About Payroll OnDemand
Payroll OnDemand was a Financial Services company based in Delhi (India) founded in 2016 by Hidayat Ali. It offers cloud-based payroll management solutions for businesses. It operates on a B2B model. Its Indian entity Hr Software Solutions Private Limited reported revenue of ₹82.5 Lakh. The company is recorded as dissolved. Its focus areas include Payroll Management, Software Solutions and Cloud-Based Platforms. Similar companies include Gusto, Payflow, Paylocity, Justworks and Earnin and 5 more; 9 of its 10 listed similar companies have raised funding.
Company details
Payroll OnDemand offers cloud-based payroll management solutions for businesses through offering financial products and advice, managing payroll, providing software for education, and cloud-based platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- Founders Hidayat Ali
- SectorsFinancial Services
- Website payrollondemand.in
- Legal Name Hr Software Solutions Pvt. Ltd.
- Date of Incorporation 21 May, 2008
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹82.5 Lakh
FY 2024 · +5% YoY
- Net Profit₹13,475
FY 2024 · 0% margin
- EBITDA₹1 Lakh
FY 2024 · 1% margin
Associated legal entities of Payroll OnDemand
Payroll OnDemand operates through Hr Software Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hr Software Solutions Private Limited CIN U72200DL2008PTC178420 | Active | 21 May 2008 | New Delhi, Delhi | ₹0.8 Cr | – | 5 | View details |
Board of directors of Hr Software Solutions Private Limited (Payroll OnDemand)
Hr Software Solutions Private Limited is the primary company behind Payroll OnDemand. The board of Hr Software Solutions Private Limited currently have 5 directors; the longest-serving is Shafayat Ali, appointed in 2008.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shafayat Ali DIN 02147025 | Director | 21 May 2008 | 18 yrs 4 mo | Hr Software Solutions Private Limited |
| Enayat Ali DIN 02147006 | Director | 21 May 2008 | 18 yrs 4 mo | Hr Software Solutions Private Limited |
| Hidayat Ali Siddique DIN 02155087 | Director | 21 May 2008 | 18 yrs 4 mo | Hr Software Solutions Private Limited |
| Ashraf Ali DIN 02146996 | Director | 21 May 2008 | 18 yrs 4 mo | Hr Software Solutions Private Limited |
| Abid Ali DIN 03135725 | Additional Director | 20 Jan 2011 | 15 yrs 8 mo | Hr Software Solutions Private Limited |
People of Payroll OnDemand
1 people are tracked at Payroll OnDemand (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Chairman | Leadership |
Complete people profiles for Payroll OnDemand
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Financials of Payroll OnDemand
Figures of Hr Software Solutions Private Limited, the primary company behind Payroll OnDemand, for FY 2024. Revenue was ₹82.5 Lakh (+5% year on year). Net profit was ₹13,475 (0% margin). EBITDA was ₹1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +8% over three years and +32% over five years.
- ₹82.5 LakhRevenue · FY 2024 · +5% YoY
- ₹13,475Net profit · 0% margin
- ₹1 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- +8%Revenue CAGR, 3 years
- +32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hr Software Solutions Private Limited are on its company page.
Detailed financial statements for Payroll OnDemand
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Payroll OnDemand
Payroll OnDemand has 10 listed similar companies in our database, 9 of them funded. They include Gusto, Payflow, Paylocity, Justworks and Earnin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| payflow.es | 2020 | Alcobendas, Spain | $58.23M | – | Payflow is recognized as a financial wellness application for employees. | |
| paylocity.com | 1997 | Arlington Heights, United States | $37.28M | 4,150 | Cloud-based payroll and HR solutions are provided for businesses. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| earnin.com | 2012 | Palo Alto, United States | $190.1M | 242 | Real-time access to earned wages is provided fee-free. | |
| pagarbook.com | 2018 | Bengaluru, India | $24.84M | 456 | Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises | |
| papayaglobal.com | 2016 | New York, United States | $440M | – | Cloud-based payroll management solutions are offered for businesses. | |
| payscale.com | 2002 | Seattle, United States | $117.62M | 299 | Payroll compensation management software is provided for businesses. | |
| ultimatesoftware.com | 1990 | Weston, United States | – | 10,754 | Cloud-based payroll and talent management software is offered to businesses. | |
| exactuals.com | 2011 | Los Angeles, United States | $20.6M | – | Cloud-based payroll management is delivered to enterprises in creative sectors. |
Detailed similar companies of Payroll OnDemand
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Payroll OnDemand (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about Payroll OnDemand
Payroll OnDemand was founded in 2016.
Payroll OnDemand is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Payroll OnDemand, Hr Software Solutions Private Limited, reported revenue of ₹82.5 Lakh for FY 2024, up 5% year on year.
Payroll OnDemand offers cloud-based payroll management solutions for businesses through offering financial products and advice, managing payroll, providing software for education, and cloud-based platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Payroll OnDemand operates through Hr Software Solutions Private Limited.
The legal entities of Payroll OnDemand currently have 5 directors, including Shafayat Ali, Enayat Ali, Abid Ali and others.