Payroll Software in India for Small Business in 2022
Paydays are a favorite of everyone, except maybe the HR department. Management payroll software is a daunting task that almost no one enjoys. The payment of wages or salaries is one of the most difficult parts of many accounting systems.
Business owners must be able to make wire transfers and produce paychecks. They also need to know how to calculate the underlying calculations, including taxes, salary deductions, and leave accruals. This is not all. Tax filings must be precise every time you file them with the IRS.
You need the best payroll software to address your unique challenges and improve the efficiency of your HR department.
Let’s get started.
Which is the best payroll software?
- Onepay
OnPay provides faster performance, sleek design, and great features. The full-service Payroll Software in India allows business managers to easily manage a complete workforce record and handle unlimited monthly payrolls.
Ideal for:
This tool is ideal for small and medium-sized companies that need a cost-effective, end-to-end solution for their Payroll.
The Key Features
- Document vault: It provides a document vault that allows employees to save important documents in a safe, secure way
- Robust integration: This software solution allows for robust third-party integrations to various applications, including Xero and Humanity, Guideline. QuickBooks, Kabbage, and many more.
- 401K Planning: This feature allows employees to plan their retirement and effectively manage deductions, compliance, and investment portfolios.
Pros:
- It allows employees to edit and enter their details, allowing human resources staff to concentrate on the most important things.
- Direct deposit payments can be processed online or by cheque.
- There are no additional fees for doing unlimited pay runs.
- It accurately calculates and pays federal and state taxes. It guarantees tax compliance.
- OnPay keeps all information of employees, even if they aren’t working for the company. This allows them to access online W-2 forms and payslips.
- It has a large HR library that allows users to learn more about employment laws.
- It uses multi-tier-user permissions and security passcodes for call-ins to ensure organizational safety.
Cons:
- The knowledge base is incomplete without too many layers, confusing new users.
- There is no smartphone app.
- No customer support on weekends
- Gusto
Gusto has been a popular choice for payroll software. They are cutting-edge SaaS offerings that make traditional providers like ADP seem like they are still in the stone age. Gusto offers an intuitive, user-friendly interface that makes your experience easy and enjoyable.
It can also handle essential administrative tasks and general human resource management.
Ideal for:
Its user-friendly interface makes it an ideal choice for small businesses.
The Key Features
- Robust Security offers bank-grade Security with 256-bit encryption data flows between authorized parties.
- Child Support Garnishments: It automates all employee payments in all 50 states, except California.
- Automated Wage Adjustment: Gusto can automatically adjust employees’ wages to ensure minimum wage compliance with FLSA Tip Credit.
Pros:
- Automates payroll management and direct deposit.
- Pays employees’ payroll taxes automatically and calculates them
- Human Resource teams can connect their payroll setup to multiple accounting tools.
- You can try it for free.
- Gusto uses a nine-step wizard for easy setup.
- On boarding employees – HR professionals can use the software to self-onboard new hires.
- Allows for faster processing of basic payroll data
- It allows users to save their data and begin working at any time.
Cons:
- Prepaid debit cards cannot be used to make payments.
- To view reports, you will need to download them.
- Sure Payroll.
Sure Payroll is the perfect payroll solution for small businesses and households. Sure Payroll’s latest version offers a wide range of compliance and tax updates at a very affordable base price.
It is a great value offering in the payroll market because of its lower subscription costs.
Ideal for:
This software is well-known for its exceptional customer support, detailed record-keeping, and faster payroll processing.
The Key Features
- Flexibility In case of payment delays, it offers the next day or next payment to employees.
- Excellent Customer Support: This software provides prompt customer support for setup and post-sales to ensure that your experience is hassle-free.
- Mobile Access The payroll software provides robust iOS and Android apps to provide seamless mobile access.
Pros:
- It offers a 100 percent tax filing guarantee.
- It is accessible from anywhere in the world and can create payroll reports. The intuitive smartphone app allows users to access all of its features on their smartphones easily.
- SurePayroll automatically forwards details about new employees to the relevant government department. This includes the employee’s name and address and their Social Security numbers.
- Either pay your employee via direct online deposit or by cheque.
- Employees can log in to the mobile app to access their year-end tax documents, pay stubs, and more.
- After each month’s payday, managers can export their data to a general ledger.
- Its customizable, interactive dashboard makes it easy to manage all tasks efficiently.
- It supports multiple types of payroll formats.
- Effective record-keeping and processing payroll data
Cons:
- The interface is too cluttered and could overwhelm the user.
- Intuit Enhanced Payroll Software.
Intuit’s Enhanced Payroll is a reliable and effective setup that allows for the accurate processing of payroll data. As a result, it is a reliable and capable solution for managing employees’ payrolls and paying taxes.
Ideal for:
It’s affordable and does not come with any extra bells or whistles. Therefore, it is best suited for small businesses that only need to manage Payroll efficiently.
The Key Features
- Robust Integration of Taxes: It ensures accurate tax calculation so you can pay taxes on time to the relevant authorities
- Customized reports: Managers can create custom reports that include payment and employee data, as per their business requirements
- Secure Data: The software is hosted on the cloud and offers great data security and the ability to securely access it from any location.
Pros:
- It allows you to manage mobile Payroll through your Android or iOS mobile apps.
- The cloud-based solution protects all information. It provides a solid mechanism for efficiently managing federal, state, and local taxes on the land.
- Its intuitive mobile app makes it easy to track and set up pay runs.
- You get a 30-day free trial of the software that includes all features.
- Provides powerful payroll processing tools
Cons:
- Even after numerous updates, the interface still looks outdated and unusable.
- Limited features
- This software is among the most expensive payroll tools.
- Sage Payroll Essentials Plus
Sage is, without doubt, one of the top payroll systems. It comes with all the necessary elements to run a successful payroll software program.
The Key Features
- Simple Setup: This software is easy to use and integrates well with its competitors.
- Accuracy offers high accuracy and efficiency for tax compliance, payment processing, and payroll data.
- Money-Back Guarantee: It offers a 6-month-long money-back guarantee. It is a one-of-a-kind offer.
Ideal for:
Sage Payroll has highly customizable plans that can be tailored to meet the needs of any business, regardless of size.
Pros:
- This software is highly adaptable and a great choice for small businesses experiencing rapid growth and want to expand in the future.
- It automates the processing of payments according to the payday schedule.
- You are capable of building walls that authorized users can only access
- It offers a six-month extended money-back guarantee to win customers’ loyalty
- It can incorporate all details of employees into the record
- Pay your employees using pay cards, direct deposit, or business-generated cheques.
Cons:
- The dashboard is inefficient and cluttered.
- The interface is difficult to use and looks old.
- Mobile use is not possible with the software.
- Patriot Software Full-Service.
Patriot Software Full Service has been a reliable and highly functional software for 17 years. It can deliver end-to-end payroll solutions for its clients. It allows HR professionals to automate mundane tasks and focus on the mission-critical aspects of their business.
Ideal for:
A small business payroll is an excellent option because of the strong support from beginning to end.
The Key Features
- Robust Customer Support: Patriot Software provides robust support right from the beginning to ensure that all tasks are automated easily and that the workflow is optimized so you can focus on the most important tasks
- Live Customer Service Assistance: The software company offers customer support to assist customers in integrating the software into their business processes. It offers free customer support via email, chat, and phone.
- Accounting: It provides all the necessary for basic accounting
Pros:
- Patriot Software is simple to install and use
- The software requires a gradual learning curve. This means that people with low technological intelligence can use the software efficiently.
- It simplifies the payroll process by storing all payroll-related data in one place.
- It provides a free software installation for businesses who wish to switch to Patriot Software as their payroll software.
Cons:
- Online setup wizards are not available.
- The interface is a little dated and messy.
- The dashboard and the employee portal aren’t among the best options.
- Square Payroll.
Square Payroll provides a user-friendly interface and all the functionality of a reliable payroll system. A square Payroll is a great tool for hourly and salaried employees. It supports W-2 employees, as well as 1099 contractors.
Ideal for:
This is a great tool for companies looking for an intuitive, engaging user experience and powerful payroll software.
The Key Features
- taxes calculates and pays federal and state payroll taxes accurately, and also provides quarterly federal and state filings
- Health Benefits –It has partnered up with SimplyInsured to offer employees health insurance. It also has partnerships with other healthcare providers based on where you live.
- Team Management: Its latest update allows Team Management to track employees’ work, such as break duration and doing what task.
Pros:
- The software is completely cloud-based and does not require installation.
- It is in strong collaboration with AP Intego’s Pay-as-you-Go service for worker’s comp insurance. There are no administration fees, and businesses only pay the premiums.
- It integrates well with PoS and time in and out software, allowing you to collect employee data accurately
- It allows unlimited payroll runs in all serviceable states, which are fully automated.
- Employees can edit and add personal information about themselves.
Cons:
- There are only a few types of payroll items.
- Only 32 states have their services
- There is no smartphone app for quick navigation of the software on smartphones.
We would like to introduce that the Payroll Process can conduct in the easiest of process to lift and manage employees and their salaries. An HRMS is a advantage of software to help you streamline your leave management, reimbursement, time logs, and procedure payroll. A company has multiple facets of company policy to look after and in such a scenario, don’t you think giving your HR personnel relief of directional tasks would bring in a great source of new design? You can try UBS HRMS for a preferable payroll procedure, leave allocation, and attendance trail management.