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Gallery TankhaPay app: Automated Payrolling And PF/ESI Compliance For Startups
Gallery TankhaPay app: Payrolling and PF/ESI Made Easy For MSMEs
Gallery TankhaPay app: Hassle-Free Payrolling And PF/ESI Compliances For Your Business
Gallery TankhaPay Overview
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TankhaPay software is designed to help businesses manage payroll, attendance, and social security benefits for all workers. ...Read more

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TankhaPay Software Pricing, Features & Reviews

What is TankhaPay?

TankhaPay is a cloud-based workforce management solution that simplifies and integrates payroll, attendance tracking, work reports, compliance management, and social security benefits. Developed by AKAL, a renowned technology company with over 20 years of experience, TankhaPay empowers businesses of all sizes to manage their workforce efficiently.

It includes various features including salary structuring, attendance and leave management, geo-fencing, check-in and check-out, work reports, employee self-service app, KYC verification, dedicated support, salary slips, etc. The payroll software also streamlines work reports, statutory compliance, and talent acquisition.

The software can help employers provide PF and ESI to their workers without registering for these schemes as well. It also enables them to provide these benefits to temporary, gig, household, and informal workers by formalizing their wages.

It formalizes the wages of temporary, gig, household, and informal workers. The platform facilitates the management of government social security benefits such as PF and ESI for workers, even without the need for separate registration.

Why Choose TankhaPay Software?

  • The workforce management software ensures compliance and security by verifying the identity of workers through Know Your Customer (KYC) processes.
  • It automatically sends salary advice to the employer on the chosen date.
  • The platform provides workers with detailed pay breakdowns, including social security and taxes.
  • The payroll software simplifies leave management by offering customizable leave templates to employers, who can define leave options for employees.
  • A dedicated support team is there to provide 24/7 technical assistance to address any issues or queries promptly.
  • Ensure accurate payrolls, without any errors.
  • Employees have their own app, where they can mark attendance, with geolocation and selfies, check all ESI/PF-related information, and download pay slips.

Benefits of TankhaPay

  • Allows employees to access advanced attendance features including, geolocation, geofencing, check-in check out, and bulk attendance.
  • It allows employers to create accurate salary calculations that include social security contributions.
  • The platform streamlines the process of adding new employees to the payroll system.
  • Employees can view their earnings and past payouts within the platform.
  • It simplifies a range of statutory compliances through its platform.
  • TankhaPay's app and portal provide real-time updates, ensuring that managers and employees are always on the same page.

TankhaPay Pricing

TankhaPay pricing starts from Rs 60/employee/month billed annually at techjockey.com.

TankhaPay price in India may vary based on factors like customization, additional features required, the number of users, and the deployment type. Please request a call back for subscription-related details and to avail offers on premium packages.

TankhaPay Pricing & Plans

Basic (Rs. 60/month/employee billed annually)
  • Employee onboarding
  • Bulk Attendance
  • Real-time Attendance Updates
  • Salary Structuring & Revision
  • Automatic payslip generation
  • Reimbursements
  • Attendance Reports
  • Email Support
    • Employees
    • Yearly

Calculated Price (Exclusive of all taxes)

720
Advanced (Rs. 120/month/employee billed annually)
  • Everything in base pack +
  • Customisable user roles and permissions
  • Employee KYC
  • Statutory Compliance Reports
  • Multiple Deductions
  • Dedicated Support
    • Employees
    • Yearly

Calculated Price (Exclusive of all taxes)

1440

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TankhaPay Features

Payroll Management

  • icon_check Automated Payroll Streamlined payroll calculations for timely processing.
  • icon_check Bonus and Incentive Management Configures and manages employee bonuses and incentives.
  • icon_check Tax Deductions Calculates pre-tax and post-tax deductions for compliance.
  • icon_check Employee Benefits Management Administers employee health, retirement, and other benefits.
  • icon_check Direct Bank Transfers Automated salary deposits directly to bank accounts.
  • icon_check Off-Cycle Payroll Processing Process unscheduled payrolls for bonuses or adjustments.
  • icon_check Multiple Pay Rates and Schedules Supports varied pay rates and custom pay cycles.
  • icon_check Overtime Management Tracks and calculates employee overtime hours.
  • icon_check Variable Pay & Commission Management Manages variable pay and commissions accurately.
  • icon_check Expense Reimbursements Automates employee expense reimbursement processing.
  • icon_check Gratuity Calculation Calculates gratuity as per Indian statutory requirements.

Compliance Management

  • icon_check Provident Fund (PF) Compliance Ensures timely PF contributions and reporting.
  • icon_check Labour Welfare Fund (LWF) Management Manages LWF deductions for eligible employees.
  • icon_check Employee State Insurance (ESI) Compliance Tracks and manages ESI contributions.
  • icon_check Income Tax (TDS) Management Automates TDS calculations and deductions.
  • icon_check Professional Tax (PT) Compliance Manages PT deductions per state regulations.

Time, Attendance & Leave Management

  • icon_check Leave & Absence Management Tracks leave balances and employee absences.
  • icon_check Attendance Tracking Monitors employee attendance for accurate payroll.
  • icon_check Sick Leave and Vacation Tracking Manages sick and vacation leave with accruals.
  • icon_check Leave Policy Customization Customizable leave policies to suit company rules.
  • icon_check Holiday & Leave Calendar Manages holiday schedules and leave tracking.

Employee Self-Service (ESS)

  • icon_check Payslip Access Provides digital payslips for employee download.
  • icon_check Income Tax Planner Allows employees to plan and declare tax exemptions.
  • icon_check Expense Claims Employees submit and track expense reimbursements.

Employee Lifecycle Management

  • icon_check Employee Database Centralized repository for all employee information.
  • icon_check Employee Shift Scheduling Schedules shifts for diverse work hour needs.
  • icon_check Document Management Stores important employee documents securely.
  • icon_check F&F Settlement Automates final settlements upon employee exit.

Banking Integration & Payment Processing

  • icon_check Bank Transfer Files Generates files for seamless bank transfers.
  • icon_check Cheque Processing Supports cheque payments for payroll processing.
  • icon_check Direct Deposit Scheduling Schedules direct salary deposits on paydays.
  • icon_check Multi-Bank Support Integrates with multiple banks for payroll.

Automation and Customization

  • icon_check Alerts & Notifications Sends automated notifications for payroll events.
  • icon_check Scheduled Payroll Processing Automates scheduled payroll cycles.
  • icon_check Custom Payroll Rules and Policies Customizable payroll rules for flexibility.
  • icon_check Configurable Workflows & Approvals Set workflows for approvals in payroll.
  • icon_check API Access Provides API for integrations with other systems.

Security and Data Privacy

  • icon_check User Access Management Manages access permissions to secure payroll data.
  • icon_check Two-Factor Authentication (2FA) Enhances security with 2FA for logins.
  • icon_check Data Backup and Recovery Ensures secure data backup and easy recovery.
  • icon_check Encrypted Data Transmission Protects payroll data during transfers.
  • icon_check Audit Logs and Monitoring Tracks and logs activities for audit compliance.

Integrations

  • icon_check Biometric Integration Links with biometric systems for attendance.
  • icon_check Accounting Software Integrates with accounting systems for seamless data.
  • icon_check HRMS Syncs with HRMS for unified employee data.
  • icon_check Performance Management Connects with PMS for performance-linked pay.
  • icon_check Payment Gateway Integrates with gateways for payment processing.
  • icon_check API Integration Connects to external systems for data exchange.
  • icon_check Third Party Integration Integrates with third-party software solutions.

Reporting and Analytics

  • icon_check Payroll Reports Detailed reports on payroll processing and expenses.
  • icon_check Compliance Reports Provides reports on statutory compliance.
  • icon_check Leave and Attendance Reports Tracks leave and attendance records.
  • icon_check Employee Master Report Comprehensive report on employee details.

TankhaPay Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Training:
  • Language:
  • Windows iOS Android MacOS
  • DesktopMobileTabletiPad
  • Web-Based
  • All Industries
  • All Businesses
  • Small Business, Medium Business, SMBs, SMEs, MSMBs
  • Phone, Email
  • In Person, Videos
  • English

TankhaPay Reviews

96%

Have recommended this product

Overall Score

4.8/5
Based on 2 Reviews

Review this product

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

B

Bakshin

Verified reviewer:linkedin_verify

Project Manager, Biotechnology

101-500 Employees

Reviewed on: Apr 17, 2024

5/5

“Very easy to use”

Pros :

Cons :

Features

5/5

Value for Money

5/5

Customer Support

5/5

Ease of Use

5/5

Likely to Recommend

10/10
LA

Lokesh Aggarwal

Verified reviewer:linkedin_verify

Product Manager, Computer & Network Security

2-100 Employees

Reviewed on: Apr 13, 2024

5/5

“Best HR & Payrolling App for my business”

Tankhapay is the best HR and payroll app available in the market that effortlessly manages my employee attendance and payroll. I highly recommend Tankhapay to everyone.

Pros :

Cons :

Features

5/5

Value for Money

5/5

Customer Support

5/5

Ease of Use

5/5

Likely to Recommend

10/10

Akal Information Systems Limited Company Details

Brand Name Akal Information Systems Limited
Information TankhaPay is a cloud-based workforce management solution that simplifies and integrates payroll, attendance tracking, work reports, compliance management, and social security benefits.
Founded Year 2000
Director/Founders Sarabjit Singh
Company Size 101-500 Employees

TankhaPay FAQ

A TankhaPay software is compatible with Windows and macOS and Linux operating systems.
A TankhaPay app is available for Android and iOS app users.
A TankhaPay platform is a Software as a Service (SaaS) platform.
A TankhaPay starts at Rs 60/employee/month billed annually.
A Employers and business of all sizes can use the TankhaPay platform, including, SOHOs, MSMEs, Businesses and Large Enterprises.
A Yes, a demo of TankhaPay is available.
A No, TankhaPay software is not available for free. You can contact our experts to learn more about the pricing plans.
A No, TankhaPay software does not offer a free trial.
A TankhaPay can be downloaded through the Google playstore and the apple app store.
A TankhaPay is a payroll software that helps employers provide social security benefits like EPF (Employee Provident Fund) and ESI (Employee State Insurance) to their workforce.

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