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Category: Payroll Software

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Tally Server

Tally UAE is a brand by Chaturvedi software house started in 2006 which have a group of organizations throughout GCC. We are giving all Tally software solutions, Tally customization with best tally software price through online and to end customers. Tally UAE providing the Tally…

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AdvaPay Systems

Advapay Systems is a trusted payroll and human resources provider, offering user-friendly services. We provide your establishment with state-of-the-art systems that are highly intuitive to best manage your accounting, payroll, and human resources. Advapay Systems is a local, veteran-owned small business that is committed to…

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Eddy

Eddy is full-featured online payroll software designed specifically for expanding companies. Guaranteed on-time employee payments, quarterly and annual tax returns, end-of-year W-2 creation, filing, distribution, new-hire reporting, and an employee portal are just a few of the available features. Customer email and phone assistance are…

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Starting form USD 49 $/ Per Month
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Remote

It makes it possible for businesses of all sizes to pay and manage full-time and contract employees worldwide. Users may manage worldwide payroll, benefits, taxes, stock options, and compliance from anywhere in the world using Remote. Remote allows you and your team to easily enrol…

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Starting form 349 $ / Per Month
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Knit People

Knit People payroll software will saves hours of work and administrative expenditures for your startup, mid-sized business, or even accounting firm’s HR departments. Some features are available with employee self-on boarding, direct payments, online pay stubs, vital statutory records, tax assistance, health-related transfers, automation, reporting,…

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Starting from 39$ / Per Month
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Humi

Humi is not only Canada’s leading software for HR, payroll processing, employee benefits, and insurance, but it’s also proudly developed in Canada for Canadian businesses. Employee management, time off and vacation monitoring, onboarding, performance management, payroll information, recruiting, a training tracker, asset tracker, and a…

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Papaya Global

Papaya Global is a cloud-based payroll that allows employers to hire, onboard, manage, and pay employees and contractors in over 140 countries from a single platform. Using this software, you can have the solutions for automating payroll and payments, learning about your total payroll expenditures,…

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Starting form $ 20/ Per Month
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SwiftHR

SwiftHR was developed in the year 2016, however, the founders have been working in the IT industry since 2007. SwiftHR has been built to satisfy your organization need for daily HR operation, Payroll and Attendance related task. It uses a central database where all the…

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Starting from $3,000
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Swift HR

SwiftHR is a comprehensive human capital management solution for GCC markets. Its modular structure allows maximum flexibility and customization and you can implement only the functionality required by your organization. SwiftHR streamlines human resource management by capturing data at the point of entry, applying your…

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PeopleHum

peopleHum is a cloud-based human capital management (HCM) solution that helps businesses manage employee engagement, applicant tracking, onboarding and more. The Artificial Intelligence (AI)-enabled platform allows recruiters to parse resumes, analyze hiring funnel, schedule interviews, manage referrals, and configure workflows. peopleHum offers a variety of…

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Buyer Guide: Payroll Software

Payroll management of a company is important, as employees are the bricks and stones of an organization. Manual processing of payroll is time-consuming and exhaustive, especially in large organizations. Payroll defines how much an employee makes a month, the benefits offered by the company, deductions with respect to medical insurances, PF, Loss of pay, etc. and wage garnishment. Some organizations recruit freelancers and contractors for specific projects to be done. Payroll software plays an important role here. Payroll processing can happen in timely increments. Some organizations credit employees’ banks directly or give out checks manually. This can be taken care of by Payroll software. There are some exclusive options where employees can be paid through re-loadable payroll cards that work like an ATM card.

Target Audience

  • Large organizations with more than 100 employees can set up an in-house payroll system.
  • Small organizations can use this software to only generate payroll while other HR and admin processes can be handled manually by an employee.
  • Very small organizations can outsource their payroll processing to a third-party, to keep record of how much revenue is generated and how much is being given out.

Why Payroll Software?

Payroll software, similar to accounting software, overlap accounting features in many aspects. While payroll software is all about payroll processing, tax payments, employee benefits and bonuses, revenue details and more, accounting software only has payroll management as an additional feature. Tracking benefits and time and attendance management are also included as dedicated payroll solutions.

Payroll Software Types

Basic payroll features are included in all software, but a payroll software that fits all-sized businesses is unavailable. If your business expands from a small to large-sized enterprise, then purchasing a payroll software that suits the size of your company matters. When shifting from one payroll scheme to another, checking if the payroll software you purchase can integrate with existing software is crucial. The types of Payroll software are:

  1. Small Business Payroll Software (50 employees or less)
  2. Medium-sized Business Payroll Software (100 employees)
  3. Large Enterprise Payroll Software (More than 100 employees in different locations and different countries)

What to Look for in Payroll Software before Buying

Many types of payroll software solutions are out in the market and buying the right software that suits your business needs is important. The key factors to take note of, before buying are:

  • Pricing – Comparing prices from different vendors by looking at the features that are required for your company is important. Cloud-based software is cheaper than an on-premise software. The features included in the package offered should be carefully analyzed, as some software tools may contain a lot more features for a cheap price than other software tools that don’t.
  • Flexibility – Changing from a small sized organization to a large sized one may require software flexibility, to scale up or down depending on requirements.
  • Integration – If you have an existing software, the new payroll software must be able to integrate with the software already used for your business, to avoid unnecessary data overlapping.
  • Training and Support – Some software offer technical training support to help customers use their product wisely. If there are any technical issues faced, the support team must be readily available to cater to your needs.