Anybody from the payroll department can tell you that there’s more to payroll processing than just paying employees every month. The checklist of things to do never seems to end, and the saying “time is gold” fits like a glove.
Even before a pay run, payroll staffs spend countless hours collecting information from multiple departments. The HR department shares details on employee compensation, new hires, retirements, and terminations. The finance team contributes ad-hoc payments like bonuses. From the leave and attendance management system, you get information on employee attendance and LOP information for accurate payroll calculation. Even employees submit information, like bills for reimbursement claims and tax-saving records. That doesn’t even include keeping up with the numerous tax regulations and payroll laws. It takes a lot of dashing around to get all of this information on time, every month, and if you’re a small business owner trying to do it all alone, it is nothing short of overwhelming.
With Zoho Payroll, we’re trying to simplify payroll one location at a time. We’re already supporting the payroll needs of US businesses in the states of California and Texas, with plans to expand to other states soon. Today, we are happy to introduce to you a complete end-to-end payroll solution custom-built for Indian businesses. It’s a comprehensive system that empowers you to provide a polished, efficient payroll process for your employees.
Take a deeper look at how Zoho Payroll helps businesses in India to transform their hectic month-by-month experience into smooth sailing.
Automated payroll calculation
Zoho Payroll helps you to process payroll quickly and pay your employees on time, every time. Distribute accurate gross-to-net pay-slips including a thorough breakdown of earnings, taxes, allowances, and deductions. Enjoy complete flexibility to pick your payroll routine, apply custom one-time or recurring deductions, share password-protected payslips, and pause pay runs for employees on unpaid leaves.
You can embrace Zoho Payroll at any time of the year. Whether you start with a clean slate at the beginning of the fiscal year or come in mid-year with your previous payroll data, you still get accurate year-to-date calculations.
Letting an employee go might be hard, but once the decision is made, Zoho Payroll makes the process easy. Termination payroll handles your employees’ notice pay, leave encashment, and other exit requirements effortlessly.
Guaranteed statutory compliance and reporting
It’s easy to keep your business on the right footing when it comes to mandatory government contributions using Zoho Payroll. Statutory component deductions including Provident Fund (PF), Labour Welfare Fund (LWF), Professional Tax (PT), Employee State Insurance (ESI), and Tax Deduction at Source (TDS) are all handled for every employee based on their pay scale, mandated percentage, and work location. You also gain complete visibility into your payroll expenses with our comprehensive collection of payroll metrics.
Powerful administration tools for powerful work
Zoho Payroll comes with everything you need to set up payroll that fits your organisation. You can manage multiple work locations, personalize salary components for different pay grades, create allowances that reflect your culture, and define your organization’s FBP, reimbursement guideline, and submission rules for IT declarations and investment proofs. With user roles and permissions, you can empower your staff to collaborate without losing your control. Templates for salary structures and payslips help you get more done in less time. Timely notifications and reminders ensure crucial organizational announcements don’t go unnoticed.
Intuitive employee self-service portal
Delegate routine business tasks back to employees so you and your staff can get your work done. Employees can submit their reimbursement claims, tax-saving IT declarations, and corresponding proofs themselves. Real-time comments eliminate communication delays, helping your staff process employee requests faster. Employees can also view and download password-protected payslips, view up-to-date information including personal details, salary revision history, and loan status if any. They can even access all of these features when they are on the go, with our mobile app.
Pre-integrated with Zoho People and Zoho Books
Zoho Payroll integrates with Zoho People, our online HRMS solution, to manage the people in your payroll seamlessly. Employee directories, time and attendance, and LOP information from multiple work locations can be pulled effortlessly into Zoho Payroll during every pay run so you can calculate pay slips accurately for every employee.
Enjoy automated payroll accounting with Zoho Books, our GST compliant online accounting software. Payroll journals are generated for each pay period’s payroll expenses, including earnings, taxes, deductions and reimbursements. Customers who also use Zoho Books can take advantage of this feature in the US as well. Customisable charts of accounts on your expense and liability accounts keep your accounting books supremely organised.
Online salary payments through direct deposit
Zoho Payroll has joined hands with ICICI Bank so you can seamlessly pay employees online. Readily downloadable bank advice after every successful pay run helps you to send money to your employees’ bank accounts faster.
Payroll solution that’s easy on your pocket
Zoho Payroll comes with a comprehensive collection of features priced affordably at ₹50 per employee per month, billed annually for a minimum of 20 employees. Mobile app for employees are available on iOS and Android platforms for free.
Try first, pay later
Experience what’s on offer with our fully-featured 30-day free trial before upgrading to a paid plan. Use Zoho Payroll to manage payroll like a pro!
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