In business, managing the payroll process is a task full of hassles. From calculating different deductions and additions to direct deposits and tax filing; it needs to be accurate. Here, the role of payroll software comes into the picture.
Today, various open source and free payroll software India helps expedite and ease the process of payment calculations and allocation. However, it is crucial to choose the payroll software that meets your requirements without breaking the bank.
Payroll software is a type of platform which helps employers in calculating compensation of the workforce in exchange for the services they have offered.
Payroll software solutions can be bought through an HR/Payroll software vendor as a standalone or can be purchased as a software module in a comprehensive DBMS package for businesses. These include various other modules such as accounting and CRM solutions.
To sum up, payroll management software assists businesses in the calculation of individual salaries keeping several factors in mind, such as logged-in hours, taxes, and attendance. The software then automatically distributes salaries into each employee’s account.
If payroll management is executed manually, it can be full of hassles, and there is a scope for error, which might lead to discrepancies. Automating systems with the help of a payroll software can help save money, eliminate mistakes, and avoid compliance issues.
If the secondary tasks can be automated, it would free employees for other primary business-related activities. Free and open source payroll management system also help in easing the expansion and transitionary period of a business as it grows.
Another benefit of choosing a good free and open source payroll software for Windows and mobile is that it ensures accuracy in calculations and is less expensive than hiring a payroll management agency.
With standard payroll software, businesses can streamline their processes and make them faster.
Any standard payroll software, free or premium, comes with a set of features to ease the work of payroll managers. The software helps in the storage and monitoring of employee data while also assisting in generating various documents related to payroll and compliance.
Here are some of the salient features any free open source payroll software for small business must provide:
The best free payroll management software India calculates various subtractions such as taxes, loss of pay due to leaves, and Provident Fund. With the help of free and open source payroll management system, these deductions can be automated, and the salary can be credited to specified bank accounts.
Free open source payroll software India should automatically generate all tax forms that are needed by businesses as well as employees. Standard free and open source payroll management systems can create print and send compliance, and tax form with the push of a button. Hence, it also helps in saving the employees from stress and hassles during the tax return filing sessions.
Not all free payroll software India consists of the same features. Therefore, it is essential for a business to analyze their requirements and then look for the best free and open source payroll software for Mac & Windows which fulfills those.
For instance, the companies that are just starting their journey and do not expect a sudden growth don’t need to invest in enterprise-level software. For start-ups and SMEs, a starter pack with zero or minimal charges would be sufficient to manage basic Payroll and HR-related tasks.
With the help of a trusted free payroll software for Mac & Windows, the staff can easily access their dashboards for information regarding salary, work hours, attendance, and apply for leaves.
Employees can review their personal information and request changes without having to involve the HR department. Employees can also manage their daily work better, with the help of schedulers provided by the best free open source payroll software for small business.
Cloud storage has become an indispensable part of the software systems today, and free payroll management software is no different. Today, managers and business owners need remote access to certain official data for tasks such as monitoring and analysis. Using cloud-based free open source payroll software for small business, they can work with the data from anywhere and at any time.
Payroll solution providers offer Software-as-a-service (SaaS) for monthly, half-yearly, or annually payments depending on the needs and plans of businesses. Another benefit of cloud-based software is that you don’t require an in-house maintenance team to look after the servers. The software can be automatically updated if a new version comes in the market.
Here is a list of 36 best free payroll software for small businesses. Each software platform offers unique features so that you can choose which software will suit the best to manage the payroll of your business.
Spine Payroll HR suite is a holistic HR & payroll management software that provides flexible functions and is user-friendly. Like other payroll management software solutions, Spine Payroll too assists HR professionals in managing tasks from hiring to retiring/resigning.
Features of Spine Payroll
Pricing: Get free payroll software demo with Spine Payroll and choose one the best plans for your business needs.
Qandle HRMS allows your employees to work seamlessly without worrying about manual punch-ins and punch-outs. Qandle payroll software ensures automated punch ins as soon as your employees enter the office premises.
And you on-field employees can mark their attendance through the Qandle app. Also, expense slips can be scanned and submitted directly through the app, making the payroll management task easier.
Key Features of Qandle
Pricing: The price of Qandle HRMS starts at ₹ 2450 per month for 50 users.
Marg Payroll Software is a comprehensive payroll software solution for modern businesses and has a user-friendly interface. It can be combined with other software and devices such as biometric machines for more cohesive attendance and payroll compliance.
Features of Marg Payroll
Pricing: It’s a free payroll management software, which provides trial. However, get advanced features for managing employees’ attendance, salary and payroll functions, at the starting price of just ₹5,000 for one owner.
Unlike traditional payroll management systems, Keka HR is a state-of-the-art payroll management solution that focuses on enhancing the user experience and streamlining multifaceted operations.
Features of Keka HR
Pricing: You can try all its plans for free before making the purchase. The foundation plan of Keka payroll software comes at just ₹4999 per month for up to 100 employees.
HRMThread is one of the best payroll software platforms that provide fast and easy modules for comprehensive supervision of payroll activities.
Features of HRMThread
Pricing: It’s a free payroll management software. It further comes in different pricing plans like the Base Plan at just Rs 1500/ month to help manage loans, advances, and user access control.
Beehive’s HRMS is a comprehensive payroll management software that assists HR professionals manage entire HR lifecycle of a company.
Features of Beehive
Pricing: This payroll software free comes with online trial for better decision making.
ADP Vista HCM is another robust payroll & HR system platform that helps professionals in accurately streamlining payroll and attendance. It helps in the efficient management of employee pay-cycle without any extra investment or hassles.
Features of ADP Vista HCM
Pricing: For this free payroll management software, you can request a demo online.
GreytHR is one of the most sought-after HR & payroll management software in the Indian market.
Features of GreytHR
Pricing: GreytHR free payroll management software helps you get started with free trial. Then, you can move to its paid plans at Rs 995 per month.
Payroll in Tally.ERP 9 is one of the most sought-after Payroll software system for impeccable payroll management in the country. Payroll in Tally.ERP 9, apart from helping organizations manage payroll of employees, also helps in accounting and compliance-related processes.
Features of Payroll in Tally.ERP9
Pricing: Tally.ERP 9 Silver Plan starts at ₹18,000.
Suggested Read: Income Tax Filing Software
GoForHR is a cloud-based payroll management platform designed to augment and assist in the multiplying processes of a growing business. Its payroll management tools combined with a cloud-based environment, allows the HR professionals as well as employees to access the platform from on the go.
Features of GoForHR
Pricing: Free demo is available for GoForHR for the interested buyers.
sumHR is another popular cloud-based HR & payroll software designed for businesses across India. Some of their most outstanding features are the easy and interactive UI and one-click payroll management.
sumHR provides a plethora of features for the effective management of payroll.
Features of sumHR
Pricing: For sumHR payroll software free, you can opt for the trial.
Saral PayPack offers a one-stop payroll solution for all the payroll requirements of a business. It helps in the automation of several processes that come under the blanket of HR and salary management.
Features of Saral PayPack
Pricing: It provides online demo for both, on premise & on cloud versions. The on-cloud version of Saral PayPack starts at the low price of Rs 825 per month.
SmartHR, previously known as SmartHR, is a one-of-a-kind payroll and HR management software, which focusses both on the employee and the management needs.
Businesses choose Smart2HR, as it comes with inbuilt analytics tools. In 2017, SmartH2R was awarded as the 30 Best Tech Companies by Silicon Review.
Features of SmartH2R
Pricing: You can take free payroll software demo to know more about its features and pricing details.
Nitso Technologies is one of the most convenient and modern payroll solutions specifically designed for Indian businesses. Nitso Payroll Software provides some state-of-the-art features to businesses for efficient payroll management.
Features Nitso Technologies
Pricing: You can request a free demo for Nitso payroll software and start using it with just Rs 1000 per month.
ZingHR is another payroll and HR management software which is employee-centric and has adopted a mobile-first approach.
Features of ZingHR
Pricing: You can get ZingHR payroll software demo for free.
Quikchex payroll software makes payroll management a breeze. Based on a company’s guidelines and procedures, HR Professionals can manage the break-down of salaries, calculation of overhead CTC, and payroll cycles.
Features of Quikchex
Pricing: You can schedule the software demo for free.
For decades, manual paperwork has been the conventional way to manage payroll. However, considering the amount of time taken to manage multiple profiles, manual management is full of hassles. HRMantra is one of the most efficient HR and Payroll software in the market.
Features of HRMantra
Pricing: Get free payroll software demo for HRMantra. Check here For HRMantra premium plans.
Zoho Payroll is a cloud-based payroll software system used to manage expense and remuneration functions of any business seamlessly. The online solution is aimed to streamline payroll as well as automate and make it more accurate.
Features of Zoho Payroll
Pricing: Zoho provides free payroll software trial. After the free trial, you can enjoy all key features of Zoho Payroll at just Rs 50 per employee per month.
One of the most advanced employee payroll systems, PeopleWorks is an all-encompassing HRMS that helps in the automation of various verticals of an employee management process.
Features
Pricing: You can opt for free software demo for PeopleWorks.
Paybooks is one of the leading web-based payroll solutions that enables the simplification of different processes pertaining to payroll for Indian businesses.
Features of Paybooks
Pricing: Get free software demo, and make the right choice between Regular & Premium plans.
Alp Consulting Ltd provides one of the top payroll management solutions in India. It has been designed to help in the execution of advanced payroll-related tasks accurately.
Features of Alp Consulting Ltd.
Pricing: You can opt for free software demo.
ezpayroll is a web and cloud-based payroll software that offers a simple and automated payroll solution for businesses. It provides a stepwise breakdown for the efficient management of payroll and other tasks all without any additional investment in infrastructure.
Features of ezpayroll
Pricing: You can opt for free software demo.
PACT HR Payroll Software provides all the tools required to keep the payroll management of an organization up-to-date and efficient. With its wide-ranging and flexible features, it assists an HR professional manage and look for the best result for all the critical issues.
Features of PACT Payroll
Pricing: Get free software demo for PACT, and choose from their different payroll ERP solution options.
JSM’s HRIS software has been in the market for almost two decades and has been a market player due to its flexible, easy-to-use and modernized modules.
Features of JSM Payroll
Pricing: You can opt for free payroll software demo.
With the help of its state-of-the-art payroll management tools, one can efficiently manage payroll processes hassle-free and quickly. Paysquare offers end-to-end HR and payroll related solutions to businesses so that businesses can focus on other tasks.
Features of Paysquare
Pricing: You can opt for the free payroll software demo.
A systematic HR and employee payroll database management is vital for ensuring accurate salary payout in any business. AccuPAY is an all-inclusive HR and payroll platform that comes with payroll management and other HR-related tools.
Features
Pricing: You can opt for the free payroll software demo.
Poise Payroll empowers the human resources department in payroll management and HR functionalities of the organization. Web-Based software with workflow, and Indian payroll management features.
Features of Poise Payroll
Pricing: You can opt for free payroll software for its simple or advanced edition.
Portico HR enables a comprehensive and flexible solution for the storage and monitoring of various HR and Payroll information of the workforce in an organization. With Portico, HR professionals can access and modify employee data, register recruits, track leaves, and attendance and do much more.
Features of Portico
Pricing: You can opt for the free payroll software demo.
HRStop is a web-based payroll and HRMS that helps in the automation of several different employee-centric tasks for a company. It also enables HR professionals to make employee data more secure and easily retrievable.
Features of HRStop
Pricing: You can opt for the free software demo.
Payroll by Wave is a cloud-based payroll solution for small businesses. Primary features include invoicing, accounting, online payments, lending, and receipts. The accounting module allows users to create custom invoices, scan receipts, manage sales tax, etc.
It also assists in generating accounting reports, and facilitating payment transaction reconciliation.
Features of Wave Payroll
Pricing: Create your free account and start using Wave free payroll software right away.
FactoHR Payroll is a workforce benefits platform that integrates all of the features of HRMS & Payroll software. It is designed for businesses to provide HR managers with insights into their workforce, and support & automate HR operations from employee hire to retire.
Features of FactoHR
Pricing: You can opt for the free software demo.
BambooHR is a cloud-based human resource and payroll software platform designed mainly for SMEs and startups. BambooHR comes with a state-of-the-art HR and payroll information system that consists of different tools such as a candidate tracking system.
Features of BambooHR
Pricing: You can opt for the free payroll software demo.
PulseHRM is another cloud-based payroll and HRM software developed and hosted on Oracle. It is a robust and highly customizable product that allows businesses to automate their HRM and payroll processes.
Features of PulseHRM
Pricing: Get the best package and price as per your business requirement.
Wallet HR is a payroll and human resource management solution specifically designed for medium businesses and corporates. It provides comprehensive HR functions; from hiring to retiring/resigning; and covers all the processes in the lifecycle of an employee.
Features of Wallet HR
Pricing: You can opt for the free payroll software demo.
PeopleApex is a cohesive payroll and HR solution, which helps a business manage the complete lifecycle of an employee in an organization. It provides software solutions to businesses in various countries across the globe.
Features of PeopleApex
Pricing: You can opt for the free payroll software demo.
Paywell payroll software is a software that helps in the management of deductions, taxes, allowances, and other components. It is simple to use and easy to configure.
Once Paywell is configured according to the requirements of a company, most of the functions such as attendance and leave management, overtime calculations and other processes pertaining to payroll can be executed with just one click.
Features of Paywell
Pricing: You can opt for the free payroll software demo.
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