Razorpayx Payroll App Download
Gwen Simon
First, employee inputs like PAN, address, and bank account details are gathered. These are then validated and fed into the payroll software. It calculates employee salaries and automatically manages the payments to the employee bank accounts, with very little manual intervention.
It keeps track of the wages defined by the government and days/hours worked, leaves, and statutory taxes such as PF, PT, TDS, & ESIC. RazorpayX Payroll makes it a breeze to manage employee payroll. It has an easy-to-use and intuitive design that allows employers to enter minimal information into the software and calculates the salary automatically.
One of the most significant benefits of payroll software is that it automates tedious tasks of employee salary calculations and disbursals with just a few clicks. RazorpayX Payroll automates in precisely 3 clicks
One of the most efficient and reliable payroll software in India for startups and businesses. RazorpayX Payroll software automates the payroll process for you, so you can calculate payroll and disburse salaries quickly. Furthermore, we handle all payments and filings of compliances like TDS, PF, ESI and PT.
Most payroll softwares as payroll processing tools where you need to do most of the work since they give you reports. You then need to go and upload these to your bank to make salary transfers, government portals for compliance payments.
RazorpayX Payroll automates salary transfers to any bank in India. We also take care payments and filings for all compliances like TDS, PF, PT and ESI
The best payroll software automates manual processes like salary calculation, disbursement, and, more importantly, compliances. All organisations in India must abide by laws and regulations set by the government and file PF, PT, TDS & ESIC.
RazorpayX Payroll was built keeping all these things in mind. With it, you can process payroll in just 3 clicks. Not just that, you can also generate different reports, offer letters, process reimbursements, and more. It is also integrated with software like Jupiter, Zaggle, and more so that you can manage everything payroll & HR in one place.
Small business owners can use RazorpayX Payroll software. It has an extremely user-friendly interface and automates the entire payroll process in just 3 clicks. It also calculates compliances such as PF, PT, and TDS for employees and files them automatically.
RazorpayX supercharges business banking by enabling you to seamlessly open a current account, process payroll, pay taxes, automate vendor payments, and get a collateral-free corporate card (charges applicable).
RazorpayX, previously known as Opfin, is a platform that helps business owners manage invoices, accounts payable, payroll, and reimbursements. It makes their banking experience seamless. The platform provides a corporate card with a dynamic credit limit of up to Rs.20 lakhs, keeping the needs of startups and small businesses in mind.
The first phase of the campaign was released on Wednesday (May 18) and featured Mehta battling a host of payroll compliance-related problems. Startups normally function with a slim team, where the members have multiple responsibilities. Automating payroll makes the lives of members easier, and this is what the campaign aims to highlight.
Unlike traditional payroll software that helps you with payroll processing (calculations), RazorpayX's Payroll takes a leap ahead by executing it for you. This means it transfers the salaries and pays and files the compliances on your behalf.
RazorpayX payroll is the newest and the most promising payroll software in India for startups & businesses in India. RazorpayX payroll is a HR software that is different from others, as RazorpayX Payroll automates salary transfers to any bank in India by taking care of the payments and Filing all the compliances.
Apart from this RazorpayX Payroll is absolutely free with no limitations as you get the first 3 months of the Pro Plan as a trial with no hidden conditions. All these beneficial features of RazorpayX payroll have made it the most demanded HR & payroll software in India.
Key People: Praveen Kumar.D.S.
Founded: 2004.
Headquarters: Mumbai.
Key Clients: NIIT, Samsung, Baggit, Suvidhaa.
HRM Thread is an HR software that offers end-to-end solutions. Along with Mumbai, they also provide services in Delhi & NCR, Bengaluru, Hyderabad, Kolkata, Indore, Coimbatore, Vijaywada, Chennai, and Ahmedabad. Their payroll solution includes a list of different features such as processing salaries, making other payments such as reimbursements, providing statutory reports for ESIC, PT, PF, and TDS. This solution also solves income tax issues like calculating IT, TDS projections, returns, and calculations, to name a few. HRM Thread helps in calculating arrears for previous periods and also generates separate payslips for the same. Other payments like gratuity, bonuses, overtime calculations, and medical payments can also be done via HRM Thread.
Key People: Pankaj Bhargav.
Founded: 1996.
Headquarters: Mumbai.
Key Clients: LIC Housing Finance, Piramal Healthcare Mumbai, Parason Machinery.
HR Mantra has offices in Mumbai, Delhi, and Bangalore. Their payroll feature is simple to use and covers different aspects of processing payroll. They bring down the process to a few steps rather than a week-long process. Employers can set salary slabs and policies department and team wise. You can also define IT exemption limits. It is 100% customizable and can handle even complicated pay calculations.
You can now make a one-time payment to your employees outside of their regular payroll cycle. Examples of a one-time payment can be a performance incentive or other bonuses such as a retention or joining bonus, that you want to pay to an employee immediately.
If the payment that you are making is taxable, then XPayroll will show you the net payment that will be made to the employee after withholding TDS. The TDS will get paid when the payroll for that employee is executed.
Jupiter, a new-age digital banking platform, collaborates with RazorpayX, the neo-banking arm of Razorpay to provide a comprehensive payroll platform for companies to ensure a seamless and on-demand banking experience for their employees, right from their first day of joining. This, one-of-its-kind partnership, enables organisations to maintain a single dashboard for all things salary and more and helps automate the entire processes of salary calculation, salary disbursal, managing the provident fund, gratuity, insurance, salary accounts, and more in a hassle-free manner.
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