In 2018, we announced our entry into the universe of business banking with RazorpayX in our flagship event, FTX.

Fast-forward to 4 years later, we’re now a platform offering Neo-banking, Capital, Payouts, Payroll, and Vendor Payments. Our goal at RazorpayX is to take care of all things banking for businesses so that you can focus on growing your startup.

RazorpayX Payroll is one such stellar product of our suite that makes the end-of-the-month payroll calculation and salary disbursements a breeze. It completely automates and takes away major financial and compliance burdens off the founders’ & entrepreneurs’ shoulders in just 3 clicks.

 

It won’t be an exaggeration to say that the 25th of every month is a founder’s nightmare, thanks to employee payroll. No, the problem doesn’t lie in paying the employees but in the process of calculation and disbursals.

Startup founders have to set aside everything – their purpose and vision, transforming into a payroll ninja and Chief OTP manager for the finance team for executing all-things payroll. Major pain points of the task are:

  • Manual Salary Calculations
  • PF, PT, ESIC and other salary compliance burdens such as TDS & Tax filing,
  • Reimbursements processing
  • Employee Health Insurance that offers calculations, flexible benefits, perks
  • Contractual Payments

And the list is endless.

That’s why after talking to thousands of founders and mining deep insights from startups, we came up with a product that is tailor-made for the founders.

RazorpayX Payroll takes over the entire month-end effort of several folks & completely automates it into 3 clicks only. It offers:

  • India’s fastest salary disbursals
  • India’s only TDS, PF, PT, and other compliance built into the product, complete with TDS filing
  • India’s only integrated employee insurance offering
  • Is Slack, Whatsapp, Freshteam and other software integrated

RazorpayX Payroll has helped save over 150,000 Hours on payroll processing which translates to approx 6000+ days or 16 years of combined effort across organisations (in just the past year alone!)

 

And today, we’re proud to announce that we’re launching RazorpayX Payroll’s first-ever campaign featuring founders of India who are actual RazorpayX Payroll customers.

The unique thing about the campaign is that it doesn’t have commercial actors but real founders of India. Instead of going through the route of paid actors, we chose to collaborate with six real founders on this entire campaign to make the story authentic & relatable.

3 clicks, payroll fixed The campaign includes our customer and the Founder and CEO of The Whole Truth Foods, Shashank Mehta, and we were so glad we did it with him. Not only is he after his mission of creating India’s first 100% clean-label food brand, but he was also the director’s delight, delivering the message in a crisp form.

And that’s not all!

Not a single rupee was charged by him for this campaign as he believes in the mission we are on – to focus on scaling his business rather than focussing on payroll troubles. We are very thankful to him to come on board and partner with us for this one.

We are leaving no stone unturned for this one – we have also collaborated with Ankur Warikoo, Founder of Nearbuy.com. ; Ragini Das, Co-Founder Leap.Club ; Awais Ahmed – Founder & CEO of Pixxel ; Sanskriti Dawle, Co-Founder and CEO, Thinkerbell Labs ; Siddharth Maheshwari, Founder, Newton School to send the message far & wide.

We’re tirelessly working towards creating business easy for startup founders. Fixing payroll is just one step and we are confident we can do it for you.

Join us in our journey so that you can create the business that you always dreamed of and leave the banking & financial friction to us.

 

No, I need more convincing

    Liked this article? Subscribe to our weekly newsletter for more.


    Alish Gill
    Author Alish Gill

    Alish is a writer at RazorpayX. Zoophilist. Coffee Addict. And now a FinTech enthusiast. When not writing you'll find her learning French, taking a long walk (or run) with her dog, or Netflixing.

    Write A Comment

    Disclaimer: Banking Services and Razorpay powered Current Account is provided by Scheduled Banks