Find the Best Payslip Software

Best payslip software exists Keka, Qandle, RazorpayX Payroll, Saral PayPack, and HRMantra. These payslip software manages and controls the entire payroll system on one user-friendly dashboard.

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List of 20 Best Payslip Software

Showing 1 - 20 of 36 products

Contenders | 2024

Product Description

OnPay is among the most powerful payroll software available in the market. It is working from the last 30 years to help small business enterprises. It integrates with Xero, QuickBooks, etc. Read OnPay Reviews

Category Champions | 2024

Product Description

This information is provided by vendor.

Our secure online payroll system, paying your employees has never been easier. We’ll help you get started by setting up your payroll, employees, payroll tax information, etc. Read Patriot Payroll Reviews

Contenders | 2024

Product Description

This information is provided by vendor.

Rippling is a fully featured HR Software designed to serve Agencies, Enterprises. Rippling provides end-to-end solutions designed for Macintosh. This online HR system offers E-Verify/I-9 Forms, Multi-Country, Employee Database, Recruitment Management, Employee Lifecycle Management at one place. Read Rippling Reviews

Category Champions | 2024

Complete employee experience platform

Product Description

This information is provided by vendor.

Keka is one of the smartest payroll systems available in market. For any employee-centric company, managing the HR, Payroll, and Talent Management is the key activities. You need not look beyond Keka HR Payroll Platform. Read Keka Reviews

Category Champions | 2024

Product Description

This information is provided by vendor.

Accurate payroll, compliances & employee benefits. Customize CTC plans, Flexi-pay, & enable complete employee self-serve. Don’t spend a week every month on payroll anymore. Too good to be true? See for yourself but get ready to be blown away. Read Qandle Reviews

Category Champions | 2024

Product Description

This information is provided by vendor.

Saral PayPack offers you a comprehensive payroll software solution for all your payroll needs. It is a one-stop destination for your search as it possesses the most sought requirements of payroll management system. This is a right choice for automating your payroll. Read Saral PayPack Reviews

Category Champions | 2024

Payroll crafted for building a better workplace

Product Description

This information is provided by vendor.

Zoho Payroll offers cloud-based payroll services for managing payroll solutions such as employee onboarding, payroll processing, employee self-service portal and adheres to statutory compliance. Try Zoho Payroll with our 30-day free trial. Read Zoho Payroll Reviews

Contenders | 2024

Product Description

Xero Payslip software not only manages the tasks but also update accounts, creates HMRC submissions and tracks employee's working hours, manage leaves and process pay with controlled access for employees. Read Xero Accounting Reviews

Emergents | 2024

Product Description

ClearBooks Payslip software is a new generation online payslip generator software that helps manage employee salary information online. It sends customized payslips and provides real-time salary information to HMRC. Read ClearBooks Reviews

Emergents | 2024

Product Description

Providing comprehensive and strategic human resource, Moneysoft Payslip software is value to money payslip software. With no hidden and additional cost involved the software comes with free Email support. Learn more about Moneysoft Payroll Manager

Emergents | 2024

HRMS Payroll Time Attendance Software

Product Description

This information is provided by vendor.

Create your own payroll heads and specify your own formulae with user-defined features of Lenvica Payslip Software. It supports multiple currencies & customizes the payslip to include the information manually. Read AttendHRM Reviews

Contenders | 2024

A 360-degree solution that serves all your HR need

Product Description

This information is provided by vendor.

The software has been designed to lubricate the HR processes. It keeps a tab of entire information of an employee from the date of joining to his/her full and final disbursal at the time of leaving. Read BatchMaster HeRd Reviews

Contenders | 2024

Web Payroll Software & Payroll Outsourcing Service

Product Description

This information is provided by vendor.

An all in one HR Payslip software for India, Paybooks, configure the most complex policies and auto-sync the leave and payroll data. It manages everything from employee onboarding till exit in one place. Read Paybooks Reviews

Category Champions | 2024

Product Description

This information is provided by vendor.

We are a focussed HR solution provider for corporate. We offer end to end HR solution from recruitment to retirement covering entire employee life cycle in an organisation. Read Wallet HR Reviews

Category Champions | 2024

For your business to grow, your people must grow

Product Description

This information is provided by vendor.

Currently serving 9000+ customers across India and the GCC, greytHR offers features such as one-click payroll processing and payslip generation, centralized leave and attendance management Read greytHR Reviews

Contenders | 2024

Product Description

This information is provided by vendor.

RazorpayX Payroll is an automated payroll service for small and medium-sized businesses in India. It calculates your payroll, pays employees and contractors, and also takes care of all compliance like TDS, PF, ESI and PT. Read RazorpayX Payroll Reviews

Category Champions | 2024

All Your HR & Payroll Processes On One Platform

Product Description

This information is provided by vendor.

Interbiz Solutions LLP. (formerly Intersoft), is a leader in providing solutions across the gamut of HRMS solutions. 850+ clients with over a lakh of employees successfully managed by our HRMS solutions. Read 247HRM Reviews

Category Champions | 2024

Product Description

This information is provided by vendor.

TallyPrime is India’s leading business management software for GST, accounting, inventory, banking, and payroll. TallyPrime is affordable and is one of the most popular business management software, used by nearly 20 lakh businesses worldwide. Read TallyPrime Reviews

Most Reviewed

Contenders | 2024

Product Description

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HMRC recognized QTAC Payroll payslip generator software provides an instant access to customer, vendor, and employee information. Available with web portal integration it has a user-friendly dashboard. Read QTAC Payroll Reviews

Category Champions | 2024

World's Most Powerful HR and Payroll Software

Product Description

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HRMantra is the World's most feature rich HR and Payroll software helping automate the most complicated of hire to retire HR processes easily using its CRORES of ready to use features. It saves 30 min per emp per day giving over 10 times ROI. 100% project success assured. Read HRMantra Reviews

payslip software guide

What is Payslip Software?

A Payslip is a piece of paper provided to the employee at the end of the month along with the salary which consists of the salary record and tax deducted.

Payslip management is managed by the human resource department and is a complex process. With the large numbers of numerical calculations and statutory compliance requirements involved, it is always a tough task to generate the data right. Hence the need for a system or software that not only generates the data right but also calculates the numbers right.  Payslip software manages and controls the entire payroll system on one user-friendly dashboard. It calculates and compiles all the relevant data in one place. Hence, the system is not only effective in terms of data management but also reduces risk and cost to improve efficiency and enhances data protection.

A Payslip software is either system-based or cloud-based. The system-based software is system-specific and is effective for small organizations. Whereas, a cloud-based payslip system is effective for large companies and can be accessed from anywhere. The cloud-based system helps companies manage and control the entire payroll process end to end on a secure cloud platform. Payslip Software India is most preferred and liked by companies and SMEs for the ease of the process.

The payslip system helps automate, streamline, and centralize the payroll process. From calculating salary and taxes to managing employee attendance it accomplishes the various aspects of payroll with ease.  It takes care of the following domains:

1. Payroll Management:

Salaries are automatically calculated on a monthly basis. The Payslip software using its modules consolidated wages-related factors such as attendance, salary grade, benefits, leaves reimbursements, etc. to calculate the wages. It can be customized too according to the multiple pay and benefits structure.

2. Leaves Management:

The payslip software is user-friendly and allows the user to submit their application through its module. It records the employee’s leaves and the manager can review such requests as and when required. It also considers acquiring leaves for the salary calculation.

3. Income Tax and Deductions:

This feature processes the pre and post-tax deductions. It takes into consideration various state and central government tax schemes and automatically calculates the salary based on the latest regulation.

4. Record-keeping:

It acts as a central repository of employee records and other related documents. It records and manages all the information of an employee, such as, offer letter, experience letter, employee profile, etc., and can be accessed as and when required.

Key Features of Payslip Software

With all the available options in the market, the task is to select the right payroll software for your business. With plenty of features in-built in the payroll software, we have curated the list of mandatory features the payslip system should consist of so as to help you make a better decision.

1. Payroll Processing:

The Payslip Software can be linked to the leave application software, attendance management software, or can be used as a standalone application. The software compiles the data and calculates the salary considering all the leaves, holidays, and other factors. It also helps with tax calculation based on the latest regulations.

2. Tax calculations and filing:

With automated calculations, reduces the risk of human error and fills in the tax forms based on employee’s payroll information available in the system. This removes the unwanted situation of submitting tax forms that consume the man-power and time of the HR management or the employee.

3. Integration with other software:

As the business expands the payroll system gets more complex. With the number of employees in the organization, the requirement is to have systems that take care of the multiple processes. With different software already in implementation with the company, the Payslip Software can be integrated and can be used to full advantage. The data can be utilized in cross-interaction of software and a meaningful information report can be generated.

Advantages of Payslip Software

A payslip system software does all the activities in a fraction of seconds and also ensures the accuracy of the data. The advantages of implementing Payslip software are:

1. Ease of Use:

Payslip management software is easy to implement and is configured with multiple options, features, policies, etc. All necessary inputs can be entered into the software manually and can be integrated with other software to retrieve the data. With just a click of a button, the data of the employee can be obtained as and when required.

2. Calculate Bonus, Holidays, Expenses with minimum effort:

The software takes input from the user on the bonus, holidays, and expenses of the employee. Compiling all the data calculates the salary and provides the bonus amount associated. It also takes into consideration the holidays and leaves and deducts the salary accordingly. This not only helps with accurate calculations but also saves the time of manual calculations.

3. Multiple Reports Generation:

Besides calculating and generating the payslips, the organizations also require various reports on the updates on a timely basis. The Payslip software also helps in the generation of a report on a daily, weekly, monthly, and yearly basis. It provides the users with multiple reports, such as Reconciliation reports, ad-hoc and user-defined reports, customized payroll statements, MIS reports, etc.

4. Information Storage and Report Generation:

With all the data stored in the system, it can be accessed by the user anytime and a report can be generated. The reports help management to have an in-depth analysis of the employee performance and store the annual reports secure and easy to access.

With all the listed benefits and features, it is preferable to get a full-fledged payslip software so as to have better security and available features. The generation of payslips and calculating employee’s salaries is a critical operation of any business. Hence to pay the employee on time and an accurate amount of their work is important. A good payslip system software helps to carry out the payment process with greater speed, efficiency, and confidence. The payslip software in India is already an accepted concept and helped boost the process while saving time.

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Tirthraj
By Tirthraj | Last Updated: January 02, 2024