Opfin does all of the following automatically -
- Automated bifurcation of CTC into basic, HRA, special allowance, etc.
- Salary transfers and contractor payments to any bank in India.
- Reimbursements request, approval and payment.
- Free and unlimited ad-hoc payments to contractors and vendors.
- All TDS, PF, PT and ESI payments calculated and paid automatically with web access to challans.
- Access to employees for self-service, payslips, Form 16 etc.
- Unlimited documents storage for employees (offer letter, professional degrees, etc).
You can sign up here.
This gives you access to all the features of Opfin and you can run your payroll for the first 3 months absolutely free of cost.
You can start with a fully functional trial with no commitment to purchase. Just sign up, and you will get access to all the features of Opfin immediately. Heck, you can even run your first 3 payrolls absolutely free of cost and we’ll treat you just the same as a paying customer. Yes, we are quite confident that you will continue using it.
Opfin essentially needs the following data -
- List of employee email addresses.
- Their current annual CTC.
- Their taxable income which has already been paid for the current financial year, and the TDS amount that has been deducted.
Adding employee email addresses is a simple copy-paste into a textbox. We automatically invite your employees to sign-in and fill in their own details like bank account information, PAN etc. You just need to set their CTCs, and (optionally) the above mentioned past payroll data. That's all, Opfin can now run your payroll!
If you have a lot of employees and don't want to do this manually, then you can get in touch and send us a spreadsheet with all these details, and we will set up your company for you. This is provided free of cost.
As part of your company setup, we will ask you what date of the month you would like to run your payroll on. As that date approaches, we will send you reminder emails to finalize your payroll and transfer us the total amount that is required to settle your payroll.
At any point, you can log into Opfin to check or alter the details of the upcoming payroll. You can add bonuses or deductions for any employee, and Opfin will automatically adjust their pay accordingly. We will also show you pay-slip previews so you know exactly how the salaries are structured. When you're happy, you can finalize the payroll with the click of a button.
On the date of your payroll, Opfin will check if the payroll is finalized and if your account has enough money to run it. If so, execution will begin and all your employees will get their pay directly in their bank accounts. We also send pay-slips by email, and updates on SMS to the employees. Any liabilities like TDS, PF, PT etc will also be paid by us. Bottomline, we'll take care of everything!
An employee is a person with a fixed monthly salary, who will automatically be included in every month's payroll. Opfin optimizes the salary structure to minimize tax, and automatically deducts and files the required TDS (tax deducted at source). Provident fund, professional taxes etc. are applicable only to employees.
A contractor, on the other hand, is not on the permanent rolls of the company and can be paid in an ad-hoc manner through the one-time payment feature of Opfin. TDS is handled automatically for contractors.
Opfin does all of the following automatically -
- Automated bifurcation of CTC into basic, HRA, special allowance, etc.
- Salary transfers and contractor payments to any bank in India.
- Reimbursements request, approval and payment.
- Free and unlimited ad-hoc payments to contractors and vendors.
- All TDS, PF, PT and ESI payments calculated and paid automatically with web access to challans.
- Access to employees for self-service, payslips, Form 16 etc.
- Unlimited documents storage for employees (offer letter, professional degrees, etc).
You can sign up here.
This gives you access to all the features of Opfin and you can run your payroll for the first 3 months absolutely free of cost.
You can start with a fully functional trial with no commitment to purchase. Just sign up, and you will get access to all the features of Opfin immediately. Heck, you can even run your first 3 payrolls absolutely free of cost and we’ll treat you just the same as a paying customer. Yes, we are quite confident that you will continue using it.
Opfin essentially needs the following data -
- List of employee email addresses.
- Their current annual CTC.
- Their taxable income which has already been paid for the current financial year, and the TDS amount that has been deducted.
Adding employee email addresses is a simple copy-paste into a textbox. We automatically invite your employees to sign-in and fill in their own details like bank account information, PAN etc. You just need to set their CTCs, and (optionally) the above mentioned past payroll data. That's all, Opfin can now run your payroll!
If you have a lot of employees and don't want to do this manually, then you can get in touch and send us a spreadsheet with all these details, and we will set up your company for you. This is provided free of cost.
As part of your company setup, we will ask you what date of the month you would like to run your payroll on. As that date approaches, we will send you reminder emails to finalize your payroll and transfer us the total amount that is required to settle your payroll.
At any point, you can log into Opfin to check or alter the details of the upcoming payroll. You can add bonuses or deductions for any employee, and Opfin will automatically adjust their pay accordingly. We will also show you pay-slip previews so you know exactly how the salaries are structured. When you're happy, you can finalize the payroll with the click of a button.
On the date of your payroll, Opfin will check if the payroll is finalized and if your account has enough money to run it. If so, execution will begin and all your employees will get their pay directly in their bank accounts. We also send pay-slips by email, and updates on SMS to the employees. Any liabilities like TDS, PF, PT etc will also be paid by us. Bottomline, we'll take care of everything!
An employee is a person with a fixed monthly salary, who will automatically be included in every month's payroll. Opfin optimizes the salary structure to minimize tax, and automatically deducts and files the required TDS (tax deducted at source). Provident fund, professional taxes etc. are applicable only to employees.
A contractor, on the other hand, is not on the permanent rolls of the company and can be paid in an ad-hoc manner through the one-time payment feature of Opfin. TDS is handled automatically for contractors.
