Budget-friendly HR & Payroll

In the realm of HR and payroll solutions, affordability often dances on the outskirts of fantasy. Yet, enter Paybooks, where the mirage of cost-effectiveness meets the oasis of robust functionality. Paybooks stands as a beacon, offering businesses of all sizes an oasis of comprehensive HR and payroll services at refreshingly reasonable rates. Beyond mere affordability, it epitomizes efficiency and reliability, reshaping the landscape of workforce management with its tailored solutions.

From handling payroll to guaranteeing all compliance boxes are ticked, Paybooks goes above and beyond. It’s designed with businesses in mind, ensuring they can manage HR tasks without the usual financial strain. It’s more than a solution; it’s a partner that understands the challenges of managing a workforce!

How many plans do Paybooks offer?

Explore Paybooks’ range of payroll plans, each carefully crafted to meet the unique needs of businesses, regardless of size or complexity. Whether you’re a budding startup or a growing enterprise, our plans are designed to provide efficient and reliable payroll management, ensuring your employees are paid accurately and on time.

1. Begin with our Essential Plan, priced at ₹2,499 per month, ideal for startups and small businesses with up to 30 employees. This plan covers all essential payroll functions, ensuring compliance and accuracy without straining your budget.
2. For businesses on the rise, our Regular Plan offers comprehensive features at ₹4,999 per month, supporting up to 50 employees. This plan includes employee self-service portals, detailed payroll reports, and customizable salary components, empowering you to manage payroll with ease as you grow.
3. For those needing advanced capabilities and dedicated support, our Premium Plan at ₹9,999 per month provides robust features tailored for up to 50 employees. Enjoy benefits like full and final settlements, advanced leave management, and priority customer support, designed to streamline complex payroll processes efficiently.

Our flexible pricing for additional employees, ranging from ₹50 to ₹60 per month per employee, ensures scalability as your workforce expands.

We understand the diverse needs of businesses. Our goal is to simplify payroll management so you can focus on what matters most—your business’s success. Choose Paybooks for reliable, flexible, and tailored payroll solutions that grow with you.

Exploring Paybooks’ ₹2,499 Plan: What’s Included?

Get a sneak peek into the essentials with Paybooks’ ₹2,499 per month plan, tailored for businesses managing up to 30 employees. This cost-effective solution packs a punch with comprehensive features designed to smother your payroll and HR processes with 0 efforts.

• Payroll Processing:  Handle payroll with ease, ensuring accurate and timely payments for your team. Automate calculations and disburse salaries directly to employees’ bank accounts, minimizing manual errors.
• Leave Management:  Efficiently manage employee leaves, track accruals, and maintain compliance with statutory requirements. Empower your team with self-service options for leave requests and approvals.
• Salary Increment:  Stay on top of salary adjustments and increments effortlessly. Set up automated workflows to ensure timely updates and notifications to your workforce.
• Bank Statement:  Generate ready-to-upload bank statements, simplifying the process of salary disbursements and reimbursements.
• Payroll MIS Reports:  Access detailed reports on payroll metrics, employee costs, and tax deductions. Gain insights to optimize your payroll operations and ensure compliance with regulatory standards.
• Core HR:  Manage crucial employee information and lifecycle events from onboarding to exit seamlessly. Streamline administrative tasks with automated document generation and management.
• Compliance:  Stay compliant with tax regulations including Income Tax, Provident Fund (PF), Professional Tax, Employee State Insurance (ESI), Labour Welfare Fund, and Shops & Establishments Act.
• Employee Self-Service:  Empower employees with self-service options for accessing payslips, managing leave requests, planning taxes, and obtaining Form 16 conveniently.
• Help Desk:  Receive dedicated support and guidance from Paybooks’ expert team, ensuring smooth operation of your payroll and HR functions.

Experience the efficiency and reliability of ₹2,499 plan, designed to simplify payroll management and enhance HR operations for small to mid-sized businesses.

Choosing the Right Plan for Your Business Needs

In selecting the ideal Paybooks plan, the key lies in aligning it closely with your business dynamics and growth aspirations. For businesses managing up to 30 employees, the Essential Plan priced at ₹2,499 per month offers a robust foundation. This plan covers essential payroll processing, leave management, salary increments, bank statements, payroll MIS reports, and core HR functionalities. It’s designed to cater efficiently to small teams with straightforward payroll and HR requirements, ensuring accuracy and compliance without overwhelming complexity.

Alternatively, if your business is scaling up and encompasses up to 50 employees, the Regular Plan at ₹4,999 per month is highly recommended. Building upon the Essential Plan, it introduces advanced features such as biometric device integration for precise attendance management, streamlined expense management, loans and advances tracking, and comprehensive document management. These additions empower growing businesses to enhance operational efficiency, maintain compliance effortlessly, and manage HR functions with increased automation and accuracy.

Moreover, both plans come with a 30-day trial period, allowing you to experience firsthand how Paybooks optimizes payroll processes and HR management. This trial period serves as a practical evaluation phase, enabling you to gauge the platform’s effectiveness in meeting your specific business needs before making a long-term commitment. Choose wisely based on your current operational scale and future growth projections to leverage Paybooks effectively as your trusted payroll and HR management solution.

For How Long Will the Prices Be Valid?

At Paybooks, we believe in transparency and commitment when it comes to pricing. The rates you secure upon subscribing to our services remain unchanged for a period of one year from your sign-up date. During this time, you benefit from the peace of mind that comes with predictable costs for your payroll and HR management needs.

From January 1, 2024, through December 31, 2024, the current pricing structure will be in effect. This timeframe ensures that you can plan your budget effectively, knowing exactly what to expect in terms of expenses related to our services. It’s our way of providing stability and reliability in financial planning for your business operations.

Following the initial year, there will be a modest adjustment with a 5% increase applied to the subscription price. This adjustment reflects our commitment to maintaining competitive rates while accommodating changes in operational costs and service enhancements.

Beyond 2024, any future revisions to pricing will be communicated in advance, allowing you ample time to assess and adjust accordingly. Our goal is to support your business growth by offering consistent and fair pricing practices that align with your evolving needs and market dynamics.

Make Your Paybooks Experience Elevated with Add-On Modules

Explore a world of enhanced functionality with Paybooks’ diverse array of add-on modules, each designed to elevate your payroll and HR management capabilities. These modules are powered by trusted partners, ensuring robust solutions tailored to meet specific operational needs across various facets of employee management.

PayTime: Revolutionizing Attendance Management

Imagine a system where employees effortlessly mark their attendance online, while administrators maintain strict control through IP restrictions and geo-tagging. PayTime not only simplifies attendance tracking but also ensures accuracy and compliance, empowering organizations to optimize workforce management efficiently.

Recruitment & Onboarding: Customized Hiring and Integration

Facilitate a seamless journey from candidate recruitment to onboarding with customized workflows. This module enables the generation of tailored offer letters and supports self-onboarding processes, streamlining the integration of new team members into your organizational culture.

Performance Management: Insightful Evaluation and Growth

Monitor and evaluate employee performance effectively with customizable appraisal cycles and feedback mechanisms. By aligning performance metrics with organizational goals, this module fosters a culture of continuous improvement and professional development.

Employee Exit Management: Streamlined Offboarding Processes

Efficiently manage employee departures through structured workflows that ensure compliance and smooth transitions. From exit interviews to final settlements, this module simplifies the offboarding journey, safeguarding both employee satisfaction and organizational integrity.

Asset Tracking: Comprehensive Management of Company Assets

Maintain accurate records of assets issued to employees with ease. This module provides a centralized platform for tracking and managing company assets, minimizing loss and optimizing resource allocation.

Time Sheet: Precise Project Time Tracking

Optimize project management by tracking team productivity across various projects. The Time Sheet module offers detailed insights into time allocation and project progress, empowering decision-making and enhancing operational efficiency.

Final Thoughts

In a world where every penny counts, Paybooks emerges not just as a provider of HR and payroll solutions, but as a strategic partner in organizational growth. By offering affordable yet comprehensive services, it empowers businesses to focus on what truly matters: their people and their progress. Whether you’re a burgeoning startup or an established enterprise, Paybooks remains steadfast in its commitment to deliver value, reliability, and peace of mind in managing your most valuable asset—your workforce. Always know that we are here to assist you. You can write to us at [email protected] or call us at +91 80 4710 7171.