★★★★★ 4.9 on G2 · 1500+ companies · 4,00,000+ employees
BFSIHR for Financial Services · Built for Indian BFSI

Branches connected.
Access controlled.
HR audit-ready, every cycle.

247HRM runs HR for banks, NBFCs, insurers and fintechs on one secure record: head office, branches and field teams together. Role-based Smart Auth, background-verified onboarding and audit-ready MIS sit on an ISO 27001 and SOC 2 platform with GDPR controls for sensitive data.

Role-based Smart Auth
ISO 27001 & SOC 2
Verified onboarding
Incentives & performance
Audit-ready MIS
See what's inside
ISO 27001
& 27701 information
security certified
SOC 2
Type II audited
platform
Multi-branch
teams on one
record
ISO 27001 & SOC 2 platform
Built for sensitive data
One employee record
Head office & branches
Loved by 1500+ companies across Retail, Automotive, Manufacturing, Healthcare, IT and other industries
At a glance

247HRM for financial services, by the numbers.

What BFSI HR teams get when branches, field teams, access control and compliance all live in one secure suite.

1,500+
Indian businesses on 247HRM
ISO
27001 & 27701 certified platform
SOC 2
Type II audited, GDPR controls
1
Record for office, branch & field
Role
Smart Auth scopes every screen
15+
Years serving Indian employers
4.9/5
G2 average rating
What BFSI HR software must do

5 things an HR system for financial services should do. We do all five.

Onboard with background verification, scope access by role, track distributed branch and field teams, reward sales performance, and keep MIS audit-ready. 247HRM does all five from a single secure record.

Onboard verified

New joiners are onboarded with document collection and background-verification steps captured before access is granted, so every record starts clean.

Guided onboarding flow

Scope by role

Role-based Smart Auth limits what each person sees and does by role, branch and region, so salary and personal data never leak across the network.

Role based access

Track everywhere

Branch staff and field or sales teams mark attendance with face and geo capture, so a distributed workforce stays visible from one dashboard.

Geo field attendance

Reward performance

Goals, reviews and sales incentives are managed on the same record, so performance and variable pay for sales teams reconcile cleanly.

Incentives on one record

Stay audit-ready

Headcount, joiners, exits and statutory data are held in one place and exported as MIS, so internal and regulatory audits are answered fast.

Audit ready MIS
One suite · four jobs

From verified onboarding to audit-ready MIS, in one flow.

Click through to see how 247HRM handles secure onboarding, role-based access, distributed attendance, and performance with sales incentives, all from one record.

Background-verified onboarding, before access

New joiners across head office and branches are onboarded through a guided flow that collects documents and captures background-verification steps. Records are created once, and system access is granted only after the checks a financial institution requires are complete.

Document collectionVerification stepsBranch-wise joinersAccess after checks
1
record created
Guided
joiner flow
Verified
before access
Onboarding · new joiners
VERIFIED
JoinerBranchDocsStatus
Relationship MgrPuneCompleteOK
Branch CashierSuratCompleteOK
Field OfficerIndorePendingReview
3 joiners in onboarding2 verified · 1 in review

Role-based Smart Auth across the network

Smart Auth scopes every screen and action by role, branch and region. A branch manager sees their branch, a regional head sees their region, and salary or personal data never crosses where it should not. Access changes are logged for the audit trail.

Role and location scopeBranch-wise visibilityMaker-checker controlsAccess logged
38
roles defined
Scoped
by branch
Logged
access trail
Smart Auth · access map
ENFORCED
Branch Manager
Own branch
Regional Head
Region view
Field Officer
Self only
Salary data
HR + finance
Access scoped by role, branch and region

Branch and field teams, one dashboard

Branch staff mark attendance at their location, while field and sales teams use face and geo-fenced capture from the mobile app. A distributed BFSI workforce stays visible in real time, and attendance feeds payroll without a separate system per branch.

Geo-fenced field markingFace attendanceBranch dashboardsFeeds payroll
84
branches live
Geo
field capture
1
dashboard
Attendance · Region South
LIVE
TeamModeMarkedStatus
Branch staffFace1,460OK
Field / salesGeo1,120OK
On leave·60Review
2,640 staff visible todayOne dashboard · 84 branches

Performance and sales incentives, reconciled

Goals and reviews run on the same record as payroll, so performance and variable pay stay connected. Sales incentives are computed against targets and carried into payroll, which removes the spreadsheet hand-offs that delay and dispute incentive payouts.

Goals and reviewsSales incentivesTarget trackingInto payroll
1
record for pay
Variable
pay linked
0
spreadsheet handoff
Incentives · sales team
COMPUTED
OfficerTargetIncentiveStatus
RVRavi Verma112%₹28,400OK
DKDivya Kaur104%₹19,200OK
Incentives carried to payrollNo re-keying · reconciled
SECURITYData security & access engine

One platform, certified, role-scoped, audit-ready.

247HRM holds BFSI employee data on a platform certified to ISO/IEC 27001 and 27701, audited under SOC 2 Type II, with GDPR controls that matter for regulated finance. Role-based Smart Auth scopes access, and every figure traces to one record for clean audits.

Certified platform
ISO/IEC 27001 and 27701, SOC 2 Type II, with GDPR controls.
Role-based access
Smart Auth scopes every screen by role, branch and region.
Audit ready
Headcount, joiners, exits and statutory export as MIS on demand.
One record
Office, branch and field staff on a single source of truth.
Works with 247HRM payroll & self service
Access profile · EMP-2087
SCOPED
Role
Branch Manager · Pune
Data scope
Own branch
Salary view
Denied
Access enforced
Smart Auth · logged for audit
ISO
27001
The cost of fragmented HR

The hidden cost of branch HR run on spreadsheets.

When branches keep their own files, access is shared by passwords, incentives sit in spreadsheets and audits mean chasing data across regions, the same employee is entered again and again. Errors and exposure follow. Here is the difference 247HRM makes.

Fragmented BFSI HR

Shared access, scattered data, slow audits

What BFSI HR teams report when systems are split.

  • !
    2 to 3×The same employee keyed into a branch file, a payroll sheet and an MIS report.
  • !
    Open accessSalary and personal data visible to anyone with the shared login.
  • !
    Incentive disputesSales incentives tracked by hand, queried and paid late.
  • !
    Slow auditsInternal and regulatory audits answered by collecting files from each region.
Net effectExposure and audit strain
With 247HRM

One record, scoped and audit-ready

Secure HR for branches and field teams in one suite.

  • Enter onceEach employee captured a single time and reused across the network.
  • Scoped accessSmart Auth limits data by role, branch and region, on a certified platform.
  • Incentives in appSales incentives computed against targets and carried into payroll.
  • MIS on demandAudit data exported from one source, no chasing across regions.
Net effectSecure data, clean audits
How it works

HR that lives where the branches and field teams are.

Three connections do the work: onboarding in, attendance in, payroll and MIS out.

Branch spreadsheetsOne secure record

Onboarding and access, set once.

Verified onboarding and role-based access feed one secure employee record. As part of Complete HRMS, the financial services setup shares that record across head office, branches and field teams, so data and access never drift apart.

  • Verified joiners created once and reused across the suite
  • Smart Auth scopes every screen by role and location
  • Access changes logged for the audit trail
1secure record
0shared logins
Rolescoped access

Financial services HR · data flow

CONNECTED
📝
Verified onboarding completed
00:00:02
🔒
Smart Auth access scoped
00:00:05
Attendance & payroll computed
00:00:09
📄
Audit MIS prepared
--:--:--
·
Incentives in spreadsheetsIncentives on the record

Performance and incentives, without the spreadsheets.

Goals, reviews and sales incentives run on the same record as payroll. Field and sales teams capture attendance and progress from the app, supervisors approve, and variable pay reconciles into payroll, so incentive payouts are accurate and on time across branches.

  • Goals and reviews linked to one employee record
  • Sales incentives computed against targets
  • Variable pay carried into payroll, no re-keying
1record for pay
0incentive re-keying
Livetarget tracking
Field officer app
Region South
Incentive this cycle
₹28,400
112% of target · carried to payroll
Geo
marked
112%
target
3
visits
1 review pending
Quarter goals · manager
Financial Services HR ROI

What secure, unified HR pays back, in month one.

Drag the sliders to your network. Numbers update live, using benchmarks from Indian payroll teams.

Your company

Tell us how your team looks today. Numbers update live.

101,0005,000
₹200₹1,200₹2,500
22550
02550
Your annual savings
₹0
Estimated payback period: < 1 month
Includes HR time saved, errors prevented, tax leakage recovered and penalty exposure avoided
0
HR hours reclaimed / year
0
Errors prevented / year
🛡₹0
Leakage + penalties avoided
📈
ROI multiple, year one

Want a costed plan for your company?

Trusted By

247HRM runs HR & payroll for 1,500+ Indian businesses across 30+ industries.

Apollo 24/7
HBL
Lakshmi Group
Fortune Group
Global Aluminium
Andhra Paper Limited
Prathima Hospitals
Maangalya
Swayamvar
Mallareddy University
OM Sree Builders
PMJ Jewels
The Premia Academy
Aptar
Raghuram Constructions
Wonder Cars
Recognised by
G2 LeaderHR Management Suites 2025
Customers' ChoiceSoftwareSuggest 2025
Best Value HRMSCapterra India 2025
ISO/IEC 27001Certified by BSI Group
SOC 2 Type IIAICPA-audited
Customer stories

Why Indian BFSI teams keep HR on one secure record.

Verified themes from teams running branches, field staff and incentives on 247HRM.

"
★★★★★

Role-based access finally stopped salary data drifting across branches. Each manager sees their own branch and nothing more, and audits ask for it less.

HR
HR Head
NBFC · 2,600 employees
"
★★★★★

Sales incentives used to live in a spreadsheet and arrive late. Now they compute against targets and land in payroll in the same cycle.

PM
Payroll Manager
Insurance · 1,800 employees
"
★★★★★

The certified platform and audit-ready MIS made our security and compliance reviews far easier. We pull headcount and exits from one source.

CO
Compliance Officer
Fintech · 900 employees
Unified vs fragmented

247HRM for BFSI vs branch spreadsheets and add-ons.

Compared on the things BFSI HR teams feel every cycle and every audit.

Capability247HRMStandalone add-onsSpreadsheets
Data security ISO 27001, SOC 2, GDPR controls~ Varies by tool None
Role-based access Smart Auth by role & branch~ Limited roles Shared logins
Verified onboarding Guided, access after checks~ Separate flow Manual files
Branch + field attendance Face & geo, one dashboard Per-site silos Manual
Sales incentives Computed, into payroll Re-key into payroll By hand
Audit-ready MISOne sourceCollated by toolHeavy
Comparison reflects how BFSI HR behaves when unified on one secure suite versus run across add-ons and spreadsheets. Contact sales for the current feature state.
Questions, answered

Your financial services HR questions, answered.

How does 247HRM secure sensitive BFSI employee data?
247HRM runs on a platform certified to ISO/IEC 27001 and 27701 and audited under SOC 2 Type II, with GDPR controls. Role-based Smart Auth scopes access by role, branch and region, so salary and personal data stay limited to the people who should see them.
Can access be limited by branch and region?
Yes. Smart Auth defines roles and scopes every screen and action by role, branch and region. A branch manager sees their branch, a regional head sees their region, and access changes are logged for the audit trail.
Does it support background-verified onboarding?
New joiners are onboarded through a guided flow that collects documents and captures background-verification steps. System access is granted after the checks a financial institution requires are complete, and the record is created once for the rest of the suite.
How are field and sales teams tracked?
Branch staff mark attendance at their location, while field and sales teams use face and geo-fenced capture from the mobile app. A distributed workforce stays visible on one dashboard, and attendance feeds payroll without a separate system per branch.
Can it handle sales incentives and variable pay?
Yes. Goals, reviews and sales incentives run on the same record as payroll. Incentives are computed against targets and carried into payroll, so variable pay reconciles cleanly and payouts are accurate and on time.
How does 247HRM help with audits?
Headcount, joiners, exits and statutory data are held in one place and exported as MIS, so internal and regulatory audits are answered from a single source rather than by collecting files across regions.
Where these answers come from

Security and statutory references used across the HR, payroll and compliance modules:

  • ISO/IEC 27001 and 27701 information security and privacy certifications, and SOC 2 Type II audit scope.
  • Employees' Provident Funds (PF), Employees' State Insurance (ESI), Professional Tax (PT) and TDS rules applied in payroll.
  • Income Tax Department Form 24Q and Form 16 specifications for salary tax reporting.
Note: certifications and statutory rates follow the current standards and Finance Act for the period.
Glossary

Financial services HR terms, in plain language.

Quick reference for the terms used across the HR, payroll and compliance modules for BFSI.

BFSI
Banking, Financial Services and Insurance, the sector covering banks, NBFCs, insurers and fintechs that 247HRM serves with one secure HR record.
Role-based access
A control that limits what each person can see and do by their role; in 247HRM, Smart Auth also scopes access by branch and region.
Smart Auth
The 247HRM authorisation engine that defines roles and scopes every screen and action, with access changes logged for audit.
Background verification
Pre-employment checks of documents and history completed during onboarding before a new joiner is granted system access.
ISO/IEC 27001
The international standard for an information security management system, certifying how a platform protects sensitive data.
SOC 2 Type II
An audit of how a service provider manages security and privacy controls over a period, reviewed by an independent auditor.
Sales incentive
Variable pay earned by sales or field staff against targets, computed in 247HRM and carried into payroll.
MIS
Management Information System reports, such as headcount, joiners and exits, exported from one source for audits and reviews.

Watch secure, role-scoped HR run on a real branch network.

A product specialist sets up your roles, branch structure and access scopes, and walks your team through a full cycle, from onboarding to audit MIS.

ISO 27001 & SOC 2
Role-based Smart Auth
Audit-ready MIS
Live in production
1
secure record for office, branch and field staff
ISO
27001 certified
SOC 2
Type II audited
No card needed. A specialist responds within one business hour.