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10+ Best Payroll Software for Banking Businesses 2022

Payroll Software for Banking Industry is an all-inclusive tool designed to manage employee payroll, taxation, and time management.

Alternatives

Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
Saral PayPack 4.9 H S Nagendra Custom 2000 $6 M 34+ Karnataka 1795+ Reviews N/A
Akrivia HCM 4.8 Rahul Kalidindi Custom 2016 $62 M 318+ Visakhapatnam 1823+ Reviews N/A
HRMantra 4.5 Pankaj Bhargav Custom 1996 $18.3 M 501+ 1996 1598+ Reviews N/A
GreytHR Payroll Software for Banking 4.4 Girish Rowjee Free 1994 $5.15 M 309+ Bangalore 1873+ Reviews 500+
Qandle Payroll Software for Banking 4.6 Chayan Mukhopadhyay $33.43 2016 $1 M 8+ Gurgaon 1825+ Reviews 200000+
HROne 4.4 Karan Jain Custom 2013 $14.1 M 70+ Noida 1928+ Reviews N/A
Zimyo 4.6 Kumar Mayank $1 2018 $5.8 M 80+ Gurugram 1852+ Reviews 100000+
RazorpayX Payroll 4.7 Harshil Mathur Custom 2014 $145.2 M 1706+ Bangalore 1895+ Reviews N/A
Wallet HR 4.9 Swetha Raman Custom Chennai $1 M 50+ Chennai 1654+ Reviews 400+
Pocket HRMS 4.3 Jitendra Somani $33.37 2013 $1.49 M 10+ Mumbai 1987+ Reviews N/A

Saral PayPack

4.9 User Rating
Custom Price
Full & Final Settlement, Report on Audit Trail, Arrears Management Features
Overview
Saral PayPack offers a complete payroll processing and payroll management solution, covering all the requirements of your organization, from attendance tracking to payslip generation. It also includes statutory compliance. Saral automates payroll activities making it easy and helping businesses save a lot of time. The platform can be customized to tailor your needs.

Akrivia HCM

4.8 User Rating
Custom Price
Seamless payroll, Rewards & Recognition, Leave Management Features
Overview
Arkivia HCM is a one-stop HR and Payroll Software helping businesses be productive and have a cost-efficient HR management system. It helps to easily keep track of employees and seamlessly integrates payroll with other its products like Time and Attendance, Expense Management, On-Boarding/Off-Boarding, and more. With Arkivia, enterprises can manage payroll processes holistically.

HRMantra

4.5 User Rating
Custom Price
EMI Calculations, Pay Slip Report, Deduction Adjustments Features
Overview
HRMantra payroll software can handle the most complex payroll out there, backed by its very powerful formulae and parameters to calculate salaries, taxes, loans, and bonuses. It has a whopping 250 features and is considered one of the most advanced platforms in the world for HR payroll needs and can be on-premise or cloud.

GreytHR Payroll Software for Banking

4.4 User Rating
Free Price
Automate reimbursements, Compute accurate salaries automatically, Generate payroll reports Features
Overview
greytHR, a flagship product of Greytip software, offers payroll and other HR needs. It is a perfect solution for businesses with its extensive features and is considered one of the best Payroll Management Software. With greytHR, you can forget about the hassle of managing excel sheets. It also offers Connected Banking, which is the future of payroll!

Qandle Payroll Software for Banking

4.6 User Rating
$33.43 Price
Visual Analytics, Asset Management, Field Force Tracking Features
Overview
Do you need a payroll software for your banking industry? Qandle is the best software that can help you get it done! Qandle saves a lot of time for the HR department and accounting departments by personally monitoring each payroll detail. It removes the chance of calculating errors and important data being misplaced in the incorrect file. Do you want to know more? Here on Best ALternatives, you can find out more about Quadle and how it can be the perfect payroll software for you!

HROne

4.4 User Rating
Custom Price
Auto CTC breakups, Data access visibility, Payroll Outsourcing Features
Overview
Do you need payroll software to help you manage or automate payments in the banking industry? HROne is the perfect Payroll software, with all of the features you require to complete the job! HROne is the best payroll management software for any business, whether it has 20 employees or 20,000. HROne provides an end-to-end HR automation solution for small, medium, and large businesses, with the needs and requirements of HR professionals in India in mind. Do you want to learn more? Here on best Alternatives, you can discover more about HROne and its Payroll software features!

Zimyo

4.6 User Rating
$1 Price
Salary transfers instantly, Customizable Workflows, Minimal Tax & Compliance Features
Overview
Do you require payroll software to assist you in managing or automating payments for the banking industry? Zimyo is the ideal Payroll software, complete with all of the features you need to get the job done! Zimyo's payroll software automates and simplifies your payroll processes. It was created for small businesses to larger corporations and allows you to run the entire payroll process in just three simple steps. Zimyo has everything you need to get it done, whether it's tax and compliance updates, accurate expense management, or excellent customer support. Do you want to know more? Here on Best Alternatives, you can find everything you need to know about Zimyo and its key features!

RazorpayX Payroll

4.7 User Rating
Custom Price
Generate financial reports, Bulk Payouts, Tracking and Analytics Features
Overview
Are you in need of a payroll software to help you out with managing or automating payments for the banking industry? RazorpayX is the best Payroll software equipped with the full set of features ready to get the job done! RazorpayX Payroll software automates the payroll process, allowing you to quickly calculate payroll and distribute salaries. Furthermore, the software handles all payments and compliance filings such as TDS, PF, ESI, and PT. Do you want to learn more? Find out everything there is to know about RazorpayX and its payroll software key features only here on Best Alternatives!

Wallet HR

4.9 User Rating
Custom Price
HR Analytics, Dynamic interface, Integrated HRMS solution Features
Overview
Are you looking for software to help you manage and maintain payments in the banking industry? Wallet HR offers the best Payroll software with features to help you! Wallet HR is a comprehensive HR solution that assists a company in effectively managing employee data from talent acquisition to retirement. Wallet HR is available as an on-premise and on-cloud platform at very reasonable prices, with clients able to select from a variety of HR modules based on their specific needs. Do you want to know more? Find out everything there is to know about Wallet HR and its Payroll software only here on Best Alternatives!

Pocket HRMS

4.3 User Rating
$33.37 Price
Accurate tax computation, Performance Management, Attendance Management Features
Overview
Are you looking for software that will assist you in maintaining and managing payments in the banking industry? Pocket HRMS provides the best Payroll software with features that can assist you! Pocket HRMS meets the diverse needs of the banking, financial services, and insurance industries. It can be even further customized to meet any specific needs. The human resource management system makes the HR team's job easier by streamlining HR functions. This makes the procedures flow faster, saving time on tedious processes while also improving the efficiency of the functions. Do you want to know more? Find out everything there is to know about Pocket HRMS and its features here on Best Alternatives!