About Payroll Software
Payroll Software is a Technology company based in Ahmedabad (India) founded in 2005. It operates as an online platform offering payroll software. The company has 24 employees. Its Indian entity Orange Technolab Private Limited reported revenue of ₹3.42 Cr. Payroll Software offers products and services including Ultimatix Payroll & HRMS, Mobile App, and Attendance Machine. Its focus areas include FinTech, Finance & Accounting Tech, Payroll Management and Enterprise Applications. 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 Software was founded in 2005 in Ahmedabad, India, within the payroll sector. An online platform is maintained, incorporating modules for employee data handling, leave and time management, payroll processing, reimbursement tracking, attendance monitoring, finance oversight, and automated report creation. Customization options are available to align with specific organizational needs, and biometric devices are supplied for attendance and time recording.
- Headquarters Ahmedabad, India
- Employees 24
- SectorsTechnology
- Website payrollsoftware.co.in
- Social LinkedIn X Facebook Instagram
- Legal Name Payrollsoftware.Co.In
- Date of Incorporation 04 May, 2009
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹3.42 Cr
FY 2025 · +26% YoY
- Net Profit₹6 Lakh
FY 2025 · 2% margin
- EBITDA₹9.4 Lakh
FY 2025 · 3% margin
- Employee Count24
Associated legal entities of Payroll Software
Payroll Software operates through Orange Technolab Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Orange Technolab Private Limited CIN U72900GJ2009PTC056808 | Active | 04 May 2009 | Ahmedabad, Gujarat | ₹3.4 Cr | 24 | 2 | View details |
Products & Services of Payroll Software
Payroll Software offers a comprehensive portfolio of products and services, including Ultimatix Payroll & HRMS, Mobile App, and Attendance Machine.
Manages payroll, employee data, and HR workflows for organizations.
Enables mobile access for employee tasks and attendance tracking.
Provides tools for tracking employee attendance and access control.
Apps and channels of Payroll Software
Payroll Software publishes 1 mobile app with over 100K+ downloads.
Board of directors of Orange Technolab Private Limited (Payroll Software)
Orange Technolab Private Limited is the primary company behind Payroll Software. The board of Orange Technolab Private Limited currently have 2 directors; the longest-serving is Kosha Ankur Patel, appointed in 2009. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kosha Ankur Patel DIN 02404711 | Director | 04 May 2009 | 17 yrs 5 mo | Orange Technolab Private Limited |
| Ankur Harshadbhai Patel DIN 02404694 | Director | 04 May 2009 | 17 yrs 5 mo | Orange Technolab Private Limited |
Financials of Payroll Software
Figures of Orange Technolab Private Limited, the primary company behind Payroll Software, for FY 2025. Revenue was ₹3.42 Cr (+26% year on year). Net profit was ₹6 Lakh (2% margin). EBITDA was ₹9.4 Lakh (3% margin). Revenue has grown at a compounded annual rate of +11% over three years and +14% over five years.
- ₹3.42 CrRevenue · FY 2025 · +26% YoY
- ₹6 LakhNet profit · 2% margin
- ₹9.4 LakhEBITDA · 3% margin
- ₹10 LakhPaid-up capital
- 24Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Orange Technolab Private Limited are on its company page.
Detailed financial statements for Payroll Software
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Payroll Software
Payroll Software 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 | $438M | – | 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 Software
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Payroll Software
The website of Payroll Software (payrollsoftware.co.in) receives about 3.8K visits a month.
- Monthly visits3.8K
▲ 25.3% vs previous month
Websites whose visitors overlap most with Payroll Software. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sensysindia.com | 64% | 1.7K | #11,123,738 | View details | |
| paybooks.in | 61% | 66.8K | #355,503 | View details | |
| paysquare.com | 47% | 143.8K | #246,959 | View details |
Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Payroll Software (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Payroll Software
Payroll Software was founded in 2005.
Payroll Software is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Payroll Software has 24 employees.
The primary company behind Payroll Software, Orange Technolab Private Limited, reported revenue of ₹3.42 Cr for FY 2025, up 26% year on year.
Payroll Software was founded in 2005 in Ahmedabad, India, within the payroll sector. An online platform is maintained, incorporating modules for employee data handling, leave and time management, payroll processing, reimbursement tracking, attendance monitoring, finance oversight, and automated report creation. Customization options are available to align with specific organizational needs, and biometric devices are supplied for attendance and time recording.
Payroll Software offers Ultimatix Payroll & HRMS, Mobile App, and Attendance Machine.
Payroll Software operates through Orange Technolab Private Limited.
The legal entities of Payroll Software currently have 2 directors, including Kosha Ankur Patel, Ankur Harshadbhai Patel.
Yes. Payroll Software publishes Ultimatix Payroll, with over 100,000 downloads.