Excelity Global, a payroll service provider, recently announced the launch of ezpayroll, a SaaS based payroll solution specifically targeted at SMEs and start-ups in India. Priced from 9.99 ₹, ezpayroll addresses the entire gamut of modern and complex payroll needs of SMEs to ease the administrative burdens associated with payroll processing, government-related compliance and scaling up with growing needs while at the same time providing employees with Tax saving options. Excelity’s ezpayroll truly creates a frictionless experience where every employee will benefit, now.
SMEs play a pivotal role to country’s economic growth. India has more than 51 million small-to-medium sized enterprises where they provide employment to around 120 million persons. In 2017, SMEs are expected to create the bulk of employment and are estimated to add over 1.3 million jobs per year.
Sumit Sabharwal, Managing Director (India & SAARC), Excelity Global said, “Our ezpayroll will provide cloud based, easy to use, workforce management solutions and employee self-service benefits such as meal vouchers and medical reimbursements that will allow businesses to save time, money and gain control of their workforce by ensuring all areas of their staff administration is fully streamlined for efficiency and effectiveness.”
“Our ezpayroll, is first launched in India, and over the next quarter will become available across Asia Pacific. Technology is a great enabler and organizations that combine HR and technology seamlessly, to create a frictionless experience. Typically such products and services have been available to large enterprises. With the launch of ezpayroll, we are bringing the benefits of professional HR management to small and medium enterprises that will allow them to scale with their employees, efficiently, seamlessly and cost effectively” said, Sudheer Noohu, Chief Platform and Technology Officer, Excelity Global.
“We are happy to announce the launch of ezpayroll Solution in India. Our ezpayroll reflects our deep and long-standing commitment in helping businesses to run better, grow faster and be more profitable. ezpayroll will eliminate inefficiencies that small companies typically have to deal with in terms of employee benefits and expense management process,” added Sabharwal.
Features of ezpayroll
- Standard and flexi payroll processing
- Self-to-do implementation and migration
- Full and final settlement – the capability to process ‘full and final’ for a single employee or multiple employees
- Payroll compliance updates available as quick notification
- Quarterly eTDS reports
- Other reports such as salary register, employee master, etc. and all statutory reports