Top 10 Payroll Software With Auto-Generated Payslips in India for 2026

In today’s fast-paced business environment, efficient payroll management is crucial for small to medium enterprises (SMEs) and large organizations alike. Manual payroll processes are prone to errors, time-consuming, and often lead to compliance issues with Indian statutory laws such as TDS, PF, ESI, and professional tax. This is where modern payroll management software comes into play, offering automation, accurate salary calculations, tax deductions, and auto-generated payslips to streamline operations.

According to recent payroll statistics, around 67% of Indian companies used payroll automation software in 2024, with experts predicting this figure to rise to more than 85% by 2025. This shift is driven by the need to reduce errors, save time, ensure statutory compliance, and provide employee self-service portals for accessing salary slips and leave balances. Cloud-based online payroll software has become particularly popular among Indian companies, from startups to large enterprises, due to its scalability, cost-effectiveness, and seamless integrations with HR systems, attendance tracking, and accounting software.

Why Choose Payroll Software with Auto-Generated Payslips?

Auto-generated payslips are a game-changer in payroll processing. They provide employees with instant access to salary details, including gross-to-net computations, deductions, bonuses, overtime, and reimbursements. This feature enhances employee trust and satisfaction through transparency and timely payments. Additionally, it supports paperless onboarding, compliance automation, and customizable reports for better decision-making and financial clarity.

Key benefits of the best all-in-one payroll systems include:

• Automation of repetitive tasks: Accurate wage calculation, tax calculations, and payment disbursement.
• Compliance with Indian labor laws: Automatic updates for PF, ESI, TDS, and professional tax.
• Employee self-service portals: Access to payslips, tax forms, and leave integration via mobile apps.
• Integrations: Seamless data flow with attendance, HRMS, ERP, and banking platforms.
• Reporting and analytics: Custom reports for payroll, compliance, and cost optimization.
• Support for niche use cases: Hourly worker tracking, gig economy payroll, multi-state tax compliance, and support for interns/contractors.

For small business payroll systems and enterprise businesses, these tools reduce manual errors, ensure data security with encryption and role-based access, and support growing needs like multi-location payroll and international payments.

Now, let’s dive into the top 10 payroll software options in India that excel in auto-generated payslips and comprehensive payroll processing.

1. Salarybox

Salarybox stands out as a leading payroll automation software tailored for SMEs and startups in India. It combines robust payroll management with attendance tracking and HR features, making it an ideal payroll system for businesses handling field workers or remote teams.

Pros:

• Excellent biometric and mobile attendance integration for accurate real-time tracking.
• User-friendly mobile app with WhatsApp payslip delivery and employee self-service portal.
• Automated statutory calculations (PF, TDS, ESI, gratuity, professional tax) ensuring 100% compliance with Indian regulations.
• Affordable and scalable, perfect for small to medium enterprises with growing needs.
• AI-powered insights and seamless onboarding procedure.

Cons:

• Primarily focused on Indian market features, which makes it highly specialized for local compliance needs.

2. greytHR

greytHR is a veteran in the Indian payroll space, offering a comprehensive cloud-based HRMS suite with strong emphasis on payroll and compliance.

Pros:

• Rock-solid statutory compliance and quick report generation.
• Extensive integrations and customizable payroll structures.
• Employee self-service portal and mobile access for payslips and leave management.
• Trusted by thousands for accuracy in multi-state operations.
• Strong support and regular compliance updates.

Cons:

• Interfaces can feel slightly dated compared to newer tools.
• Pricing may be higher for very small teams.

3. RazorpayX Payroll

RazorpayX Payroll is known for its fully automated compliance and seamless banking integrations, making it a top choice for startups.

Pros:

• Only platform that automates payment and filing of TDS, PF, PT, and ESIC.
• Fast payroll in 3 clicks with direct deposits and custom workflows.
• Employee portal for reimbursements and payslips via WhatsApp.
• Strong integrations with HRMS and accounting tools.
• Excellent for contractor and vendor payments.

Cons:

• Limited advanced HR features beyond payroll.
• Can be pricey for smaller teams without volume.

4. Zoho Payroll

Part of the Zoho ecosystem, Zoho Payroll is a straightforward, compliant solution for Indian businesses.

Pros:

• Seamless integration with Zoho Books and other Zoho apps.
• Automatic tax forms (Form 16, 24Q) and direct bank payments.
• Employee self-service for declarations and payslip access.
• Flexible for multiple salary structures and regional compliance.
• Affordable with good mobile support.

Cons:

• Lacks native advanced attendance or performance management.
• Customization for complex structures may require add-ons.

5. Keka

Keka is an employee-centric payroll and HRMS platform popular for its modern interface.

Pros:

• User-friendly with GPS and biometric attendance.
• One-click payroll and SMS/digital payslip release.
• Strong performance management and engagement tools.
• Scalable for mid-sized companies with remote teams.
• Good analytics and custom workflows.

Cons:

• Can be expensive for larger enterprises.
• Occasional mobile app glitches reported.

6. Paybooks

Paybooks focuses on simplicity and compliance for Indian payroll needs.

Pros:

• Intuitive interface with automated payslips and compliance reports.
• Employee self-service portal and mobile access.
• Good for statutory filings and reimbursements.
• Reliable support and easy setup.
• Cost-effective for SMEs.

Cons:

• Limited advanced analytics compared to full HRMS suites.
• Integration options could be broader.

7. HRMantra

HRMantra is a feature-rich HCM suite with deep payroll customization.

Pros:

• Highly configurable with 33+ formula builders for complex policies.
• Comprehensive from hire-to-retire, including assets and projects.
• Mobile app and strong reporting.
• Handles large enterprises well.
• Saves significant time on transactional tasks.

Cons:

• Initial setup can be complex due to extensive features.
• Support response times vary.

8. Spine Payroll

Spine Payroll offers a modular, flexible approach to payroll and HR.

Pros:

• User-friendly with strong self-service and report generation.
• Automated full & final settlements and tax projections.
• Good for digitalizing payroll and compliance.
• Integrates well with biometric systems.
• Reduces manual intervention effectively.

Cons:

• The interface feels somewhat outdated.
• Limited in very advanced AI features.

9. sumHR

sumHR is a lightweight, affordable option for small teams.

Pros:

• Quick payroll processing and attendance integration.
• Employee portal for payslips and feedback.
• Easy shift management and leave tracking.
• Cost-effective with mobile access.
• Simple for startups.

Cons:

• Lacks depth in advanced reporting and analytics.
• Occasional bugs in integrations.

10. Pocket HRMS

Pocket HRMS brings AI-driven features to payroll and HR.

Pros:

• smHRt Payroll with machine learning for error detection.
• Chatbot for queries and contactless attendance.
• Strong onboarding and performance tools.
• WhatsApp payslip delivery and bulk processing.
• Excellent for scalability and security.

Cons:

• Pricing per employee can add up for large teams.
• Some users report minor UI navigation issues.

Conclusion

Choosing the right payroll software in India depends on your business size, complexity of payroll structure, and need for integrations. Tools like Salarybox excel for SMEs with field workers, while greytHR and Keka suit growing mid-sized firms. Prioritize features like auto-generated payslips, compliance automation, and mobile apps to ensure efficient payroll management, timely payments, and employee satisfaction.

Investing in these advanced payroll systems not only saves time and reduces errors but also helps avoid costly compliance issues in a dynamic regulatory landscape.

FAQs

1. What is the best payroll software for small businesses in India?

Salarybox is highly recommended for SMEs due to their affordability, ease of use, and strong compliance features.

2. How does auto-generated payslips benefit employees?

Employees get instant, secure access to detailed salary slips via portals or apps, promoting transparency and reducing HR queries.

3. Is payroll software compliant with Indian tax laws?

Yes, top tools like Salarybox automatically update for TDS, PF, ESI, and other statutory requirements.

4. Can payroll software handle multi-state compliance?

Most featured software supports multi-location and multi-state tax compliance, ideal for expanding businesses.

5. What are the key features to look for in payroll software?

Prioritize automation, integrations, employee self-service, reporting, mobile access, and statutory compliance updates.

6. Is free payroll software available in India?

Some offer free trials or basic plans, but paid versions provide full compliance and features for reliable use.

7. How secure is cloud-based payroll software?

Reputable tools use encryption, role-based access, and regular backups for high data security.