Show HN: Automated payroll service for Indian startups(opfin.com)
opfin.com
Show HN: Automated payroll service for Indian startups
https://www.opfin.com
6 comments
Can you make it easy to get payments from other companies (the other end of vendor payments) ?
How are you different from Ramco?
Congrats on the launch!
A nitpick, you could say we charge 100 Rupees per employee for firms with less than XX employees and for other small, large business contact us for enterprise pricing.
Good Luck :)
A nitpick, you could say we charge 100 Rupees per employee for firms with less than XX employees and for other small, large business contact us for enterprise pricing.
Good Luck :)
Congratulations on Launch. My recommendation will be to make it free for companies less than 5 employees
Congratulations on the launch. Do you need a relationship with a specific bank?
[deleted]
There is plenty of software available in the Indian market to calculate payroll. Such software will typically output how much employees need to be paid, and other deductions like income tax, provident fund, professional tax, ESI etc. The execution is left up to the business owner.
Opfin's USP is that we _execute_ the entire payroll as well. So we pay all the employee's directly though bank transfers, and pay TDS, PF, PT, ESI on behalf of the company so that the company is entirely covered from all legal and compliance aspects.
Apart from basic payroll, we also take care of contractor and vendor payments, reimbursements, employee documents and leave & attendance.