Are you looking for the Payroll software price in Bangladesh? It’s all here, and we’re sharing it with you. Processing a company’s payroll entails calculating wages, taxes, and regulatory components. That takes labor, time, and a lot of paperwork. Technology integration into the business process recently made payroll processing a matter of time.
However, there is a misconception that big organizations can only afford this software. That’s not true if you haven’t met the Jibika Plexus yet. This article is about educating you about Bangladesh’s HR Payroll software price. We aim to disperse this myth and encourage small companies to use payroll software to tackle traditional difficulties.
By adopting such solutions from the beginning, businesses can easily handle their payroll work. Here, we’ll review several key signs indicating why your company should start using payroll software.
The Importance of Payroll Software in Bangladesh
Payroll is a crucial service that allows a firm to make accurate employee payments. It encompasses everything related to the distribution of salaries through bank deposits, checks, and other forms of payment.
Payroll also entails keeping track of the payments given to workers and the taxes paid by the company. It helps determine employees’ yearly pay at the fiscal year’s conclusion. Here you go with the other important topic:
Salary Information Generation
Thanks to online payroll software, generating salary information has never been easier. This program can handle everything from preparing pay sheets to yearly bonuses and leave sheets. A non-accountant can now manage salary data and produce an accurate datasheet.
Once you enter the necessary information, the software will produce several salary sheets. You can keep track of all salary transactions for all employees. You can also make a balance between any pay deduction, procedure, bank sheet, and other payroll details.
Time & Cost Management
All compliance-related documentation and reports will be prepared with minimal effort using the amazing payroll features. It is no longer necessary to spend weeks preparing reports. This web-based payroll solution includes everything you’ll need to handle payroll-related tasks.
Regular updates and notifications
Payroll software helps you with regular updates and notifications to make yourself aware of the regular payroll work. If any document change is necessary or salary due dates are coming, this software will assist you with remembering those critical dates. As a result, you will constantly be aware of the many chores that must be completed. You’ll always have the most up-to-date and accurate information with rapid updates.
Payslip Generation
This innovative software will assist you in generating payslips containing all applicable taxes and allowances/benefits calculations. As a consequence, creating payslips for all of the employees is now a snap. Those payslips are also printable for easy access.
Payroll Report Generation
You can create any report in under a minute using the Payroll software. Such software has over 100+ reporting templates that can be used to generate any payroll report. Such as:
- Compliance Salary sheet
- Pay Slip
- Salary Envelop
- Salary Denomination
- Extra OT Sheet
- Eid Bonus Sheet
- Punitive Deduction Report
Expense management
Payroll Software provides a complete expense management solution. It offers solutions by handling various expenses, advances, loans, staff costs, and other incidental charges. This software lets you track your company’s spending and keeps you up to date.
Data Backup Support
This incredible payroll software safeguards all of your essential payroll data. You don’t have to worry about losing data by mistake because everything will be stored automatically and manually. And just by that, payroll software rescues you from any critical circumstances.
Fully Customizable
This software allows you to personalize any parameter to meet your business needs. You will have complete freedom to configure the payroll program, which will expedite your work and save you significant time.
Payroll software price in Bangladesh
Various factors influence the price of payroll software. Although various vendors share different pricing schemes, they all follow through with similar features. Some companies charge based on the number of users, while others charge based on the volume of invoices or quotations submitted.
Consider the following aspects when looking for Payroll Software Prices in Bangladesh:
- Free trial
- Subscription every month
- Pricing per user
- Pricing depends on quotes
- Software bundle
What is the Jibika Plexus Payroll software price in Bangladesh?
Jibika Plexus Payroll Software is crafted to build a better workplace. With it, you can spend less time processing payroll for your employees and more time expanding your company.
This software offers simple pricing with extensive features. The pricing of Payroll Software is defined based on your company size, employee number, AMC (Annual Maintenance Contract) with cloud service, and so on. Here’s sharing a pricing sample for your understanding.
| Payroll Software usage description | Total Unit | Per unit price/month | Total Price (in BDT) |
|---|---|---|---|
| Single-unit Multi-user (Corporate Edition) |
1 | Tk.2,00,000/- | For a limited period, there is a special free offer running. |
| Software Implementation Charge | — | Tk. 50,000/- | Tk. 50,000/- |
| Support Service Charge (AMC) without Cloud service |
Monthly Tk.7,000/- | Tk.42,000/- | |
| After 6 months AMC | Monthly Tk.5,000/- | Tk.5,000/- | |
| Total Payroll Software price | Tk. 92, 0000/- | ||
Annual Maintenance Contract Service Charge List
| Number of Employee | Only Monthly (AMC) | Monthly (AMC) with Cloud Service |
|---|---|---|
| 1 to 100 | Tk. 5000 | Tk. 8000 |
| 101 to 200 | Tk. 6000 | Tk. 9000 |
| 201 to 300 | Tk. 7000 | Tk. 10000 |
| 301 to 400 | Tk. 8000 | Tk. 11000 |
| 401 to 500 | Tk. 9000 | Tk. 12000 |
Jibika Plexus offers Payroll software that is simple to use and economical. We’ve developed a unique strategy for implementing the program in your business, which is why we have the highest rate of software implementation success. We require a key individual (Administrator) from your side to assist us in effectively implementing the program. This software integration process is also straightforward.
So, what are the steps?
- Work Order
- Software Installation
- Attendance Device Setup
- Data Entry Process
- Initial Software Training
- Attendance Device Training
- Advance Training
- Policy Customization
- Payroll Customization
- Report Customization
- Fine-tuning
- Software improvements
- Welcome for any help
Final Verdict
Finding the right solution shouldn’t be difficult if you’re looking for payroll software for the first time or need to replace your current system. If you’re a small business, free platforms will give you all you need without breaking the bank. Scalability should be a priority for developing enterprises.
Monthly subscription-based solutions are perfect for small businesses since they allow them to add services as needed. Lastly, Jibika Plexus highlighted the best pricing models for large to small organizations, as they are flexible and offer additional services that every business wants.
