Financial Empowerment for Your Workforce.
Trusted by 17,000+ companies & 600,000+ Employees.
Existing User? Sign In
Key Features of Financial Management for Employees
Easy to declare
Explore tax-saving investment opportunities, declare your investments, and submit proofs online.
Verify Declarations
Approve or reject investment declarations made by your employees for tax saving purposes.
One-stop View
View all verified investments declared with required proofs by individual or all employees at one place.
Employee finance is a crucial aspect of all your employees’ lives. Making the right investment and declaring them on
time helps them save taxes. With Kredily, your employees can effortlessly explore their tax-saving choices, declare their investments, submit valid proofs, and have them approved by your employee finance team, all without any inconvenience.
Data Security Guaranteed
All your company and employee data are securely stored on our servers and are never shared with any third-party entities without your explicit consent.
FAQ's
Accounting of employee finance refers to the process of recording and managing the financial transactions and activities related to employees within an organization. It involves tracking and analyzing various aspects such as employee salaries, benefits, deductions, reimbursements, and other financial transactions that are directly associated with the employees.
The investment declaration for tax savings is a formal statement provided by an employee to their employer at the beginning of a financial year. It allows employees to declare their investments and expenses that are eligible for tax deductions or exemptions as per the tax laws of the country. By submitting the investment declaration, employees can ensure that the correct amount of tax is deducted from their salary, considering their eligible investments and expenses.
To fill out an investment declaration, follow these steps:
- Gather relevant documents.
- Understand tax-saving options.
- Calculate eligible amounts.
- Complete the declaration form.
- Submit it to your employer.
Use Kredily's intuitive platform to simplify the process and ensure accurate calculations of eligible amounts. Our user-friendly interface makes it easy to enter your investment details and generate the declaration form seamlessly. Save time and avoid errors by utilizing Kredily's efficient tools for investment declaration.
To verify employee financial declarations, follow these steps:
- Request supporting documents like bank statements or tax returns.
- Conduct background checks through reputable agencies to validate financial information.
- Engage financial experts for professional assessment and guidance.
- Maintain confidentiality and strong data security measures.
Taking these measures will help ensure the accuracy and authenticity of employee financial declarations.