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