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Bangalore is well known as India’s Silicon Valley. Cloud-based payroll software in Bangalore has become a necessity for businesses seeking efficient and compliant payroll management. Payroll is an important process for any company to ensure accurate and timely salary payments to employees. Local businesses in Bangalore can scale their operations with some of the top payroll software available. This makes the payroll processing quick and easy for HR teams. This article will help select some of the best payroll software in Bangalore that fits an organization’s requirements.
List of 10 Best Payroll Software in Bangalore
Many payroll solutions are available in the market, so it is crucial to carefully select software that aligns with an organization’s specific requirements. Get to know the list to find the best and perfect payroll management software for any organization and increase operational efficiency.
- factoHR
- PayWheel
- Pocket HRMS
- Gizmosys Solutions
- Paychex
- Nitso HRMS
- HRM Thread
- PionHR
- EasyHR
- peopleHum
1. factoHR
factoHR is a cloud-based payroll software in Bangalore that seamlessly fulfills HR-related requirements of an organization. It simplifies and streamlines payroll processes effortlessly with a single data source. Some features of factoHR’s payroll software include calculating taxes and deductions for payroll processing. The software can generate reports for employees and businesses. Integration with HR and accounting software can simplify processes.
An employee self-service portal or mobile app allows employees to mark their attendance, download payslips, and request leave. With factoHR, experience outstanding scalability and boost the efficiency of the core HR department. It simplifies the management of complex tasks like salary calculations, payment processing, statutory compliance, IT deductions, ESIC, PF, and loans, making them effortless to handle. factoHR provides a reliable and straightforward solution for these critical functions.
Features
| View salary and get a summary of gross earnings. | Download last month’s or last year’s payslip in PDF format. |
| Choose a payslip format according to your organization’s needs. | Deposit employees’ salaries directly to their bank accounts. |
| View projected income tax and compare it with actual deductions. | Process salary with multiple payroll groups according to employees’ payroll cycle. |
| Generate all kinds of income tax reports and forms. | Configure unlimited salary components. |
| The off-cycle payroll process helps in making additional payments like bonuses. | Fulfill payroll compliance requirements with automatic payroll calculation and file forms and reports. |
Advantages
- It reduces the overall time spent on manual calculations, like taxes and deductions.
- Also, the HR department’s workload is minimized as payroll-related tasks are simplified.
- The chances of human errors are reduced with the implementation of payroll software.
- Employee satisfaction is enhanced as accurate and timely compensation is received.
- The software can automatically update tax rates and compliance requirements.
- Avoid penalties related to incorrect filings with proper compliance with rules and regulations.
- Employees can access pay slips and other tax documents from an ESS portal.
- factoHR’s payroll security measures protect employees’ sensitive data from unauthorized access.
- It can accommodate new employees and multi-state labor laws as the business scales.
Pricing
factoHR offers Adaptable Pricing Plans core, Premium, and Ultimate designed to Perfectly Align with Your Unique Business Needs, Ensuring You Discover the Ideal HR Solutions to Enhance Your Operations!
Best Suited
factoHR is the Best Fit for Small to Large Enterprises across Various Industries.
2. PayWheel
PayWheel is a one-stop cloud-based payroll management software. It’s a good option for some complex and tedious payroll tasks. All the HR and payroll-related functions can be simplified with PayWheel’s powerful software. The software has an attractive design with various dashboards to enhance the user experience.
Features
- Employee self-service portal (ESS)
- Simplified reimbursement system.
- Approve and process leave requests in a single platform.
- Revise salary with minimal changes.
- Set bonus amount and gratuities for specific employees.
- Income tax compliance.
Pricing
Paywheel has a Free 10-Day Trial. Their “Basic” Plan Starts at ₹500 per Month for up to 25 Employees. “Advanced” Plan Starts from ₹750/Month for up to 25 Employees. the “Premium” Plan Starts at ₹1,000 per Month for up to 25 Employees.
Best Suited
Paywheel is the Best Choice for Startups and Small-Scale Businesses.
3. Pocket HRMS
Pocket HRMS can help automate all HR and payroll-related operations. An employee self-service (ESS) portal enables employees to access their information from anywhere, leveraging the latest cloud technology. HR professionals can accurately process payroll with Machine Learning-based smHRT payroll software. Customized payroll settings also help with precise calculations.
Features
- Quick overview of payroll information.
- Payroll for multiple ventures can be managed.
- Integrate with attendance and leave management modules.
- Smooth exit with automated gratuity calculations
- Analytics and reporting
Pricing
Pocket HRMS’s “Standard” Plan Starts at ₹60 per Month per Employee. the “Professional” Plan Starts at ₹90 per Month per Employee. for the “Premium” Plan, Companies Can Contact Them Directly.
Best Suited
Pocket HRMS is a Best Fit for Small and Medium-Scale Enterprises.
4. Gizmosys Solutions
Gizmosys Solutions is a user-friendly payroll management system for HR and payroll-related tasks. It can also track and automatically calculate all statutory deductions, such as PF, ESI, professional tax, and TDS. Some of the necessary reports can also be generated without any additional work. It can easily integrate with systems like accounting and payroll for accurate payroll processing.
Features
- Compare processed payroll with the previous month
- Loan/Advance/Arrears calculation
- Employee self-service to download payslips
- Salary approval
- TDS/PF/PT calculation
- Audit trail reports and other 20+ payroll reports
Pricing
Gizmosys Solutions has Four Pricing Modules to Meet the Needs of Different Businesses. Their “Basic” Plan Starts from ₹2,000 per Month. Their “Standard” Plan Starts from ₹3,500 per Month. Their “Advance” Plan Starts from ₹5,000 per Month. Their “Professional” Plan Starts from ₹7,000 per Month.
Best Suited
Gizmosys Solutions is a Good Fit for Small and Medium-Sized Businesses.
5. Paychex
Paychex is a well-designed payroll software that simplifies the payroll processes. The software can monitor taxation rules and regulations to maintain compliance. It offers a comprehensive payroll solution that streamlines online processing, automates tax administration, and provides benefits administration. Paychex includes integration with third-party systems, like attendance and accounting software. This helps HR professionals save time and cost.
Features
- Online payroll process
- Direct deposit
- Employee self-service portal
- Reporting and analytics
- Employment and income tax verification service
Pricing
Organizations Can Obtain a Customized Pricing Module from Paychex Tailored to Their Specific Requirements.
Best Suited
Paychex is a Good Fit for Small to Medium-Sized Enterprises.
6. Nitso HRMS
Nitso HRMS offers a payroll management system that helps businesses simplify their HR and payroll processes with an innovative system. This cloud-based software can manage the workforce efficiently and enhance collaboration. HRMS integration with payroll and employee performance management modules helps increase overall operational efficiency. The system provides quick access to several common features, listed below.
Features
- Easy integration with the attendance management system.
- Customize the software to match the business policies and requirements.
- Simplify all the payroll-related tasks on a single platform.
- Employee self-service.
- Create detailed and customized reports for decision-making.
- Mobile app designed for efficiency.
Pricing
Nitso has Four Pricing Modules to Meet the Needs of Different Businesses. Their “Base” Plan Starts from ₹3,000 per Month. Their “Standard” Plan Starts from ₹5,000 per Month. Their “Enterprise” Plan Starts from ₹7,000 per Month. Their “Premium” Plan Starts from ₹12,000 per Month.
Best Suited
Nitso is a Good Fit for Small and Medium-Sized Businesses.
7. HRM Thread
HRM Thread offers advanced payroll solutions that are designed to simplify payroll processes. The software helps maintain accuracy and compliance with labor laws. Some of the features are automated salary calculations and tax deductions. Its easy interface and powerful security measures help protect employees’ sensitive information. It also offers multiple options for integration with third-party applications, helping to shift from traditional payroll management to more modern practices.
Features
- Automated calculations of overtime or bonuses.
- Integrations with PF or other statutory compliance platforms.
- The attendance system can be merged with payroll for accurate calculation.
- Generate detailed reports for audits and financial analysis.
- Multi-device accessibility
Pricing
HRM Thread has Four Pricing Modules to Meet the Needs of Different Businesses. Their “Base” Plan Starts from ₹2,500 per Month for up to 50 Employees. Their “Standard” Plan Starts from ₹4,000 per Month for up to 50 Employees. Their “Enterprise” Plan Starts from ₹5,000 per Month for up to 50 Employees. Their “Ultimate” Plan Starts from ₹6,000 per Month for up to 50 Employees.
Best Suited
HRM Threads for Startups As Well as Large Enterprises.
8. PionHR
PionHR offers automated payroll software that simplifies complex payroll processes and saves time. It removes obstacles while paying employees and makes payroll efficient and error-free. This user-friendly software makes it easy for users to navigate its features. PionHR integrates with other HR tools, providing a unified approach to human resource management. It automates routine tasks and offers real-time access to payroll data. The payroll software releases the administrative burden on HR departments, allowing them to focus more on strategic activities.
Features
- End-to-end payroll
- Integration with other internal modules
- Compliance management
- Employee/Staffing Outsource
- Other compliance
- Fully customisable payroll
Pricing
PionHR has Various Payroll-Related Plans for Unlimited Users. the “Payroll and Leave” Module Costs ₹6,999 per Month. the “Payroll and Biometric” Module Costs ₹9,999 per Month. the “Payroll and HRMS” Module Costs ₹11,999 per Month.
Best Suited
PionHR is Best Suited for Businesses of all Sizes.
9. EasyHR
EasyHR offers payroll solutions that allows organizations to automate payroll and tax calculations. The software for payroll helps enhance employee satisfaction and reduce errors. Employee documents can be managed from a single platform, which helps keep records organized. Their reimbursement module allows HR professionals to make the process quick and accurate for settlement. It also has a mobile app to track the workforce’s attendance in real-time.
Features
- Employee self-service.
- Store pay slips and other important documents securely.
- Flexible approval workflows.
- Easy time tracking.
Pricing
EasyHR Offers Three Customized Pricing Modules Tailored to an Organization’s Needs. for Exact Pricing, Businesses Can Contact Them Directly.
Best Suited
EasyHR is a Good Fit for Small and Medium-Scale Businesses.
10. peopleHum
peopleHum is a user-friendly payroll management software designed to simplify HR processes. The software helps organizations to focus and manage their workforce more effectively. It also ensures accuracy and proper compliance, which makes business operations smooth. The system includes various functionalities built to increase overall efficiency. The cloud-based payroll software simplifies some of the most complex tasks and offers customization.
Features
- Integrated with the attendance and payroll system.
- Proper compliance management.
- Employee self-service
- Data protection and privacy.
- Insights and analytics.
Pricing
Peoplehum’s Pricing Plans Start at $2 per Employee per Month. for More Information, You Can Contact Them Directly.
Best Suited
Peoplehum is a Good Fit for Small to Large Businesses.
Compare the Best Payroll Management Software
| Software | Integrated Payroll | Leave Management | Mobile App | Generates Paysilps | ESS | Expense Management | Payroll Reports |
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| factoHR |  |
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| PayWheel | |
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| Pocket HRMS | |
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| Gizmosys Solutions | |
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| Paychex | |
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| Nitso HRMS | |
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| HRM Thread | |
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| PionHR | |
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| EasyHR | |
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| peopleHum | |
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Advantages of Online Software
Bangalore has a strong ecosystem of entrepreneurs and investors. This helps startups set up their businesses in the area. Payroll software in Bangalore offers various advantages to businesses, like optimizing payroll operations and maintaining proper compliance. The key benefits are listed below.
Payroll Automation
The system automates and simplifies tax deductions and salaries by using advanced payroll automation software. It also reduces errors and offers customization options for various businesses in Bangalore.
Direct Deposit
Organizations can streamline their payroll process through direct deposits. This eliminates the necessity for physical paper checks, resulting in cost savings on administrative tasks.
Data Security
The payroll software employs security measures, such as encryption, precise access controls, and regular data backups. This helps protect employees’ sensitive information from fraud.
Employee Self-Service
Employees can access their payroll details and tax documentation. It helps maintain transparency and reduces the need for frequent HR inquiries.
How to Choose the Best Payroll Software for Your Organization
Efficient and accurate payroll management in Bangalore is essential for businesses of all sizes. The following factors will help any organization choose the best payroll solutions.
Identify Your Needs
Before choosing any payroll software in Bangalore, it’s essential to list your requirements and expectations based on your current practice, business type, workforce strength, and company size.
User-Friendly Interface
Ease of use is also one of the most important factors when choosing a payroll system, as it can dramatically increase efficiency and smooth the adoption process. To compare whether an application has an intuitive interface. or not, you can compare it with modern smartphone applications where users can easily navigate all the functionality and learn to operate it on their own.
Scalability
Choose payroll companies in Bangalore that can flexibly accommodate your business’s growth, especially if you anticipate expanding your workforce in the future.
Integration Capabilities
Incorporating other systems, such as accounting or HR tools, is crucial for guaranteeing flawless collaboration with the payroll management system. Integration is necessary to ensure seamless operations and protect against data entry errors.
Future Updates and Support
The software provider should consistently release updates to keep the system in compliance with ever-changing tax laws and regulations.
Customization
Evaluate whether the software offers the flexibility to be tailored to your unique payroll processes and reporting requirements.
Conclusion
In Bangalore’s fast-changing and dynamic environment today, the need for efficient payroll software is the most important aspect. Considering the complexity and time taken in manual payroll, most companies prefer a payroll management system. The software solution not only automates but also simplifies the complexities associated with payroll management.
Keeping in mind the complexity of payroll, it is essential to utilize a payroll solution in your organization as it reduces the HR department’s workload. factoHR’s payroll management software has unique features and an intuitive interface. The software is a good fit for businesses as it allows them to manage payroll tasks effectively. Schedule a demo with us to know more!
What Industries in Bangalore Can Benefit from HRMS and Payroll Software?
Industries of all sizes can benefit from HRMS and payroll software in Bangalore. It is more beneficial for large enterprises, as they often have more complex payroll systems. Attendance and leave management can be integrated with the payroll system to have more accurate and efficient processing.
Which is the Best Payroll Management System in Bangalore?
Some of the best payroll management systems in Bangalore are:
- factoHR
- Zimyo
- Darwinbox
- SpineHR
- Zoho
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