month-end payroll took four days across spreadsheets and a legacy tool: statutory math checked by hand, approvals over email, and a bank file assembled manually — with no record of who changed what.
What changed
- The statutory engine computes gross, PF, and TDS per employee on a job queue — 2,400 people in minutes, not days.
- Maker ≠ checker is enforced by the platform: the admin who creates a run physically cannot approve it.
- A month-on-month variance gate (net-pay delta, headcount, joiners/exits) must read 'in line' before money moves.
- The NEFT bank file is generated in-app — download, upload to the bank, done.
6 hrs
payroll close, down from 4 days
100%
of runs dual-approved (enforced)
0
manual bank-file edits since go-live
Seen in the product
“The engine computes PF and TDS per person, a second admin has to approve the run, and the bank file is one click. Our auditors asked fewer questions this year than ever.”
— VP, Finance Operations
Every claim above maps to a flow you can click through.
See Folkgrove running on your numbers.
A 30-minute walkthrough with a real payroll cycle and your org structure. No slides — the actual product.