PayFit

About PayFit

PayFit transforms the daunting task of payroll and employee management into a breeze for startups and SMEs. This intuitive, cloud-based solution handles everything from HMRC RTI submissions and payslips to managing employee leaves and expenses. With PayFit, there's no need to worry about the complexities of payroll calculations; it automatically determines pay variables, allowing to run payroll and generate payslips in just a few clicks. Imagine freeing up hours spent on manual payroll tasks to focus on growing the business instead. PayFit is designed to be user-friendly, making it easy for anyone to navigate, regardless of their technical expertise. Say goodbye to payroll hassles and hello to a streamlined, efficient process that ensures accuracy and compliance. Join the growing number of businesses that trust PayFit to simplify their payroll management and enhance their operational efficiency.

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Pricing

Free Trial Available
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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

95%
Reviews

72%
Momentum

64%
Popularity

74%

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)

API Support

Available

Modes of Support

Online

PayFit Awards

# 7 Fastest Growing Software Payroll Software
Q2 2024

PayFit Features

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Payroll Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

95%

Unique Features

Multi-country

Supports electronically transfer of payments to employees regardless of the country or state

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

401(k) Tracking

Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer.

Standard Features

Tax Filing

Allows the filing of payroll tax forms for federal, state, and local taxes.

Wage Garnishment

Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt

Leave Tracking (Vacation)

Assist in keeping track of leave and holidays for easing the payment calculation process

Self Service Portal

Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions

Direct Deposit

Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form

Deductions Management

Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance

Compensation Management

Manages employee compensation related data in an organized and automated manner

Check Printing

Allows previewing and printing standard and customized paychecks

Benefits Management

Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages.

Attendance Tracking

Helps to quickly and easily track the attendance

Multi-Currency

Enables payment and collection in multiple currencies.

EOR Services

Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services

W-2 Preparation

Helps electronically preparing the W-2 form that reveals the total gross income of an employee.

PayFit Pricing

Free Trial

Available

Pricing Options

Premium Plans ( Quotation Based / Subscription )

Pricing Plans

Light Others

£25 per Month*

£6 per Employee per Month + £19 Base fee

Faster payments: £1 per Employee per Month

Features

Core payroll
Bank file
Supported onboarding & video training
RTI submissions
Standard pensions
Help centre access

Standard Others

£75 per Month*

£6 per Employee per Month + £69 Base fee

Faster payments: £1 per Employee per Month

Features

Core payroll
Bank file
Supported onboarding & video training
RTI submissions
Standard pensions
Help centre access
HR features
Expenses
1-2-1 & performance review modules
Automated P11Ds
Access to CIPP payroll experts

Premium Others

£135 per Month*

£6 per Employee per Month + £129 Base fee

Faster payments: £1 per Employee per Month

Features

Core payroll
Bank file
Supported onboarding & video training
RTI submissions
Standard pensions
Help centre access
HR features
Expenses
1-2-1 & performance review modules
Automated P11Ds
Access to CIPP payroll experts
Non-standard pensions
Custom payroll journals
Managed P11Ds

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Disclaimer: The pricing details were last updated on 03/06/2024 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about PayFit Pricing.