Best Payroll Software in India for your Business 2023
Streamlining the payment process gives you a headache? Try the ones that are filtered for you. We, at Techimply, have sorted out the best Payroll Software in India to simplify your payment process. Payroll software will perform services keeping track of employees, Salary calculations and deductions, generating salary and tax slips, depositing wages into employee bank accounts, taxation. Compare payroll management software features, pricing, and get free consultation for selecting the best payroll software for your organization in India.
Spine HR & Payroll is a robust solution with modular approach having features catering to all human resource requirements. With the fastest yet seamless implementation, Spine assures the scalability and responsiveness of the software.
The happiest to help customer support will leave no stone unturned to help you. A continuous R&D is undertaken to ensure that we keep up with the new technology and changing demands of the market. Spine HR Suite is segment agnostic and can be brough Read More... View Profile
Qandle is a configurable HR software that can smoothly integrate with your existing biometric and smart cards. Qandle's smart dashboard shows employee attendance, Punch-in, punch-out time, leave schedule everything at your fingertips. It also has a mobile app for all the activities. View Profile
Keka is one of the smartest HR and Payroll management solutions with a unified interface and a comprehensive set of features. Keka permits you to operate all core HR and Payroll operations through its integrated platform.
The software is an impeccable combination of both work discipline and fun of more than 12+ modules. These modules namely are Recruitment, Expense, Training, Workforce, Travel, Assets, Attendance, Helpdesk, Payroll, Performance and more. Each of the module is carefully crafted by our team of experts- business analysts and developers. This leading HR software also gives its clients the liberty to create dynamic workflows and map policies. Features like geofencing, automatic shift roster managem Read More... View Profile
greytHR is the flagship product of Greytip Software, a thought leader in HR Tech who innovates in HR Process Automation for more than 25 years, backed by visionary leadership, a competent team, and eminent investors. One of the simple and easy-to-use platforms to manage HR Information, Employee Onboarding, Leave and Attendance, Expense Claims, Payroll and Statutory Compliance, HR help desk, Reports, and Analytics. View Profile
Bid adieu to manual HR processes, store and organize valuable company data, boost employee satisfaction, eliminate the risk of manual errors, and foster a collaborative people culture with our streamlined HRMS platform.
At Zimyo, we believe that no matter the size of your business, you can make a change!
Whether it’s a large multi-level organisation or a group of departments that we’re talking about, you don’t need to worry about tedious org charts – we will h Read More... View Profile
Saral PayPack by Relyon Softech Ltd is a Payroll processing software which has attendance management, statutory compliance and tax management capabilities. With over 1.5 million payslips generated every month, we are trusted by our customers for payroll processing. We have been awarded "Exceptional Customer Support" by SoftwareSuggest which makes us more than a software provider, we are your trusted partners. Let us help you make your payroll processing "Saral". View Profile
uKnowva is a mobile-enabled enterprising platform to scale and automate everyday business operations. It makes employee work-life cycle easier when you create customisable HRMS, Social Intranet, meetings rooms, or other similar solutions on demand. With these 360-degree AI-backed solutions, uKnowva digitally transforms the businesses of today and tomorrow. View Profile
Oorwin is an integrated SaaS platform that gives a various suite of products across Recruitment, Sales, and HR to foster productivity and growth for staffing agencies and consulting companies. Oorwin is an AI-powered integrated platform for managing sales, recruitment, and HR. By bringing advanced AI automation to a straightforward and fully integrated interface, we help your workforce become more efficient in identifying, Read More... View Profile
Wallet HR is affordable HR solution for SMEs. They offer end to end HR solution from hiring to exit process covering the entire employee life cycle of any business on a single platform. Also, you can access WalletHR cloud solution from anywhere. View Profile
Pocket HRMS is a cloud-based HRMS Software with Employee 360-degree review solution, providing a tool which covers all process I.e Human resource and Payroll management, Employee self-service portal and leaves and holiday management system for Indian businesses. View Profile
HR Mangtaa is a venture of XMX Technologies. HR Mangtaa Software providing the end to end employee life cycle solution from onboarding to exit process to manage all HR process and providing a leading edge in your venture growth. View Profile
Farsight HCM Engine is the most trusted HRMS provider that assists you in selecting the right HR technology to leverage benefits like corporate culture and building the best HR process to drive organization with ease in today's fast-moving world. View Profile
ADP vista HCM solution having a reporting module with analytics features. Encompassing every detail of HR Management such as payroll and salary process, employee self-service portal, leave and holidays management, reporting manager assignment, as well as a tax deduction. View Profile
World’s first DLT enabled HRMS and Payroll Platform
HRAPP is India's first HR and Payroll Software with AI capability and Machine Learning with every workflow for streamlining the onboarding of employees and finance management. 400+ biometric and swap card device models are compatible with HRAPP. View Profile
SumHR is a modern, innovative and hassle-free online HR and Payroll Management software that suits every industry. It can improve the HR team performance and reduce the paperwork of HR managers. It also improves the communication system between HR managers to employees. The SumHR system assists startups to fortune 500 companies to streamline their HR and Payroll processes. View Profile
Nitso HR system provides a fast & reliable HRMS solution for startups to enterprise companies. Nitso HRMS solution automates all your vital needs relating to HR management, company process and employees, salary processing, and attendance by giving employee Information. View Profile
DataCore Technologies, a subsidiary of Alp Consulting Ltd. is part of the top 10 staffing organizations in India. working in the same industry for the last 21 years. DataCore Technologies is an ISO-certified organization catering to over 250+ clients across India. View Profile
Smart Payroll Systems know SME's are the backbone of India’s economy. They are aware that business isn’t easy, so they assist every business owner with their HR, Payroll, Attendance of the employees, and other payroll-related needs. View Profile
A company’s functioning and success rests solely on the shoulders of its employees and said employees work relentlessly for the upliftment of their company’s status. The one thing that the company can offer to its employees to make their livelihoods worthwhile is to ensure job satisfaction and, more importantly, financial status and month-end updates hassle-free and errorless. That’s where Payroll Software India steps in. Here’s all you need to know about what this system is an enticing software for the smooth functioning of the company’s data security and finances:
1. What is Payroll Software India?
In an easy to comprehend fashion, payroll software India is a self-regulating system that manages organizes and automates the process of managing salary to human resources.
Of course, employees are valuable assets to the company and it is a challenging task to satisfy employees. Although, with a fair payment system, it becomes easy and that’s where the payroll software India steps in.
Payroll software India empowers management to keep an eye on the time, presents, pay structure, and tax information. Moreover, payment software can effortlessly harmonize with the current company's procedures.
Payroll software India makes an accountant’s job smoother as it tracks every single entered detail of human resources and reduces mistakes caused by human error. So, it works seamlessly with the great advantage which will eventually save your time, manual efforts, and money.
2. List of Features You Should Gaze for in Payroll Software India
A list of fully-fledged payroll software India must have the following features -
Recording files, payslips, report
Time and attendance tracking
Benefits and bonus management
Tack of earning
3. A Process to purchase the right payroll software India
Once you find clarity about things you need in payroll software India, then it’s time to match and select as per the required features. Evidently, it is a tedious process and you would not end up with the right solution hassle-free. Here is the short checklist which will assist you completely while selecting the right payroll software for India with relative ease:
Figure out process loopholes and map out the various purposes
Frame the list of preferred specifications
Scour for a number of vendors who accomplish your payroll process requirements
Make a shortlist of vendors in a timely manner
Find out the pros and cons of services to be given
Make certain that the given cost or license fee is transparent and away from all the hidden charges
Ensure that business futuristic demand-flow will be met
Use the collected strategic data to select the best
4. Things/components to Consider While Purchasing Payroll Software in India
In the era of competition, numerous rivals are vying in the market who have been serving payroll software India according to the specific need of the company. Some of the companies purchase as per standard configuration. Still, it is a bit tedious to purchase supreme payroll software India. Here are some prerequisites to know while purchasing payroll software in India:
Once your business upsurges, the hectic tasklist soars. Hence, the payroll process becomes complex for the management. Here, they need to integrate the application like recruitment, reporting tools, timesheets, leave management with the payroll software India. Additionally, integration with the cloud is necessary for backing up records.
Reports are useful for companies to analyze the data and for decision-making. The payroll software India can be effective for the company when it generates reports whenever the company needs them.
When a company expands, one centralized system to manage and record the data is necessary. Hence, the payroll software India should be designed in such a way that has the capability to monitor the accessibility of function by each and every employee of the organization.
Technology is the key factor while purchasing any software. So, there are numerous technologies prevailing in the market for payroll software India as well. You need to be sure that chosen software should be in updated technology, easy to access, and storage.
Users always demand easy-to-use software and system. Payroll software India should be designed in such a way that allows users to enter data or generate the report effortlessly.
Support and customer service
In the cut-throat competition, it is a blessing for a user to have a customer care unit for solving issues. Hence, one needs to make sure before purchasing software that the company’s support and customer service satisfy the expectation of users.
5. What are the Benefits of Using Payroll Software in India ?
Payroll software India is useful in different ways like customization, business automation, data centralization. Here’s an overlook of the benefits;
The payroll software India configures payroll calculation and deduction quickly. The major factors of dispute like expenses, adjustments, leave management, fair wages can be broken down with the help of the payroll system. Hence, transparency can be maintained and disputes can be settled.
The payroll software India records each and every iota of data. Hence, it automatically generates certain tasks, like the year-end report that will be beneficial for analyzing and decision-making process. Additionally, if the payroll is attached to accounting or HR, payroll allows you to acquire customized reports. Hence, the manual work can be easily reduced.
Minimal financial drain
The payroll process is practically a time-consuming and error-prone task if done manually. The payroll software India, correctly selected and implemented, ends up with reduced expenses which would rather be redirected to the accountant or HR. Hence, it allows effective utilization of the company’s financial resources.
Data in the form of payslips and annual reports can be stored easily and need not be worried about with respect to its security as it stores the company’s valuable data in a privatized and easily accessible manner. So, whenever an employee wants to know the progress in his wages or analyze said progress, the payroll software India offers it.
Mistakes can damage the reputation of a company and sometimes it becomes the cause of the company's shutdown. Hence, the payroll software India is the right key to avoid mistakes as it records calculations with accuracy. It automatically calculates benefits, taxes, expenses, allowances when generating wages and pays employees correctly.
Quick access to data
The employees are valuable for any organization. It would do a company well to employ this system to record their employees’ data and the payroll software India plays a pivotal role in doing so. A payroll system is hence a vital tool in storing the data of a company’s employee and all the while providing easy access to it at desire.
The data of employees can be easily modified or destroyed when the company has a manual system to record data. The payroll software India is, however, less susceptible to tampering and destruction of data due to human error. The backing up of all data to the cloud system makes it easy to recuperate destroyed data.
6. List of Easy to Use Payroll Management Software in India
Here is the supreme easy to use payroll software India :
It is one of the future-obsessed, extensive, super-spontaneous, and rapid growth companies which aims to automate HR-related transaction and administration tasks that empower them to focus more on people. The company renders the services mainly for core HR, payroll, talent, and travel & expense. The company is ready to make your daily transaction easy by offering services like user-friendly UI, modular setup, granular configuratibility. This handles entire payroll processes such as payslip, event reminder, time & attendance management, expense management, shift management.
Keka HR payroll platform
The core theme of the company is to make lives smooth for others by simplifying complex workflows. The company’s center of attention lies on HR and payroll functioning in an integrated manner which wholly removes the usage of conventional HR and payroll management methods. The focal points to offer are an employee self-service portal, biometric attendance management, employee document management, salary information, and appraisal history.
Spine HR and payroll
The Payroll software India is quite user-friendly which enables users to have steady service. The company records all the valuable data of employees regarding leave, pay grade, payslips, and many more. That helps to generate reports and you can retrieve them at your desire. The key features of the software are ad hoc analysis, recruitment management, analytics and advanced MIS reports, online tests, and psychometric tests. The system is tailored in a way that is connected to the same system, roles and responsibilities can be easily assigned and some of the function rights can be shared. Additionally, data access restrictions can be made on the basis of location.
In the upgraded market, greytHR is a highly advanced HR and Payroll software in India. It sanctions exceptionally swift and accurate results which reduces work to smoothen the work. The company has secured lakhs of employee data and can manage the end number of employees on a daily basis which shows that it is quite handy software. It has integrated with other areas too like salary process management, human resource management with an advanced customer care service.
In the sector of SMEs, Wallet HR has been offering services at economical prices. It is the software that has the attribute to record and analyze all the data of the employees right from recruitment to retirement. The aim is to deliver service with greater efficiency, accuracy, simplify operations and increase the productivity of employees. The attributes of the software can be framed to suit any firm.
The software is designed in such a way that carries all the modules associated with HR and payroll management. It is basically a cloud-based as well as mobile-accessible business software that helps to increase productivity and efficiency as it uses non-conventional work methods. This is highly designed for startups and SMEs with customization.
It is a leading company that is providing an employee life cycleway out from entry to exit process to manage all the HR process eventually helps to boost the proficiency of the venture. The software has all the attributes right from hire to retire solution with easy on the pocket and offers as per desires. The software is ideally designed for small, medium, and large scale businesses that improvised the services, and all the functions of HR are integrated hence, accurate data can come out and reports can be generated whenever needed.
Bamboo HR function is designed for managing the tasks of HR in which it handles core responsibilities of HR like attendance management, time-off request, workforce training, and certification although it would be performed by an HR person manually. This has made it easy for HR to keep an eye on each and every worker working in an organization. Eventually, it results in increased efficiency and productivity.
Farsight HCM engine
One of the tedious tasks that prevail in any organization is to select the right employee for the designed post and more to that finding the right software to manage and record that data is another. To perform multiple tasks and manage all the employee's data is quite time and effort-consuming work. Hence, this software can be beneficial in both ways first to track records and to get reports for analysis of employees' work life cycle.
ADP vista HCM
It is software that contains exceptionally isolated features to perform analytical tasks. It has been tailored in such a way that could be fitted in all types of business. The HR functions are also integrated that simplifying the job responsibilities of HR personnel.
It is one of India's first AI capability and machine learning HR and payroll software India that manages HR and finance related all the transactions and records of employees offers a 14 days trial period. To satisfy its customer, they propose highly configurable functions and has been spending constant efforts to enhance the product of efficiency
Designed to suit any type of industry with advanced features and highly improvised standard services. It works as a bridge between HR managers and employees so that doubts can be solved and efficiency can be increased as it works in a better-improvised way with less paperwork.
To summarise, drawing an inference, and finding an appropriate and desired software as per business type is not a trouble-free task. Managing finances and distribution of the company’s resources is a time and effort-draining endeavour. The payroll software India thus strives to make the process easier and aid a company to allocate its assets in a fair and hassle-free manner all the while devoid of all the complications that tag along with other such software in the market.
The Payroll Software actually does the heavy lifting for organizations, where you need to do very little in the search process. Once you sign up in HR, payroll Software will assist you with gathering some vital information about your company’s objectives, necessities, and budget-oriented things for streamlining Human resource processes.
Top 10 Vendors of Payroll Software in India
Identifying the best software become one of the crucial steps to be carried out while relying upon them, take a look at the best Payroll software in India:
The HR Payroll software gives significant benefits such as:
Works on essential calculations, and deduction much quicker way
Payslips generation with ease
Effortless task automation i.e. year-end reporting
What are the Usage of Payroll Software?
Making better use of Payroll software is requisites require list of preparation such as:
Select software that suits with your need
Garneting information related to your business is on priority
Employees information management
Find the tax identification numbers
Carried out tax rates and meeting deadlines
Creates Employees wages management
Collects previous payroll records
How to Process Payroll Software India in 8 Easy Steps
Payroll processing is the procedure taken to pay employees at the top of a payroll period. This process involves multiple steps to confirm that pay is correctly calculated, tracked and dealt out which the proper amounts for tax, company benefits, and other deductions are withheld. Payroll is commonly managed and administered by a zealous payroll professional, but it could also make up the purview of human resources.
Establish your employer's positive identification
Collect relevant employee tax information
Choose a payroll schedule
Calculate gross pay
Determine each employee's deductions
Calculate net pay, and pay your employees
Keep payroll records, and make any necessary corrections
Be mindful of ongoing considerations
Payroll software in India for every business in following countries