FactoHR-Payroll Review: Is It The Right Payroll Software For Your Team?
Best for SMB teams · Mid-market · Enterprise
SOC 2Add to compare
FactoHR-Payroll offers custom pricing plan
Siemens
Wipro
Titan
Blue Dart
MurugappaTrusted by many companies including Siemens
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What is FactoHR-Payroll?
factoHR Payroll is a secure and comprehensive software designed to streamline payroll processing, payments, and compliance for businesses of all sizes. It ensures advanced data protection with encryption at rest and SOC Type 2-certified cloud storage. The platform offers flexibility through formula-based calculations, unlimited salary components, and customizable payslip formats. Seamless integration with HR modules, accounting software like Tally, QuickBooks, SAP, and banking systems enhances efficiency. Its mobile app and employee self-service portal provide convenient access to salary details, payslips, and tax information. FactoHR automates arrear calculations and statutory compliance, covering PF, ESIC, TDS, and professional tax. Performance-linked payroll connects compensation with employee KPIs and goals. Salary revisions, loan management, and EMI deductions are managed effortlessly in one system. The software offers over 200 pre-built reports and a configurable report builder for actionable insights. Overall, factoHR Payroll reduces processing time, improves accuracy, and supports effective workforce management.
Pricing
FactoHR-Payroll offers custom pricing plan
Best For
Suited for solo users, small teams, SMBs, and enterprise
Security & Compliance
SOC 2Data residency:🇺🇸
Platform
Web + mobile app (iOS & Android)
FactoHR-Payroll Software Demo
FactoHR-Payroll was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider FactoHR-Payroll
- Team types
- Large Enterprises, Medium Business
Why teams choose FactoHR-Payroll
Mobile app and self-service portal enhance employee accessibility and engagement.
Comprehensive statutory compliance support with automated reports and challans.
Seamless integration with accounting software, ERP systems, and banking platforms.
Is FactoHR-Payroll right for you?
What buyers should know before shortlisting FactoHR-Payroll
FactoHR Payroll stands out as a robust and secure payroll solution that simplifies processing and compliance tasks for businesses. I found its extensive features, such as formula-driven calculations, statutory compliance automation, and performance-linked payroll, highly efficient for streamlining complex operations.
The mobile app and self-service portal significantly improve accessibility for employees, while seamless integration with accounting software like Tally and QuickBooks adds to its versatility. Its strong data security and detailed reporting capabilities make it a reliable choice.
However, the platform’s rich functionalities may feel complex for smaller businesses, but overall, FactoHR Payroll delivers excellent value for scalable workforce management.
FactoHR-Payroll pros and cons
- FactoHR-Payroll pros
Mobile app and self-service portal enhance employee accessibility and engagement.
Comprehensive statutory compliance support with automated reports and challans.
Seamless integration with accounting software, ERP systems, and banking platforms.
- FactoHR-Payroll cons
Dependence on cloud infrastructure may concern companies preferring on-premise systems.
Performance-linked payroll requires proper KPI setup, which can be resource-intensive.
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Compare FactoHR-Payroll side-by-side with top Payroll Software alternatives.
What is the pricing of FactoHR-Payroll?
FactoHR-Payroll uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.
FactoHR-Payroll Pricing Plans
Core
Custom
Employee Onboarding :
Self-Onboarding
Joining Kit
Generate Letters via Templates
Document Management
Show more +
Premium
Custom
Everything in Core and
Travel Expense & Reimbursement :
Policy Configuration
Travel Application
Expense Claims
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Ultimate
Custom
Everything in Premium and
Performance :
Goals Management (KRA/KPI)
Performance Linked Payroll
Bell Curve Analysis
Show more +
FactoHR-Payroll reviews and ratings
What buyers like
- Mobile app and self-service portal enhance employee accessibility and engagement.
- Comprehensive statutory compliance support with automated reports and challans.
- Seamless integration with accounting software, ERP systems, and banking platforms.
Common complaints
- Dependence on cloud infrastructure may concern companies preferring on-premise systems.
- Performance-linked payroll requires proper KPI setup, which can be resource-intensive.
- Initial setup and configuration may require expert assistance due to complex features.
What are the features of FactoHR-Payroll?
The term "integrated accounting system" refers to a single accounting system in which cost and financial accounts are kept in the same set o…
Accounting management is a crucial aspect for any business, regardless of its size or industry. It involves managing and organizing financia…
Employee hours are tracked via Attendance Management. It's the system you use to track how much time your workers spend working and how much…
The word "attendance tracking" usually refers to employees being assigned to a certain "location" – an employee arrives at a location to acc…
Benefits management includes defining, preparing, analyzing, and monitoring benefits from starting a program or project investment until the…
Data backup is a crucial feature of any software that helps in safeguarding important information and preventing data loss. It is a process…
Data management involves efficiently overseeing, organizing, and optimizing crucial data. In compensation management software, this feature…
Deductions management is a software feature that helps businesses manage and track various types of deductions, such as discounts, rebates,…
A system or process for capturing, tracking and storing electronic documents such as PDFs, word processing files, and digital photographs of…
Employee management is a crucial aspect of any organization, as it involves the effective and efficient management of all the employees with…
Keeping track of your expenses is a crucial component of building a budget for your small business. The financial health of your budget is i…
Employee leave patterns are essential to monitoring the amount of paid leave, sick leave, and holiday trends within your company. Because au…
Loan management is a key feature of modern loan servicing software that allows financial institutions and organizations to effectively manag…
A marketing automation app for mobile devices is a software application that allows marketers to automate and manage marketing activities. T…
The process of welcoming new clients, ensuring that their inquiries and concerns are addressed, and delivering new products and services as…
Payment Processing is defined as providing a Person with the ability to charge or debit accounts using any payment mechanism, including but…
The process of paying salaries is referred to as payroll. It begins with preparing a payroll list and concludes with the recording of expens…
The payroll management process consists of a series of controlled processes completed in the same sequence each month to establish a payroll…
Reporting provides complete visibility of the project and a clear grasp of what has to be done to the on-site personnel. The reporting proce…
Reporting is the process of organizing data into informational summaries in order to track how various components of a business are performi…
A report is a type of writing that is organized around identifying and examining issues, events, or results that have occurred in the physic…
A self-service portal is a website or app that enables workers (or external clients for externally visible support providers) to help themse…
Tax Calculator is a versatile tool designed to assist individuals and businesses in accurately calculating their taxes. This software featur…
A tax is a governmental mandatory financial charge or levy imposed on a taxpayer to fund certain public expenses. The taxation system is cri…
Tax reports are a vital feature of any software that deals with financial transactions. It is a tool that helps businesses and individuals k…
Employees are tracked and monitored using time and attendance systems (TNA). An employer can track its employees' working hours and late arr…
The process of recording and tracking hours spent and expenses related to projects is known as time and expense. Multiple timesheet and expe…
Paid time off (PTO) is an employee leave program in which employees can draw from a leave bank (with a certain number of leaves) and be guar…
The time tracking feature is primarily used by businesses that bill customers based on the time it takes to resolve a problem. Staff can qui…
A timesheet is a physical or electronic tool that allows you to track and record your working hours. As an employer, this means you'll be ab…
FactoHR-Payroll security and data handling
Key compliance certifications and security features for IT and security teams evaluating FactoHR-Payroll.
Certifications
Security features
Developer & data
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FactoHR-Payroll Customers
Siemens
Wipro
Titan
Blue Dart
Murugappa
Asics
Nivea
Mercedes-Benz
Cycle
Bajaj
HITACHI
Zydus
Brose
TATA Steel BSL
Soch
FactoHR-Payroll Support Options
Frequently Asked Questions About FactoHR-Payroll
Common questions buyers ask before choosing FactoHR-Payroll.
FactoHR-Payroll is a Payroll Software. FactoHR-Payroll offers Payroll, Tax Management, Self Service Portal, Employee Management, Tax Calculator and many more functionalities.
Buyers commonly note the following limitations of FactoHR-Payroll: Dependence on cloud infrastructure may concern companies preferring on-premise systems.; Performance-linked payroll requires proper KPI setup, which can be resource-intensive.; Initial setup and configuration may require expert assistance due to complex features..
Some top alternatives to FactoHR-Payroll includes Patriot Payroll, Paychex Flex, Paycor, Paycom and JustLogin.
FactoHR-Payroll offers Quotation Based pricing model
The starting price is not disclosed by FactoHR-Payroll. You can visit FactoHR-Payroll pricing page to get the latest pricing.
Ready to try it?
Get started with FactoHR-Payroll
Get connected with the team for a personalised demo.
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Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].