Paybooks
Compare Paybooks to QuickBooks Payroll, Aruti, and Gusto. Includes a detailed review of Paybooks, pricing information, and answers to common questions.
Updated on July 18th, 2022
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Updates:
Updated 22nd of November 2021
We updated the review format and added comparisons to QuickBooks Payroll, Aruti, and Gusto.
Paybooks is a comprehensive HR and payroll software created to simplify and manage payroll processes of India-based businesses. In addition to providing management with tools to help oversee payroll, the software also functions as a self-service app for personnel.
Pricing:
Plan | Monthly Pricing For Up To 30 Employees | Monthly Pricing For Each Additional Employee |
|---|---|---|
Regular Plan | ₹2,999.00* | ₹50.00 |
Premium Plan | ₹4,999.00* | ₹75.00 |
*Paybooks charges a one-off setup fee equivalent to one month's billing or ₹5,000.00, whichever is higher.
Review:
Paybooks is a cost-effective payroll software that is easy to use and packed with key features, such as automated taxes, compliance management, and automatic payments. However, the software is designed for businesses in India and does not feature an international version. U.S. businesses are better served with options such as Gusto or TriNet Zenefits.
Pros:
- Paybooks offers a 30-day free trial.
- The software supports professional tax calculations for all states in India.
- A range of automated features, including auto-generated salary slips, offer additional convenience.
- Employees can use the self-service app to view their payslips, salary reports, and Form 16.
- Customer support channels include an online helpdesk, live chat, phone, and email support.
Cons:
- The software is only suitable for businesses in India.
- The monthly pricing is increased by 10% after the first year.
Reputation:
On G2, Paybooks has more than 10 reviews and a rating of 4.5 out of 5 stars. While most reviewers found the platform to be user-friendly and cost-effective, some thought there is room for improvement when it comes to accessing the software via mobile devices.
At-a-Glance:
Feature | Paybooks |
|---|---|
Automated taxes | ✓ |
W2 and 1099 form preparation | x |
Expense management | ✓ |
Direct deposit | ✓ |
Leave management | ✓ |
Document management | ✓ |
Employee self-service portal | ✓ |
Lifetime accounts | x |
Customer support | Online help desk, live chat, phone, and email. |
Paybooks vs. QuickBooks Payroll:
Unlike Paybooks, QuickBooks Payroll offers payroll solutions for multiple countries. While Paybooks is more affordable than QuickBooks Payroll, it is not an option for businesses outside of India. For U.S. businesses, QuickBooks Payroll offers a great selection of features and automated tools for processing payroll fast.
Paybooks vs. QuickBooks Payroll Comparison:
Feature | Paybooks | QuickBooks Payroll |
|---|---|---|
Starting price✓ | ₹2,999.00 /mo. | $45.00 (base fee) + $4.00 /employee /mo. |
Automated taxes | ✓ | ✓ |
Compliance management | ✓ | x |
W2 and 1099 form preparation | x | ✓ |
Time tracking | ✓ | ✓ |
Mobile access | ✓ | ✓ |
Paybooks vs. Aruti:
Unlike Paybooks, which is designed for businesses in India only, Aruti offers global payroll software solutions. Both service providers offer a fairly extensive range of payroll features as well as human resources management tools, including a convenient employee self-service portal.
Paybooks vs. Aruti Comparison:
Feature | Paybooks | Aruti |
|---|---|---|
Starting price | ₹2,999.00 /mo. | Contact for quote. |
Automated taxes | ✓ | ✓ |
Expense management | ✓ | ✓ |
W2 and 1099 form preparation | x | x |
Time tracking | ✓ | ✓ |
Mobile access | ✓ | ✓ |
Paybooks vs. Gusto:
While Paybooks is designed specifically for businesses in India, Gusto is a payroll software developed for the U.S. market. However, unlike Paybooks, Gusto offers the ability to process payroll for contractors located outside the U.S. Both platforms offer a 30-day free trial of their software.
Paybooks vs. Gusto Comparison:
Feature | Paybooks | Gusto |
|---|---|---|
Starting price | ₹2,999.00 /mo. | $40.00 /mo. + $6.00 /mo. /employee. |
Automated taxes | ✓ | ✓ |
Expense management | ✓ | ✓ |
W2 and 1099 form preparation | x | ✓ |
Time tracking | ✓ | ✓ |
Mobile access | ✓ | ✓ |
Key Information:
Legal Name | Paybooks Technologies India Private Ltd. |
Founder | |
Founding Date | Jan 01, 2012 |
Address | 2nd Fl., Samrah Plaza, St. Marks Rd., Shanthala Nagar, Ashok Nagar, Bengaluru, Karnataka, India 560001 |
Number of Employees | 100 |
Number of Customers | 3000 |
Telephone | |
Website |
FAQs:
What is Paybooks?
Paybooks is a comprehensive payroll software used to manage payroll processes of India-based businesses.
What does Paybooks cost?
Paybooks' pricing starts at ₹2,999.00 per month.
Is there a Paybooks free trial?
Yes, Paybooks offers a 30-day free trial.