Franklin Payroll

Pay teams in fiat and crypto with compliant payroll and integrated HR workflows
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Start payday by choosing how each person gets paid—bank transfer, stablecoin, or both. In Franklin Payroll, you begin by importing your roster from a CSV or HRIS, then invite people to complete self-serve profiles. Employees and contractors upload tax forms, add bank details or wallets, and select their preferred payout mix. You define roles, salaries, contractor rates, earning types, and deductions, plus assign local calendars and holidays. For each country, you apply location-specific rules once, so they carry forward to every pay run. When you’re ready, group folks by entity, location, or pay frequency to keep cycles clean and predictable.

Run payroll in a few steps: pull in hours from timesheets, approve bonuses and expenses, and let prebuilt tax logic calculate withholdings by jurisdiction. Franklin flags anomalies—sudden spikes in hours, missing bank info, or rate changes—so you can review before approving. Use the preview to see net pay, employer costs, and funding needs for cash and digital assets side by side. Lock FX and token rates at approval, schedule disbursements, and fund from connected bank accounts and corporate wallets. Set multi-level approvals, then release payments automatically on the pay date with audit trails for every action.

Pay in digital assets without adding complexity. Connect your treasury wallet, choose supported networks and assets (including major stablecoins), and define who is eligible. Employees can split pay between fiat and crypto by percentage. For teammates who want local currency, enable automatic conversion at payout with transparent rates. Franklin generates itemized pay statements that reflect both cash and token amounts, and stores them in a secure portal. Contractors receive compliant invoices and can opt into on-chain payments, while employees get localized payslips and year-end summaries. Every crypto transaction includes chain-level references linked to payroll records for clean audits.

Close the books faster with real-time reporting and integrations. Map earning and tax codes to your general ledger, sync to accounting systems, and export journal entries by department, cost center, or project. Track burn, headcount cost, and token distribution across entities with filters and scheduled reports. Manage time off, approvals, and onboarding documents in one place, with role-based access for finance, HR, and regional admins. Use the API to trigger off-cycle runs, fetch payroll registers, or mirror wallet events to your data warehouse. Built-in controls—KYB/KYC, AML checks for wallets, and approval workflows—help you maintain compliance at scale while keeping payroll predictable for every country and currency you operate in.

Review Summary

Features

  • Fiat and crypto payouts with customizable splits
  • Self-serve onboarding with tax form collection
  • Jurisdiction-aware tax calculations and deductions
  • Payroll previews with employer cost breakdowns
  • Rate lock for FX and digital assets at approval
  • Multi-level approvals and scheduled disbursements
  • Wallet connections and supported stablecoin networks
  • Automatic fiat conversion for employees opting out of crypto
  • Localized payslips, contractor invoices, and year-end summaries
  • Audit trails linking chain transactions to payroll records
  • GL mapping, accounting sync, and cost center splits
  • Time off tracking, document storage, and approvals
  • Role-based access controls and multi-entity support
  • API and webhooks for custom workflows and data sync
  • KYB/KYC, AML checks, and governance controls

How It’s Used

  • Pay a distributed team with a mix of bank transfers and stablecoins in one run
  • Automate contractor invoices and pay them on-chain with itemized statements
  • Lock token and FX rates at approval to reduce payroll volatility
  • Sync payroll entries to accounting by department and project for faster close
  • Offer employees optional crypto allocations while keeping tax withholdings accurate
  • Run off-cycle bonuses and expense reimbursements without disrupting regular cycles
  • Provide localized payslips and year-end summaries for multi-country teams
  • Use the API to trigger payroll after timesheet approval in your HRIS

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