23+ Payroll Software for Banking Industry

The banking industry has created opportunities and convenience for our finance and accounting needs. They perform important cash transactions that keepsake and grow our financial resources. This is among the industries that will stand the test of a lifetime, as its functions are essential to society. With this, it is essential to ensure that banking professionals get the compensation they deserve. This is where payroll software for the banking industry comes in handy.


Check on the full article to know more about this software, its benefits, its features, the top 10 software products available, and the answers to the commonly asked questions.

 

1. Keka

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Rating: 5/5

Price: FREE

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2. Pocket HRMS

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Rating: 4.8/5

Price: FREE

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3. Wallet HR

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Rating: 5/5

Price: Custom

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4. RazorpayX Payroll

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Rating: 4.7/5

Price: Custom

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5. Zimyo

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Rating: 5/5

Price: $0.67/month

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6. HROne

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Rating: 5/5

Price: Custom

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7. Qandle

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Rating: 4.8/5

Price: $33.15/month

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8. GreytHR

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Rating: 5/5

Price: FREE

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9. HRMantra

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Rating: 4.4/5

Price: Custom

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10. Akrivia HCM

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Rating: 5/5

Price: Custom

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11. Saral PayPack

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Rating: 5/5

Price: Custom

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12. SAN Payroll & HRMS Software

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Rating: 4.1/5

Price: Custom

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13. Zoho Payroll

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Rating: 4.8/5

Price: FREE

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14. Officekithr

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Rating: 5/5

Price: Custom

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15. 247HRM

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Rating: 4.9/5

Price: $45/month

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16. BatchMaster HeRd

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Rating: 5/5

Price: Custom

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17. Allsec Technologies

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Rating: 4.1/5

Price: Custom

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18. Timelabs Professional

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Rating: 5/5

Price: Custom

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19. Spine Payroll

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Rating: 4.6/5

Price: Custom

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20. EliteHRMS

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Rating: 4.8/5

Price: Custom

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21. PeopleWorks

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Rating: 4.7/5

Price: Custom

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22. ADP Vista HCM

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Rating: 4.7/5

Price: Custom

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23. HRMTHREAD

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Rating: 4/5

Price: Custom

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24. OpportuneHR

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Rating: 4.6/5

Price: Custom

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What is Payroll Software for Banking Industry?

Payroll is the compensation every employee gets from the institution they are working in. Payroll is commonly called salary, which is given to employees on a fixed time. A Payroll Software performs payroll needs. More specifically, a Payroll Software for Banking Industry manages and processes employee pay. This platform provides solutions that will make everything faster and more convenient. Using this software also provides tools that will automate, optimize and leverage operations.

Benefits

Payroll Software for Banking Industry helps take care, motivate, retain employees. This software provides ease for both institutions and employees as a system is in place for their payroll needs. This software saves time and spares employees from waiting time for their much-awaited salary. Using this software will also avoid human-made errors in calculations and other steps in the payroll process.

Features

Payroll Software for Banking Industry is equipped with tools, functionalities, and features that can maximize its use. This software includes, but is not limited to, tax management, human resource management, accounting and finance, compliance management, reporting and monitoring, and attendance checking.

More benefits and features are present in the list of software platforms below.

Top 10 Software

1. Keka

Building a great company is a walk in the park here at Keka. This software provides you with human resource solutions for your business. Keka is trusted by some of the world’s leading names like Razorpay, Hitachi, Oneplus, Toyota, upGrad, and One.com.

2. Pocket HRMS

Crowned as the best HR Payroll Software in India— Pocket HRMS. This software offers an interactive dashboard, smart payroll system, customizable reporting, and a remote-first approach.

3. Wallet HR

HCM Simplified here at Wallet HR. They are equipped with a wide range of features and solutions for your business. Wallet HR offers recruitment, Core-HR, employee dashboard, attendance management, leave management, organizational chart, HR analytics, and so much more.

4. RazorpayX Payroll

Payroll and compliance? RazorpayX Payroll is the platform to be. This software manages, pays, and insures employees. RazorpayX Payroll is built for startups and offers features on HR management software, one-click payroll processing, automated statutory compliance, leave management system, affordable group health insurance, and seamless slack integration.

5. Zimyo

Zimyo is the employee experience platform you need. This software offers a complete HRMS solution that includes employee engagement, recruitment & on-boarding, Core HR, payroll & expense management, performance management system, and time & attendance.

6. HROne

HROne offers easy and low-risk HR, payroll, and employment in China. This software offers you full compliance in hiring employees in China, an expert back-office team, data security you can trust, and a payroll management platform.

7. Qandle

The smart HR for the modern workplace— Quandle. This software allows onboarding, tracking, managing, working, developing, engaging, off-boarding, redressing, and analyzing to be in one place.

8. GreytHR

HR business tools to survive and thrive are here at GreytHR. GreytHR is great in payroll processing, statutory compliance, leave management, attendance management, employee lifecycle management, mobile app for employees, and support.

9. HRMantra

HRMantra is the place to be for any and every HR solution. They have offerings on HR Software, Payroll Software, performance management, learning management, recruitment management, travel & helpdesk, project management, and other HR solutions.

10. Akrivia HCM

Engage your human capital with Akrivia HCM! Hire, develop, retain your employees at one cloud. Akrivia HCM has many uses, these are security & privacy needs, self-service & ownership, dashboards, managing data & documents, viewing a complete picture, and calculating pay continuously.

FAQs

Who uses Payroll Software for Banking Industry?

Payroll Software for Banking Industry is used by the human resource department, payroll officers, accounting and finance staff, bank employees, and institutions.

Why is Payroll Software for Banking Industry important?

Employees work for a living, hence compensating them justly is an important matter. Payroll Software for Banking Industry performs and manages payroll needs. This software ensures that no errors and problems in the payroll processing.

Is Payroll Software for Banking Industry for free?

Payroll Software for Banking Industry is reasonably priced at different price points. Some offer free usage on their basic services, while others have a free trial offering at a fixed time.

 

 

Provide the proper compensation needs and benefits of your employees through Payroll Software for Banking Industry. Be sure to check on the full list to find out the best one for you.


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