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HivePayroll

Brand: HivePayroll

  • 4.9

  • 5 Ratings & 4 Reviews

HivePayroll is a cloud based HR and payroll software with advanced accounting, process designing and ERP functions. It provides both standard and add-on features for payroll management. The software is designed majorly for small and medium businesses in India and is fully customizable for handling complex payroll processing. Along with TDS and payroll management, HivePayroll software also support...

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Starting Price
₹1,499 excl.GST
₹ 1,769 incl. GST

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Starting at ₹1,499
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HivePayroll Software Overview

What is HivePayroll?

HivePayroll is a cloud based HR and payroll software with advanced accounting, process designing and ERP functions. It provides both standard and add-on features for payroll management. The software is designed majorly for small and medium businesses in India and is fully customizable for handling complex payroll processing.

Along with TDS and payroll management, HivePayroll software also supports time and attendance management, expense management, employee loans & advances management reporting and analytics.

Key Features of HivePayroll Software

  • Dashboard for hassle-free management and reporting
  • Hierarchy level and functional level pay slip components
  • Mass upload of the list of employees
  • Payroll approvals, processing, and generation of pay slips
  • TDS management
  • Bank file generation to manage employee payment.
  • Employee Self Service (ESS) portal for attendance and leave management
  • Statutory, management and employee reports
  • Maintenance and allocation of Branches / Locations for business
  • Maintenance and allocation of Departments for business
  • Maintenance and allocation of Designations for employees

What are the Key Modules of HivePayroll?

  • Process payroll
  • Employee and workforce management
  • Leave and attendance management
  • Statutory compliances
  • Employee advance and loan management
  • Expenses management
  • Reporting & Analytics

Why Choose HivePayroll?

HivePayroll is a cost effective and value for money for small and medium sized businesses.

  • Payroll processing anytime, anywhere: HivePayroll can help manage payroll functions with the use of the latest technology for approvals and rejections directly from any device, anytime, anywhere. It also supports automatic reporting
  • Complete confidence: Secured servers and encrypted database offers payroll snapshot for accessing the data from cloud. Our team of payroll and accounting experts work hard round the clock to ensure that the employee payroll management system is always up to date.
  • Customizable add-ons: This payroll management system provides custom solutions and add-ons for meeting all business requirements.
  • Work on the go: HivePayroll works while you are on the go and provides access to biometric and other reports round the clock.
  • Internal audits & compliance procedures: This payroll management software supports compliance procedures and internal audits to meet your organization’s internal audit requirements.

HivePayroll: How it Works?

  • Managed cloud: HivePayroll runs and manages the application and database servers efficiently.
  • On-premises/Self-service cloud: It provides payroll application updates and error rectification support on a regular basis.
  • Hybrid cloud: Application and client server helps manage the database server run by HivePayroll.

HivePayroll - Standard Payroll Management Features

  • Dashboard looks after the reporting and management requirements
  • Hive payslip components available at both functional and hierarchy level
  • Mass uploading of employees’ lists & maintenance of individual employees
  • Running payroll services to generate payslips, approvals & payroll processing
  • TDS (Tax deduction at source) management
  • Bank file generation to pay your employees their employees
  • ESS (employee self-service) portal for employees
  • Statutory, employee and management reports
  • Maintenance & allocation of locations/branches to meet statutory requirements
  • Maintenance & allocation of departments for all types of businesses
  • Powerful budgeting and management reporting
  • Allocation of designations to employees
  • Modules to control authorization and access at the designation level

HivePayroll - Add-on Features of Payroll Management

  • Web check-In (check-in/check-out) for remote and in office work
  • Cost and time management show the start & finish time for making payroll adjustments for overtime and short days
  • Timesheet management and integration with ESSL (bio-metric)
  • Expense, loans & advances management
  • Powerful reporting & analytics with scheduled and manual auto emailed reports

What are the Benefits of Using HivePayroll?

  • It is a cloud-based payroll software, so you can access it from any device, anytime, anywhere.
  • Data is saved on secured AWS encrypted servers, so no need to worry about privacy issues.
  • It is a value for money with user centric approach
  • User friendly payroll software with interactive dashboards and features
  • Adheres to all statutory compliances for processing of payroll.

What is the Price of HivePayroll?

HivePayroll price in India starts at ₹ 1,499/month. HivePayroll comes with multiple pricing plans and caters to the diverse customer base:

HivePayroll Price ranges (monthly):

  • Standard: ₹ 1,499 / Month (Up to 25 employees)
  • Premium: ₹ 2,499 / Month (Up to 25 employees)
  • Ultimate: ₹ 3,999 / Month (Up to 25 employees)

 Price may vary based on factors like customization, additional features required, number of users, and the deployment type. For subscription-related details and offers on premium packages, please request a call back from our product experts.

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HivePayroll Company Details

Founded Year:  2014

HivePayroll provides web-based custom solution for payroll services and can be used by both manager and employee from office or at work on go from anywhere.

Director/Founders Chetan Sharma & Mayank Sharma
Company Size 1-100 Employees

HivePayroll Pricing & Plans

Standard-(Up to 25 employees)

Calculated Price

1499 Exclusive of all taxes
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • INR 35/month (every additional employee)

  • Payroll

  • Payroll Processing

  • Leave Management

  • Overtime

  • Compensation Off Leave

  • Salary Increment

  • Employee Information

Premium-(Up to 25 employees)

Calculated Price

2499 Exclusive of all taxes
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • INR 55/month (every additional employee)

  • Payroll

  • Payroll Processing

  • Leave Management

  • Overtime

  • Compensation Off Leave

  • Salary Increment

  • Employee Information

Ultimate-(Up to 25 employees)

Calculated Price

3999 Exclusive of all taxes
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • INR 95/month (every additional employee)

  • Payroll

  • Payroll Processing

  • Leave Management

  • Overtime

  • Compensation Off Leave

  • Salary Increment

  • Employee Information

HivePayroll Features

Payroll Management

  • icon_check Overtime Management
    Tracks and calculates employee overtime hours.
  • icon_check Automated Payroll
    Streamlined payroll calculations for timely processing.
  • icon_check Off-Cycle Payroll Processing
    Process unscheduled payrolls for bonuses or adjustments.
  • icon_check Expense Reimbursements
    Automates employee expense reimbursement processing.
  • icon_check Tax Deductions
    Calculates pre-tax and post-tax deductions for compliance.
  • icon_check Employee Benefits Management
    Administers employee health, retirement, and other benefits.
  • icon_check Direct Bank Transfers
    Automated salary deposits directly to bank accounts.
  • icon_check Multiple Pay Rates and Schedules
    Supports varied pay rates and custom pay cycles.
  • icon_check Bonus and Incentive Management
    Configures and manages employee bonuses and incentives.
  • icon_check Variable Pay & Commission Management
    Manages variable pay and commissions accurately.
  • icon_check Gratuity Calculation
    Calculates gratuity as per Indian statutory requirements.

Compliance Management

  • icon_check Income Tax (TDS) Management
    Automates TDS calculations and deductions.
  • icon_check Labour Welfare Fund (LWF) Management
    Manages LWF deductions for eligible employees.
  • icon_check Provident Fund (PF) Compliance
    Ensures timely PF contributions and reporting.
  • icon_check Professional Tax (PT) Compliance
    Manages PT deductions per state regulations.
  • icon_check Employee State Insurance (ESI) Compliance
    Tracks and manages ESI contributions.

Time, Attendance & Leave Management

  • icon_check Leave & Absence Management
    Tracks leave balances and employee absences.
  • icon_check Attendance Tracking
    Monitors employee attendance for accurate payroll.
  • icon_check Holiday & Leave Calendar
    Manages holiday schedules and leave tracking.
  • icon_check Sick Leave and Vacation Tracking
    Manages sick and vacation leave with accruals.
  • icon_check Leave Policy Customization
    Customizable leave policies to suit company rules.

Employee Self-Service (ESS)

  • icon_check Income Tax Planner
    Allows employees to plan and declare tax exemptions.
  • icon_check Payslip Access
    Provides digital payslips for employee download.
  • icon_check Expense Claims
    Employees submit and track expense reimbursements.

Employee Lifecycle Management

  • icon_check Employee Database
    Centralized repository for all employee information.
  • icon_check Document Management
    Stores important employee documents securely.
  • icon_check F&F Settlement
    Automates final settlements upon employee exit.
  • icon_check Employee Shift Scheduling
    Schedules shifts for diverse work hour needs.

Banking Integration & Payment Processing

  • icon_check Bank Transfer Files
    Generates files for seamless bank transfers.
  • icon_check Cheque Processing
    Supports cheque payments for payroll processing.
  • icon_check Direct Deposit Scheduling
    Schedules direct salary deposits on paydays.
  • icon_check Multi-Bank Support
    Integrates with multiple banks for payroll.

Automation and Customization

  • icon_check Scheduled Payroll Processing
    Automates scheduled payroll cycles.
  • icon_check Custom Payroll Rules and Policies
    Customizable payroll rules for flexibility.
  • icon_check Configurable Workflows & Approvals
    Set workflows for approvals in payroll.
  • icon_check Alerts & Notifications
    Sends automated notifications for payroll events.
  • icon_check API Access
    Provides API for integrations with other systems.

Security and Data Privacy

  • icon_check User Access Management
    Manages access permissions to secure payroll data.
  • icon_check Two-Factor Authentication (2FA)
    Enhances security with 2FA for logins.
  • icon_check Data Backup and Recovery
    Ensures secure data backup and easy recovery.
  • icon_check Encrypted Data Transmission
    Protects payroll data during transfers.
  • icon_check Audit Logs and Monitoring
    Tracks and logs activities for audit compliance.

Integrations

  • icon_check Performance Management
    Connects with PMS for performance-linked pay.
  • icon_check Biometric Integration
    Links with biometric systems for attendance.
  • icon_check HRMS
    Syncs with HRMS for unified employee data.
  • icon_check Accounting Software
    Integrates with accounting systems for seamless data.
  • icon_check Payment Gateway
    Integrates with gateways for payment processing.
  • icon_check API Integration
    Connects to external systems for data exchange.
  • icon_check Third Party Integration
    Integrates with third-party software solutions.

Reporting and Analytics

  • icon_check Payroll Reports
    Detailed reports on payroll processing and expenses.
  • icon_check Compliance Reports
    Provides reports on statutory compliance.
  • icon_check Leave and Attendance Reports
    Tracks leave and attendance records.
  • icon_check Employee Master Report
    Comprehensive report on employee details.
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HivePayroll Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows iOS iOS Android Android MacOS MacOS Linux Linux
Devices
Desktop Desktop Mobile Mobile Tablet Tablet iPad iPad
Deployment
Cloud-Based Cloud-Based Perpetual Perpetual
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises
Customer Support
Email Communities
Language
English
Training Resources
Videos

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HivePayroll Reviews

4.9

Out of 5

img

Overall Rating

Based on
4 Verified Reviews

Rating Breakdown

  • Features 5
  • Value for Money 5
  • Ease of Use 5
  • Customer Support 4.8

100% Recommend this Product

Add Review

Rakesh

Human Resources

Industry: Accounting User since: 1-2 years

5

Reviewed on: Mar 29, 2023

Techjockey Verified

“Payroll with advance features and integration”

Pros

It is integrated with legacy ERP system and HRMS reporting is very easy with HivePayroll

Cons

NO CONS

Switched from Keka HRMS

Reason to switch

Previous software was expensive and complicated to use. Also, the integration with legacy ERP system had many issues and complicacies.

Sam

Human Resources

Industry: Import and Export User since: 6-12 months

5

Reviewed on: Mar 29, 2023

Techjockey Verified

“Easy to use and detailed reporting available”

Pros

User-friendly and easy to use. Reporting is flexible and covers maximum areas for management reporting. Highly recommended.

Cons

None

Switched from greytHR

Reason to switch

The existing software was complex to use and was not value for money we were paying

Deepika Midha

Human Resources

Industry: Education User since: 2+ years

5

Reviewed on: Mar 29, 2023

Techjockey Verified

“Its User Friendly and very much easy to use”

Pros

Now I do have not to worry about compliance. HivePayroll automatically generates all reports for compliance like PF, PT, ESIC and 24Q and reminds me to file the Challans.

Cons

Nothing so far

Reason to switch

I can manage employee attendance and document at one place

See All HivePayroll Reviews

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Which operating system does HivePayroll support?

HivePayroll is compatible with all operating systems.

Is there any HivePayroll app?

HivePayroll is designed to access from mobile, tablet and computer devices. Therefore, an app is not required for the application.

What is the deployment type of HivePayroll?

HivePayroll provides cloud-based and on premises deployment. The on-premises is a web-based deployment.

How much does HivePayroll cost?

HivePayroll pricing starts at INR 1,499 / Month at techjockey.com.

Who are the potential users of HivePayroll?

HivePayroll is typically used in all types of businesses.

Is there any free trial or demo for HivePayroll?

HivePayroll demo is available for free with techjockey.com.

Is HivePayroll free?

HivePayroll offers a free trial. However, the premium plan with advanced features starts at INR 1,499 / Month at techjockey.

How can you download HivePayroll?

HivePayroll installation is not required, as it is web-based. Just open the Setup Wizard to get started.

How does HivePayroll work?

HivePayroll helps with payroll management. It is a complete solution or handling of TDS, statutory compliances, attendance, expense management, loan management and more.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.