Best Free Payroll Software In India 2023 Forbes Advisor INDIA – Forbes
To decide which providers made the cut for this guide, we assessed the available free payroll software to determine which would best meet freelancer, startup and small business needs. This assessment was based on the softwares free plan features and functionality, free plan limitations, add-ons and extra fees (if any), upgrade options and customer reviews. Below is a deeper look at our assessment process.
Pricing 20%
In putting together this guide, we aimed to include software with feature sets that went beyond the expected. Such added features included HR functions and capabilities, reporting, employee portals, multiple payment format optionscheck and direct depositdeduction management and unexpected security features, such as biometric face recognition.
Additionally, as we assessed the free plans features and functionality, we paid close attention to the limitations the free plans imposed on small businesses. The limitations assessed included the number of employees the software would allow businesses to pay or even maximum and minimum amounts businesses could pay each employee to qualify for free software usage. We weighted pricing at 20% of our total score.
Features 30%
We worked to uncover plans that were truly free without extra fees for essential features. We also looked for plans with nice-to-have add-ons that users could take advantage of as their budgets permit. The essential general features we looked for included having a self-service employee portal and offering contractor payments. Other good-to-have features included new hire onboarding. third-party integrations, ledger reports and other reporting and analytics offerings.
In ranking the top free payroll software, we prioritized the providers that offered paid, more full-featured plans so freelancers, startups and small businesses can start with the free plan, then advance to plans that fit their needs as they grow. Features accounted for 30% of our final score.
Third-Party Reviews 15%
As we chose providers for this guide, we listened attentively to what customers who have and are using the software had to say about it. Namely, we looked at what software features, capabilities or services met their needsor, better yet, delighted themand which inherent bottlenecks kept customers from meeting business goals. These accounted for 15% of the total score.
Expert Analysis 35%
Using our market research and close scrutiny of the categories listed above, we also ranked additional criteria from customer reviews, such as any detailed or stand-out features, popularity, ease of use and value for the money. Altogether, these criteria made up 35% of the total score.
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Best Free Payroll Software In India 2023 Forbes Advisor INDIA - Forbes
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