MCSITOBES PRIVATE LIMITED

Human Merit is a B2B payroll management and financing platform that helps startups and SMEs ensure employees are paid on time, even during temporary cash-flow shortages.

Companies manage employees, payroll, salary schedules and payments through Human Merit. When a verified company does not have sufficient funds on payday, Human Merit can cover the eligible shortfall through an approved business credit facility.

Employees receive their normal salaries while the employer repays the financed amount according to agreed terms.

Growing businesses often experience temporary cash-flow gaps because customers pay invoices late, revenue fluctuates, receivables are pending, or unexpected expenses arise.

A temporary business cash-flow problem should not become an employee salary problem.

Human Merit provides eligible companies with a Salary Credit Limit.

For example:

• Monthly Payroll: SAR 100,000
• Company Funding: SAR 65,000
• Salary Shortfall: SAR 35,000
• Human Merit Financing: SAR 35,000

Employees receive the complete SAR 100,000 payroll on time, while the company later repays the financed SAR 35,000 plus applicable financing charges.

1. Register Company
Businesses register and submit company, ownership, banking and authorized representative information.

2. Verification & Assessment
Human Merit performs KYB/KYC and evaluates revenue, banking activity, payroll history, liabilities, receivables and repayment behaviour.

3. Credit Limit
Eligible businesses receive a controlled salary financing limit based on their risk profile.

4. Manage Payroll
Companies add employees, manage salaries and schedule payroll manually, through Excel/CSV uploads or future HR/payroll integrations.

5. Payday Funding
Before payday, Human Merit calculates total payroll, company funding and any required financing. The employer reviews and approves the payroll.

6. Salary Payment
Company funds and approved financing are used to complete payroll through appropriate regulated banking/payment infrastructure.

7. Repayment
The employer repays the financed amount according to agreed terms. Human Merit tracks outstanding balances, repayments and available credit.

Human Merit includes a Company Dashboard, Employee Management, Payroll, Salary Credit, Payments, Repayments, Reports, Company Profile, Documents, and Admin & Risk Management.

Revenue can come from financing/profit charges, payroll processing, business subscriptions and premium financial services, subject to applicable financial, payment and Shariah regulations.

Human Merit is not an employee salary-loan application.

Company → receives financing
Employee → receives normal salary

Human Merit can evolve into a complete financial operating system for businesses, combining payroll, working-capital financing, invoice financing, payments, employee management, cash-flow forecasting and financial analytics.

“Your people get paid. On time. Every time.”