Automated Payroll & Compliance You Can Trust

Process salaries on time, every time — with zero errors. Automate calculations, generate payslips instantly, and stay compliant with tax and labour laws without the stress of manual work.

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Why This Payroll Solution Works

The TankhaPay Advantage

Save up to 12 hours of work per pay cycle

99.9% accuracy on salary processing

Auto-sync with compliance filings

Manage 10 to 10,000+ employees with ease

The TankhaPay Advantage

Trusted Across 1000+ Businesses

Payroll Made Simple, Accurate, and Compliant

Deliver error-free salaries, stay compliant with ever-changing laws, and save valuable time—TankhaPay makes payroll stress-free for every business.

FAQs

01. What is payroll software?

Payroll software automates salary processing and disbursement by factoring in elements such as leave balances, deductions, bonuses, provident fund, and gratuity. It streamlines employee compensation management, enabling quick and accurate payroll execution with minimal effort.

By eliminating human errors and streamlining manual processes, it empowers HR teams to dedicate more time on strategic priorities like workforce planning, budgeting, talent acquisition, and fostering employee growth and retention initiatives.

Payroll is the payment a company provides to its employees for their work, including salaries, wages, bonuses, and commissions. It also covers the process of calculating and delivering these payments accurately and on time.

A payroll service is an external provider that manages the complete payroll process for a business, from calculating salaries and taxes to issuing payments. By outsourcing payroll, companies save time and resources while ensuring accuracy, compliance, and timely compensation for their employees.

A Payroll Management System is specialized software designed to automate and simplify payroll operations. By using such a system, companies can reduce errors, save valuable time, and allow HR teams to focus on strategic priorities and workforce engagement rather than routine administrative tasks.

Payroll software automates regulatory compliance, handling TDS, PF, PT, and ESIC filings while staying up to date with changes in tax and labor laws.

Payroll software pricing varies based on the size of the business and its workforce. Small or startups can often benefit from free plans that offer basic features, while larger businesses usually invest in paid plans with advanced functionality.

Payroll software simplifies the processing and payment of employee salaries. By integrating with HRMS systems, it allows businesses to efficiently to manage the entire employee lifecycle, from onboarding to offboarding. Core features include employee self-service portals, leave management, automated payroll disbursements, and connectivity with tools like Slack and WhatsApp.

Payroll is calculated by first gathering employee details, such as hours worked and pay rates, to determine gross earnings. Tax deductions and provident fund contributions are then applied to arrive at the net pay. Using reliable payroll software automates this process, improving accuracy, minimizing errors, and accelerating payroll processing.

If your current payroll provider isn’t meeting expectations, start by exploring alternative options. The right payroll partner should offer end-to-end payroll and HR solutions at a competitive, cost-effective price. Key features to look for in the software are employee self-service portals, seamless HRMS integration, direct salary deposits, automated compliance, and more.

Payroll software provides a centralized dashboard that simplifies payroll management for both employers and employees. Employee self-service portals allow staff to upload documents and access payslips on demand. Employers can efficiently manage employee data, automate payroll calculations and disbursements, and generate detailed reports for actionable insights.

Payroll can be managed in different ways: in-house or outsourced, and manually or through automation. In-house payroll is handled entirely by the HR or finance team, with dedicated staff managing all payroll tasks. Outsourced payroll is managed by an external provider or payroll service company.

Manual payroll is the traditional method, relying on spreadsheets, paper timesheets, and physical leave requests, which can be time-consuming and prone to errors. Automated payroll, the modern standard, leverages technology to handle the entire process, minimizing human intervention and improving accuracy and efficiency.