Category: Payroll Software

HR Software
Rating
5 / 5

factoHR is the best payroll software in India which is integrated with all HRMS functionality, with benefits of administration, leave and attendance tracking, and native mobile apps for employees. The integrated software solution has been designed for use by companies of all sizes, from SMEs to large…

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Price
https://factohr.com/
HR Software
Rating
5.00 / 5

Mypayfriend is simple and effective payroll software by Mindsoft. It is highly customizable software which supports different policies that can be defined by users. It auto-generates the salary by tracking the attendance, leaves, deductions, loans etc. It supports multi-currency and allows you to payout through…

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Price
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HR Software
Rating
5.00 / 5

Time Dynamo – the new age Biometric attendance software is a boon for entities as it can help put an end to the vexatious employee time recording and monitoring infrastructure. Being transparent and fully tamper proof TimeDynamo gives a 360 degree view of the attendance,…

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HR Software
Rating
5.00 / 5

BIZHRS is an HR and Payroll Software in Dubai, UAE provided by AK Finserv. Cloud-based Payroll & HR software for small and midsize businesses in UAE.

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Price
We charge on subscription model monthly
HR Software
Rating
5.00 / 5

Connect Cloud HR & Payroll Software Solutions in Dubai, UAE delivers online HR software (HRMS) services & payroll solutions across Dubai, Abu Dhabi, UAE, Middle East for small business to Automatize numerous payrolls, HR management solutions. Our Product & Services include:

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HR Software
Rating
5.00 / 5

Recognized as the most comprehensive and user-friendly all-in-one HR software, BrioHR helps you digitize all your HR processes seamlessly. Automate admin tasks and engage your employees for maximum productivity. BrioHR modules covers the full employee journey from talent acquisition (recruitment and onboarding) to admin automation…

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HR Software
Rating
5 / 5

In the digital world, large companies and businesses handle and organize large data of employees. In the market, there are a number of companies including SAG Infotech that are providing payroll software with advanced features. SAG Infotech is a software module management company that developed…

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Price
$200.57
HR Software
Rating
5.00 / 5

Zimyo offers businesses an end-to-end platform for HR, payroll, performance, engagement, and benefits.Catering to the trust of 1000+ customers of various organizations, Zimyo aims to provide the #1 Employee Experience Platform to the organizations. With our solutions, organizations have experienced reduced employee attrition, increased retention,…

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Price
Starts from $2 per user
HR Software
Rating
5.00 / 5

MiHCM Cloud Digital HR is designed to run at scale on the Microsoft Azure Cloud platform which is a global leader in cloud platform infrastructure. MiHCM was also recognized by Microsoft as the ISV partner of the year in 2019 and 2020 and the solution is…

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HR Software
Rating
5.00 / 5

New HRMS is a simple, intelligent, and user-friendly solution that offers multiple technology modules to help in automating your human resource practices. The feature-rich web app template is designed to manage employee management (attendance, holiday, leave), project management, task management, assets management, leads management, clients…

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Buyer Guide: Payroll Software

Payroll management of a company is important, as employees are the bricks and stones of an organization. Manual processing of payroll is time-consuming and exhaustive, especially in large organizations. Payroll defines how much an employee makes a month, the benefits offered by the company, deductions with respect to medical insurances, PF, Loss of pay, etc. and wage garnishment. Some organizations recruit freelancers and contractors for specific projects to be done. Payroll software plays an important role here. Payroll processing can happen in timely increments. Some organizations credit employees’ banks directly or give out checks manually. This can be taken care of by Payroll software. There are some exclusive options where employees can be paid through re-loadable payroll cards that work like an ATM card.

Target Audience

  • Large organizations with more than 100 employees can set up an in-house payroll system.
  • Small organizations can use this software to only generate payroll while other HR and admin processes can be handled manually by an employee.
  • Very small organizations can outsource their payroll processing to a third-party, to keep record of how much revenue is generated and how much is being given out.

Why Payroll Software?

Payroll software, similar to accounting software, overlap accounting features in many aspects. While payroll software is all about payroll processing, tax payments, employee benefits and bonuses, revenue details and more, accounting software only has payroll management as an additional feature. Tracking benefits and time and attendance management are also included as dedicated payroll solutions.

Payroll Software Types

Basic payroll features are included in all software, but a payroll software that fits all-sized businesses is unavailable. If your business expands from a small to large-sized enterprise, then purchasing a payroll software that suits the size of your company matters. When shifting from one payroll scheme to another, checking if the payroll software you purchase can integrate with existing software is crucial. The types of Payroll software are:

  1. Small Business Payroll Software (50 employees or less)
  2. Medium-sized Business Payroll Software (100 employees)
  3. Large Enterprise Payroll Software (More than 100 employees in different locations and different countries)

What to Look for in Payroll Software before Buying

Many types of payroll software solutions are out in the market and buying the right software that suits your business needs is important. The key factors to take note of, before buying are:

  • Pricing – Comparing prices from different vendors by looking at the features that are required for your company is important. Cloud-based software is cheaper than an on-premise software. The features included in the package offered should be carefully analyzed, as some software tools may contain a lot more features for a cheap price than other software tools that don’t.
  • Flexibility – Changing from a small sized organization to a large sized one may require software flexibility, to scale up or down depending on requirements.
  • Integration – If you have an existing software, the new payroll software must be able to integrate with the software already used for your business, to avoid unnecessary data overlapping.
  • Training and Support – Some software offer technical training support to help customers use their product wisely. If there are any technical issues faced, the support team must be readily available to cater to your needs.