Compare Wave Payroll VS PayTime

Best Use for

Business Size:

Individual
2-50 Employees
51-250 Employees
250-500 Employees
500-1000 Employees
More than 1000+ Employees

Individual
2-50 Employees
51-250 Employees
250-500 Employees
500-1000 Employees
More than 1000+ Employees

Business Type:

Small Business
Startups
Medium Business
Enterprise
SMBs
SMEs
MSMBs
MSMEs
Freelancers

Small Business
Startups
Medium Business
Enterprise
SMBs
SMEs
MSMBs
MSMEs
Freelancers

Industries:

All Industries

All Industries

Features

Payroll Management

Automated Payroll
Direct Bank Transfers
Off-Cycle Payroll Processing
Multiple Pay Rates and Schedules
Bonus and Incentive Management
Overtime Management
Variable Pay & Commission Management
Expense Reimbursements
Tax Deductions
Employee Benefits Management
Gratuity Calculation

Automated Payroll
Direct Bank Transfers
Off-Cycle Payroll Processing
Multiple Pay Rates and Schedules
Bonus and Incentive Management
Overtime Management
Variable Pay & Commission Management
Expense Reimbursements
Tax Deductions
Employee Benefits Management
Gratuity Calculation

Compliance Management

Income Tax (TDS) Management
Provident Fund (PF) Compliance
Professional Tax (PT) Compliance
Labour Welfare Fund (LWF) Management
Employee State Insurance (ESI) Compliance

Income Tax (TDS) Management
Provident Fund (PF) Compliance
Professional Tax (PT) Compliance
Labour Welfare Fund (LWF) Management
Employee State Insurance (ESI) Compliance

Time, Attendance & Leave Management

Leave & Absence Management
Sick Leave and Vacation Tracking
Attendance Tracking
Leave Policy Customization
Holiday & Leave Calendar

Leave & Absence Management
Sick Leave and Vacation Tracking
Attendance Tracking
Leave Policy Customization
Holiday & Leave Calendar

Employee Self-Service (ESS)

Income Tax Planner
Payslip Access
Expense Claims

Income Tax Planner
Payslip Access
Expense Claims

Employee Lifecycle Management

Employee Database
Employee Shift Scheduling
Document Management
F&F Settlement

Employee Database
Employee Shift Scheduling
Document Management
F&F Settlement

Banking Integration & Payment Processing

Bank Transfer Files
Cheque Processing
Direct Deposit Scheduling
Multi-Bank Support

Bank Transfer Files
Cheque Processing
Direct Deposit Scheduling
Multi-Bank Support

Automation and Customization

Scheduled Payroll Processing
Custom Payroll Rules and Policies
Configurable Workflows & Approvals
Alerts & Notifications
API Access

Scheduled Payroll Processing
Custom Payroll Rules and Policies
Configurable Workflows & Approvals
Alerts & Notifications
API Access

Security and Data Privacy

User Access Management
Two-Factor Authentication (2FA)
Data Backup and Recovery
Encrypted Data Transmission
Audit Logs and Monitoring

User Access Management
Two-Factor Authentication (2FA)
Data Backup and Recovery
Encrypted Data Transmission
Audit Logs and Monitoring

Integrations

Accounting Software
HRMS
Performance Management
Payment Gateway
API Integration
Third Party Integration
Biometric Integration

Accounting Software
HRMS
Performance Management
Payment Gateway
API Integration
Third Party Integration
Biometric Integration

Reporting and Analytics

Payroll Reports
Compliance Reports
Leave and Attendance Reports
Employee Master Report

Payroll Reports
Compliance Reports
Leave and Attendance Reports
Employee Master Report

Gallery

All Videos & Images

See all (3)

Specifications

Deployment

Web based
On Premises

Web based
On Premises

Device Supported

Desktop
Mobile
iPad
Tablet

Desktop
Mobile
iPad
Tablet

Supported Platforms

Windows
Mac OS
Android
iOS
Linux
Ubuntu

Windows
Mac OS
Android
iOS
Linux
Ubuntu

Languages support

English

English

Alternatives

Top Alternative Products

PagarBook

Zoho Payroll

RazorpayX Payroll

Papaya Global

See all Wave Payroll alternatives

PagarBook

Zoho Payroll

RazorpayX Payroll

Papaya Global

See all PayTime alternatives

Wave Payroll vs PayTime Comparison FAQs

Software questions,
answered

While Wave Payroll offers customized features, PayTime has diverse modules. Select between Wave Payroll or PayTime as per your business needs.

Both these products offer similar features but with a different approach. While Wave Payroll emphasizes on user experiences, PayTime focuses on functionalities.

It all depends on the functionalities that you prefer. While Wave Payroll offers add-ons along with essential features, PayTime emphasizes on customization.

No, the difference between Wave Payroll and PayTime lies in terms of features and functionalities. While Wave Payroll can be customized as per the user’s needs, PayTime addresses the diverse audience.

It depends upon your business requirement. Both Wave Payroll and PayTime provides standard features to cater diverse industry needs.

The difference lies in terms of the user interface and functionalities. While Wave Payroll is customizable, Wave Payroll offers comprehensive modules.

A Quick Comparison Between Wave Payroll vs PayTime

Choosing any software for your organisation is a crucial decision. As a decision maker, you must ensure that the software you choose addresses the pain points of your teams and reaps maximum benefit for you.

Comparison of Wave Payroll vs PayTime In terms of Features
Comparison Between Wave Payroll and PayTime In terms of Deployment Type
Wave Payroll or PayTime: Which Is Ideal for Your Industry
Which Is Better? - Wave Payroll or PayTime

Comparison of Wave Payroll vs PayTime In terms of Features

Wave Payroll includes features like Overtime Management, Labour Welfare Fund (LWF) Management, Leave & Absence Management and Sick Leave and Vacation Tracking. PayTime is known for functionalities like Expenses Management, Leave & Absence Management, Attendance Tracking and Leave Policy Customization. When you compare Wave Payroll vs PayTime, look for scalability, customization, ease of use, customer support and other key factors. The one which suits your business needs is the best.

Comparison Between Wave Payroll and PayTime In terms of Deployment Type

While Wave Payroll supports Web Based deployment; PayTime is suitable for Web Based deployment. While selecting between Wave Payroll and PayTime, figure out which one of the two is compatible with your devices. This will help in reducing the hassle after implementation.

Wave Payroll or PayTime: Which Is Ideal for Your Industry

Wave Payroll is ideal for industries like All Industries. For All Industries, PayTime is a better choice. If you are confused between Wave Payroll or PayTime, you can also check if the software has customizable modules for your industry. Industry-specific functionalities will ensure higher efficiency and ROI. However, do check for the hidden price, is any.

Which Is Better? - Wave Payroll or PayTime

Wave Payroll and PayTime can be used for different purposes and are well-suited for teams with specific needs. If you are looking for a platform that is easy to use, has low barriers to entry, and offers a lot of customization, flexibility, and integration options, then you must compare their specifications in detail at the time of demo. Compare Wave Payroll and PayTime during demo to decide which one is best for your business.

Author: Techjockey Team

Wave Payroll VS PayTime

We provide the best software solution for your business needs

Wave Payroll vs PayTime Comparison FAQs

Is Wave Payroll better than PayTime?

Are Wave Payroll and PayTime same?

Which is better Wave Payroll or PayTime?

Is Wave Payroll the same as PayTime?

Can Wave Payroll replace PayTime?

What is the difference between Wave Payroll and PayTime?

A Quick Comparison Between Wave Payroll vs PayTime

Comparison of Wave Payroll vs PayTime In terms of Features

Comparison Between Wave Payroll and PayTime In terms of Deployment Type

Wave Payroll or PayTime: Which Is Ideal for Your Industry

Which Is Better? - Wave Payroll or PayTime

Wave Payroll VS PayTime

We provide the best software solution for your business needs

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Wave Payroll vs PayTime Comparison FAQs

Is Wave Payroll better than PayTime?

Are Wave Payroll and PayTime same?

Which is better Wave Payroll or PayTime?

Is Wave Payroll the same as PayTime?

Can Wave Payroll replace PayTime?

What is the difference between Wave Payroll and PayTime?

A Quick Comparison Between Wave Payroll vs PayTime

Comparison of Wave Payroll vs PayTime In terms of Features

Comparison Between Wave Payroll and PayTime In terms of Deployment Type

Wave Payroll or PayTime: Which Is Ideal for Your Industry

Which Is Better? - Wave Payroll or PayTime

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