Efficient payroll for Cyprus businesses
A complete payroll capability that supports even the most complex use cases. Automatically generate all required government filings. Give employees instant access to payslips and leave balances. Integrate payroll, HR and financial accounting in one place.
March 2024 Payroll
90 employees
38min
Processing time
Trusted by forward-thinking businesses and accounting practices across Cyprus
A better way forward
From operational friction to efficient flow
Most Cyprus businesses rely on payroll systems designed decades ago, or manage payroll through spreadsheets. Mantle replaces these outdated approaches with modern automation and validation.
Traditional challenges
The limitations of manual payroll systems
Time-intensive processing
Manual data collection, calculation verification, and reconciliation consume hours each pay period.
Manual error checking
Each calculation requires verification. The risk of errors increases with employee count.
Limited employee access
HR teams spend significant time responding to routine inquiries about payslips and leave balances.
Compliance maintenance
Tax regulations change regularly. Year-end reporting demands extensive manual preparation.
Mantle's approach
How modern automation solves these problems
Automated calculations
Process entire payroll runs in minutes. The system handles tax, social insurance, and deductions automatically.
Built-in validation
Every calculation is verified against Cyprus regulations before finalization. Errors are caught immediately.
Employee self-service
Staff access their own payslips, leave balances, and employment documents through a secure portal.
Automatic compliance
Updates to tax rates and regulations are applied automatically. Year-end reports generate with one click.
The system handles routine calculations and compliance requirements, allowing your team to focus on review and approval - not manual data entry.
Payroll Processing
Process complete payroll runs in minutes with built-in validation
Create a pay run for your schedule and period. The system gathers time, applies earnings and deductions, calculates gross-to-net, validates against Cyprus regulations, and generates payment files.
- Automatic gross-to-net calculation.
- Complete calculation from salary through all adjustments to net pay.
- Net-to-gross calculation.
- Work backwards from desired net pay to determine gross salary.
- Current Cyprus tax and SI rates.
- Income tax, Social Insurance, and GESY per current regulations.
- Comprehensive earnings handling.
- Regular salary, overtime, bonuses, allowances, and custom earnings.
- Full deduction support.
- Statutory, pension, loan repayments, garnishments, and voluntary.
- Pre-submission validation.
- Validate against Cyprus regulations before finalization.
- Bank payment file generation.
- SEPA XML, CSV, and other formats ready for banking system.
- Web payslips and mass mailing.
- Secure online payslip access with automatic email distribution.
| Employee | Gross | Deductions | Net Pay |
|---|---|---|---|
| Maria Georgiou | €2,500 | €625 | €1,875 |
| Andreas Pavlou | |||
| Sophia Christou | |||
| Nikos Dimitriou | |||
| Elena Konstantinou | |||
| Christos Loizou | |||
| Yiannis Mamas | |||
| Demetris Savva | |||
| Total |
Employee Self-Service
Empower employees with direct access to payroll information
Employees access a secure portal to view payslips, check leave balances, submit time off requests, and update personal information - reducing administrative burden dramatically.
- Web payslip access and download.
- View and download PDF payslips for any historical period.
- Real-time leave balance visibility.
- See current balances, accrued amounts, and pending requests.
- Leave request submission.
- Submit requests with automatic routing and status tracking.
- Personal information updates.
- Update contact details and bank information with HR verification.
- Employment document access.
- Access contracts, policies, and tax certificates in your profile.
- Mobile-responsive interface.
- Full functionality on desktop, tablet, or mobile device.
- Automated notifications.
- Email alerts for new payslips, approvals, and important deadlines.
Good morning, Maria
Employee Portal
Recent Activity
Weekly Timesheet
Andreas Pavlou • March 18-24, 2024
| Day | Regular | Overtime | Total |
|---|---|---|---|
| Monday | 8.0h | — | 8.0h |
| Tuesday | |||
| Wednesday | |||
| Thursday | |||
| Friday | |||
| Saturday | |||
| Sunday | |||
| Week Total |
Time & Attendance
Track working hours accurately and feed them into payroll
Employees record hours through web, mobile, or time clocks. The system calculates regular and overtime based on your schedules, routes for approval, and feeds approved hours into payroll.
- Multiple time entry methods.
- Web interface, mobile app, or integrated biometric devices.
- Flexible work schedules.
- Standard schedules, shifts, or custom arrangements per employee.
- Automatic overtime calculation.
- Calculated based on daily or weekly limits with multiple rate thresholds.
- Manager approval workflows.
- Time entries route to managers for review before payroll.
- Real-time visibility.
- Managers see current period hours and identify issues early.
- Exception flagging.
- Alerts for missing entries, excessive hours, or unusual patterns.
- Direct payroll integration.
- Approved hours flow into payroll with correct rate allocation.
Leave Management
Automate leave tracking from request to balance update
Define leave types with individual accrual rules and policies. Employees submit requests through the portal, managers approve with team visibility, and balances update automatically.
- Flexible leave type configuration.
- Annual, sick, unpaid, and custom types with individual rules.
- Automatic accrual calculations.
- Balances accrue based on tenure - daily, monthly, or anniversary.
- Employee self-service requests.
- Submit requests with real-time balance visibility and conflict checking.
- Manager approval with team calendar.
- Approve requests while viewing team coverage to prevent gaps.
- Conflict detection and rules.
- Prevents double-booking and enforces minimum notice periods.
- Carryover and expiry handling.
- Configure carryover limits and expiry dates per leave type.
- Seamless payroll integration.
- Approved leave flows into payroll, adjusting days and triggering pay.
June 2024 • Team Calendar
March 2024 Compliance
45 employees
Employee Earnings
Base salary and overtime calculations
Employee Benefits
Allowances and bonus processing
Social Insurance Contributions
Employee and employer SI
GESY Contributions
Health system contributions
Provident Fund
Pension fund contributions
Union Memberships
Union dues and deductions
Payroll Summary
Final gross-to-net calculations
Employee Payslips
Sent via email to all employees
Accounting Entries
Journal entries for GL posting
Cyprus Compliance
Built-in compliance with Cyprus payroll regulations
Current Cyprus tax tables, Social Insurance rates, and GESY contributions applied automatically. Generate all required government filings with confidence in regulatory compliance.
- Current Cyprus tax calculation.
- Progressive income tax with monthly PAYE adjusted throughout the year.
- Social Insurance and GESY.
- Automatic employee and employer contributions per current rates.
- Monthly SI XML export.
- Submission-ready Social Insurance declarations.
- Monthly IR7 generation.
- PAYE income tax returns in required format.
- Annual IR7 returns.
- Year-end income tax reconciliation forms.
- IR63 and IR59 forms.
- Employee tax certificates and employer summaries.
- Comprehensive payroll registers.
- Detailed breakdowns by statutory category.
- Complete audit trail.
- Every calculation logged with timestamp and user.
Regulatory updates included: Tax rates and thresholds updated automatically as Cyprus legislation changes.
Complete Visibility
HR & Payroll connected to your entire operation
HR & Payroll doesn't exist in a silo. Every hour worked, every leave day taken, and every salary payment flows seamlessly across your business.
Finance
Payroll costs automatically update your financial statements with accurate cost center allocation and accruals.
CRM
Employee information linked to client relationships, project assignments, and performance metrics.
Treasury
Salary payments automatically generate bank files and update cash flow forecasts with payroll obligations.
Time Tracking
Tracked hours flow directly into timesheets, payroll calculations, and project cost allocation.
HR & Payroll
The command center for employee management, connecting payroll, time, leave, and compliance seamlessly.
Project Operations
Labor costs automatically allocated to projects, updating budgets and profitability in real-time.
File Drive
Employee documents automatically organized by employee, department, and document type with secure access.
Contacts
Employee data synchronized across the system, maintaining consistent information organization-wide.
Reporting
Real-time labor cost analysis, headcount metrics, and compliance reporting across your entire organization.
Comprehensive capabilities
Complete payroll for Cyprus businesses
Everything required for compliant payroll processing, from employee setup through government filing.
Employee Management
- Unlimited employee records
- Multi-company support
- Individual earnings configuration
- Custom deductions per employee
- Employer contribution setup
- Cost center allocation
- Worker import/export
- Employment history tracking
Pay Run Processing
- Multiple pay schedules
- Variable entry matrix
- Gross-to-net and net-to-gross calculation
- Cyprus tax and SI computation
- Custom earning types
- Flexible deduction handling
- Pre-finalization validation
- Pay run import/export
- Payslip generation
Time & Leave
- Time entry and approval
- Work schedule configuration
- Overtime calculation
- Multiple leave types
- Automatic leave accrual
- Leave request workflow
- Team calendar visibility
- Balance tracking
Cyprus Compliance
- Current Cyprus tax rates
- Social Insurance calculations
- GESY computation
- Monthly SI XML export
- Monthly IR7 export
- Annual IR7 generation
- IR63 form export
- IR59 form export
- Payroll registers
- Complete audit trail
Payment & Distribution
- Bank payment file generation
- Multiple bank file formats
- Non-banked worker registers
- Payment reconciliation
- General ledger integration
- Automatic journal posting
- Web payslip access
- Payslip mass mailing
- Payment status tracking
Employee Portal
- Secure access for all staff
- Web payslip viewing
- Historical payslip download
- Leave balance inquiry
- Leave request submission
- Personal data updates
- Document access
- Mobile-responsive design
- Email notifications
Modern payroll for Cyprus — see it live
Process faster, stay compliant and give employees self‑service access. Built for Cyprus legislation from day one.