Hello Pratima! For your requirement, I'm suggesting Cadena HRM Payroll. They have also launched the "light" version of the Cadena HRM series under the brand name "VN Payroll".
We are using Spine software. The price is reasonable, and it comes with AMC for any support. It is simple to use, and support is always available over the phone or email. You can contact them.
Thank you for all the leads and comments. I will surely explore the avenues. As of now, we are not looking into outsourcing the payroll functionality.
Thanks again.
Regards,
Pratima
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