Paysquare

What is Paysquare?

Paysquare is a leading payroll software company in India that provides end-to-end payroll and HR solutions to businesses of all sizes. Founded in 2000 and headquartered in Pune, India, Paysquare offers services in payroll processing, accounting outsourcing, and temporary staffing. The company helps organizations streamline their operations by managing everything from payroll calculations and tax deductions to finalizing bank files for direct employee salary deposits.

Paysquare's services include payroll management, compliance management, an online employee self-service portal, leave management, and time and attendance tracking. They also offer features such as statutory reporting, tax filing, expense management, and customizable reports. Paysquare is known for its accuracy, consistency, and on-time delivery, processing over 400,000 employee records per month for over 1,000 clients.

With a team of seasoned experts and cutting-edge technology, Paysquare aims to provide unmatched value to HR and finance teams, building strong and dependable long-lasting partnerships. They are SSAE 16 & ISAE 3402 certified with ISO 27001/2013 standards, ensuring data security and compliance.

Why Choose Paysquare Software?

• Expertise and Experience: Paysquare has over 20 years of experience in payroll management, serving over 3,000 clients and processing 500,000+ employee records monthly.
• Customized Solutions: Paysquare offers scalable services tailored for startups, mid-sized businesses, and large enterprises.
• Advanced Technology: The platform uses a custom, homegrown payroll processing engine and a self-service portal, providing automation, accuracy, and real-time access1.
• Compliance and Security: Paysquare ensures compliance with statutory regulations and data security, being certified for ISAE 3402 (SOC 1), Type 2 (KPMG), ISO 27001 (BSI), and GDPR1.
• Comprehensive Payroll Management: Paysquare offers end-to-end payroll processing, from salary computation to disbursement and tax filings1.
• Employee Self-Service Portal: Employees can access salary slips, tax details, and leave records anytime through the self-service portal1.
• Robust Security: The self-service portal is built with security in mind and hosted on AWS1.
• Data Accuracy: Paysquare provides an accurate, simple, and automated system, ensuring data remains accurate and relevant1.
• Long-Term Consistency: 80% of Paysquare's clients have retained their services for more than a decade, showing consistency and reliability1.
• Efficient Resource Use: Paysquare helps businesses save time and resources by managing payroll, allowing them to focus on core operations2.
• Better Compliance: Payroll Management Services ensures better compliance3.
• Multi-faceted benefits administration: Payroll system include daily attendance tracking, leave structure, overtime, reimbursement leaves, etc4.

Benefits of Paysquare Software

• Proactive Financial Error Detection: Paysquare detects potential financial errors to help identify and rectify revenue drainage areas.
• Integration Capabilities: Paysquare can seamlessly integrate with existing enterprise systems for a smooth data flow.
• Customizable Portals and Workflows: Paysquare offers the ability to create custom self-service portals and approval workflows tailored to specific client requirements.
• Access to Best-in-Class Technology without Capital Expenditure: Clients gain access to cutting-edge technology as part of the service without needing to invest directly in it.
• Enhanced Confidentiality: Offsite payroll management ensures strict confidentiality and prevents leaks of sensitive financial data.
• Avoid Penalties: Ensure compliance with all relevant requirements, avoiding penalties for non-compliance.
• Mobile Accessibility: Access data and manage tasks remotely via a smartphone.
• Expertise in Employee Benefits Administration: Quick action-taking capacity, systematic employee tracking, and time-saving calculations for bonuses, deductions, and other benefits.
• Reduced Costs: Clients benefit from optimized costs with specialized teams managing payroll.
• No Technology Investments: Clients leverage Paysquare's technology investments and get the best payroll service.
• No Infrastructure: With payroll being managed offsite, the client does not need to invest in any additional infrastructure.

Pricing of Paysquare

The pricing for Paysquare in India is available upon request at techjockey.com.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.