RazorpayX Payroll (previously Opfin)

All-in-one HR Software in India

A simple yet powerful HR software that helps you manage employees across their lifecycle from onboarding to exit management with full and final settlement. Manage leave, attendance, reimbursements all from single dashboard.

offer
Get 3 months of Pro Plan for freevalid till 31st October, hurry!
HR and Payroll Software
Generate Offer Letter

Generate Offer Letter

Generate offer letters from pre-defined templates to your employees. Use the in-built offer letter tools to quickly calculate the take home salary and CTC.
Attendance Management

Attendance Management

Enable attendance to allow employees to add your custom holidays. Employees can plan and apply for leaves with their managers’ approval.
Employee Self Service

Employee Self Service

Let your employees apply for leaves and manage their pay and taxes on RazorpayX Payroll. Employees can declare taxes and provide details for insurance.
Employee Directory

Employee Directory

Access your employee payslips, salary and tax declarations, calculations and compliance payments.
Document Management

Document Management

Let your employees upload and store relevant documents for employment, investments and tax exemption.
Reimbursements

Reimbursements

Allow your employees to upload receipts of expenses. Process reimbursements seamlessly along with employee payroll.
5000+ High-Growth Companies Trust RazorpayX Payroll
Join us and find out why

Simple and
transparent pricing

No hidden conditions, clauses

RECOMMENDED PLANPRO PLAN 100Per employee, per month.
FREE PLAN 0 Free forever!
No asterisks, conditions
OTHER PAYROLLS
1500
/month*
Extra charges may apply
Simple and transparent pricing

No hidden condition, clauses

RECOMMENDED
PRO
₹ 100/employee /month
FREE
₹ 0No conditions whatsoever!
OTHER
₹ 1500 /month*
Payroll Processing
HR Management
Money Transfer
Contractor Payments
Automated Compliance
Monthly Payments
Monthly and Quarterly Filings
Form 16 Generation
Tax Document Verification
Letter Generation Module
Insurance EXCLUSIVE
Integrations EXCLUSIVE
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Offer valid till 31st October, hurry!
Get Started
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Wall of love
As it turns out, people love RazorpayX Payroll!
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Frequently Asked Questions

FAQs

What is payroll software?
What is payroll software?

Payroll software automates the processes of salary calculation and disbursal, taking various things into account such as leaves, deductions, bonuses, PF, gratuity, etc. It handles and supports employee compensation with just a few clicks.

It also eliminates the possibility of human error, and the HR professionals get more time to focus on planning, budgeting, recruiting and building employee development and retention strategies

How does payroll software work?
How does payroll software work?

First, employee inputs like PAN, address, and bank account details are gathered. These are then validated and fed into the payroll software. It calculates employee salaries and automatically manages the payments to the employee bank accounts, with very little manual intervention.

It keeps track of the wages defined by the government and days/hours worked, leaves, and statutory taxes such as PF, PT, TDS, & ESIC. RazorpayX Payroll makes it a breeze to manage employee payroll. It has an easy-to-use and intuitive design that allows employers to enter minimal information into the software and calculates the salary automatically.

Additionally, it automatically updates with the changes in tax laws and ensures a business is compliant with them.

How much does payroll software cost?
How much does payroll software cost?

While many payroll systems are present in the market, RazorpayX Payroll is the most suitable for startups as it is extremely cost-effective and easy to use. Its basic plan is free, and the pro plan costs as low as Rs. 100 per employee.

What is the purpose of payroll software?
What is the purpose of payroll software?

Payroll software helps manage the employees' salaries. It automates the entire process from calculation to disbursal and makes it easy to handle.

  • Manage Employees: It helps manage the employees right from onboarding to exit. It helps bifurcate the CTC automatically and sends the offer letter to the employee. All this while considering deductions like leaves, PF, bonus, commission, etc. It also allows serves as an employee self-service portal
  • Leave Management System: The payroll software keeps a record of the available leaves and the leaves availed for all employees, acting as the leave management system.
  • Salary Disbursals: It automatically disburses salaries into employee bank accounts after calculating it and taking care of statutory deductions like PF, ESI, and TDS.

How does payroll software help startup businesses?
How does payroll software help startup businesses?

When a business is starting up, there are a lot of high-priority tasks that need attention. Payroll software saves precious time of the management and the HR teams by automating employee salary calculation and disbursement.

RazorpayX Payroll is also a cost-effective option for startups as it ensures effective management of HR activities at a reasonable cost. It also ensures that the business complies with all the legal and statutory rules.

What are the main features of payroll software?
What are the main features of payroll software?

Payroll software is a great tool that helps small companies easily manage payroll-related tasks.

  • Minimises errors and saves time
  • Generates payslips easily
  • Tracks employee leaves and attendance
  • Quick and easy account integration
  • Offers affordable group health insurance
  • Provides insightful reports
  • Easy to use & customisable

What are the benefits of payroll software?
What are the benefits of payroll software?

One of the most significant benefits of payroll software is that it automates tedious tasks of employee salary calculations and disbursals with just a few clicks. RazorpayX Payroll automates in precisely 3 clicks

Other benefits include time-saving, no errors due to manual work, statutory compliances, employee management from onboarding to exit, attendance tracker, leave management, and employee self-service portal.

What is RazorpayX Payroll?
What is RazorpayX Payroll?

One of the most efficient and reliable payroll software in India for startups and businesses. RazorpayX Payroll software automates the payroll process for you, so you can calculate payroll and disburse salaries quickly. Furthermore, we handle all payments and filings of compliances like TDS, PF, ESI and PT.

How is RazorpayX Payroll different from the other payroll softwares?
How is RazorpayX Payroll different from the other payroll softwares?

Most payroll softwares as payroll processing tools where you need to do most of the work since they give you reports. You then need to go and upload these to your bank to make salary transfers, government portals for compliance payments.
RazorpayX Payroll automates salary transfers to any bank in India. We also take care payments and filings for all compliances like TDS, PF, PT and ESI

What can I do with a RazorpayX Payroll?
What can I do with a RazorpayX Payroll?

RazorpayX Payroll is a one-stop solution for your organization. It has the following modules to ensure all employee operations are done in a single tool

  • Salary Calculations and Transfers
  • Statutory Compliance Payments and Filing
  • Reimbursements request, approval and payment
  • Leave and Attendance System
  • Multiple letter generator tools
  • Group Health Insurance for employees
and much more

How much does RazorpayX Payroll cost?
How much does RazorpayX Payroll cost?

RazorpayX Payroll works on a flat pricing in the Pro Plan which costs you Rs.100/month/employee where we take care of all compliance payments and filings for you. Everything is included for no extra cost. No hidden fees, surprises or corporate trickery.

The Free plan of RazorpayX Payroll is really free with absolutely no limitations. You also get the first month of Pro Plan as a trial. No further conditions applied.

Does RazorpayX Payroll integrate with Slack?
Does RazorpayX Payroll integrate with Slack?

Yes, RazorpayX Payroll does integrate with Slack. With the RazorpayX Payroll Slack app, you can execute common HR & Payroll tasks related to leaves, reimbursements, payslips etc right from inside Slack. You can know more about it here.

What is payroll software?

Payroll software automates the processes of salary calculation and disbursal, taking various things into account such as leaves, deductions, bonuses, PF, gratuity, etc. It handles and supports employee compensation with just a few clicks.

It also eliminates the possibility of human error, and the HR professionals get more time to focus on planning, budgeting, recruiting and building employee development and retention strategies

How does payroll software work?

First, employee inputs like PAN, address, and bank account details are gathered. These are then validated and fed into the payroll software. It calculates employee salaries and automatically manages the payments to the employee bank accounts, with very little manual intervention.

It keeps track of the wages defined by the government and days/hours worked, leaves, and statutory taxes such as PF, PT, TDS, & ESIC. RazorpayX Payroll makes it a breeze to manage employee payroll. It has an easy-to-use and intuitive design that allows employers to enter minimal information into the software and calculates the salary automatically.

Additionally, it automatically updates with the changes in tax laws and ensures a business is compliant with them.

How much does payroll software cost?

While many payroll systems are present in the market, RazorpayX Payroll is the most suitable for startups as it is extremely cost-effective and easy to use. Its basic plan is free, and the pro plan costs as low as Rs. 100 per employee.

What is the purpose of payroll software?

Payroll software helps manage the employees' salaries. It automates the entire process from calculation to disbursal and makes it easy to handle.

  • Manage Employees: It helps manage the employees right from onboarding to exit. It helps bifurcate the CTC automatically and sends the offer letter to the employee. All this while considering deductions like leaves, PF, bonus, commission, etc. It also allows serves as an employee self-service portal
  • Leave Management System: The payroll software keeps a record of the available leaves and the leaves availed for all employees, acting as the leave management system.
  • Salary Disbursals: It automatically disburses salaries into employee bank accounts after calculating it and taking care of statutory deductions like PF, ESI, and TDS.

How does payroll software help startup businesses?

When a business is starting up, there are a lot of high-priority tasks that need attention. Payroll software saves precious time of the management and the HR teams by automating employee salary calculation and disbursement.

RazorpayX Payroll is also a cost-effective option for startups as it ensures effective management of HR activities at a reasonable cost. It also ensures that the business complies with all the legal and statutory rules.

What are the main features of payroll software?

Payroll software is a great tool that helps small companies easily manage payroll-related tasks.

  • Minimises errors and saves time
  • Generates payslips easily
  • Tracks employee leaves and attendance
  • Quick and easy account integration
  • Offers affordable group health insurance
  • Provides insightful reports
  • Easy to use & customisable

What are the benefits of payroll software?

One of the most significant benefits of payroll software is that it automates tedious tasks of employee salary calculations and disbursals with just a few clicks. RazorpayX Payroll automates in precisely 3 clicks

Other benefits include time-saving, no errors due to manual work, statutory compliances, employee management from onboarding to exit, attendance tracker, leave management, and employee self-service portal.

What is RazorpayX Payroll?

One of the most efficient and reliable payroll software in India for startups and businesses. RazorpayX Payroll software automates the payroll process for you, so you can calculate payroll and disburse salaries quickly. Furthermore, we handle all payments and filings of compliances like TDS, PF, ESI and PT.

How is RazorpayX Payroll different from the other payroll softwares?

Most payroll softwares as payroll processing tools where you need to do most of the work since they give you reports. You then need to go and upload these to your bank to make salary transfers, government portals for compliance payments.
RazorpayX Payroll automates salary transfers to any bank in India. We also take care payments and filings for all compliances like TDS, PF, PT and ESI

What can I do with a RazorpayX Payroll?

RazorpayX Payroll is a one-stop solution for your organization. It has the following modules to ensure all employee operations are done in a single tool

  • Salary Calculations and Transfers
  • Statutory Compliance Payments and Filing
  • Reimbursements request, approval and payment
  • Leave and Attendance System
  • Multiple letter generator tools
  • Group Health Insurance for employees
and much more

How much does RazorpayX Payroll cost?

RazorpayX Payroll works on a flat pricing in the Pro Plan which costs you Rs.100/month/employee where we take care of all compliance payments and filings for you. Everything is included for no extra cost. No hidden fees, surprises or corporate trickery.

The Free plan of RazorpayX Payroll is really free with absolutely no limitations. You also get the first month of Pro Plan as a trial. No further conditions applied.

Does RazorpayX Payroll integrate with Slack?

Yes, RazorpayX Payroll does integrate with Slack. With the RazorpayX Payroll Slack app, you can execute common HR & Payroll tasks related to leaves, reimbursements, payslips etc right from inside Slack. You can know more about it here.

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  • Easy Payouts and disbursals
  • Current Accounts
  • User-friendly Dashboards
  • Powerful APIs