Processing payroll is undeniably a tedious and error-prone task for businesses of all sizes. But exceedingly so for small businesses, since they lack the resources, and function with a smaller team. They end up spending countless hours every month manually calculating salaries, compliance deductions, reimbursement, etc.
If you are amongst them and struggle with payroll execution, we recommend using India’s only fully automated payroll software - RazorpayX Payroll.
It automates end-to-end payroll, right from employee onboarding, compliance payments, return filings, salary disbursements, leave management, and much more. This reduces the number of touchpoints between the business, employees, and a chartered accountant, thereby saving more than 30 hours per month!
Read on to know why RazorpayX Payroll is trusted as the best payroll software for SMEs and startups in India.
RazorpayX Payroll automatically calculates and pays employees & contractors, directly into their bank accounts. It also takes care of the necessary deductions based on the tax bracket, leaves, etc. You can even add bonuses for employees while processing payroll.
The software also generates UAN numbers for employees, registers them for ESI and handles employee onboarding and exit process effortlessly.
RazorpayX Payroll automates compliance payments like TDS, PF, PT, and ESI, along with their periodic return filings. The software also calculates TDS based on the tax declarations submitted and on the tax regime opted by the employees.
RazorpayX Payroll eliminates the need to manage employee leave requests manually. It provides real-time attendance tracking along with leave management through web and biometric devices.
Businesses can streamline the employee reimbursement processes, right from adding expenses to calculating and settling them with RazorpayX Payroll.
Employees can easily apply for reimbursement and submit bills on the Payroll software dashboard. Once managers view and approve the payments, the amount is automatically transferred to the employee’s bank account.
Business owners, HR and finance teams can access accurate insights with reports in one place, on the RazorpayX Payroll dashboard. The reports include salary and HR registers, PF/PT/ESI challans, employee documents and much more.
RazorpayX Payroll offers health insurance tailor-made for small businesses & startups.
Your employees can access their payslips & Form 16, declare investments seamlessly by logging in RazorpayX Payroll dashboard.
You can trust RazorpayX Payroll to automate your entire payroll process effortlessly and bid payroll troubles, goodbye.
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