Best Payroll Software in India for Small Businesses and Startups

June 27th 2024

Automating payroll is a never-ending problem for startups and small businesses. Many startups and new-age companies still go the traditional route when transferring salaries to the employees’ accounts. Their typical payroll workflow looks something like this: 

The HR/Finance team calculates salary tax deductions within the spreadsheet ➡️They log into the banking portal and transfer the salaries to each employee.  

Imagine the manual work involved in this process, and there, too, is no guarantee of accuracy. Delays, wrong tax calculations and flawed salary components are widespread, leading to frustrated employees.

What’s the alternative? 

Opt for the best payroll software in India that matches your use cases and gels perfectly with your team. We have shortlisted a list of payroll systems for startups. All you have to do is select the one best suited for your organisation. 

Let’s get started.

Essential Features to Look Out for in the Best Payroll Software

According to a report published in InboxInsight, 46% of 250 HR decision-makers intend to learn more about an HR software’s payroll features before purchasing it. 

That brings us to a question. 

Which payroll features should you invest in for your startups? 

When selecting a payroll solution for your business, looking beyond basic features and pricing is crucial. Here are the essential features that a comprehensive payroll software should offer:

User-friendly interface

  • One-click salary transfers for efficient processing

  • Seamless integrations with other HR and financial systems

  • Intuitive user experience for both administrators and employees

Compliance management

  • Automatic calculations for TDS, PF, ESI, and professional tax deductions

  • Up-to-date compliance with local and national regulations

  • Comprehensive reporting tools for statutory requirements

Scalability and flexibility

  • Accommodate your growing workforce, including full-time employees, freelancers, and consultants

  • Handle multi-currency payroll for businesses with international operations

  • Adapt to changing business needs without significant overhauls

Robust customer support

  • Reliable and responsive customer service

  • Comprehensive training resources for smooth adoption

  • Ongoing technical support for any issues that arise

Customisation options

  • Flexibility to customise salary components

  • Ability to create personalised features tailored to your team's needs

  • Adaptability to your unique business processes and payroll structures

Here’s a list of features keeping in mind both the employees and HR/Finance professionals:    

Features for HR and Finance Professionals

  • A centralised database to store employee information such as bank account details and compensation breakdown, etc.  

  • Automated payroll calculation based on working hours, leaves, tax eligibility and deduction, overtime, etc.

  • Updated local and state tax regulations for compliance

  • Time, attendance, and leave management system integration for easy tracking and salary calculation

  • Reporting and analytics, including standard payroll, salary analysis, overtime, pay type reports, etc. 

  • Role-based access controls to protect sensitive employee information 

  • Detailed payroll history and audit trail to track changes

Features for Employees

  • Self-service portal to access payroll information, view and upload tax deduction documents 

  • Downloadable payslips and other documents with a detailed breakdown of deductions, allowances, etc.

  • Access to support resources like FAQs, helpdesk, and guides

  • Mobile app or mobile-responsive browser for easy payroll access

How to Select the Best Payroll Software? 

Now that you have a list of India's best payroll solutions, what’s next? It's time to consider aspects beyond features and pricing. 

  • Ease of use: Assess the software for one-click salary transfers, seamless integrations, and user experience

  • Compliance: Check if the software handles payroll compliance requirements, such as TDS, PF, ESI, professional tax deductions, reporting, etc

  • Scalability: Make sure the payroll software scales with your growing business, accommodating more full-time employees, freelancers and consultants, and its ability to handle multi-currency payroll

  • Customer support: Test if the software vendor has reliable and responsive customer support. Check for training resources to help with tool adoption

  • Customisation: Assess the vendor’s flexibility to customise salary components or other personalised features that your team might need

Quick Comparison of Top Three Best Payroll Software in India

Let us now take you through the best payroll systems for SMEs. Before that, here’s a glance at our top three picks. It is based on their features and startup-friendly pricing.

Tool name

Craze

Zoho Payroll

HROne

Pros

All-in-one HR, Finance and Compliance, custom salary components and super-fast support

Intuitive UI and payroll structure customisation




Easy to process payroll and simplified calculations


Cons

No mobile application, but the web application is efficient enough


There is no feature to run payroll in batches.

Live chat and support need improvement

Limited customisation and slow page response

Ideal for

For startups and SMEs with less than 100 employees looking for advanced payroll features

SMEs looking for basic payroll process automation




Small businesses with 50+ employees seeking basic payroll management 

Starting price

₹100/ person/ month with no minimum user commitment and feature gating 

₹75/ employee/ month for at least 25 employees, effectively  ₹3750 with email and voice support only

The basic plan at ₹85/ user/ month, doesn’t cover all use cases

Top 10 Payroll Software in India

Here are more detailed features, pricing, and use case breakdowns for the best payroll software in India. In addition to our analysis, we have relied on review portals like G2 and Capterra to identify the tools' pros and cons. 

  1. Craze

craze
craze
craze

Craze is one of the newest players on the block, but it is on our list of the best payroll systems for small businesses for a reason. The best thing about Craze is that it is simple and built for startups who struggle with spreadsheets or want to switch from clunky and confusing systems. The pricing is a cherry on top, the most flexible on this list. 

Craze’s one-click payroll software reduces the back-and-forth of your finance and HR team and the excess effort they spend logging in to the bank account and manually processing salaries. All you have to do is insert the month you are processing the payroll and click on ‘Process Payment,’ and you are good to go.

craze finalise payroll
craze finalise payroll
craze finalise payroll

HR/Finance professionals and employees can calculate tax compliances such as EPF, ESIC, TDS, and PF and download Form 16 from the same portal without remembering any tax regulations or performing any manual calculations. Simply turn on the compliances you want to apply, and your job is done. 

craze tax compliance
craze tax compliance
craze tax compliance

Craze efficiently syncs with built-in leave management, Core HR, and attendance management tools to calculate custom salary structures for each employee without the HR team having to track any records or leaves within a spreadsheet. Craze also supports contractor payments, and you can process payments from freelancers, interns, and consultants using the same dashboard. 

craze contractor payments
craze contractor payments
craze contractor payments

Craze best features

  • Automated one-click payroll compatible with any existing bank account — no integration required

  • Ensure error-free, tax-compliant employee salaries and contractor payments 

  • Generated automated tax reports, managed bonuses and disbursements within Craze’s intuitive dashboard 

  • Sync leaves and attendance effortlessly to ensure updated and accurate salary processing 

  • Support for multiple salary structures as per team or departments and flexible benefits plan 

  • Preview payslips for employees

craze signup
craze signup
craze signup

Pros

  • Super-fast support from SMEs to address all your specific payroll-related queries 

  • Employee-friendly software, easy to set up and takes only 24 hours to process your first payroll 

  • An all-in-one people operating system where you can manage payroll, leaves, attendance, tax, employee database and all other HR and finance operations without switching between applications 

  • Startup-proof, per user-per-month pricing, no feature gating

We completed onboarding in under half a day and processed payroll within 24 hours of our initial conversation. Craze makes tasks much easier compared to other disconnected solutions. Excel sheets are cumbersome and prone to errors, but Craze solves these issues. My experience has been excellent! I highly recommend Craze.

Aman Rai

Co-Founder, Aroleap

We completed onboarding in under half a day and processed payroll within 24 hours of our initial conversation. Craze makes tasks much easier compared to other disconnected solutions. Excel sheets are cumbersome and prone to errors, but Craze solves these issues. My experience has been excellent! I highly recommend Craze.

Aman Rai

Co-Founder, Aroleap

We completed onboarding in under half a day and processed payroll within 24 hours of our initial conversation. Craze makes tasks much easier compared to other disconnected solutions. Excel sheets are cumbersome and prone to errors, but Craze solves these issues. My experience has been excellent! I highly recommend Craze.

Aman Rai

Co-Founder, Aroleap

Cons

Craze doesn’t have a mobile application yet, but the web application and its simplicity make up for it

Ideal for: SMEs and startups with team sizes less than 100 looking for a simple yet advanced payroll software with an affordable pricing plan and absolutely no feature-gating 

Pricing

  • Growth: The Core, the base layer for all other apps, is ₹40/month/person. The Growth Plan costs you ₹60/month/person with no setup fees or support fees, accommodates unlimited employees, and gives you access to all the payroll features mentioned above. The cost of using the payroll software is effectively ₹100/month/person

  • Enterprise: The Enterprise plan is suitable for enterprises with 100+ employees looking for specific features for their custom use cases, and the Craze team creates personalised pricing plans accordingly 

We onboarded in half a day and processed payroll within 24 hours of our initial conversation.

Aman Rai

Co-Founder,
Aroleap

Switching to Craze for Payroll and HR was the best decision. The customer service is excellent.


Sahaan Kumar

Founder, Bubble Network

Craze has automated our payroll and compliance, saving us a significant amount of time.

Pushkara RS

Co-Founder & COO, DocTrue

Our Customers Love Us

Read testimonials

Our Customers Love Us

Read testimonials

We onboarded in half a day and processed payroll within 24 hours of our initial conversation.


Aman Rai

Co-Founder, Aroleap

Switching to Craze for Payroll & HR was the best decision. Excellent customer service.



Sahaan Kumar

Founder, Bubble Network

Craze has automated our payroll and compliance, saving us a significant amount of time.


Pushkara RS

Co-Founder & COO, DocTrue

Our Customers Love Us

Read testimonials

We onboarded in half a day and processed payroll within 24 hours of our initial conversation.


Aman Rai

Co-Founder, Aroleap

Switching to Craze for Payroll & HR was the best decision. Excellent customer service.



Sahaan Kumar

Founder, Bubble Network

Craze has automated our payroll and compliance, saving us a significant amount of time.


Pushkara RS

Co-Founder & COO, DocTrue

  1. Keka

keka
keka
keka

Keka's payroll management system automates payroll processes to reduce payment errors, simplify payroll operations, and ensure timely salary credit.

Keka best features

  • Configurable salary structure

  • Payroll preview before final release

  • Integrated expense management with custom approval workflows

Explore Keka features in this detailed Keka Review 2024

Pros

  • Accurate tax declarations and data visibility

  • Easy to access and use payment records

Hardik B  - “ One of the best payroll management software solutions is an all-in-one employee management tool. It manages IT returns, stores the entire history of salary slips, and allows employees/manageer to set up one on one meetings directly in Keka or through integrated Microsoft Teams feature. It's easy to use, and I love using it frequently.” Source

Cons

  • Inadequate reading materials and support for beginners

  • Mobile app UI requires improvement

Hardik B - “ Many times, the performance of Web Keka suddenly drops, making it inaccessible during office hours. In my experience, the mobile app is to consume more data and often runs slowly on mobile networks.” Source

Ideal for: Mid-sized businesses and enterprises with high budgets looking for payroll automation

Pricing

  • Foundation: ₹9,999/month for up to 100 employees and ₹90/month for each extra employee. No access to employee self-service

  • Strength: ₹12,999/month for up to 100 employees and ₹120/month for each extra employee with feature lock-ins

  • Growth: ₹15,999/month for up to 100 employees and ₹150/month for each extra employee. Access all payroll and Core HR features

  1. RazorpayX Payroll

razorpayx
razorpayx

RazorpayX Payroll is an automated payroll and compliance software for HR managers, payroll administrators, and employees. The platform simplifies payroll processing with automatic salary deposits and tax payments.

RazorpayX Payroll best features 

  • Automatic salary calculation and direct transfer to employee bank accounts

  • Self-serve employee dashboard for payslips, Form 16, and investment declarations

  • Payroll auto-sync with attendance and leave management for error-free salary disbursements

Learn more about RazorpayX Payroll features in this detailed RazorpayX Payroll Review 2024

Pros 

  • Easy-to-use and compliant payroll processing 

  • Automatic calculation of deductions and bonus

Paramjit S - “ Payment processing is very easy, many payment options like credit card, wallet, upi and netbanking etc.” Source

Cons 

  • Limited report generation features

  • There is no feature to download Form 16 mid-year

  • Lack of robust Leaves and Attendance products

Ayushi A - “ Razorpay customer support is unsatisfactory as it takes longer to resolve raised tickets.Source

Ideal for: SMEs and enterprises looking for comprehensive payroll management features

Pricing

  • Prime: ₹2999/month for up to 20 employees with basic payroll features

  • Elite: ₹5999/month for up to 50 employees and ₹100/employee/month for extra employees. Access to advanced payroll but limited expense management features

  • Enterprise: Custom pricing plan best for teams of 100+ employees

  1. Zoho Payroll

zoho payroll
zoho payroll
zoho payroll

Zoho Payroll is a tax-compliant payroll software for India. The tool automates payroll calculation and statutory compliance. It also provides employee self-service to enable collaboration between employees and payroll teams.

Zoho Payroll best features 

  • Automate payroll calculation and generate payslips with detailed tax, allowance, and deduction breakdown

  • Customisable pay slabs for different employee groups

  • User roles and role-based access for security

Pros 

  • Clean and intuitive UI

  • Customisations for unique payroll structures

Shradha J. - “ Ease in operating. It is user friendly. Easy to integrate with other Zoho Applications to track. Good support from the zoho whenever required . You can implement this sofware easily with large group.” Source

Cons 

  • The feature to run payroll in batches is missing

  • Live chat and support features could be better

Sunil Y.- “ The missing feature which acccording to me lacks is running payrolls in batches.” Source

Ideal for: SMEs looking for basic payroll system automation

Pricing

  • Free: ₹0 up to 10 employees with basic payroll features

  • Standard: ₹50/employee/ month for at least 25 employees. No access to advanced payroll features like custom user roles and access controls

  • Professional: ₹75/employee/month for at least 50 employees. Get access to payroll features

  1. Kredily

kredily
kredily
kredily

Kredily is a payroll software that enables custom salary configurations and automates compliance tasks like tax calculations. 

Kredily best features 

  • Customisable salary structures to align with company needs

  • Automated overtime wages and tax deduction calculations

  • Mid-month variable payouts for flexible employee compensation

Learn more about Kredily’s leave management features in this Kredily Review 2024.

Pros 

  • Easy-to-use interface

  • It is easy to generate payslips and approve expenses and payouts

Komalpreet K. - “ I had a fantastic experience using the portal; It helped the organization in every way to maintain data and keep track of every employee and his/her details, I am suggesting it to my friends also.” Source

Cons 

  • Custom support is not responsive

  • Login issues and the free version is buggy

Akash N. - “The only issue I feel needs attention is, that we get logged out automatically from the website after some time of inactivity or closing the website. Every time we close the tool we have to log in again.” Source

Ideal for: Mid-sized businesses and enterprises with custom payroll needs

Pricing

  • Free forever: ₹0/Month with one customisable salary structure and basic payroll features

  • Professional: ₹1499/Month for up to 25 employees and ₹60/employee extra from the 26th employee. Payslip bulk download and IT computation are available as add-ons

  • Enterprise: Custom pricing

  1. GreytHR

greythr
greythr
greythr

GreytHR best features

  • Automate PF calculations with ECR generation

  • Employee Self-Service (ESS) portal to improve employee experience

  • Payroll analytics and custom reports to make informed decisions

Explore the payroll processing features of GreytHR in this detailed GreytHR Review.

Pros

  • Intuitive UI

  • Prompt customer support

Nisha K. - “ I am using GreytHR since 2021 as an HRMS system. The maine thing i like about this software is accuracy, speed, wide solution related to any type of query and last but not least easy to use by me as well as employees.” Source

Cons

  • Lagging site response time

  • Sometimes, system log-in takes time. It lets you log in after many attempts

Sumit A. - “ Despite being largely intuitive, the user interface is a little conjusted. It is difficult to integrate with other systems. It has some performance issues as well.” Source

Ideal for: SMBs seeking basic payroll features to automate salary calculation and disbursement

Pricing

  • Starter: ₹0/month for 25 employees and access to basic payroll features 

  • Essential: ₹3495/month for 50 employees and ₹30/month/employee for extra employees

  • Growth: ₹5495/month for 50 employees and ₹60/month for each extra employee. Add-on pricing for business expense claims management

Enterprise: ₹7495/month for 50 employees and ₹100/month/employee for extra employees

GreytHR is a cloud-based payroll platform that automates salary calculation and disbursement. The tool manages payslips, IT declarations, compliance claims, and F&F settlements

GreytHR best features

  • Automate PF calculations with ECR generation

  • Employee Self-Service (ESS) portal to improve employee experience

  • Payroll analytics and custom reports to make informed decisions 

    Explore the payroll processing features of GreytHR in this detailed GreytHR Review

Pros 

  • Intuitive UI

  • Prompt customer support

GreytHR best features

  • Automate PF calculations with ECR generation

  • Employee Self-Service (ESS) portal to improve employee experience

  • Payroll analytics and custom reports to make informed decisions

Explore the payroll processing features of GreytHR in this detailed GreytHR Review.

Pros

  • Intuitive UI

  • Prompt customer support

Nisha K. - “ I am using GreytHR since 2021 as an HRMS system. The maine thing i like about this software is accuracy, speed, wide solution related to any type of query and last but not least easy to use by me as well as employees.” Source

Cons

  • Lagging site response time

  • Sometimes, system log-in takes time. It lets you log in after many attempts

Sumit A. - “ Despite being largely intuitive, the user interface is a little conjusted. It is difficult to integrate with other systems. It has some performance issues as well.” Source

Ideal for: SMBs seeking basic payroll features to automate salary calculation and disbursement

Pricing

  • Starter: ₹0/month for 25 employees and access to basic payroll features 

  • Essential: ₹3495/month for 50 employees and ₹30/month/employee for extra employees

  • Growth: ₹5495/month for 50 employees and ₹60/month for each extra employee. Add-on pricing for business expense claims management

Enterprise: ₹7495/month for 50 employees and ₹100/month/employee for extra employees

Nisha K. - “ I am using GreytHR since 2021 as an HRMS system. The maine thing i like about this software is accuracy, speed, wide solution related to any type of query and last but not least easy to use by me as well as employees.” Source

Cons 

  • Lagging site response time

  • Sometimes, system log-in takes time. It lets you log in after many attempts

Sumit A. - “ Despite being largely intuitive, the user interface is a little conjusted. It is difficult to integrate with other systems. It has some performance issues as well.” Source

Ideal for: Small and medium businesses looking for advanced features to automate and streamline leave management

Pricing

  • Starter: ₹0/month for 25 employees and access to basic payroll features 

  • Essential: ₹3495/month for 50 employees and ₹30/month/employee for extra employees

  • Growth: ₹5495/month for 50 employees and ₹60/month for each extra employee. Add-on pricing for business expense claims management

  • Enterprise: ₹7495/month for 50 employees and ₹100/month/employee for extra employees

  1. HROne

hrone
hrone
hrone

HROne is one of the best payroll software for small businesses to ensure timely payouts. The platform simplifies payroll management by automating CTC calculation and salary verification.

HROne best features

  • Detailed 3D reports for salary breakdown, overview, and month-wise trends

  • Employee self-service portal for payroll access and self-proposed declarations 

  • Compliant requirements checklist and auto deductions of ESI, PF, etc. for statutory compliance

Get more insights into HROne features in this detailed HROne Review.

Pros

  • It is easy to process payroll through the mobile app

  • Simplified arrear and increment calculations

Sakina N. - “ HROne is a unique and simplest software i had ever used. It has all the features available which makes day to day operations easy for company thats why i called it as all in one.” Source

Cons

  • Limited customisation in reports and dashboards

  • Slow page response after system updates and errors while uploading files

Sakina N. - “ Few things needs some improvement which we feel such as reports needs to be more accurate majorly the leaves reports. They also start focusing on the policy which are follow by international companies.” Source

Ideal for: Small businesses looking for a basic and affordable payroll system

Pricing

  • Basic: ₹85/user/month with access to payroll features

  • Professional: ₹115/user/month with limited access to core HR and workforce features

Enterprise: Custom pricing

  1. ZingHR

zinghr
zinghr
zinghr

ZingHR is an HCM (Human Capital Management) platform that provides payroll management services. The tool helps access real-time payroll data and track salary disbursements and compliances.

ZingHR best features 

  • CXO dashboard for visibility into payroll processes

  • In-built analytics for pay rates overview, monthly trends, tax insights, etc.

  • Tax filing services to streamline employee taxes

Pros 

  • Easy to download payment slips and investment submissions

  • Comprehensive monthly and cumulative salary statements with allowance details

Aryan D. - “Lots of thing are easy to perform in this wether it is new member information or employee birthday/anniversary. Easy to download payment slips and Tax Simulation and investment submissions.” Source

Cons 

  • Sometimes, the dashboard does not respond. It takes several refreshes to mark leaves or attendance

  • Outdated UI that requires improvement on different aspects for better user experience

Aryan D. - “we use once in a month and imagine dashboard loads really slow and multiple refresh just to mark WFH and leaves.” Source

Ideal for: Enterprises with a large workforce seeking comprehensive payroll management features

Pricing

Not available on the website

  1. Qandle

qandle
qandle
qandle

Qandle is a centralised HR and payroll records platform. It automates payroll processing and employee reward compensation plans and optimises salary structures.

Qandle best features

  • Real-time payroll reports, including pay rates, employee data, payroll history, tax contributions, etc.

  • Reimbursement approval workflows

  • Incentive compensation plan calculation

Pros

  • Intuitive and customisation-focused

  • It is easy to calculate employee hours and work for performance evaluation

Subham Kr B. - “A nice and attractive user interface, very friendly also easy to use.” Source

Cons

  • Requires frequent software updates 

  • The site is slow sometimes and takes long to process a page

Subham Kr B. - “Sometimes Qandle got stuck.” Source

Ideal for: Mid-sized businesses and enterprises looking for core HR and payroll features

Pricing

  • Foundation: ₹2950/month for up to 50 employees and ₹59/month per extra employee. No access to visual analytics and strategic HR features

  • Regular: ₹4950/month for up to 50 employees and ₹99/month per extra employee with feature lock-ins

  • Plus: ₹6200/month for up to 50 employees and ₹124/month per extra employee. Limited strategic HR features

  • Premium: ₹8000/month for up to 50 employees and ₹160/month per extra employee. Access all features except the remote toolkit

  • Enterprise: Custom pricing plan best for 1000+ employees

  1. Zimyo

zimyo
zimyo
zimyo

Zimyo is an AI-powered HRMS platform for payroll processing. The tool automates salary calculation and disbursement to reduce payroll errors.

Zimyo best features

  • Automated tax deduction and TDS, PF, and ESIC calculation 

  • Custom expenses/ reimbursements approval workflows for  expense management 

  • Benefits management features, including instant personal loans and insurance coverage

Pros

  • Comprehensive payroll management features contributing to organisational efficiency

  • Payroll features are available for front users and admin, reducing payroll errors

Manisha M. - “Easy to use software with comprehensive features. I really like the real-time attendance tracking of employees, payroll automation, intuitive HR Analytics, and real-time performance tracking.” Source

Cons

  • Software bugs that often lead to frozen screens and functional complexities

  • Tax calculations vary every month

Anurag M. - “Some bugs are still there which sometimes freezes the screen and results in difficult situations and complexities sometimes.” Source

Ideal for: SMBs with 50+ employees looking for basic payroll automation tools

Pricing

  • Basic: ₹80/user/ month with least billing for 40 users and no access to advanced HR features

  • Standard: ₹120/user/ month with least billing for 40 users. No access to expense and benefits management and other features

  • Enterprise: ₹125/user/ month with least billing for 40 users. No access to payout features like error-free salary disbursement, available as add-ons

Expand Your Options: Explore These Alternatives!

Here are a few more payroll software for small businesses and startups to explore: 

PocketHRMS

pockethrms
pockethrms
pockethrms

PocketHRMS is an AI-powered HRMS platform offering automated payroll processing solutions to streamline salary calculations and disbursements.

PocketHRMS best features

  • Easy to use and intuitive UI 

  • Helpful for maintaining employee data records and payroll processing

Pros

  • Comprehensive payroll management features

  • User-friendly interface for admins and employees

  • Flexible customisation options

Ashraf S - “ Pocket HRMS is Very useful and easy software to do Payroll and very useful to maintain employee data and we can download reports as per our convient at any time as it” Source

Cons

  • Slow response time 

  • Poor customer support

Rajnish K. - “ Slow response, TAT needs to be followed, can do better with support, the team needs more clarity on the product front.” Source

Ideal for: SMBs and enterprises with 50+ employees seeking advanced payroll automation and HRMS features

Pricing

  • Standard: ₹2495/month (up to 50 employees), then ₹40/employee/month

  • Professional: ₹3995/month (up to 50 employees), then ₹80/employee/month

  • Premium: Custom pricing

Darwinbox

darwinbox
darwinbox
darwinbox

Darwinbox is a comprehensive HR technology platform offering an innovative "One Touch Payroll" solution. Within its broader HCM suite, it provides a seamless, integrated approach to payroll management.

Darwinbox best features

  • Global framework with RIVeR methodology for simplified payroll processing

  • Four-step process covering all pay groups in one system

  • Integrated HCM, WFM, and payroll for accurate and easy payroll management

  • Suitable for businesses of all sizes, regions, and departments

Pros

  • Simple and smooth, day-to-day payroll automation tool 

  • Loads faster and easy to navigate platform 

Numaan Q- “ Fast loading time and easy navigating buttons” Source

Cons

  • Incomplete notifications 

  • Mobile app lacks important features

Robin S. - “ The web application has more features than the mobile app, which makes it annoying for users who prefer to use the mobile app more.” Source

Ideal for: Enterprises of all sizes seeking a comprehensive, integrated HR and payroll solution, particularly those with complex payroll requirements or global operations.

Pricing

  • Undisclosed

BambooHR

bamboohr
bamboohr
bamboohr

BambooHR is a comprehensive HR platform offering an integrated payroll solution designed for fast, easy, and accurate paydays. It provides a seamless approach to payroll management within its broader HR software suite.

BambooHR best features

  • Extensive reporting capabilities with customizable access levels

  • Employee self-service for pay stubs and information updates

  • Multi-rate payroll for tracking multiple job rates within an organisation

  • Streamlined implementation process with dedicated specialist support

Pros

  • Intuitive and easy to use 

  • Easy to set-up

Deb L.- “ Easy to set up, implement and use for Admins and End Users alike. Staff is responsive and very friendly.”
Source

Cons

  • Preparing reports is challenging 

  • More new and customisable features can be added 

Valentina J. - “ Overall, BambooHR is amazing, even though I believe there is a lot of room for new feautures, more customizable filters, reports, etc.” Source

Ideal for: Companies of all sizes seeking an integrated HR and payroll solution, particularly those looking to streamline their payroll processes and improve overall HR efficiency.

Pricing

  • Undisclosed

Why is Using Payroll Software Important for a Business?

By using payroll software, small businesses can avoid the risks and challenges of manual payroll processing. Here’s why small businesses and startups should consider using payroll software: 

  • Regulatory compliance: With constantly evolving labour laws and tax regulations, payroll software ensures businesses stay compliant, avoiding costly penalties and legal issues

  • Reducing errors: Manual calculations are prone to mistakes, leading to incorrect payments and dissatisfied employees. Automated systems minimise these errors, ensuring accurate and timely salary disbursements.

  • Time and resource optimisation: By automating repetitive tasks, payroll software frees up HR and finance teams to focus on strategic initiatives, driving business growth

  • Scalability: As businesses expand, payroll complexity increases. Payroll software easily adapts to growing employee numbers and changing organisational structures without significant manual adjustments

  • Risk management: Standardised payroll operations reduce dependency on individual personnel, ensuring business continuity during employee turnover or absences

  • Employee trust and transparency: Accurate, on-time payments and easy access to pay information through self-service portals enhance employee satisfaction and trust in the organisation

  • Data security: Advanced encryption and access controls protect sensitive payroll information, mitigating the risk of data breaches

  • Strategic decision-making: Comprehensive reporting and analytics provide valuable insights for data-driven workforce planning and budgeting

Benefits of Payroll Software

  • Automation: Eliminates manual calculations and spreadsheet work for salary processing

  • Accuracy: Reduces errors in tax deductions and salary components

  • Time-saving: Speeds up payroll processing with one-click salary transfers

  • Compliance: Automatically handles tax regulations like TDS, PF, and ESI

  • Employee self-service: Provides a portal for employees to access payslips and tax documents

  • Integration: Syncs with attendance and leave management for accurate salary calculation

  • Scalability: Adapts to growing businesses and handles various employee types

  • Reporting: Generates detailed payroll reports and analytics for informed decisions

  • Customisation: Allows for flexible salary structures and components as per company needs

  • Cost-efficiency: Reduces expenses associated with manual payroll management

Conclusion

By now, you know what features to look for in the best payroll software, the top payroll systems in India, and their pricing and use cases. It's time to make a decision. 

If you plan to try out these tools individually, start with Craze. 

Sounds biased? Maybe, but hear us out. You are a perfect fit for Craze if: 

  • You are searching for a people operating system that handles finance, HR and IT all in one single dashboard

  • You are frustrated with the existing payroll software in India as most of these tools restrict all the advanced features for the premium plans 

  • You want to work with an empathetic team that understands your struggles and is genuinely interested in helping you

Sounds like a fit? It's time to meet the Craze team.

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FAQs

What is Payroll Software?

Payroll software automates salary calculations, tax deductions, and business compliance tasks. It streamlines payroll processing, generates payslips, and often includes employee self-service portals for accessing pay information.

What is the best payroll software in India?

Craze stands out as the best payroll software in India, especially for startups and small businesses. It offers flexible pricing, comprehensive features, and user-friendly interfaces. While other options exist, Craze provides the ideal balance of affordability and functionality for growing companies.

What is the cost of payroll software in India?

The cost of payroll software in India ranges from ₹40 to ₹150 per employee per month, depending on the features and the number of employees.

What are the different steps in Payroll Processing?

Payroll processing involves collecting employee data, calculating salaries, applying deductions, ensuring compliance, generating payslips, disbursing salaries, and creating reports. Many software solutions automate these steps for efficiency and accuracy.

What challenges are there with payroll software?

Common challenges include integrating with existing systems, maintaining confidentiality of user data, complying with location-specific regulations, and customising for specific business needs. User adoption and proper training can also be challenging for some organisations.

Does payroll software handle accurate payroll processing?

The best payroll management software automates payroll processing, freeing HR professionals from manual processes.

Does payroll software offer leave management and core HR as built-in features?

Yes, payroll software like Craze has a strong core HR and built-in leave management software that syncs deeply in real-time.

Summary
Summary
Summary

Built for founders by founders in India 🇮🇳

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© 2024 Craze Technologies. All rights reserved

Built for founders by founders in India 🇮🇳

Products
Features
Contractors
Reimbursements
Flexible benefits
Reports
Compliance
Documents

© 2024 Craze Technologies. All rights reserved

Built for founders by founders in India 🇮🇳

Products
Features
Contractors
Reimbursements
Flexible benefits
Reports
Compliance
Documents

© 2024 Craze Technologies. All rights reserved