★★★★★ 4.9 on G2 · 1500+ companies · 4,00,000+ employees
2026Startup Payroll Buyer Guide · Ranked for Indian startups

Top 10 payroll software
for startups.
247HRM leads the list.

A credible 2026 guide to choosing payroll software as an Indian startup. We rank ten options on automation, statutory accuracy, ease and value, with 247HRM first for running full-cycle payroll with PF, ESI, PT and TDS computed automatically, payroll in minutes and pricing that scales from 10 to 5,000+.

Automated PF, ESI, PT, TDS
Payroll in minutes
Form 16 & Form 24Q
Old & new regime
Scales 10 to 5,000+
See what's inside
#1
end-to-end pick
for startups
95%
fewer payroll
errors
₹0
penalties on
record
Full cycle in minutes
Import, compute, payslip
Single point data entry
One employee record
Loved by 1500+ companies across Retail, Automotive, Manufacturing, Healthcare, IT and other industries
At a glance

Startup payroll on 247HRM, by the numbers.

What founders and early HR teams get when payroll, statutory and tax all live in one suite.

1,500+
Indian businesses on 247HRM
10-5,000+
Headcount the platform scales across
<10min
Payroll run for 5,000 staff
95%
Fewer payroll errors reported
₹0
Statutory penalties on record
Form 16
Generated from suite data
4.9/5
G2 average rating
What startup payroll software must do

5 things startup payroll software should do. We do all five.

Run the full cycle fast, automate every statutory deduction, stay accurate, scale as you hire, and stay affordable. 247HRM does all five from a single employee record, in production today.

Run in minutes

Full-cycle payroll runs from import to payslip in minutes, not days, so a lean team is not stuck on spreadsheets at month end.

<10 min for 5,000 staff

Automate statutory

PF, ESI, PT and TDS are computed automatically each cycle, with payslips, challans and Form 16, so compliance is not an afterthought.

PF ESI · PT · TDS

Stay accurate

One employee record and single point data entry mean salary, attendance and deductions never drift, cutting payroll errors sharply.

95% fewer errors

Scale as you hire

The same platform runs payroll for ten people or five thousand, so you are not forced to switch tools the year you grow.

10 to 5,000+ staff

Stay affordable

Pricing fits an early-stage budget, with guided setup so a founder or first HR hire can be live without a long implementation.

Guided setup included
One suite · four jobs

From first hire to Form 16, in one flow.

Click through to see how 247HRM handles a startup payroll run, automated statutory, year-end tax forms, and growth from ten to thousands, all from one employee record.

Full-cycle payroll in minutes

Import salary and attendance, and 247HRM runs the full cycle from gross to net in minutes. Payslips, bank advice and statutory challans come out of the same run, so a founder or first HR hire closes payroll without a spreadsheet marathon at month end.

Import to payslipBank advice fileValidated before payoutOne employee record
<10m
run for 5,000
0
re-entry
100%
validated
Payroll run · June 2026
PROCESSED
StepStatus
Import salary + attendanceDone
Compute net & deductionsDone
Payslips & bank adviceReady
42 staff processed4 min · no re-entry

PF, ESI, PT and TDS, computed for you

Every statutory deduction is computed in the same run. PF and ESI contributions, state Professional Tax, Labour Welfare Fund and monthly TDS are calculated per employee, with payslips and challans ready, so an early-stage team stays compliant without a specialist on staff.

PF & ESI contributionsPT & LWF by stateMonthly TDSChallans ready
PF
& ESI
PT
by state
TDS
monthly
Statutory · June 2026
COMPUTED
PF (employer + employee)
₹3,12,400
ESI
₹48,900
Professional Tax
₹8,400
TDS this month
New regime
Challans ready for PF, ESI and PT

Form 16 and Form 24Q at year close

Because tax lives inside payroll, 247HRM computes TDS under the old and new regime and produces Form 24Q for the quarter and Form 16 for every employee at year close. The figures trace to one source, so there is nothing to reconcile by hand when the financial year ends.

Old & new regimeForm 24Q quarterlyForm 16 for allNo reconciliation
2
regimes
24Q
quarterly
0
reconciliation
Year close · FY 2026-27
RECONCILED
EmployeeTax24QForm 16
AKFounder roles₹1.09LMatchIssued
MSEarly team₹84,200MatchIssued
42 certificates generatedVariance 0% · self service

Grow from ten to thousands on one platform

The same suite that runs payroll for your first ten hires runs it for five thousand. As you add staff, locations and states, you add them on the same employee record, with no migration, no second system and no re-implementation the year the team doubles.

No migrationMulti-state ready15 modulesOne record
10
to 5,000+
15
modules
1
record
Headcount · growth
SCALING
StageStaffStatesStatus
Seed121OK
Series A1403OK
Growth1,2008Same suite
One platform the whole wayNo migration · one record
ENGINEPayroll & statutory engine

One run, every deduction, ready to scale.

247HRM computes gross to net, PF, ESI, PT, LWF and TDS in a single payroll run, under the old or new regime per employee. The same engine that closes payroll for a ten-person startup runs it for thousands, so nothing has to be rebuilt as you grow.

Full statutory built in
PF, ESI, PT, LWF and TDS computed in the same run, challans ready.
Old and new regime
TDS computed under both, the chosen one applied per employee.
Built to scale
From ten hires to five thousand on one record, no re-implementation.
Audit ready
Every figure traces to one source, so 24Q and Form 16 reconcile cleanly.
Works with 247HRM attendance & self service
Payroll run · EMP-0042
PROCESSED
Gross salary (monthly)
₹1,20,000
PF + ESI
₹14,400
TDS (new)
₹9,100
Net pay this month
Statutory applied · payslip ready
₹94,600
in hand
The cost of the wrong tool

The hidden cost of running startup payroll on spreadsheets.

When a startup runs payroll in spreadsheets and chases statutory in separate portals, the same salary data gets keyed again and again. Errors, late challans and a painful tool switch at scale follow. Here is the difference 247HRM makes.

Spreadsheets & point tools

Re-keying, late filings and a tool switch

What founders report when payroll runs outside a real system.

  • !
    2 to 3×The same salary keyed into a sheet, a TDS tool and a PF portal.
  • !
    Late challansPF, ESI and TDS deposits missed or rushed, risking penalties.
  • !
    Founder timeHours each month a founder or first hire loses to manual payroll.
  • !
    Re-implementA forced switch to a heavier tool the year headcount jumps.
Net effectErrors and penalty exposure
With 247HRM

One record, run once

Payroll, statutory and tax in one suite.

  • Enter onceSalary captured a single time and reused across the whole run.
  • On-time statutoryPF, ESI, PT and TDS computed with challans, ₹0 penalties on record.
  • Minutes, not daysFull cycle closes in minutes, freeing the team for the business.
  • Scales with youSame platform from ten to thousands, no migration later.
Net effectAccurate payroll, clean compliance
How it works

Payroll that lives where the employee data already is.

Three connections do the work: people in, attendance in, statutory and tax out.

Re-key every cycleOne payroll run

Salary and attendance, entered once.

Employee salary and attendance feed a single payroll run. As part of Complete HRMS, the payroll module shares one employee record, so pay, statutory and tax never drift apart as a startup grows.

  • Salary, allowances and deductions reused across the suite
  • Attendance and leave feed the run in real time
  • PF, ESI, PT and TDS recompute when any input changes
1employee record
0duplicate entry
Livenet pay

Startup payroll · data flow

CONNECTED
👤
People & salary imported
00:00:02
📅
Attendance & leave read in
00:00:05
Net pay & statutory computed
00:00:09
📄
Payslips, challans, Form 16 prepared
--:--:--
·
Chase payslips by emailSelf service for all

Payslips and proofs, without the chasing.

Employees view payslips, capture savings projections and upload investment proofs from the self service portal at any time. HR verifies from one queue, and the projected liability and monthly TDS update as proofs are accepted, so nobody emails the founder for a payslip.

  • Payslips and tax declarations in self service
  • Proof upload and a single HR review queue
  • Web, Android and iOS for a distributed team
80Cguidance built in
1review queue
3apps: web & mobile
My payslip
June 2026
Net pay
₹94,600
Statutory applied · new regime
₹14.4k
PF+ESI
₹9.1k
TDS
2
proofs
1 proof to upload
80D · mediclaim receipt
Startup Payroll ROI

What the right payroll software pays back, in month one.

Drag the sliders to your team. Numbers update live, using benchmarks from Indian payroll teams.

Your company

Tell us how your team looks today. Numbers update live.

101,0005,000
₹200₹1,200₹2,500
22550
02550
Your annual savings
₹0
Estimated payback period: < 1 month
Includes HR time saved, errors prevented, tax leakage recovered and penalty exposure avoided
0
HR hours reclaimed / year
0
Errors prevented / year
🛡₹0
Leakage + penalties avoided
📈
ROI multiple, year one

Want a costed plan for your company?

Trusted By

247HRM runs HR & payroll for 1,500+ Indian businesses across 30+ industries.

Apollo 24/7
HBL
Lakshmi Group
Fortune Group
Global Aluminium
Andhra Paper Limited
Prathima Hospitals
Maangalya
Swayamvar
Mallareddy University
OM Sree Builders
PMJ Jewels
The Premia Academy
Aptar
Raghuram Constructions
Wonder Cars
Recognised by
G2 LeaderHR Management Suites 2025
Customers' ChoiceSoftwareSuggest 2025
Best Value HRMSCapterra India 2025
ISO/IEC 27001Certified by BSI Group
SOC 2 Type IIAICPA-audited
Customer stories

Why Indian startups keep payroll on one record.

Verified themes from early-stage teams running payroll, statutory and tax on 247HRM.

"
★★★★★

We were closing payroll in a spreadsheet every month. Now the full run, with PF, ESI and TDS, takes minutes and nobody chases me for a payslip.

FO
Founder
SaaS startup · 40 employees
"
★★★★★

Statutory used to scare us as a small team. Challans for PF, ESI and PT now come straight out of the run, so we have not missed a deadline.

HR
First HR Hire
D2C brand · 120 employees
"
★★★★★

We picked it at fifteen people and it carried us past five hundred without a migration. That alone saved us a painful switch.

CO
Co-founder & COO
Fintech startup · 520 employees
The ranking

Top 10 payroll software for startups, ranked for 2026.

Ranked for fit with Indian startups on automation, statutory accuracy, ease and value. 247HRM leads as the best end-to-end payroll for early-stage teams that intend to scale.

RankSoftwareBest forRating
1 247HRMBest end-to-end payroll for Indian startups: automated PF, ESI, PT, TDS, payroll in minutes, scales 10 to 5,000+4.9 / 5
2RazorpayX PayrollStartups wanting payroll close to their banking stack4.5 / 5
3greytHREstablished SMB payroll with a wide compliance feature set4.4 / 5
4KekaGrowth-stage teams wanting HR plus payroll together4.4 / 5
5Zoho PayrollStartups already inside the Zoho ecosystem4.4 / 5
6KredilyVery early teams looking for a free entry tier4.2 / 5
7Pocket HRMSSmall businesses wanting a simple cloud payroll4.2 / 5
8sumHRLean teams wanting an easy, modern interface4.1 / 5
9factoHRScaling startups with attendance-heavy payroll needs4.3 / 5
10Saral PayPackTeams preferring a long-standing desktop-rooted payroll4.0 / 5
Ranking reflects fit for Indian startups (automation, statutory accuracy, ease and value) using publicly available information as of 2026. All product names are trademarks of their respective owners; 247HRM does not claim affiliation. How we ranked: each tool was weighed on statutory automation (PF, ESI, PT, TDS), speed of a full payroll run, ease for a lean team, and value as headcount grows from ten to thousands. Ratings are indicative and rounded from public review platforms.
Questions, answered

Your startup payroll questions, answered.

How did you rank the top 10 payroll software for startups?
Each tool was weighed on four things that matter to an Indian startup: statutory automation across PF, ESI, PT and TDS, the speed of a full payroll run, ease of use for a lean team, and value as headcount grows from ten to thousands. Ratings are indicative and rounded from public review platforms as of 2026. 247HRM leads as the best end-to-end choice for early-stage teams that intend to scale.
What must payroll software for a startup actually handle?
At minimum it should run the full payroll cycle, compute PF, ESI, Professional Tax and monthly TDS automatically, produce payslips and statutory challans, and issue Form 16 and Form 24Q at year close. 247HRM does all of this from a single employee record, so a founder or first HR hire can stay compliant without a specialist on staff.
Is statutory compliance automated in 247HRM?
Yes. PF, ESI, PT, LWF and TDS are computed in the same payroll run, with payslips and challans ready and Form 16 and Form 24Q generated from the same data. TDS is computed under both the old and new regime, with the chosen one applied per employee.
Can 247HRM scale as our startup grows?
The same platform runs payroll for ten people or five thousand, across multiple states, on one employee record. You add staff and locations without a migration or a second system, so you are not forced into a painful tool switch the year the team doubles.
Is there a free trial, and how is it priced?
247HRM is priced to fit an early-stage budget and scales with headcount. The fastest way to see pricing for your size and get a guided walkthrough is to book a free demo, where a specialist sets up your state profile and shows a full payroll cycle.
Why does 247HRM top the list for startups?
Because it covers the whole job in one place: full-cycle payroll in minutes, automated PF, ESI, PT and TDS, Form 16 and Form 24Q, old and new regime, all on one employee record, at a price that fits a startup and a platform that scales to thousands. That combination of automation, statutory accuracy, ease and value is what puts it first.
Where these answers come from

References used across the payroll, statutory and tax modules:

  • Employees' Provident Funds & Miscellaneous Provisions Act (PF) and Employees' State Insurance Act (ESI) contribution rules.
  • State Professional Tax (PT) and Labour Welfare Fund (LWF) schedules, and current Finance Act slabs for the old and new tax regimes.
  • Income Tax Department of India, Form 24Q and Form 16 specifications. Ratings are indicative, from public software review platforms as of 2026.
Note: rates, slabs and forms follow the current statutes for each state and assessment year.
Glossary

Startup payroll terms, in plain language.

Quick reference for the statutory terms used across the payroll, compliance and tax modules.

Full-cycle payroll
The complete run from importing salary and attendance to net pay, payslips, bank advice and statutory challans, done in one process.
PF / ESI
Provident Fund and Employees' State Insurance, statutory contributions deducted and deposited for eligible employees each cycle.
PT / LWF
Professional Tax and Labour Welfare Fund, state-level statutory deductions that vary by the state of operation.
TDS
Tax Deducted at Source. The portion of income tax an employer deducts from salary each month and deposits with the government.
Form 16
The TDS certificate an employer issues to each salaried employee at financial year close, summarising salary paid and tax deducted.
Employee self service
The portal where employees view payslips, capture savings projections and upload investment proofs without routing everything through HR.

Watch a full startup payroll run on real data.

A product specialist sets up your state profile and walks your team through a full cycle, from import to payslips, statutory challans and Form 16.

Automated PF, ESI, PT, TDS
Payroll in minutes
Scales 10 to 5,000+
Live in production
#1
end-to-end payroll pick for Indian startups
95%
fewer payroll errors
₹0
penalties on record
No card needed. A specialist responds within one business hour.