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RazorpayX Payroll

Brand : Razorpay Software Pvt. Ltd.

Starting at ₹ 2999

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RazorpayX Payroll Processing Software is an automated solution designed to simplify payroll for businesses of all sizes. ...Read more

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RazorpayX Payroll Software Pricing, Features & Reviews

What is RazorpayX?

RazorpayX is a financial platform designed for businesses. It helps manage payments, invoices, and payouts seamlessly. With RazorpayX, businesses can automate their payment processes, saving time and effort. It offers features like bulk transfers, vendor payouts, and reconciliation tools.

Businesses can also create virtual accounts to segregate funds and track transactions efficiently. RazorpayX provides insights through analytics, helping businesses make informed decisions. It integrates with various banking systems, making it convenient for businesses to manage finances.

Why Choose RazorpayX Software?

  • Simplifies Payment Processes: It streamlines business payment operations, making transactions, invoices, and payouts easy to manage.
  • Seamless Integration: It integrates seamlessly with banking systems, ensuring smooth financial transactions and reconciliations.
  • Advanced Analytics: It provides insightful analytics, helping businesses make informed decisions based on financial data.
  • Time and Effort Saving: By automating payment processes and providing efficient tools, RazorpayX saves businesses time and effort.
  • Convenient Management: It offers features like bulk transfers, vendor payouts, and virtual accounts, facilitating convenient financial management.
  • Enhanced Control: With this, businesses have better control over their finances, allowing them to track transactions and segregate funds efficiently.
  • Scalability: The software is scalable, catering to the needs of businesses of all sizes as they grow and expand.
  • Reliable Support: It also offers reliable customer support to assist businesses with issues or queries, ensuring a smooth user experience.

Benefits of RazorpayX Platform

  • Enhanced Security: The software prioritizes the security of financial transactions, offering robust encryption and fraud detection measures.
  • Customizable Solutions: Businesses can tailor it to meet their needs, whether creating custom workflows or integrating with existing systems.
  • Cost-Efficiency: By automating payment processes and reducing manual intervention, RazorpayX helps businesses save on operational costs.
  • Improved Cash Flow Management: Features like real-time tracking and reconciliation tools enable businesses to better manage their cash flow and liquidity.
  • Enhanced Customer Experience: The seamless payment experience provided by RazorpayX contributes to improved customer satisfaction and retention.
  • Compliance Assurance: It ensures compliance with regulatory standards and financial regulations, mitigating risks associated with non-compliance.
  • Scalable Infrastructure: As businesses grow, they can easily scale to accommodate increased transaction volumes and complexities.
  • Access to Additional Services: Beyond payment management, it may offer additional services such as lending or insurance solutions, providing further value to businesses.

Advanced Features Offered by RazorpayX Payroll Processing Solution

Apart from streamlining payroll processing-related tasks, RazorpayX offers a plethora of advanced features that make it a preferred choice for most users:

  • Automated Payroll: RazorpayX automates the payroll process, ensuring accurate salary computation, timely disbursement, and reduced manual errors.
  • Compliance Management: Built-in compliance tools for TDS, PF, and ESI help businesses comply with statutory regulations.
  • Employee Benefits Integration: Offers seamless insurance, loans, and reimbursement integration.
  • Salary Disbursement via Connected Bank Accounts: Direct salary payments through RazorpayX-powered accounts.
  • Expense Management: Manage employee expenses with seamless reimbursements.

Pricing of RazorpayX Payroll Software

RazorpayX price in India starts from INR 2999 at techjockey.com.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

RazorpayX Payroll Pricing & Plans

Prime
  • Basic Payroll
  • Advanced Payroll -Limited
  • Other Payments
  • Compliance Calculation, Payments & Filings
  • Time & Attendance
  • Employee Delight
    • Monthly
Starting at ₹ 2999
Elite
  • Basic Payroll
  • Advanced Payroll
  • Integrations
  • Other Payments
  • Compliance Calculation, Payments & Filings
  • Time & Attendance
  • Employee Delight
    • Monthly
Starting at ₹ 5999

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RazorpayX Payroll Features

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Automated Statutory Compliance

Facilitates adherence to industry regulations and compliance standards, meeting legal and regulatory requirements.

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HR Management

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Payslips & Reimbursements

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Reporting & Analytics

Offers robust reporting and analytics, empowering businesses with financial insights for informed decision-making.

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Custom User Roles

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Automated Arrears & Salary Revision

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Time and Attendance

Tracks employee time and attendance, streamlining payroll processing and ensuring accurate compensation for hours worked.

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Payroll Processing

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Tax Filings & Payments

RazorpayX Payroll Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Integration:
  • Training:
  • Language:
  • Ubuntu Windows MacOS Linux
  • DesktopMobileTabletiPad
  • Web-Based
  • All Industries
  • All Businesses
  • Small Business, Medium Business, Enterprises
  • Email, Communities
  • API Integration
  • Videos
  • English

RazorpayX Payroll Reviews

76%

Have recommended this product

Overall Score

3.7/5
Based on 9 Reviews

Review this product

Your valuable feedback helps others like you make a better decision.

NK

Nishant Kumar

Verified reviewer:linkedin_verify

Manager, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jun 19, 2024

3.7/5

“RazorpayX for Simplified Vendor Payments”

With RazorpayX, we’ve streamlined vendor payments and significantly reduced manual intervention. The scheduling feature ensures payments are made on time, while the reports keep us well-informed about our financial outflows. While the desktop version is quite comprehensive, the mobile app could use some additional features to make it more versatile.

Pros :

Cons :

Switched from : PayCare

Reason to switch : To automate vendor payments and minimize the chances of manual errors in the process.

Features

4/5

Value for Money

4/5

Customer Support

3.5/5

Ease of Use

3.5/5

Likely to Recommend

8/10
SY

Sandeep Yadav

Verified reviewer:linkedin_verify

Manager, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Sep 5, 2024

3.7/5

“RazorpayX’s Payroll Automation at Its Best”

RazorpayX has been instrumental in automating our payroll management, giving us confidence that salaries will be disbursed without delays. Employees can access their own payslips, cutting down on repetitive queries to HR. However, the platform occasionally lags, particularly during high activity periods, and could use more customization options.

Pros :

Cons :

Features

4/5

Value for Money

3.5/5

Customer Support

3.5/5

Ease of Use

4/5

Likely to Recommend

8/10
VA

Vipin Agarwal

Verified reviewer:linkedin_verify

Manager, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jun 19, 2024

3.6/5

“RazorpayX for Efficient Payouts”

RazorpayX has allowed us to automate payments to multiple vendors, making our payout process quicker and more reliable. The reporting features help keep our records accurate, though it takes a bit of time to fully explore the platform’s capabilities. Overall, it’s made managing payouts easier for our team.

Pros :

Cons :

Switched from : Pagaar

Reason to switch : We wanted to reduce the time spent processing payments and improve the accuracy of our financial records.

Features

4/5

Value for Money

3.5/5

Customer Support

3.5/5

Ease of Use

3.5/5

Likely to Recommend

7/10

Razorpay Software Pvt. Ltd. Company Details

Brand Name Razorpay Software Pvt. Ltd.
Information Razorpay is India’s first full-stack financial solutions company. We are on a mission to enhance the payment experience of over 300 million end consumers. And in doing so, we aim to enable Indian businesses - big and small - accept payments digitally with minimal effort and maximum ease.
Founded Year 2013
Director/Founders Harshil Mathur / Shashank Kumar
Company Size 1000+ Employees
Other Products Razorpay, Razorpay POS, RazorpayX Source to Pay, RazorpayX Business Banking

RazorpayX Payroll FAQ

A RazorpayX Software is compatible with Ubuntu, Windows, Linux and MacOS.
A RazorpayX Software is not available for Android and iOS app users.
A It supports web-based deployment.
A RazorpayX price in India starts from INR2999 at techjockey.com.
A RazorpayX Software is typically used by all industries to streamline financial operations and manage various aspects of payment processes within businesses.
A Yes, a demo of RazorpayX is available at techjockey.com.
A RazorpayX Software is not available for free. You can contact our product experts to learn more about pricing plans.
A RazorpayX Software does not offer a free trial.
A RazorpayX Software installation is not required, as it is web-based. Just open the Setup Wizard to get started.
A RazorpayX software automates financial transactions by integrating with banking systems, facilitating seamless payments, invoicing, and reconciliation processes for businesses. It provides real-time insights and analytics to optimize financial management efficiently.

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