Who Uses This Software?
We are built for any small business set up in India. Experience payroll that runs itself automagically. Just set up your account, and we'll take care of the rest, without you lifting a finger.
Average Ratings15 reviews
- Overall 4.8 / 5
- Ease of Use 4.7 / 5
- Customer Service 4.9 / 5
- Features 4.5 / 5
- Value for Money 4.8 / 5
- Starting Price US$2.00/month
- Free Version No
- Free Trial Yes
Cloud, SaaS, Web
- Opfin Software
- Founded 2017
Running a business in India is hard. Our ever-changing regulations, unending bureaucracy, and obscure tax laws mean that even small firms need full-time accountants just to keep up with it all. Even a task as simple as payroll becomes a dreadful endeavour because both businesses and employees dont have access to tools that can help streamline the process.
Thats where we come in. Opfin is built by a team of accountants, developers, and designers, familiar with the pain of running small business.
Opfin Most Helpful Reviews
Reviewed on 16/04/2019
Underpromises and Overdelivers - By a huge margin.
Every founder needs to be on top of the finances for as long as possible (before hiring an accounts guy). Opfin can help do the same without taking hours and hours of efforts in reviewing and approving. Over 5 years we have experimented with multiple softwares and processes to make things easy for our team (to execute things) AND for us (to keep a tab). Opfin has solved this by making it faster and simpler. Today, my time input to handle all of the below (with some analysis) is hardly 4-5 hours a month.
PAYROLL - After understanding the product, I committed myself to Opfin at the beginning of the last financial year (April 2018) for payroll processing. Took some time to understand the working of Imprest and Advance Salaries so have to review the Tax Forms as I did some transactions for the employees directly from my other bank account.
TIP: Make sure all your employee-related transactions pass through Opfin and closing your annual accounts will be a breeze. REIMBURSEMENTS - Started using full-time from September 2018 onwards. If there is imprest outstanding, it can directly get deducted from the salary so the onus is on the employees to file before payroll day. Wish I had started earlier because still consolidating accounts for Pre-Opfin days. ATTENDANCE - Soft usage began in January 2019. From April 2019 (15 days till the time of writing), implementing a flexi-timing policy across locations. Geo-tags help audit the non-compliant guys faster.
a) Automated filing of TDS, ESIC and PF (India specific) - they were a pain to do when I had to do them.
b) Fast loading of reimbursements helps run through them without an additional resource monitoring it.
c) GPS tags in attendance are perfect for passive monitoring. Haven't used their attendance machines yet.
d) Payroll is super-simplified
a) For a new user, the simplified nature of the product as compared to other payroll products might take some getting used to - apprehensions being "if it is this simple, they must be missing some (compliances)"
Needs to be sorted with a good Self Help section.
b) You need to transfer money to their account for reimbursements and payroll. Again, a concern that goes away with time but will be a point of concern, especially for bigger payrolls.
Reviewed on 30/04/2019
A great help from the experts in HR/Accounts department
HR related tasks like - Payroll payments, TDS Payments, Contractor payments.
Along with employee attendance management and salary slip computation.
Pros: The software is fantastic for a startup domain and for big companies as well. Our company is a startup for Software solutions and experts in Construction CRM and integration and have a good handle on technology, finding a solution that perfectly caters to all our needs was next to impossible, but luckily we found Opfin. Their solution takes all the complexity out and makes all HR/TDS related tasks a breeze. Their auto-pilot for payroll execution is fantastic. Their product support is extremely knowledgeable and their head, himself makes sure all questions are answered to our content.
Cons: Does not have any native apps for iOS, which will make it easier to keep a tap on the attendance of the employees on the go.
Reviewed on 30/04/2019
Simple and Effective
Payroll processing has become quite easy.
Reimbursements are more accountable and takes far less time to process and track.
Attendance marking system is an advantage for a team like us which is located in multiple cities and have field work.
Pros: Opfin has just enough features to make accounting and people management easy. Attendance and reimbursement sections are the ones we use most frequently. Earlier, we used to handle reimbursements through excel sheets or emails, which made the whole process messy. With opfin, the work is far easier for admins and for employees, they know exactly what to track and when they get their reimbursements done. Also, PF + ESI filing is done quite easily in Opfin, which is quite useful for a business like us, which engages tradesmen.
Cons: An app would be quite useful to mark daily attendance without having to login every time we want to use it.
Reviewed on 19/04/2019
A boon to any business, making payroll trivial and automated
Comments: For ReStok, we needed something that would reduce the amount of time I or someone else would spend processing payroll, calculating tax and regulatory compliance, making the actual filings with the government, disbursing salaries and more. Opfin solves all of these
* Opfin is super easy to setup, just needing a csv to get started
* Allows users and employees to manage and update their own profiles, documents, tax standards
* The team behind Opfin is super responsive, adding multiple features within a day of requesting, with a crystal focus on making the software as easy to use and manage as possible
* Works without fail and errors, which is super important for something dealing with money & accounts.
* Solves all the most painful part of payroll, from attendance, leave to disbursement, regulatory filings (TDS, Professional Tax, etc).
* UI can be slightly complex
* Terminology, and getting started figuring out how to setup your company and accounts will require some exploration, or talking with the super helpful customer support
Reviewed on 19/04/2019
Perfect Payroll Solution for our business
Comments: We was a startup company back in October 2018 whereas we were searching for someone who can assist us on the Payroll Handling. Opfin came in at the right time to solve all the needs and really made our life easy. Very supportive team and all requirements are taken care of immediately with any delays regardless of the size of our company. Hope that we continue the relationship with Opfin on a long term.!!!
Pros: Ease of Navigation, Simple UI that everyone can easily understand and much more...
Cons: Nothing we would dislike as of now. All good