RazorpayX Payroll vs Multiplier Comparison

78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

RazorpayX Payroll

Payroll Software

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89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Multiplier

Payroll Software

4.8 1,221 user ratings

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Overview

Description

RazorPayX Payroll, formerly Opfin is a payroll management software platform with automated compliances that enables you to calculate payroll and distribute wages to your employees with just a few clicks. It automates TDS, PF, ESI, PT, and other compliance payments and filings to ease up your job of online payroll management. With RazorPayX Payroll, you can pay your workers' pay straight into their bank accounts. It offers simple tools like the TC calculator and the offer letter generator that help you manage your staff from onboarding until leave. Employees can use the platform’s self-serve interface to get pay stubs, make tax declarations, and manage their leaves. The platform handles everything related to compliance, from registration to payments to ESI return files. You can set a payroll date for your workers and watch them get paid on time. RazorpayX Payroll offers real-time attendance monitoring and leave management through APIs, biometric devices, or a website along with automated CC bifurcation into special allowance, HRA, basic and other categories. Additionally, you can view payslips, declare investments, and request payments with this platform. Read more

A comprehensive platform to take care of your global teams’ payroll, taxes, social contributions & local insurance policies. Enter into new markets, fast-track growth and avoid the hassle of incorporating a new entity. Get employment contracts that thoroughly comply with local laws. Onboard, pay and manage your international employees from a single platform. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Not Available
Starts at $40.0. Offers Custom plan.

SW Score & Breakdown

78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. 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

83%
Reviews

60%
Momentum

64%
Popularity

67%

89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. 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

99%
Reviews

77%
Momentum

66%
Popularity

75%

Features

Total Features	8 Features	16 Features
Common Features for All	Attendance Tracking Helps to quickly and easily track the attendance Benefits Management Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages. Check Printing Allows previewing and printing standard and customized paychecks Compensation Management Manages employee compensation related data in an organized and automated manner Deductions Management Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance Direct Deposit Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form EOR Services Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services Leave Tracking (Vacation) Assist in keeping track of leave and holidays for easing the payment calculation process Multi-Currency Enables payment and collection in multiple currencies. 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 Tax Filing Allows the filing of payroll tax forms for federal, state, and local taxes. W-2 Preparation Helps electronically preparing the W-2 form that reveals the total gross income of an employee. Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt + 4 More - Show Less	Attendance Tracking Helps to quickly and easily track the attendance Benefits Management Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages. Check Printing Allows previewing and printing standard and customized paychecks Compensation Management Manages employee compensation related data in an organized and automated manner Deductions Management Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance Direct Deposit Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form EOR Services Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services Leave Tracking (Vacation) Assist in keeping track of leave and holidays for easing the payment calculation process Multi-Currency Enables payment and collection in multiple currencies. 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 Tax Filing Allows the filing of payroll tax forms for federal, state, and local taxes. W-2 Preparation Helps electronically preparing the W-2 form that reveals the total gross income of an employee. Wage Garnishment Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt + 10 More - Show Less
Unique Features	401(k) Tracking Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer. 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. 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

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	24/7 (Live rep) Online	24/7 (Live rep) Online
API Support	Available	NA

Reviews & Ratings

User Rating	Not Available	4.8/5 1,221 user ratings
Rating Distribution	Not Available	Excellent 85.1% Very Good 12.3% Average 1.1% Poor 0.1% Terrible 1.5%
Review Summary	Not Available	User reviews of Multiplier highlight its exceptional customer support, with frequent praise for the responsiveness and helpfulness of agents, particularly Cee Jhay, Christopher, Sherwin, and Aysh. Users appreciate the platform's ease of use for onboarding and managing payroll, but some have experienced occasional issues with payment processing speed and contract flexibility. Several users note Multiplier's value for hiring international talent, simplifying payroll and tax compliance in countries where they lack a physical presence. However, some users mention concerns about limited features, such as the inability to modify offer letters or manage multiple bank accounts.
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Starts at $40.0. Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Prime Others Elite Others Enterprise Custom	Employer of Record $400.00 $400.00 per month Independent Contractors $40.00 $40.00 per month Global Payroll Custom Immigration Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

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