List of Best Payroll Software for Small Business

List of Best Payroll Software for Small Business-feature image
February 24, 2023 Reviewed By : Megha Sharma .4 Min read

Are you struggling with payroll calculations and deductions? As the number of employees will grow in your organization, tracking their leaves, attendance, reimbursement claims, and expense claims manually will prove to be really hard.

Fortunately, you can deploy and implement payroll software from top vendors in the market to benefit from automation.

List of Top 10 Payroll Software

1. sumHR

sumHR’s payroll software is quite a simple yet affordable solution, helping businesses grow at a rapid pace. It makes even complex payroll processes simpler.

payroll software

Don’t be puzzled by complex documents related to employee salary and remunerations. Get ready to process the entire payroll process quickly using sumHR’s payroll software.

2. HRM Thread

HRM Thread provides a powerful and useful payroll software, helping companies manage the leave and attendance of employees. It provides real-time integration with biometric and attendance devices to ensure streamlined processes.

PF consultants, Chartered Accountants and other businesses can enjoy complete control over payroll with this software. Be it e-TDS returns, TDS declaration or tax planning, all can be handled with this software.

3. ZingHR

The new age digital workforce requires the right tools of the trade to achieve the extraordinary. And, when it comes to the top payroll software, they trust only ZingHR.

payroll software

With 24 plus advanced modules, ZingHR makes the tasks related to employee lifecycle management and payroll processing simpler. The user-friendly dashboard of ZingHR helps in managing recruitment seamlessly. Sourcing, interviewing and hiring become more manageable with this payroll software.

4. GreytHR

Payroll processes often involve complex computation and compliance processes. However, these cumbersome tasks can be simplified and tackled efficiently with greytHR payroll software.

payroll software

With this software, you can cut costs and ensure transparency. Using this payroll software, you can compute salaries automatically and benefit from extensive reconciliation tools.

5. Beehive HRMS

Get a faster payroll output and improve productivity using Beehive HRMS. This rule-based payroll management software automates entire payroll processing, starting from CTC creation to tax calculation and Form 16 generation. The entire payroll processing cycle for every employee can be managed through a single, user-friendly dashboard.

6. Keka

Keka Payroll is an all-in-one payroll software, helping you manage your employees whether they are 20 or 20k in number. It’s also fully compliant, so that you don’t have to worry about it.

Using this payroll calculator software, you can also handle leaves, attendance, bonuses and a lot more in lesser time and with higher accuracy. Get this software to create an employee-centric experience and minimize employee queries related to finance.

7. HRMantra

Any kind of loan or salary advances can be calculated on PMT, reducing, flat and average value method with the help of HRMantra HR & payroll software. Also, loan EMI calculations can be managed automatically with this payroll software.

Employee perks can also be defined along with the number of pay earnings, deductions and pay recovery. Most importantly, you can define IT exemption limits with this software.

8. PeopleApex

PeopleApex one of the most popular cloud HR & payroll software for generating statutory reports, and calculate tax, bonus, loans and salary calculations.

Also, you can use this software to gain visibility across the company with smart insights. Its expense management module is ideal for tracking expense requests and managing claims and approval.

9. Paybooks

Calculate employee salary in minutes and share it in their accounts using Paybooks payroll software. This software comes with an inbuilt compliance module for provident fund, income tax, ESI, etc.

Further, the integrated biometric device and mobile app simplify attendance tracking and payroll management like never before.

10. Pocket HCM

If you think that it’s just another payroll software, here’re some surprising features of Pocket HCM that will change your perception totally. This software is known for its formula-based earning and deduction feature along with other significant benefits like unified hosting platform, intelligent time tracking, real-time analytics and user-defined reports.

You must have decided by now the payroll software you are going to invest in. Need any further assistance? Just let us know!

Suggested Read: 7 Best Free HR Software for SMBs on Tight Budget

Written by Kalpana Arya

Kalpana’s tech writing journey began in 2017 with Techjockey, and she truly belongs here! If she was not a technical content writer, she would have been a coder. Technical writing, especially for business software, is her passion, and she enjoys every bit of it. From addressing the pain... Read more

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