RazorpayX Payroll Reviews
RazorpayX Payroll
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RazorpayX Payroll
By : Razorpay Software Private Limited
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“RazorPayX Review | RazorPayX Current Account Kya Hai | RazorPayX Payroll Review | RazorPayX Payouts”
4.5
Review by: LENDERS 247
Nishant Kumar
Verified reviewer:
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 : The ability to schedule payments in advance has been a significant benefit, allowing us to focus on other important tasks. The platform also generates detailed reports that help us monitor and control expenses.
Cons : The mobile app lacks several of the advanced features available on the desktop version, making it less useful for on-the-go management. More functionalities would improve its overall performance.
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
Kanika
Verified reviewer:
Founder, SAAS
2-100 Employees
Software user since: 1-2 years
Reviewed on: Aug 16, 2024
3.7/5
“RazorpayX for Hassle-Free Payroll Processing”
RazorpayX has streamlined our payroll process, automated salary transfers and provided us with the tools to track each payment. We’ve found the system reliable for ensuring everyone gets paid on time, and detailed records help with our financial documentation. While there are minor limitations in customizations, it’s a major improvement from our previous methods.
Pros : The salary disbursement feature works without fail, and the option to track payment statuses helps us stay updated. The platform also generates payslips, which keeps our employees informed and eliminates unnecessary queries.
Cons : It takes a little while to get used to the interface, especially for those who haven’t used payment automation platforms before. Some customization options are limited.
Switched from : PayEdge
Reason to switch : We wanted a more consistent way to manage payroll and reduce the risk of delays in employee payments.
Features
3.5/5
Value for Money
4/5
Customer Support
4/5
Ease of Use
3.5/5
Likely to Recommend
Sandeep Yadav
Verified reviewer:
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 : The system automatically processes payroll, removing the hassle of manual payments. The feature that allows employees to view payslips on their own has reduced queries and saved us time.
Cons : The platform can be slow at times, especially when processing large volumes of data. Also, there is limited scope for customizing payroll categories, which could be improved.
Features
4/5
Value for Money
3.5/5
Customer Support
3.5/5
Ease of Use
4/5
Likely to Recommend
Vipin Agarwal
Verified reviewer:
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 : The platform enables us to make bulk payments without individually processing each transaction. Its detailed financial reporting has been helpful for keeping track of our payments and reconciling accounts accurately.
Cons : Navigating the reporting feature is somewhat cumbersome, especially when trying to generate specific reports. It could benefit from more flexibility in filtering data.
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
Anshul
Verified reviewer:
Accountant, SAAS
2-100 Employees
Software user since: 1-2 years
Reviewed on: Sep 4, 2024
3.6/5
“RazorpayX’s Automated Compliance Management”
We switched to RazorpayX for its automated compliance features, and it has been a major improvement. By automating compliance checks, we’ve reduced manual errors and saved time. The system keeps us updated on regulatory changes, although navigating the dashboard can be a bit tricky at first.
Pros : The automated compliance tracking has reduced our chances of error. We now get notifications and updates when compliance tasks are due. It’s also convenient that all of our financial data is organized in one place, making audits much easier.
Cons : Navigating through the compliance dashboard could be more intuitive. It takes time to fully understand how everything is laid out.
Switched from : PayEdge
Reason to switch : To reduce the risk of human error and keep up with changing regulations in a more organized way.
Features
4/5
Value for Money
3.5/5
Customer Support
3.5/5
Ease of Use
3.5/5
Likely to Recommend
Kanika satija
Verified reviewer:
Editor, SAAS
101-500 Employees
Software user since: 1-2 years
Reviewed on: Sep 3, 2024
3.5/5
“RazorpayX: A Better Way to Handle Vendor Payments”
With RazorpayX, we’ve simplified vendor payments, allowing us to automate recurring transactions and maintain better financial records. This has reduced manual errors and provided more clarity in our expenses. The onboarding process took some time, but once we got the hang of it, the benefits were evident.
Pros : The platform allows us to automate vendor payments, which cuts down on administrative tasks. Payment confirmations provide added transparency, and financial reports offer a clear view of our spending.
Cons : The platform has a learning curve for those unfamiliar with financial tools, and it could benefit from more customization in payment workflows.
Switched from : PayCare
Reason to switch : To streamline our vendor payment process and improve the accuracy of our financial records.
Features
3.5/5
Value for Money
3.5/5
Customer Support
3.5/5
Ease of Use
3.5/5
Likely to Recommend
Ravi Kumar
Verified reviewer:
Accountant, SAAS
101-500 Employees
Software user since: 1-2 years
Reviewed on: Jul 19, 2024
3.5/5
“RazorpayX for Payroll Management”
RazorpayX has helped us run a more efficient payroll process, ensuring that salaries are paid on time, every time. The automatic payslips feature has cut down on employee queries, and the reports generated help with accounting and audits. There is room for improvement in terms of customization, but overall, the platform has been a good addition.
Pros : Salary payments happen without any hitches, and the platform generates payslips for employees automatically. The reports generated by RazorpayX also make it easy for our finance team to track expenses and handle audits.
Cons : Some of the payroll customization options are limited, and we would appreciate more flexibility in certain areas.
Switched from : Sahaj ePay Payroll Software
Reason to switch : We needed a more dependable system to ensure timely salary transfers and better payroll management.
Features
3.5/5
Value for Money
3.5/5
Customer Support
3.5/5
Ease of Use
3.5/5
Likely to Recommend
nikita sarode
Verified reviewer:
Manager, SAAS
101-500 Employees
Software user since: 1-2 years
Reviewed on: Jun 15, 2024
3.3/5
“RazorpayX Compliance Simplified for Our Business”
Switching to RazorpayX’s compliance feature has been a great decision. It automatically tracks our compliance requirements, so we no longer risk missing deadlines. The audit trails are comprehensive, helping us stay on top of our financial reporting. Although it takes some time to get used to, the benefits far outweigh the initial challenges.
Pros : RazorpayX’s system automatically keeps us updated on compliance deadlines. This has prevented any oversight on our part. The detailed audit trails and organized records also give us confidence that our financial data is always correct.
Cons : Navigating the compliance features can be a bit confusing, especially for team members who are new to it. There’s a bit of a learning curve.
Switched from : PayCare
Reason to switch : To ensure our business stays compliant without having to manually track every deadline.
Features
3.5/5
Value for Money
3.5/5
Customer Support
3/5
Ease of Use
3.5/5
Likely to Recommend
Ashish Anand
Verified reviewer:
Manager, SAAS
101-500 Employees
Software user since: 1-2 years
Reviewed on: Sep 10, 2024
3.2/5
“RazorpayX for Effortless Vendor Management”
RazorpayX has changed the way we manage vendor payments. With the automated payment schedules and comprehensive reporting tools, our team can focus on more critical tasks rather than getting bogged down in financial details. Although setup can be slow at first, once everything is configured, the system runs efficiently.
Pros : The automatic payment scheduling feature has been a great time-saver. We no longer need to worry about missing deadlines. The detailed transaction reports help us keep everything organized and ensure accurate financial tracking.
Cons : The initial setup can take some time, especially for teams unfamiliar with payment automation tools. It’s not always clear where certain settings are located, which can lead to some trial and error.
Switched from : Pensoft
Reason to switch : The need for a system that could minimize errors and streamline payments pushed us toward RazorpayX.
Features
3.5/5
Value for Money
3/5
Customer Support
3/5
Ease of Use
3.5/5
Likely to Recommend
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