Running a successful business has always been an extreme challenge for business owners. There are many things they need to take into serious consideration to thrive in the highly competitive market. We are aware that not everyone has what it takes to have complete control over all the aspects that make a business successful, and that is especially true for small and medium businesses.
The Payroll Management System lets you take your human resources management to a higher level. Even the top payroll providers in India understand the need for an error-free payroll management activity. With the wide range of services, your business can enjoy a payroll process which is timely and accurate.
So, let us first have a look at some basic advantages a Payroll management software offers:
- Employee Calendar: A payroll software generally offers employee calendars. It helps you in smoothly managing sick leave, absences. and overtime.
- Cost Effective: Saves a lot of man hours and money in handling HR accounting.
- Tax Updates: Helps you in managing tax and compliance like PF, ESI etc.
- Generate Payslips: You can generate payslips in an automatic manner.
- Ensure Security: Payroll software adds security to your organization. As the data remains with you, third-party intervention is not needed.
Below we have mentioned some of the best payroll management software in India.
- MARG ERP 9+ – Payroll Software
Marg Payroll Software has a user-friendly interface. As you can easily integrate it with a biometric machine. And then it will keep the track & maintenance of all the information on salary transfer. This system is fully expertise in managing all the systems like Human Resource Management system, Employee Payroll Management System, Employee Compliances Management System etc.
- Keka – Payroll Software
Keka is an employee experience platform. The only HR & Payroll solution which is employee centric. Unlike traditional payroll management system, Keka is a modern new generation platform focused on user experience and simplifying complex workflows. You can manage your employees and assign tasks to them from any place in the world and with any device.
- Beehive – Payroll software
Beehive’s HRMS, a complete web-based payroll management software covering the entire life cycle of an employee from recruitment to resignation or retirement. The system is developed by Beehive Software Services Pvt. Ltd. It is the most comprehensive HR and Payroll management system solution. It takes care of workflow-based leave management platform which enables employees to submit their leave applications and managers to approve it with workflow notifications. It also integrates time details to obtain more accuracy even as managing the leave and payouts.
- ADP Vista – Payroll Software
ADP Vista HCM SM is designed to handle complex types of business. The system is developed by Automatic Data Processing Inc. When the HR software is customized to your business requirements, then you can process payroll and the associated compliances such as TDS, PF and ESI deductions with a single click.
- Easy Accountax – Payroll Software
Irrespective of business size or industry Easy Accountax is one of the most preferred software. It automates major areas of HR, payroll management, leave, and attendance tracking. With many satisfied customers across the globe, it manages to leverage powerful features like employee management, payroll services on the cloud, time & attendance management, TDS and payroll compliance, employee self-service (ESS), and more.
With built-in timesheets, auto synchronization with biometric devices, high data security, e-payslips, according to us, Easy is the one-stop solution for business to manage their payroll smoothly and efficiently.
Payroll management software can provide forecasts; you can use these to plan staff costs and budgets by entering hypothetical numbers to see the exact total cost of an employee. Choose your payroll software that fulfils your requirements.