Paybooks
A detailed review of Paybooks' payroll software with pricing, comparisons to competitors, key information, and FAQs.
Updated on August 30th, 2023
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Paybooks is a comprehensive HR and payroll software created to simplify and manage payroll processes for India-based businesses. In addition to providing employee and management and compliance reports, the software also has a self-service app for personnel.
Also Consider
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At-a-Glance:
Feature | Paybooks |
|---|---|
Price | From ₹2,999.00 /mo. |
Automated taxes | ✓ |
W2 and 1099 form preparation | x |
Expense management | ✓ |
Direct deposits | ✓ |
Leave management | ✓ |
Employee self-service portal | ✓ |
Customer support | Online help desk, phone, email, and live chat. |
Review:
Paybooks is a cost-effective payroll software that is easy to use and packed with key features, such as automated taxes, compliance management, and automatic payments. However, the software is designed for businesses in India and does not feature an international version. U.S. businesses are better served with local options, such as Gusto or TriNet Zenefits.
Pros:
- Paybooks offers a free 30-day trial.
- The software supports professional tax calculations for all states in India.
- A range of automated features, such as auto-generated salary slips and tax calculations, offer additional convenience.
- Employees can use the self-service app to view pay slips, salary reports, and Form 16.
- Other tools include payroll reporting, direct deposits, multiple pay schedules, digital paystubs, and overtime tracking.
- There is an online helpdesk, as well live chat, phone, and email customer support.
Cons:
- The software is only suitable for businesses in India.
- The monthly pricing is increased by 10% after the first year.
- The platform does not offer lifetime accounts, unlimited pay runs, garnishments, or contractor payments.
Reputation:
On G2, Paybooks has a 4.5-star rating based on more than almost two dozen reviews. While most users praised its ease of use and cost-effective features, some reviewers thought that there is room for improvement when it comes to accessing the software via mobile devices.
Pricing:
Plan | Monthly Pricing For Up To 30 Employees | Monthly Pricing For Each Additional Employee |
|---|---|---|
Regular Plan | ₹2,999.00* | ₹50.00 |
Premium Plan | ₹4,999.00* | ₹75.00 |
*Paybooks charges a one-off setup fee equivalent to one month's billing or ₹5,000.00, whichever is higher.
Paybooks vs. QuickBooks Payroll:
Unlike Paybooks, QuickBooks Payroll offers payroll solutions for multiple countries. While Paybooks is more affordable than QuickBooks Payroll, it is not an option for businesses outside of India. For U.S. businesses, QuickBooks Payroll offers a great selection of features and automated tools for efficient payroll processing.
Comparison Between Paybooks and QuickBooks Payroll:
Feature | Paybooks | QuickBooks Payroll |
|---|---|---|
Starting price | ₹2,999.00 /mo. | $45.00 /mo. +$5.00 /employee /mo. |
Automated taxes | ✓ | ✓ |
Compliance management | ✓ | x |
W2 and 1099 form preparation | x | ✓ |
Time tracking | ✓ | ✓ |
Customer support | Phone, email, and live chat. | Phone and email. |
Paybooks vs. Aruti:
Unlike Paybooks, which is designed for businesses in India only, Aruti features global payroll software solutions. Both service providers offer a fairly extensive range of payroll tools, as well as HR management tools, including a convenient employee self-service portal.
Comparison Between Paybooks and Aruti:
Feature | Paybooks | Aruti |
|---|---|---|
Starting price | ₹2,999.00 /mo. | €0.99 /employee /mo. |
Automated taxes | ✓ | ✓ |
Expense management | ✓ | ✓ |
W2 and 1099 form preparation | x | x |
Mobile access | ✓ | ✓ |
Customer support | Phone, email, and live chat. | Phone, email, and live chat. |
Paybooks vs. Gusto:
While Paybooks is designed specifically for businesses in India, Gusto is a payroll software developed for the U.S. market. However, unlike Paybooks, Gusto offers the ability to process payroll for contractors located outside the U.S. Both platforms offer a 30-day free trial.
Comparison Between Paybooks and Gusto:
Feature | Paybooks | Gusto |
|---|---|---|
Starting price | ₹2,999.00 /mo. | $40.00 /mo. +$6.00 /employee /mo. |
Automated taxes | ✓ | ✓ |
Expense management | ✓ | ✓ |
Time tracking | ✓ | ✓ |
Mobile access | ✓ | ✓ |
Customer support | Phone, email, and live chat. | Phone and email. |
Key Information:
Legal Name | Paybooks Technologies India Private Ltd. |
Founder | |
Founding Date | Jan 01, 2012 |
Address | 2nd Fl., Samrah Plaza, St. Marks Rd., Shanthala Nagar, Ashok Nagar, Bengaluru, Karnataka 560001 India |
Number of Employees | 100 |
Number of Customers | 3000 |
Telephone | |
Website |
FAQs:
What is Paybooks?
Paybooks is a comprehensive payroll software used to manage the payroll processes of India-based businesses.
What does Paybooks cost?
Paybooks' pricing starts at ₹2,999.00 per month for up to 30 employees.
Is there a Paybooks free trial?
Yes, Paybooks offers a free 30-day trial.
Is there a Paybooks app?
Yes, Paybooks has a mobile app that available for both Android and iOS users.