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What is Paywhiz?

Paywhiz is a versatile payroll management solution that adeptly manages both employee salaries and tax obligations. It enables systematic organization and monthly storage of payroll data for each employee, facilitating straightforward access and oversight. Users enjoy considerable customization options to define their own additions and deductions, employing constants, variables, or formulas to suit their specific needs. The system offers extensive support for PF, ESIC, and PT modules, alongside robust reporting features that encompass TDS Estimation, Salary Statements, Form 16, and Form 24, all of which can be submitted electronically through Paywhiz Professional. This software is adopted by a diverse array of organizations, such as banks, multinational companies, BPOs, SMEs, educational institutions, and large enterprises, illustrating its broad usability. Moreover, it provides various formats for payroll registers and includes an XLS export option for enhanced data manipulation. Users can conveniently modify individual payroll entries to rectify any errors, while also covering all aspects of PF, ESIC, the Labour Welfare Fund, and the PT module. In addition, Paywhiz has incorporated the latest electronic challan cum return (ECR) file format tailored for employers, thus improving its functionality and adherence to regulatory requirements. Not only does this reinforce the software's capability, but it also reflects its commitment to staying updated with the latest compliance standards in payroll processing.

What is Payloom?

Payloom is an online payroll management solution tailored specifically for small businesses in Pakistan, addressing the needs of HR and finance teams tasked with managing monthly salary payments. This platform simplifies the oversight of employee data and salary specifics while enabling accurate payroll calculations, timely processing of monthly payments, and the creation of payslips and bank-payment sheets for various payment options like IFT, IBFT, cheques, and cash. Designed with the distinct requirements of the Pakistani market in mind, Payloom features FBR income tax forecasts for the July to June fiscal year, management of EOBI and provident funds, pro-rating capabilities, departmental structuring, an activity log, and comprehensive tax deduction reports. Furthermore, the application empowers teams to personalize payslip templates, track payroll changes, secure finalized payroll periods, and print payslips as required. To support small businesses with up to five employees, Payloom offers a free plan, ensuring accessibility for both startups and expanding companies. This approach guarantees that even the tiniest enterprises can manage their payroll efficiently while avoiding extra expenses, fostering smoother financial operations and employee satisfaction. Ultimately, Payloom not only enhances payroll efficiency but also contributes to the overall growth and stability of small businesses in the region.

Media

Media

No images available

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$0
The Free plan is $0 forever for up to 5 employees and 1 user. Starter is $11/month for up to 25 employees, Growth is $29/month for up to 100 employees, and Business is $72/month for unlimited employees. Prices are in USD and cover the whole company. Annual billing saves 10% on paid plans.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

Sinewave

Date Founded

1985

Company Location

India

Company Website

sinewave.co.in/paywhiz-payroll-software/

Company Facts

Organization Name

1001 ToolBox

Company Location

Pakistan

Company Website

payloom.1001toolbox.com

Categories and Features

Payroll

Not specified

Categories and Features

Payroll

Not specified

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