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Exit Management

Offboarding and FnF, without the scramble

A clean exit every time — resignation, clearances, settlement and documents in one flow.

Kredily runs offboarding end to end: capture the resignation and last working day, track clearances and handover, compute the exit settlement on the same payroll engine that prorates every partial month, and generate the relieving and experience letters — so leavers are settled correctly, on time, with nothing left hanging.

AI Copilot built in Resignation → clearances → documents Exit settlement on the payroll engine
Exit Management
Kredily Exit Management dashboard Kredily Exit Management dashboard Kredily Exit Management dashboard Kredily Exit Management dashboard
AI keeps the exit honest

Nothing left hanging — the AI checks

Exits are where loose ends cost money. The AI Copilot answers from your real records, role-gated, with humans approving every irreversible step.

HR asks

“Which exits are still pending clearance this month?” — the AI Copilot answers from live exit records, visible only to roles allowed to see them.

Employees ask

“What will my final settlement include?” — plain-English answers grounded in the leaver’s own salary, leave balance and recovery data.

Loose ends flagged

A leaver past their last working day who’s still active, or an exit stuck without a settled payout — surfaced before month close, not discovered after.

The exit workflow

Resignation to relieving letter, one tracked flow

Every exit runs the same three lanes — so nothing depends on someone remembering.

Resignation & notice

  • Capture the resignation date, last working day and reason on the employee record
  • Notice period tracked against the exit dates
  • Exit approved manager → HR before anything is settled

Clearances & handover

  • A structured exit checklist tracks every step to completion
  • Asset returns, access closure and department sign-offs — visible, not verbal
  • Nothing missed before the last working day

Documentation

  • Relieving and experience letters generated from the employee record
  • Produced through document management — templated, not typed fresh each time
  • Records retained after exit — payslips and history stay auditable
Exit settlements

Settled on the payroll engine, not a side spreadsheet

The same engine that prorates mid-month joiners computes the leaver’s final month — so the numbers reconcile by construction.

Prorated final salary

Pay to the exact last working day — the payroll engine prorates the partial month per segment, the same way it handles every revision and joiner.

Leave encashment

Unused encashable leave is reconciled from the leave module and added to the settlement — no manual balance lookups.

Recoveries netted off

Outstanding loan and advance balances are recovered in the settlement, so the leaver’s account closes at zero on both sides.

One statement, in the run

The exit settlement appears as a line in the payroll run — reviewed, approved and locked with the same one-tap approval as everyone else’s pay.

Payout hold until cleared

Hold the leaver’s payout while clearances finish and release the rest of the batch on time — every hold and release is logged.

Pick the right action

Inactive, exit or delete — they are not the same

Kredily gives you three distinct actions when someone leaves, because they behave very differently in payroll.

Mark inactive

  • Stops login and removes them from active headcount
  • Payslips and attendance history are retained
  • The simple offboarding path when there’s nothing to settle

Exit Management

  • The full workflow: dates, notice, approvals, clearances, settlement, letters
  • Use it for every real resignation or termination
  • Moves the employee to Inactive once the settlement is done

Delete

  • Permanently erases the employee and their data — irreversible
  • Only for records created by mistake
  • Never for anyone who was on a payroll run — you need those records for compliance
Intelligence built in

Exits report into Workforce Intelligence

Every exit feeds Kredily’s leadership cockpit — so attrition is a number, not a feeling.

Attrition, decoded

Exit trends by department, tenure and month — computed from actual exits, not survey guesses.

Early warnings

Flight-risk signals with explainable drivers — so you hear about a team trending toward the door while there’s still time to act.

Cost of churn

Headcount and payroll cost move together when people leave — see both in Workforce Intelligence.

How it works

Three steps to a clean exit

1

Initiate the exit

Start from the employee record: resignation date, last working day, reason — approved manager → HR.

2

Clear & settle

Run the clearance checklist while the payroll engine computes the settlement — prorated salary, leave encashment, recoveries.

3

Document & close

Generate the relieving and experience letters, release the held payout, and the employee moves to Inactive — records retained.

FAQ

Exit management questions, answered

What is a full-and-final (exit) settlement?
It’s the final payment to a departing employee — pending salary to the last working day, leave encashment and any dues, less recoveries like loan balances. Kredily computes it as an exit settlement inside payroll. Try our FnF settlement calculator for an estimate.
How does Kredily compute the exit settlement?
On the payroll proration engine — the same one that handles mid-month joiners and revisions. The final month prorates to the exact last working day, leave encashment comes from the leave module, and loan or advance recoveries are netted off. No side spreadsheet to reconcile.
Does Kredily generate relieving and experience letters?
Yes. Exit documents such as relieving and experience letters are generated from the employee record through document management when the exit is processed.
Can I hold the leaver’s payout until clearances finish?
Yes. An individual payout can be put on hold during an exit while the rest of the batch disburses normally — and every hold and release is logged. See the payout page for details.
Can I track the offboarding steps?
Yes. The exit checklist tracks approvals, asset handover and clearances to completion, so nothing is missed before the last working day.
Why does an exited employee still show up in payroll?
Two expected reasons: if the last working day falls inside a payroll period you haven’t closed, the employee stays in that run to be paid for days worked and drops out of the next cycle automatically; and if the exit settlement isn’t completed, the exit is still in progress and the employee remains visible until it’s settled.
Should I mark a leaver inactive or delete them?
Mark inactive (or run Exit Management) for anyone who ever appeared on a payroll run — their payslips and history are retained for compliance. Delete is irreversible and only for records created by mistake.
Is gratuity included in the settlement?
Gratuity is calculated separately per the Payment of Gratuity Act — see our gratuity calculator. The exit settlement covers pending salary, leave encashment and dues, less recoveries.
What happens to the employee’s data after exit?
The record moves to Inactive: login stops and they leave active headcount and licensing counts, but payslips, attendance history and documents are retained — auditable whenever you need them.

Every exit, clean and on time.

Resignation to relieving letter — clearances tracked, settlement on the payroll engine, documents generated.