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? 

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

List of Top Payroll Software in India 

  • Craze

  • Keka

  • RazorpayX Payroll

  • Zoho Payroll

  • Kredily

  • GreytHR

  • HROne

  • ZingHR

  • Qandle

  • Zimyo

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. Apart from our analysis, we have also relied on review portals like G2 and Capterra to identify the pros and cons of the tools. 

  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

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 

Why startups use Craze
as their people operating system

Read all customer testimonials

  • 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

  • I'm thrilled with the seamless onboarding experience provided by Craze. Their phenomenal support streamlined our HR processes, making payroll a breeze. It has truly elevated Needibay's efficiency and transformed our HR operations. I highly recommend any growing company to rely on Craze

    Arojeet Saha

    Founder, Needibay

  • After trying various admin and payroll tools, our main concerns were complicated UIs, poor service, and slow turnarounds. Switching to Craze for Payroll, leave, and attendance solved all these issues. Kabir and the team have been hands-on, providing excellent customer service. The UI is user-friendly. Highly recommended!

    Sahaan Suman Kumar

    Founder, Bubble Network

  • Craze has been a breeze in running payroll. Our bottle neck was manually wasting time on each contractor or employee's sales commission, adding them to our beneficiary, waiting 24 hours and submitting 10+ OTPs. Craze solved that for us and would 10/10 recommend to all fellow founders and HR leaders

    Bharadwaj Giridhar

    Co-Founder & CEO, Inbox Pirates

  • DocTrue's payroll process used to be manual, which was time-consuming and required coordination with auditors. Craze has helped automate DocTrue's payroll and compliance, significantly reducing the time spent on these tasks. The onboarding experience with Craze was great, and their support has been excellent

    Pushkara RS

    Co-Founder & COO, DocTrue

  • I want to give a shoutout to the guys at Craze (YC S22). They really made our HR and payroll processes super smooth, both for us and our employees. Any issue was addressed quickly with great customer service. I highly recommend it to founders who want to focus on building without wasting time on admin work!

    Itamar Bitan

    Co-Founder, Dognosis

  • The Craze platform is extremely intuitive and easy to use when compared to other payroll/HRM vendors. That being said, my favourite feature is definitely how quick and responsive they are in providing any support

    Sidharth Rao

    Co-Founder & COO, Integration Labs

  • Craze has completely transformed how we handle salary processing and contractor payments, cutting my effort by over 70%. I don’t have to worry about figuring out taxes or dealing with TDS calculations anymore. The dashboard is super easy to use, and the support is amazing and fast. Craze has helped Arezou grow!

    Ishita Saxena

    Founder, Arezou

  • Craze has easily given me back 10-15 hours. Before Craze, we tried a few payroll softwares but still had to spend time on compliance. With Craze, payroll management is just one click away

    Sarthak Jain

    Founder, Findr

  • Craze has been a big relief for QuickReel, especially as a first-time founder dealing with compliance struggles. The seamless onboarding process and exceptional 24/7 support has been highly impressive. Craze has made managing QuickReel's HR, payroll, and compliance needs effortless, allowing me to focus more on scaling the business

    Ansh Vashistha

    Founder, QuickReel

  • The interface is intuitive and user-friendly, making the whole process hassle-free. It's saved me a lot of time and headaches. Overall, I highly recommend Craze to anyone looking for a simple yet effective payroll solution. Quick and effective support is another reason to use Craze

    Vishal Sharma

    Founder, Autopilot

  • The onboarding process was exceptionally smooth, and the product is sleek and well-designed. Kabir and his team were impressively prompt in addressing all of our queries

    Sanskar Jain

    Co-Founder & CEO, Entvin

  • We are a small team yet Craze saves us a lot of time in payroll and I can only imagine how much of an impact it can have on bigger businesses. Team Craze were super quick and precise with the onboarding and quick demo

    Krishna Mohan

    Co-Founder, FunnelHQ

  • Craze offered the perfect solution for our small tech startup's HR and payroll needs. When an employee requested a salary slip, we, as first-time startup founders, were initially unsure how to provide one. Craze provided a one-stop HR and payroll solution, resolving all our issues instantly

    Hemang Vyas

    Co-Founder & Head of Operations, Dev Satva

  • Huge shoutout to Craze. They have built a super slick easy to understand platform to process payroll. The setup process took less than 5 minutes and I could easily understand the different features and add my team members. Special thanks to Kabir Nagral for inviting me on a call so quickly and getting me started with Craze

    Harsh Agrawal

    Founder, DevKit

  • We absolutely loved using Craze to automate our payroll process. It's as simple as clicking a button and saves at least three hours every month by completely streamlining all payroll-related compliances. The UI is super intuitive, and the team is super helpful and responsive. I would definitely recommend it to early-stage startups

    Harshil N

    Founder and CEO, Contineu AI

Why startups use Craze
as their people operating system

Read all customer testimonials

  • 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

  • I'm thrilled with the seamless onboarding experience provided by Craze. Their phenomenal support streamlined our HR processes, making payroll a breeze. It has truly elevated Needibay's efficiency and transformed our HR operations. I highly recommend any growing company to rely on Craze

    Arojeet Saha

    Founder, Needibay

  • After trying various admin and payroll tools, our main concerns were complicated UIs, poor service, and slow turnarounds. Switching to Craze for Payroll, leave, and attendance solved all these issues. Kabir and the team have been hands-on, providing excellent customer service. The UI is user-friendly. Highly recommended!

    Sahaan Suman Kumar

    Founder, Bubble Network

  • Craze has been a breeze in running payroll. Our bottle neck was manually wasting time on each contractor or employee's sales commission, adding them to our beneficiary, waiting 24 hours and submitting 10+ OTPs. Craze solved that for us and would 10/10 recommend to all fellow founders and HR leaders

    Bharadwaj Giridhar

    Co-Founder & CEO, Inbox Pirates

  • DocTrue's payroll process used to be manual, which was time-consuming and required coordination with auditors. Craze has helped automate DocTrue's payroll and compliance, significantly reducing the time spent on these tasks. The onboarding experience with Craze was great, and their support has been excellent

    Pushkara RS

    Co-Founder & COO, DocTrue

  • I want to give a shoutout to the guys at Craze (YC S22). They really made our HR and payroll processes super smooth, both for us and our employees. Any issue was addressed quickly with great customer service. I highly recommend it to founders who want to focus on building without wasting time on admin work!

    Itamar Bitan

    Co-Founder, Dognosis

  • The Craze platform is extremely intuitive and easy to use when compared to other payroll/HRM vendors. That being said, my favourite feature is definitely how quick and responsive they are in providing any support

    Sidharth Rao

    Co-Founder & COO, Integration Labs

  • Craze has completely transformed how we handle salary processing and contractor payments, cutting my effort by over 70%. I don’t have to worry about figuring out taxes or dealing with TDS calculations anymore. The dashboard is super easy to use, and the support is amazing and fast. Craze has helped Arezou grow!

    Ishita Saxena

    Founder, Arezou

  • Craze has easily given me back 10-15 hours. Before Craze, we tried a few payroll softwares but still had to spend time on compliance. With Craze, payroll management is just one click away

    Sarthak Jain

    Founder, Findr

  • Craze has been a big relief for QuickReel, especially as a first-time founder dealing with compliance struggles. The seamless onboarding process and exceptional 24/7 support has been highly impressive. Craze has made managing QuickReel's HR, payroll, and compliance needs effortless, allowing me to focus more on scaling the business

    Ansh Vashistha

    Founder, QuickReel

  • The interface is intuitive and user-friendly, making the whole process hassle-free. It's saved me a lot of time and headaches. Overall, I highly recommend Craze to anyone looking for a simple yet effective payroll solution. Quick and effective support is another reason to use Craze

    Vishal Sharma

    Founder, Autopilot

  • The onboarding process was exceptionally smooth, and the product is sleek and well-designed. Kabir and his team were impressively prompt in addressing all of our queries

    Sanskar Jain

    Co-Founder & CEO, Entvin

  • We are a small team yet Craze saves us a lot of time in payroll and I can only imagine how much of an impact it can have on bigger businesses. Team Craze were super quick and precise with the onboarding and quick demo

    Krishna Mohan

    Co-Founder, FunnelHQ

  • Craze offered the perfect solution for our small tech startup's HR and payroll needs. When an employee requested a salary slip, we, as first-time startup founders, were initially unsure how to provide one. Craze provided a one-stop HR and payroll solution, resolving all our issues instantly

    Hemang Vyas

    Co-Founder & Head of Operations, Dev Satva

  • Huge shoutout to Craze. They have built a super slick easy to understand platform to process payroll. The setup process took less than 5 minutes and I could easily understand the different features and add my team members. Special thanks to Kabir Nagral for inviting me on a call so quickly and getting me started with Craze

    Harsh Agrawal

    Founder, DevKit

  • We absolutely loved using Craze to automate our payroll process. It's as simple as clicking a button and saves at least three hours every month by completely streamlining all payroll-related compliances. The UI is super intuitive, and the team is super helpful and responsive. I would definitely recommend it to early-stage startups

    Harshil N

    Founder and CEO, Contineu AI

Why startups use Craze
as their people operating system

Read all customer testimonials

  • 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

  • I'm thrilled with the seamless onboarding experience provided by Craze. Their phenomenal support streamlined our HR processes, making payroll a breeze. It has truly elevated Needibay's efficiency and transformed our HR operations. I highly recommend any growing company to rely on Craze

    Arojeet Saha

    Founder, Needibay

  • After trying various admin and payroll tools, our main concerns were complicated UIs, poor service, and slow turnarounds. Switching to Craze for Payroll, leave, and attendance solved all these issues. Kabir and the team have been hands-on, providing excellent customer service. The UI is user-friendly. Highly recommended!

    Sahaan Suman Kumar

    Founder, Bubble Network

  • Craze has been a breeze in running payroll. Our bottle neck was manually wasting time on each contractor or employee's sales commission, adding them to our beneficiary, waiting 24 hours and submitting 10+ OTPs. Craze solved that for us and would 10/10 recommend to all fellow founders and HR leaders

    Bharadwaj Giridhar

    Co-Founder & CEO, Inbox Pirates

  • DocTrue's payroll process used to be manual, which was time-consuming and required coordination with auditors. Craze has helped automate DocTrue's payroll and compliance, significantly reducing the time spent on these tasks. The onboarding experience with Craze was great, and their support has been excellent

    Pushkara RS

    Co-Founder & COO, DocTrue

  • I want to give a shoutout to the guys at Craze (YC S22). They really made our HR and payroll processes super smooth, both for us and our employees. Any issue was addressed quickly with great customer service. I highly recommend it to founders who want to focus on building without wasting time on admin work!

    Itamar Bitan

    Co-Founder, Dognosis

  • The Craze platform is extremely intuitive and easy to use when compared to other payroll/HRM vendors. That being said, my favourite feature is definitely how quick and responsive they are in providing any support

    Sidharth Rao

    Co-Founder & COO, Integration Labs

  • Craze has completely transformed how we handle salary processing and contractor payments, cutting my effort by over 70%. I don’t have to worry about figuring out taxes or dealing with TDS calculations anymore. The dashboard is super easy to use, and the support is amazing and fast. Craze has helped Arezou grow!

    Ishita Saxena

    Founder, Arezou

  • Craze has easily given me back 10-15 hours. Before Craze, we tried a few payroll softwares but still had to spend time on compliance. With Craze, payroll management is just one click away

    Sarthak Jain

    Founder, Findr

  • Craze has been a big relief for QuickReel, especially as a first-time founder dealing with compliance struggles. The seamless onboarding process and exceptional 24/7 support has been highly impressive. Craze has made managing QuickReel's HR, payroll, and compliance needs effortless, allowing me to focus more on scaling the business

    Ansh Vashistha

    Founder, QuickReel

  • The interface is intuitive and user-friendly, making the whole process hassle-free. It's saved me a lot of time and headaches. Overall, I highly recommend Craze to anyone looking for a simple yet effective payroll solution. Quick and effective support is another reason to use Craze

    Vishal Sharma

    Founder, Autopilot

  • The onboarding process was exceptionally smooth, and the product is sleek and well-designed. Kabir and his team were impressively prompt in addressing all of our queries

    Sanskar Jain

    Co-Founder & CEO, Entvin

  • We are a small team yet Craze saves us a lot of time in payroll and I can only imagine how much of an impact it can have on bigger businesses. Team Craze were super quick and precise with the onboarding and quick demo

    Krishna Mohan

    Co-Founder, FunnelHQ

  • Craze offered the perfect solution for our small tech startup's HR and payroll needs. When an employee requested a salary slip, we, as first-time startup founders, were initially unsure how to provide one. Craze provided a one-stop HR and payroll solution, resolving all our issues instantly

    Hemang Vyas

    Co-Founder & Head of Operations, Dev Satva

  • Huge shoutout to Craze. They have built a super slick easy to understand platform to process payroll. The setup process took less than 5 minutes and I could easily understand the different features and add my team members. Special thanks to Kabir Nagral for inviting me on a call so quickly and getting me started with Craze

    Harsh Agrawal

    Founder, DevKit

  • We absolutely loved using Craze to automate our payroll process. It's as simple as clicking a button and saves at least three hours every month by completely streamlining all payroll-related compliances. The UI is super intuitive, and the team is super helpful and responsive. I would definitely recommend it to early-stage startups

    Harshil N

    Founder and CEO, Contineu AI

  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

Cons

  • Inadequate reading materials and support for beginners

  • Mobile app UI requires improvement

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

Cons 

  • Limited report generation features

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

  • Lack of robust Leaves and Attendance products

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

Cons 

  • The feature to run payroll in batches is missing

  • Live chat and support features could be better

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

Cons 

  • Custom support is not responsive

  • Login issues and the free version is buggy

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

Cons

  • Lagging site response time

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

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

Cons 

  • Lagging site response time

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

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

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

Cons

  • Lagging site response time

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

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

  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

Cons

  • Limited customisation in reports and dashboards

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

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

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

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

Cons

  • Requires frequent software updates 

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

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

Cons

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

  • Tax calculations vary every month

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

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

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.

craze signup
craze signup
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FAQs

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.

Why should I implement payroll software?

Implementing payroll software automates salary calculations, ensures compliance with tax regulations, reduces errors, and saves time and effort for HR and finance teams.

What are the key things to look for in payroll software?

Key things to look for in payroll software include ease of use, compliance handling, scalability, customer support, customisation options for salary components and other features.

What features should I look for in payroll management tools?

Look for features like automated payroll calculation, self-service portals, mobile accessibility, tax compliance, reporting and analytics, role-based access controls, and integration with time and attendance systems.

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.

What are the different pricing models in payroll software?

It is per-user-based. Some companies have feature gating and minimum users. Craze doesn't have restrictions and has transparent pricing.

Sreyashi Chatterjee

Sreyashi Chatterjee is a SaaS content marketing consultant. When she is not writing or thinking about writing, she is watching Netflix or reading a thriller novel while sipping coffee.

Summary
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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