25 Best Payroll Software in India - 2024

BambooHR is a specialized payroll software in India created to manage various kinds of payroll and adhere to business-specific guidelines. It’s a flexible system and offers a seamless integration with various modules such as attendance, leave, claims, bonuses, performance assessments, and time tracking into its payroll automation capabilities. This makes BambooHR one of the most reliable and comprehensive payroll system options.

Key features of the software include integration with biometric devices for daily attendance tracking, streamlined and accurate calculations for salary deductions, and estimates for leaves, attendance, dues, and overtime. Moreover, the software automates the process of salary computation and the generation of payroll reports, making it easier than ever to manage your payroll operations efficiently.

Razorpay claims to provide “fully automated payroll and compliance software”. You can Set it up with precision to disburse salaries, file & pay taxes like TDS, PF, PT & ESIC, and do more from a single screen. One of the popular payment gateways in India, Razorpay, also provides software. With a streamlined installation process, you can get started within an hour. Their current clientele majorly includes startups. However, they also serve a range of companies across vertices and sizes.

With a tagline that states “Payroll software crafted to build a better workplace”, it assures taking stress away from the process. With their simplified software, you can spend less time on process and more time on growing your business. Zoho is cloud-based and is best suited for a company of any size and sector. Zoho has established integrations with several prominent banks, facilitating seamless salary transactions directly within the Zoho software platform.

sumHR is a scalable software which is suitable for small and medium-sized enterprises, as well as corporate and government accounts. sumHR can be entrusted to automate and ensure full compliance with local laws and regulations. They also prioritize confidentiality and security, offering you peace of mind as you manage your payroll and human resources.

Utilizing advanced technology and integrated systems, sumHR is equipped to handle your HR and payroll needs across various pay-run structures, including but not limited to weekly, bi-monthly, and monthly schedules. With sumHR, you can expect the highest levels of service, flexibility, and assurance and can be dependent on them for all your payroll and HR requirements.

Freshteam is an incredibly user-friendly solution that simplifies even the most intricate payroll tasks. Its rule and component-based architecture, complete with a formula editor, streamlines the payroll process and makes arrears calculations and adjustments a breeze. This software serves as a robust engine for all your payroll needs, handling everything efficiently and accurately.

What sets Freshteam apart is its meticulous approach to employee exit management. The software ensures a seamless separation process, covering all aspects of the full and final settlement without any hitches. Overall, if you’re looking for a comprehensive yet easy-to-use solution, Freshteam is a top-notch choice that won’t disappoint.

Sumopayroll is a modern software for small and mid-size companies. It is a fast, easy and intuitive process that is error-free and fully compliant. They recon that it is “A Blend Of Orthodox And Smart Features” that puts them ahead. They can bundle HR software for free to really small companies with less than 10 employees. 100’s of satisfied customers small to large from various sectors across India trust Sumopayroll for their payroll processing needs.

They assure that they are “All-in-One HR & Payroll Software for India”. With Paybooks, you can manage salary & compliance in minutes and also delight your employees with a self-service app. They also provide processes as a service. They encourage companies to outsource so that the organisations can focus on their core business. Among the three thousand-odd companies they serve currently, the majority of them fall in the SMB category.

Gusto offers a full service payroll in India. They have an incredibly simplified process where you can pay your employees and contractors in just a few clicks without any hassle. Gusto possesses impressive capabilities like auto tax-filing, adheres to tax laws and identifies tax credits, helping you to save money.

It comes with several other benefits like unlimited payroll runs with no extra cost and a flexibility to adopt to any payroll situations. The automatic tax calculations are incredibly accurate and time-saving, while the time tracking feature syncs perfectly with payroll, ensuring everyone is compensated for every minute they’ve worked. Plus, the direct deposit feature makes sure that payments go through swiftly and securely. All in all, Gusto makes payroll a breeze.

Rippling is a robust payroll solution provider in india for managing a workforce and streamlines various functions by providing a unified system for hiring, compensating, and managing both employees and contractors. One of its standout features is the ability to onboard new hires and contractors in as little as 90 seconds, making the process both efficient and straightforward.

Beyond swift onboarding, Rippling simplifies payments by enabling you to pay everyone within minutes. The platform combines the capabilities of HR, IT, and Finance into one integrated system, which significantly enhances operational efficiency. In addition to these features, Rippling also automates the complex task of ensuring compliance, allowing you to meet legal requirements without the usual stress and hassle.

Paychex is a digital payroll solution in India that streamlines the payroll process for any business by seamlessly integrating employee data with HR and benefits information. It also offers a complimentary Paychex Flex mobile app that provides quick and convenient access to crucial payroll details, such as forthcoming paycheck dates and amounts, enabling you to manage payroll remotely and simplify administrative tasks.

Paychex offers customized solutions to accommodate your unique requirements, whether you want a hands-on approach using its user-friendly online platform or like to collaborate with its specialized payroll experts.

OPEN money was started in 2017 with the mission to solve banking, payments and accounting for small and medium businesses. They now have accounting and GST returns tools in addition. You can simplify the process, ensure compliance with local laws and manage employee salary disbursement. OPEN Money provides the convenience of processing salaries directly through the current bank account linked to the software. They serve all businesses irrespective of their size or domain.

With a promise of “Faster processing, accurate payouts”, greytHR assures you that you can do away with cumbersome Excel sheets computation errors. greytHR claims to provide complete statutory compliance, on-time disbursement of salaries and stress-free month ends. Payroll with greytHR is comprehensive. It is the most comprehensive software available in the market today with consideration for every detail and situation that could occur. It has emerged as the preferred choice for many small and medium-sized businesses (SMBs).

HR Pearls is India’s powerful payroll software designed to simplify salary management and make HR responsibilities more manageable. The system is exceptional at carrying out various tasks with seamless precision, transforming intricate functions like salary calculation into an uncomplicated and user-friendly experience.

In HR Pearls, the salary computation process is visually transparent, thanks to an interactive flow chart that breaks down each step of the calculation. This ensures clarity and accuracy whether you are dealing with formula-driven, fixed, or flexible salary components. By catering to a diverse array of calculation elements, HRPearls offers a versatile solution for precise and effective payroll management.

One of the popular software, Keka, suggests that “Indian Payroll is complex. Software doesn’t have to be!”. With that in mind, Keka software revolutionised the Indian industry. They simplified management and set a benchmark for doing so. One of the aspects of simplification is that HR and finance teams can make salary changes anytime and do not have to build a backlog as an end-of-the-month activity. Their current list of clients boasts many big and small popular enterprises.

Humi delivers a high-quality solution that does more than just store important data; it also manages intricate tasks such as payroll and benefits administration, all while reducing the need for labor-intensive manual processes. The platform is designed for ease of use, making key information easily available and well-organized, which enhances operational efficiency. Additionally, the system’s capabilities facilitate error-free payroll operations, conserving valuable time.

Employee benefits management becomes a breeze with Humi’s user-friendly interface. The platform goes beyond basic administrative tasks, offering in-depth analytics that enable your organization to concentrate on strategic development and employee wellness. With Humi, you can streamline HR processes and focus on what truly matters for your organization.