Accounting

Calculate payroll with commissions

Problem

If you are a big brand or manufacturer with large workforce, calculating payroll can be complicated since there are multiple variables such as commissions, bonuses, hourly rates, severances, exemptions etc. This could lead to manual errors and delays in paying the employees.

Solution

With Narrative, create a workflow to consolidate data living in different spreadsheets maintained by each team. Then clean and combine all the data in a single table which can be used to create gross payroll. Get automated email which you can review before uploading it to the payroll software.

Pull base pay rate from your payroll software.
1
Set up emails for your team where they can forward commissions, bonuses, hourly rates, severance etc.
2
Keep only necessary columns needed to calculate the gross payroll.
3
Combine all the variables to create a single table.
4
VApply formula to calculate the gross payroll.
5
Send email for review before uploading it to the payroll software.
6

FAQs

What is Narrative?

Narrative is an AI powered automation tool for operations teams.

- Are you manually pulling together data from different spreadsheets, documents or emails?
- Do you spend hours combining, cleaning and transforming that data before it's ready to generate insights?
- Is this process something you find yourself repeating every day or every week?

If yes, then Narrative can help you create automated processes and save time.

My processes are not documented. Can you help?

Absolutely! In fact, most companies don't have well documented processes. Therefore, we setup regular meetings with all our customers to learn about their processes, document them and work together to build the workflows in Narrative.

How will you keep my data secure?

At Narrative, we take data security very seriously. Your data is kept secure through advanced encryption, secure data storage in AWS and regular security audits. We don't use your data to train our AI models and any business information you share with us is treated with full confidentiality.

How much does Narrative cost?

We charge a monthly fees for the software. However, the pricing depends on the complexity of the workflows. Please reach out to discuss your processes and we will share a custom quote with you.

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