#razorpayx

[ishani-shah]

Current Account: Manage Your Business Finances with Ease

Efficiently manage your business finances with a current account. Enjoy features like unlimited transactions, easy fund transfers, and comprehensive banking solutions tailored for businesses of all sizes

[startuphrsoftware]

Top hr software in India to boost your business in 2024

Running a business comes with its challenges, especially when it comes to managing human resources (HR). Tasks like hiring, onboarding, performance management, and payroll processing can become quite complex. To tackle these challenges effectively, many companies turn to HR software. This software helps streamline operations and improve efficiency.

Whether you want to simplify recruitment or automate payroll, HR solutions can help. They eliminate manual paperwork and offer a modern, seamless HR experience.

But with numerous options available, choosing the right HR Software for your business can be overwhelming. Don’t fret! We’ve researched and compiled a list of the Top HR software in India.

Benefits of HR Software

As your business grows, managing HR operations can become hectic and time-consuming. Implementing an HR software solution can help streamline these processes and boost efficiency. Here are some key benefits:

Centralized Data Storage: HR software stores all employee data in one central location, making it easy to access and update as needed.

Automated Processes: Automate tasks like payroll, onboarding, and performance management, saving time and eliminating mundane tasks.

Real-Time Analytics: Gain insights with real-time analytics, allowing you to track key HR metrics and make data-driven decisions.

Improved Compliance: Ensure compliance with labor laws and regulations through automated record-keeping and report generation.

Customizable Dashboards: Create personalized dashboards to track goals and get a quick overview of important information in one place

Must-Have Features of HR Software for Indian Businesses

HR software is essential for streamlining processes, enhancing employee engagement, and boosting productivity. In India, where HR compliance and regulations can be complex due to its diversity, the following features are crucial to ensure compliance with local laws:

Attendance and Leave Management

Track employee attendance and leave balances

Ensure strict compliance with labor laws

Payroll Management

Handle payroll processing, tax calculations, statutory deductions, reimbursements, and salary revisions

Compliance Management

Stay updated with India’s labor laws like PF (Provident Fund), ESI (Employee State Insurance), TDS (Tax Deduction at Source), PT, and other regulations

Performance Management

Track employee performance, set goals, provide feedback, and conduct effective performance reviews

Employee Self-Service

Allow employees to manage tasks such as leave requests, attendance, and payroll information, reducing the HR department’s workload

Mobile Accessibility

Enable employees to access their information and perform HR tasks on mobile devices

Top 10 HR software in India to 

List of top best Hrms Software:

KEKAHR

GreytHR

247HRM

Zoho Payroll

Qandle

Spine HR Suite

Pocket HRMS

uKnowva HRMS

Razorpayx Payroll

Wallet HR

In this article, we showcase the best HR software in India. Each software comes with distinct features designed for different business requirements. These top HR platforms not only handle administrative tasks but also serve as strategic tools. They can empower your team, enhance employee satisfaction, and fuel business growth. We trust this guide will assist you in discovering the ideal HR solution to maximize your human resources and achieve success.

[spinvestmentfund]

Razorpay - Digital Banking for India's Small Businesses and Startups

Razorpay, a leading company in Indian financial technology, delivers omnichannel payment processing solutions. A seamless link between merchants and consumers, Razorpay enables secure, reliable online transactions on devices such as cell phones.

An example is a small grocery store in a remote region of mountainous Kashmir. With only a simple point-of-sale device, the business uses Razorpay to seamlessly process transactions, ensure capital flow, replenish inventory, and pay expenses. Though in a different industry and region of India, a textile trading company in the bustling city of Kanyakumari can handle transactions in US dollars and other currencies while avoiding excessive fees.

An essential aspect of Razorpay’s business model is value-added offerings such as RazorpayX and Razorpay Capital. RazorpayX amplifies current banking arrangements. The next-generation platform simplifies transactions in accounts with leading banks and automates time-consuming and repetitive financial tasks. Razorpay Capital delivers cash flow and liquidity solutions through instant access to settlements and business loans.

[newzgraphics]

Siddharth Mehta of IL&FS shares the usage of fintech in India

Fintech (financial technology) usage in India has been rapidly growing in recent years, driven by the government's push for digitization, the rise of smartphone usage, and increasing financial inclusion.

Siddharth Mehta IL&FS former director shares some of the key areas where fintech has been making an impact in India are:

Digital Payments: With the government's push for a cashless economy and the rise of mobile payments, digital payments have become a major area of fintech in India. Some of the popular digital payment platforms in India include Paytm, PhonePe, Google Pay, and WhatsApp Pay.

Online Lending: Fintech companies are using technology to simplify the lending process and make credit more accessible to individuals and small businesses. Some of the popular online lending platforms in India include Lendingkart, Capital Float, and KredX.

Insurance: Fintech companies are also leveraging technology to make insurance more accessible and affordable. Some of the popular insurance fintechs in India include PolicyBazaar, Turtlemint, and Acko.

Wealth Management: Fintech companies are also using technology to provide individuals with easy access to wealth management tools and services. Some of the popular wealth management fintechs in India include Groww, Scripbox, and Paytm Money.

Digital Banking: Fintech companies are also challenging traditional banks by offering innovative digital banking solutions. Some of the popular digital banking fintechs in India include NiYo, Open, and RazorpayX.

As per Siddharth Mehta IL&FS, former director fintech usage in India is expected to continue growing in the coming years, driven by factors such as increasing smartphone penetration, rising disposable incomes, and the government's continued push for digitization.

[rutujapatil07]

Which company in India provides the best payroll Management software?

There are several good payroll software options available in India, each with its unique features and benefits. The best payroll software for your business will depend on your specific needs and budget. Here are a few popular options:

1. Keka HRMS: 

Keka is a comprehensive HR and payroll software that offers a range of features, including payroll processing, tax filings, HR management, and time tracking. It also provides benefits administration and compliance management tools. Keka is a good option for medium-sized businesses.

2. 247HRM: 

247HRM is a cloud-based payroll and HR software that offers a range of features, including payroll processing, Attendance Management System, HR management, and time tracking. It also provides employee self-service and mobile access.

3. HR One

HR One is a cloud-based HR and payroll software that provides a range of features, including payroll processing, Recruitment Management, Leave Management, and employee self-service. It also offers mobile access and compliance management tools.

4. UBS App: 

UBS App is a payroll software that offers a range of features, including Payroll Processing, Clock In/Clock Outs, Compliance Management, Salary Slip Generation, etc. It is designed specifically for small and medium-sized businesses and offers an easy-to-use interface.

5. Opportune HR: 

Opportune HR is a cloud-based HR and payroll software that provides a range of features, including Fast, On Time and Accurate Payroll, Full and Final Settlement, HR management, and employee self-service. It also offers mobile access and compliance management tools.

6. GreytHR: 

GreytHR is a cloud-based payroll software that provides a range of features, including Payroll Processing, Statutory Compliance, and Compliance Management. It also offers employee self-service and mobile access. GreytHR is a good option for small and medium-sized businesses.

7. Darwin Box: 

Darwin Box is a cloud-based HR and payroll software that offers a range of features, including Payroll Processing, Onboarding Core, HR management, MIS & Analytics, Time Tracking, etc. It also provides benefits administration and compliance management tools.

8. RazorpayX

RazorpayX is a payroll software that offers a range of features, including One-click Payments, Intelligent Reporting, Compliance Management, etc. It is designed specifically for small and medium-sized businesses and offers an easy-to-use interface.

9. Pagarbook: 

Pagarbook is a payroll and employee management software that offers a range of features, including Attendance Tracking, Payroll Processing, and Employee self-service. It also provides HR management tools and mobile access.

10. SalaryBook: 

SalaryBook is a cloud-based payroll software that offers a range of features, including Payroll Processing, tax calculations, Compliance Management, Intelligent Reporting, etc. It also provides employee self-service and mobile access.

When choosing payroll software, consider your specific business needs and budget. It's also a good idea to read reviews and compare different options to find the best fit for your needs.

[gbwhtspro]

RazorpayX launches forex service for founders, to empower 1,000 startups

RazorpayX, the business banking platform of fintech company Razorpay, on Monday announced its foray into a new product line called ‘Forex Service for Startups’. With an annualised run rate of Rs 350 crore under this forex service to date, the company expects it to scale up by 3-4 times in the next financial year. Currently, forex transfers in India towards startup funding are riddled with…

[lazypenguinearthquake]

WhatsApp, RazorpayX Partner for Seamless Cashback Transactions via UPI

WhatsApp, RazorpayX Partner for Seamless Cashback Transactions via UPI

Payments on Whatsapp launched a cashback campaign for users across the country. RazorpayX, the neo-banking arm of Razorpay, has been onboarded as the technology partner of Payments on WhatsApp to enable a smooth cashback experience via UPI for its users across the country. Users using UPI to make payments on WhatsApp receive cashback and as part of the partnership, RazorpayX, the payment platform…

[ishani-shah]

Current Account: Manage Your Business Finances with Ease

Efficiently manage your business finances with a current account. Enjoy features like unlimited transactions, easy fund transfers, and comprehensive banking solutions tailored for businesses of all sizes

[taajx]

WhatsApp, RazorpayX Partner for Seamless Cashback Transactions via UPI

WhatsApp, RazorpayX Partner for Seamless Cashback Transactions via UPI

Payments on Whatsapp launched a cashback campaign for users across the country. RazorpayX, the neo-banking arm of Razorpay, has been onboarded as the technology partner of Payments on WhatsApp to enable a smooth cashback experience via UPI for its users across the country. Users using UPI to make payments on WhatsApp receive cashback and as part of the partnership, RazorpayX, the payment platform…

[manusrikumar]

𝙒𝙚'𝙫𝙚 𝙬𝙤𝙧𝙠𝙚𝙙 𝙬𝙞𝙩𝙝 𝙖𝙡𝙢𝙤𝙨𝙩 𝙚𝙫𝙚𝙧𝙮 𝙨𝙞𝙣𝙜𝙡𝙚 𝙐𝙣𝙞𝙘𝙤𝙧𝙣 𝙛𝙧𝙤𝙢 𝘽𝙖𝙣𝙜𝙖𝙡𝙤𝙧𝙚 𝙖𝙩 𝙡𝙚𝙖𝙨𝙩 𝙤𝙣𝙘𝙚, 𝙞𝙛 𝙣𝙤𝙩 𝙢𝙖𝙣𝙮 𝙩𝙞𝙢𝙚𝙨. And it has been a plan for us - more because we enjoy working with faced paced businesses than traditional ones. What better day than today to share an explainer video we did for RazorpayX! With their recent funding announcement, they're a $7.5B behemoth! Congrats team Razorpay! Rekha Noel Shiva Ebin Soorej

[rutujapatil07]

Which is the best attendance tracking system for employees 

An Employee Attendance Management System is a software application or platform that enables employers to track and manage the attendance of their employees. This system monitors employee work hours, absences, tardiness, and other relevant data related to employee attendance.

Employee Attendance Management Systems often use various methods to track attendance, such as biometric scanners, time clocks, swipe cards, or other automated systems. These systems may also include features for managing employee schedules, leave requests, and overtime.

Why is Employee Attendance Important?

Employee attendance is important for several reasons. It helps employers ensure that the workplace is adequately staffed for tasks and projects, allows them to keep track of hours worked for payroll accuracy, and provides that employees are punctual and reliable. Additionally, good employee attendance can help set a positive example for other employees and help promote a productive and positive workplace culture. Finally, employee attendance can help employers monitor and manage performance and identify areas where employees may need additional training or support.

What are the benefits of using Attendance Management Software for HR?

1. Improved accuracy: Attendance management software helps to eliminate manual errors and provides an accurate record of employee attendance.  

2. Efficiency: Automating attendance recording and tracking processes can help to save time and resources.

3. Increased visibility: HR professionals can monitor employee attendance in real time, which helps to identify and address any issues quickly.  

4. Reduced payroll costs: By tracking attendance accurately, HR professionals can ensure that employees are only paid for their work hours.  

5. Improved compliance: Attendance management software helps to ensure that HR policies and procedures are being followed and adhered to.  

6. Increased employee engagement: By providing employees with a convenient and easy way to track their attendance, HR professionals can help to motivate and engage them.

There are several HR software solutions available in the market to track employee attendance. Here are some of the best options:

KekaHR

TeamNest

247HRM

Zoho

HROne

GreytHR

Razorpayx Payroll

Wallet HR

Darwin Box

PocketHRMS

[anthrfrmt]

Designing Bunch Payout of RazorpayX https://ift.tt/3pnrxeX

[ishani-shah]

Razorpay Payroll: Simplifying Payroll Management for Businesses

Discover how Razorpay Payroll revolutionizes payroll management for businesses. Streamline salary payments, compliance, and employee data management with ease.