Affordable HR and Payroll Software for Small Enterprises in India

Managing HR and payroll efficiently is crucial for the success of small enterprises in India. The right software can streamline processes, ensure compliance, and free up valuable time. This guide explores the best HR and payroll software options tailored for small businesses in India, highlighting key features, pricing, and suitability.

Top HR and Payroll Software Options for Small Enterprises

  1. GreytHR
    • Overview: One of the most popular HR and payroll software solutions in India, GreytHR is known for its comprehensive features tailored for small and medium-sized enterprises (SMEs).
    • Key Features: Payroll processing, leave and attendance management, statutory compliance, employee self-service portal.
    • Pricing: Starts at ₹995 per month for up to 25 employees.
    • Best For: SMEs looking for a user-friendly, scalable solution.
  2. Keka HR
    • Overview: Keka HR combines HR and payroll functions with employee experience management, making it a robust option for growing businesses.
    • Key Features: Payroll automation, performance management, HR analytics, employee engagement tools.
    • Pricing: Starts at ₹5,000 per month for up to 100 employees.
    • Best For: Businesses focused on enhancing employee engagement alongside payroll management.
  3. Zoho People
    • Overview: Part of the Zoho suite, Zoho People offers a flexible HR platform with robust payroll functionalities.
    • Key Features: Payroll management, time tracking, onboarding, HR analytics, compliance management.
    • Pricing: Starts at ₹50 per employee per month.
    • Best For: Small businesses already using Zoho’s ecosystem of tools.
  4. Qandle
    • Overview: Qandle is a modern HR and payroll software that offers extensive customization options, making it ideal for small businesses with specific needs.
    • Key Features: Payroll management, expense management, performance tracking, leave management.
    • Pricing: Starts at ₹49 per employee per month.
    • Best For: Businesses needing customizable HR and payroll solutions.
  5. RazorpayX Payroll
    • Overview: RazorpayX Payroll simplifies payroll management with a focus on automation and compliance, ideal for small tech-savvy businesses.
    • Key Features: Automated payroll processing, statutory compliance, employee benefits, expense management.
    • Pricing: Starts at ₹100 per employee per month.
    • Best For: Startups and tech-focused small businesses.
  6. SumHR
    • Overview: SumHR offers a cloud-based HR and payroll solution designed for small businesses looking to digitize their HR operations.
    • Key Features: Payroll processing, attendance management, performance reviews, compliance management.
    • Pricing: Starts at ₹49 per employee per month.
    • Best For: Small enterprises looking for an affordable, cloud-based solution.
  7. HRMantra
    • Overview: HRMantra is a feature-rich HR and payroll software that offers end-to-end automation for HR processes.
    • Key Features: Payroll processing, employee lifecycle management, performance tracking, compliance management.
    • Pricing: Starts at ₹1,000 per employee per year.
    • Best For: Businesses seeking a comprehensive HR management tool.
  8. Zimyo
    • Overview: Zimyo is designed to offer simple, yet powerful HR and payroll management tools for small businesses.
    • Key Features: Payroll processing, leave management, HR analytics, employee engagement features.
    • Pricing: Starts at ₹75 per employee per month.
    • Best For: Small businesses that prioritize employee experience.
  9. Pocket HRMS
    • Overview: Pocket HRMS is a mobile-friendly HR and payroll software with an emphasis on ease of use and affordability.
    • Key Features: Payroll automation, employee self-service, mobile app, statutory compliance.
    • Pricing: Starts at ₹60 per employee per month.
    • Best For: Small businesses needing a mobile-first HR solution.
  10. Sumopayroll
    • Overview: Sumopayroll offers a cloud-based payroll management solution with essential HR features, perfect for small enterprises.
    • Key Features: Payroll processing, compliance management, employee self-service, attendance tracking.
    • Pricing: Free for up to 10 employees; paid plans start at ₹49 per employee per month.
    • Best For: Very small businesses or startups.

Frequently Asked Questions (Q&A)

Q: What should I consider when choosing HR and payroll software for my small business?
A: Consider factors like ease of use, cost, scalability, compliance features, and integration capabilities with other tools you use. It’s also important to choose software that can grow with your business.

Q: How can HR and payroll software benefit my small enterprise?
A: HR and payroll software can save time, reduce errors, ensure compliance, and provide valuable insights into your workforce. It also enhances employee satisfaction by providing self-service options and timely salary disbursement.

Q: Are these HR and payroll software solutions secure?
A: Yes, most reputable HR and payroll software providers in India prioritize data security, offering features like data encryption, role-based access, and compliance with data protection regulations.

Comparison Chart: HR and Payroll Software Features

SoftwarePayroll AutomationCompliance ManagementEmployee Self-ServiceCustomization OptionsStarting Price (INR)
GreytHRYesYesYesLimited995/month
Keka HRYesYesYesExtensive5,000/month
Zoho PeopleYesYesYesModerate50/employee/month
QandleYesYesYesExtensive49/employee/month
RazorpayX PayrollYesYesYesModerate100/employee/month
SumHRYesYesYesLimited49/employee/month
HRMantraYesYesYesModerate1,000/employee/year
ZimyoYesYesYesModerate75/employee/month
Pocket HRMSYesYesYesLimited60/employee/month
SumopayrollYesYesYesLimited49/employee/month

Cities in India with High Demand for HR and Payroll Software

  1. Bangalore: Tech hub with numerous small to medium enterprises.
  2. Mumbai: Financial capital with a high concentration of businesses.
  3. Delhi NCR: Home to many startups and established companies.
  4. Hyderabad: Growing tech and IT sector.
  5. Chennai: Strong manufacturing and IT industries.
  6. Pune: Known for its educational institutions and growing IT sector.
  7. Ahmedabad: Rapidly growing business environment.
  8. Kolkata: Emerging market for tech and small businesses.
  9. Jaipur: Increasing demand due to startup growth.
  10. Coimbatore: Known for its industrial and manufacturing businesses.

Conclusion

Selecting the right HR and payroll software is crucial for small enterprises in India to streamline their operations, ensure compliance, and focus on growth. With numerous options available, small businesses can find software that fits their needs and budget, while also providing scalability as they expand.

Sources

  1. https://www.greythr.com
  2. https://www.keka.com
  3. https://www.zoho.com/people
1GreytHR: Reliable and Scalable
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GreytHR is a widely used HR and payroll software in India, known for its reliability and scalability. This software offers a range of HR management tools, including attendance tracking, leave management, payroll processing, and statutory compliance. GreytHR is particularly favored by small and medium-sized enterprises (SMEs) due to its affordability and ease of use. The software ensures that businesses stay compliant with Indian labor laws, providing automated updates and notifications related to statutory requirements such as PF, ESI, and TDS. GreytHR also offers an employee self-service portal, allowing employees to access payslips, apply for leave, and track attendance, which significantly reduces the administrative burden on HR teams. The platform supports integration with various third-party applications, making it a flexible solution that can adapt to different business needs. GreytHR’s strong focus on payroll accuracy and compliance, combined with its scalability, makes it a go-to HR solution for many businesses across India.

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2Darwinbox: Innovative and Cloud-Based
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Darwinbox is a cloud-based HR software solution that has rapidly become one of the most preferred choices among Indian enterprises. Known for its innovative approach, Darwinbox offers an all-in-one platform that covers every aspect of HR management, from recruitment and onboarding to performance management, employee engagement, and payroll. The software leverages AI and machine learning to provide intelligent insights and recommendations, helping HR teams to make more informed decisions. Darwinbox’s mobile-first design ensures that all HR functions are accessible via mobile devices, making it a great fit for modern, agile workplaces. The platform also offers seamless integration with other enterprise systems, such as ERP and CRM, providing a holistic view of business operations. Darwinbox’s flexibility, combined with its powerful analytics and user-friendly interface, makes it an excellent choice for large enterprises and fast-growing startups in India. The company’s commitment to continuous innovation and customer support has solidified its position as a leading HR software provider in the Indian market.

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3Zoho People: Comprehensive and Customizable
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Zoho People is one of the most popular HR software solutions in India, known for its comprehensive and customizable features that cater to businesses of all sizes. Part of the larger Zoho suite of business applications, Zoho People offers a wide range of HR functionalities, including employee onboarding, leave management, attendance tracking, performance appraisals, and time tracking. The software is cloud-based, ensuring accessibility from anywhere and on any device, which is particularly beneficial for remote teams. Zoho People also integrates seamlessly with other Zoho apps, such as Zoho Payroll and Zoho Recruit, providing a unified platform for managing all HR processes. The user-friendly interface and customizable workflows make it easy for HR teams to adapt the software to their specific needs. Moreover, Zoho People offers a mobile app, allowing employees and managers to manage HR tasks on the go. With its scalability, extensive features, and affordability, Zoho People is a top choice for businesses across India.

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4Keka HR: Employee-Centric and User-Friendly
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Keka HR is an Indian HR software solution that has gained significant popularity due to its employee-centric approach and user-friendly design. Keka HR offers a complete suite of HR functionalities, including payroll processing, leave and attendance management, performance evaluation, and recruitment management. One of the standout features of Keka HR is its focus on employee engagement, with tools designed to enhance communication, feedback, and recognition within the organization. The software also offers robust analytics and reporting capabilities, helping HR teams to make data-driven decisions. Keka HR’s mobile app ensures that both employees and managers can access and manage HR-related tasks anytime, anywhere. The platform’s seamless integration with popular accounting software and other business applications adds to its appeal. Keka HR is particularly well-suited for mid-sized businesses in India, offering a balance of powerful features, ease of use, and competitive pricing.

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